Most of the sales in Tower Hamlets over the past year were flats which on average sold for £520,419. Terraced properties had an average sold price of £872,103 and semi-detached properties averaged at £924,571.
Tower Hamlets, with an overall average price of £550,473 was more expensive than nearby Newham (£456,087), Barking And Dagenham (£356,634) and Havering (£462,991). The most expensive area within Tower Hamlets was Victoria Park Village (£770,885) and the cheapest was Bromley By Bow (£380,367).
In the past year house prices in Tower Hamlets were 4% down on the year before and 14% down on 2021 when they averaged at £638,808.