Most of the sales in Tower Hamlets over the past year were flats which on average sold for £417,888. Terraced properties had an average sold price of £672,270 and semi-detached properties averaged at £511,454.
Tower Hamlets, with an overall average price of £435,307 was more expensive than nearby Newham (£249,826), Barking And Dagenham (£202,193) and Havering (£272,772). The most expensive area within Tower Hamlets was Tower Bridge (£742,559) and the cheapest was Lansbury (£263,282).
In the past year house prices in Tower Hamlets were 18% up on the year before and 26% up on 2010 when they averaged at £344,499.