Most of the sales in Tower Hamlets over the past year were flats which on average sold for £437,441. Terraced properties had an average sold price of £767,966 and detached properties averaged at £697,857.
Tower Hamlets, with an overall average price of £463,191 was more expensive than nearby Newham (£302,561), Barking And Dagenham (£234,546) and Havering (£312,237). The most expensive area within Tower Hamlets was Tower Bridge (£834,059) and the cheapest was Lansbury (£307,007).
In the past year house prices in Tower Hamlets were 5% up on the year before and 31% up on 2012 when they averaged at £354,623.