Most of the sales in Tower Hamlets over the past year were flats which on average sold for £463,482. Terraced properties had an average sold price of £799,116 and detached properties averaged at £712,857.
Tower Hamlets, with an overall average price of £487,444 was more expensive than nearby Newham (£329,703), Barking And Dagenham (£252,225) and Havering (£330,790). The most expensive area within Tower Hamlets was Tower Bridge (£838,055) and the cheapest was Lansbury (£331,806).
In the past year house prices in Tower Hamlets were 9% up on the year before and 27% up on 2013 when they averaged at £383,603.