Most of the sales in Tower Hamlets over the past year were flats which on average sold for £489,074. Terraced properties had an average sold price of £819,057 and detached properties averaged at £669,286.
Tower Hamlets, with an overall average price of £511,189 was more expensive than nearby Newham (£343,747), Barking And Dagenham (£263,669) and Havering (£339,194). The most expensive area within Tower Hamlets was Tower Bridge (£887,115) and the cheapest was Lansbury (£360,121).
In the past year house prices in Tower Hamlets were 12% up on the year before and 33% up on 2013 when they averaged at £383,732.