East End lifts ailing London price growth

House price growth in the UK is at its slowest since 2012 at 0.7%, with London affecting the overall picture with a 1.4% drop over the past year alone. However CBRE’s new Borough by Borough report shows four of its top five locations for house-price growth in the capital in the past five years were in east London: Barking & Dagenham (51%), Newham (49%), Waltham Forest (44%), Bexley, in southeast London (42%), Redbridge (41%) and Havering (40%). CBRE attributed the boost to post-Olympic regeneration, the redevelopment of industrial sites, emerging tech hubs and young professionals looking for greater affordability.

The Sunday Times (22/09/2019)

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