Most of the sales in Tower Hamlets over the past year were flats which on average sold for £363,598. Terraced properties had an average sold price of £573,679 and semi-detached properties averaged at £544,682.
Tower Hamlets, with an overall average price of £382,375 was more expensive than nearby Newham (£233,831), Barking And Dagenham (£189,089) and Havering (£261,403). The most expensive area within Tower Hamlets was Tower Bridge (£707,817) and the cheapest was Bromley By Bow (£268,439).
In the past year house prices in Tower Hamlets were 7% up on the year before and 11% up on 2010 when they averaged at £344,536.