Most of the sales in Tower Hamlets over the past year were flats which on average sold for £502,055. Terraced properties had an average sold price of £832,901 and semi-detached properties averaged at £943,400.
Tower Hamlets, with an overall average price of £519,287 was more expensive than nearby Newham (£384,467), Barking And Dagenham (£302,071) and Havering (£372,289). The most expensive area within Tower Hamlets was Tower Bridge (£1,245,460) and the cheapest was Bromley By Bow (£400,232).
In the past year house prices in Tower Hamlets were similar to the year before and 17% up on 2014 when they averaged at £445,249.