Most of the sales in Tower Hamlets over the past year were flats which on average sold for £512,036. Terraced properties had an average sold price of £807,734 and detached properties averaged at £964,000.
Tower Hamlets, with an overall average price of £529,103 was more expensive than nearby Newham (£371,978), Barking And Dagenham (£293,868) and Havering (£365,300). The most expensive area within Tower Hamlets was Tower Bridge (£1,035,355) and the cheapest was Bromley By Bow (£390,459).
In the past year house prices in Tower Hamlets were 7% up on the year before and 19% up on 2014 when they averaged at £445,284.