Most of the sales in Tower Hamlets over the past year were flats which on average sold for £523,428. Terraced properties had an average sold price of £851,222 and semi-detached properties averaged at £923,417.
Tower Hamlets, with an overall average price of £546,139 was more expensive than nearby Newham (£411,664), Barking And Dagenham (£302,834) and Havering (£391,554). The most expensive area within Tower Hamlets was Tower Bridge (£1,250,124) and the cheapest was Bromley By Bow (£376,011).
In the past year house prices in Tower Hamlets were 3% up on the year before and 13% up on 2015 when they averaged at £483,265.