Most of the sales in Tower Hamlets over the past year were flats which on average sold for £422,849. Terraced properties had an average sold price of £692,527 and semi-detached properties averaged at £535,889.
Tower Hamlets, with an overall average price of £440,693 was more expensive than nearby Newham (£254,441), Barking And Dagenham (£206,186) and Havering (£276,574). The most expensive area within Tower Hamlets was Tower Bridge (£750,751) and the cheapest was Lansbury (£255,360).
In the past year house prices in Tower Hamlets were 19% up on the year before and 28% up on 2010 when they averaged at £344,499.