Most of the sales in Tower Hamlets over the past year were flats which on average sold for £351,788. Terraced properties had an average sold price of £538,747 and semi-detached properties averaged at £544,889.
Tower Hamlets, with an overall average price of £370,106 was more expensive than nearby Newham (£230,410), Barking And Dagenham (£186,390) and Havering (£255,479). The most expensive area within Tower Hamlets was Tower Bridge (£672,254) and the cheapest was Bromley By Bow (£282,247).
In the past year house prices in Tower Hamlets were 6% up on the year before and 7% up on 2010 when they averaged at £344,542.