Olympic buzz boosts East London property market

11th August 2017

The London 2012 Olympics stoked property prices in the surrounding boroughs, according to the Halifax. House prices in the 14 closest East London postal districts to the London Stadium, currently hosting the World Athletics Championships, have increased by an average of £4,279 a month between the end of the Paralympic Games in September 2012 and April 2017, it found. The average house price in the area has surged by 64%, from £286,683 to £470,687 – higher than the London average increase of 38%. Walthamstow recorded the fastest increase, with prices doubling from £238,348 to £479,421, an increase of £241,073 or 101%. All 14 areas analysed have recorded price growth of more than £125,000.

The Times (05/08/2017)