Last year most property sales in East London involved flats which sold for on average £449,363. Terraced properties sold for an average price of £500,601, while semi-detached properties fetched £547,136.
East London, with an overall average price of £472,718 was cheaper than nearby North East London (£514,981), South East London (£530,137) and Central London (£1,796,014). The priciest area within East London was Tower Hamlets (£561,728) and the least expensive was Barking And Dagenham (£307,006).
During the last year, sold prices in East London were 3% up on the previous year and 20% up on 2015 when the average house price was £393,110.