House prices soar near Olympics venue : Finance Markets
The average value of houses in the 13 postal districts closest to Olympic park in Stratford, east London, has increased by more than £62,739 to £268,884 since July 2005, when the capital was awarded the right to host the 2012 Olympics.
A study by Lloyds TSB shows that house prices have risen by 30%, which is equivalent to a monthly rise of £815.
In comparison, house prices across England and Wales increased by 25% over the same period.
House prices in Dalston and Homerton, in the borough of Hackney, have increased the most, with a rise of 55% to an average of £359,436 and £332,102 respectively.
In Stratford itself, the average house price has grown by 13% to £227,893. ....
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