Most of the sales in Tower Hamlets over the past year were flats which on average sold for £522,781. Terraced properties had an average sold price of £894,418 and semi-detached properties averaged at £935,222.
Tower Hamlets, with an overall average price of £555,703 was more expensive than nearby Newham (£456,822), Barking And Dagenham (£358,054) and Havering (£475,389). The most expensive area within Tower Hamlets was Spitalfields (£792,786) and the cheapest was Bromley By Bow (£372,792).
In the past year house prices in Tower Hamlets were 3% down on the year before and 13% down on 2021 when they averaged at £638,827.