Most of the sales in Tower Hamlets over the past year were flats which on average sold for £536,901. Terraced properties had an average sold price of £939,791 and semi-detached properties averaged at £690,750.
Tower Hamlets, with an overall average price of £566,046 was more expensive than nearby Newham (£414,411), Barking And Dagenham (£304,249) and Havering (£395,559). The most expensive area within Tower Hamlets was Tower Bridge (£1,138,331) and the cheapest was Bromley By Bow (£377,618).
In the past year house prices in Tower Hamlets were 7% up on the year before and 17% up on 2015 when they averaged at £483,265.