Last year most property sales in East London involved flats which sold for on average £448,082. Terraced properties sold for an average price of £502,572, while semi-detached properties fetched £561,537.
East London, with an overall average price of £474,023 was cheaper than nearby North East London (£517,019), South East London (£527,260) and Central London (£1,824,261). The priciest area within East London was Tower Hamlets (£570,804) and the least expensive was Barking And Dagenham (£306,284).
During the last year, sold prices in East London were 3% up on the previous year and 21% up on 2015 when the average house price was £393,120.