Most of the sales in Tower Hamlets over the past year were flats which on average sold for £492,398. Terraced properties had an average sold price of £823,531 and semi-detached properties averaged at £646,571.
Tower Hamlets, with an overall average price of £514,828 was more expensive than nearby Newham (£352,272), Barking And Dagenham (£270,585) and Havering (£346,524). The most expensive area within Tower Hamlets was Tower Bridge (£903,665) and the cheapest was Bromley By Bow (£374,704).
In the past year house prices in Tower Hamlets were 11% up on the year before and 34% up on 2013 when they averaged at £383,732.