Last year most property sales in East London involved flats which sold for on average £443,519. Terraced properties sold for an average price of £504,433, while semi-detached properties fetched £560,433.
East London, with an overall average price of £472,693 was cheaper than nearby North East London (£514,728), South East London (£520,129) and Central London (£1,835,009). The priciest area within East London was Tower Hamlets (£567,457) and the least expensive was Barking And Dagenham (£303,966).
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 £393,116.