Most of the sales in Tower Hamlets over the past year were flats which on average sold for £444,839. Terraced properties had an average sold price of £792,983 and detached properties averaged at £706,875.
Tower Hamlets, with an overall average price of £470,779 was more expensive than nearby Newham (£318,563), Barking And Dagenham (£244,326) and Havering (£320,632). The most expensive area within Tower Hamlets was Tower Bridge (£866,346) and the cheapest was Lansbury (£301,526).
In the past year house prices in Tower Hamlets were 5% up on the year before and 23% up on 2013 when they averaged at £383,603.