Most of the sales in Tower Hamlets over the past year were flats which on average sold for £372,478. Terraced properties had an average sold price of £587,549 and semi-detached properties averaged at £533,458.
Tower Hamlets, with an overall average price of £391,845 was more expensive than nearby Newham (£236,214), Barking And Dagenham (£190,155) and Havering (£261,709). The most expensive area within Tower Hamlets was Tower Bridge (£698,762) and the cheapest was Lansbury (£264,621).
In the past year house prices in Tower Hamlets were 10% up on the year before and 14% up on 2010 when they averaged at £344,536.