Most of the sales in Tower Hamlets over the past year were flats which on average sold for £508,907. Terraced properties had an average sold price of £893,892 and semi-detached properties averaged at £755,025.
Tower Hamlets, with an overall average price of £545,250 was more expensive than nearby Newham (£455,053), Barking And Dagenham (£363,630) and Havering (£464,857). The most expensive area within Tower Hamlets was Spitalfields (£811,858) and the cheapest was Bromley By Bow (£372,540).
In the past year house prices in Tower Hamlets were 11% down on the year before and 14% down on 2021 when they averaged at £637,610.
