Most of the sales in Tower Hamlets over the past year were flats which on average sold for £520,938. Terraced properties had an average sold price of £876,060 and semi-detached properties averaged at £927,125.
Tower Hamlets, with an overall average price of £552,975 was more expensive than nearby Newham (£456,756), Barking And Dagenham (£354,216) and Havering (£469,860). The most expensive area within Tower Hamlets was Spitalfields (£756,640) and the cheapest was Bromley By Bow (£372,753).
In the past year house prices in Tower Hamlets were 4% down on the year before and 13% down on 2021 when they averaged at £638,833.
