House prices in east London have more than doubled in the past decade, according to research by Investing Reviews. Waltham Forest saw a 116% increase from £236,856 in 2013 to £512,508 in 2023. Meanwhile, Barking and Dagenham saw a 111% increase, while Newham and Havering had rises of 100% and 97% respectively. Sutton and Croydon also saw average house price increases of 83% and 92% respectively. By contrast, Kensington and Chelsea saw only a 20% increase in average prices. The trend has been driven by a combination of factors including transport improvements, the Olympics and tax policies, but primarily by affordability issues in more expensive parts of the capital. |
Evening Standard (17/04/2023) |