Last year most property sales in East London involved flats which sold for on average £440,438. Terraced properties sold for an average price of £510,040, while semi-detached properties fetched £564,936.
East London, with an overall average price of £472,010 was cheaper than nearby North East London (£517,159), South East London (£524,746) and Central London (£1,765,690). The priciest area within East London was Tower Hamlets (£566,046) and the least expensive was Barking And Dagenham (£304,249).
During the last year, sold prices in East London were 5% up on the previous year and 20% up on 2015 when the average house price was £393,123.