Property boom in Canary Wharf

17th April 2014

East London has seen the highest growth in property prices in the capital over the last 12 months, rising 16.5%. This growth was driven by Canary Wharf, where prices rose 14.4%, as against a 12.3% rise in central London and 8.3% in the west.

Reports suggest that, around the Wharf, prices are now up to 20% higher than they were a year ago. Popular developments include Baltimore Tower, at South Quay, and nearby Lincoln Plaza. Currently, over 1,200 units are under construction in the area.

Source:   The Wharf (15/04/14)