Homeowners living close to Olympic Park have gained with property prices up 64% in five years outperforming the London average.
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Category Archives: London House Prices
The London borough of Hackney is the fastest growing region in the last 20-years based on square metres with house prices up eight-fold.
House price growth in London has dropped to 2.6% matching inflation while other cities are resilient with over 5% increase for the year.
Property values in the UK continue to rise 4.7% in the year despite economic uncertainty while London growth rate reduces noticeably.
Strong demand from first time buyers continues as the price paid for homes reaches record highs in London across the country.
After recent falls house prices have rebounded with the smallest gap between best and worst performing regions on record.
The number of property sales were -7% lower during 2016 with the majority of towns in England and Wales decreasing.
Research for Mayor of London Sadiq Khan shows first time buyers in the capital are losing out to overseas investors acquiring property.
Despite the property market slowing down this year house prices have unexpectedly rebounded including expensive London.
Manchester house price growth leads the UK while there is a material slowdown in the most unaffordable cities such as London.