Last year most property sales in East London involved flats which sold for on average £444,731. Terraced properties sold for an average price of £505,391, while semi-detached properties fetched £561,661.
East London, with an overall average price of £473,276 was cheaper than nearby North East London (£515,247), South East London (£523,455) and Central London (£1,820,974). The priciest area within East London was Tower Hamlets (£579,067) and the least expensive was Barking And Dagenham (£304,735).
During the last year, sold prices in East London were 4% up on the previous year and 20% up on 2015 when the average house price was £393,120.