13th January 2017
New research reported in the Evening Standard has identified the London neighbourhoods which have seen the most significant increase in asking prices in the past 10 years. Wapping leads the way, with an average asking price of £901,031, an 154.8% increase. The area’s resurgence is epitomised by the £1.5bn transformation of the 15-acre site that once hosted News International’s headquarters, into London Dock, which will eventually provide 1,800 new homes, along with a new arts and shopping quarter. The east London enclave is followed by Brockley (£528,016); Clapton (£639,861); St John's Wood (£1,473,962); Notting Hill (£1,689,501); New Cross (£488,981); South Lambeth (£901,035); South Tottenham (£494,528); Camden (£1,130,722); and Whitechapel (£642,420).
Evening Standard (11/01/2017)