Most of the sales in Tower Hamlets over the past year were flats which on average sold for £399,854. Terraced properties had an average sold price of £641,791 and semi-detached properties averaged at £548,859.
Tower Hamlets, with an overall average price of £417,780 was more expensive than nearby Newham (£243,597), Barking And Dagenham (£197,773) and Havering (£267,828). The most expensive area within Tower Hamlets was Tower Bridge (£732,216) and the cheapest was Lansbury (£260,793).
In the past year house prices in Tower Hamlets were 14% up on the year before and 21% up on 2010 when they averaged at £344,499.