Last year most property sales in East London involved flats which sold for on average £447,781. Terraced properties sold for an average price of £556,375, while semi-detached properties fetched £547,489.
East London, with an overall average price of £510,724 was cheaper than nearby North East London (£570,515), South East London (£565,076) and Central London (£1,563,996). The priciest area within East London was Tower Hamlets (£582,563) and the least expensive was Barking And Dagenham (£336,587).
During the last year, sold prices in East London were 5% up on the previous year and 10% up on 2018 when the average house price was £464,201.