Most of the sales in Tower Hamlets over the past year were flats which on average sold for £411,363. Terraced properties had an average sold price of £666,577 and semi-detached properties averaged at £511,454.
Tower Hamlets, with an overall average price of £429,159 was more expensive than nearby Newham (£246,705), Barking And Dagenham (£199,993) and Havering (£272,103). The most expensive area within Tower Hamlets was Tower Bridge (£752,474) and the cheapest was Lansbury (£257,692).
In the past year house prices in Tower Hamlets were 17% up on the year before and 25% up on 2010 when they averaged at £344,499.