Last year most property sales in East London involved flats which sold for on average £442,986. Terraced properties sold for an average price of £501,158, while semi-detached properties fetched £564,164.
East London, with an overall average price of £471,052 was cheaper than nearby North East London (£511,778), South East London (£521,076) and Central London (£1,840,915). The priciest area within East London was Tower Hamlets (£570,839) and the least expensive was Barking And Dagenham (£304,853).
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 £393,117.