Most of the sales in Tower Hamlets over the past year were flats which on average sold for £420,014. Terraced properties had an average sold price of £749,822 and semi-detached properties averaged at £694,286.
Tower Hamlets, with an overall average price of £444,965 was more expensive than nearby Newham (£288,972), Barking And Dagenham (£225,455) and Havering (£297,421). The most expensive area within Tower Hamlets was Tower Bridge (£786,032) and the cheapest was Lansbury (£295,185).
In the past year house prices in Tower Hamlets were 4% up on the year before and 26% up on 2012 when they averaged at £354,510.