Most of the sales in Tower Hamlets over the past year were flats which on average sold for £495,316. Terraced properties had an average sold price of £817,107 and semi-detached properties averaged at £646,571.
Tower Hamlets, with an overall average price of £516,147 was more expensive than nearby Newham (£345,975), Barking And Dagenham (£267,282) and Havering (£341,460). The most expensive area within Tower Hamlets was Tower Bridge (£898,626) and the cheapest was Bromley By Bow (£368,822).
In the past year house prices in Tower Hamlets were 13% up on the year before and 35% up on 2013 when they averaged at £383,732.