Homes near to the main site of the 2012 Games have increased in value by nearly £70,000 since London was awarded the Olympics seven years ago.
The average house price across the 14 postal districts closest to the main site was £273,157 in March, according to the latest figures from Lloyds TSB, which represents an increase of 33% since July 2005, equivalent to a weekly increase of £207.
House prices in England and Wales have risen by 24% on average over the same period.
Clapton recorded the largest price rise (7.3%), followed by Bow (6.3%) and Shoreditch (5.2%). Three of the 14 postal districts closest to the Olympic Park – Homerton, Dalston and Shoreditch – have recorded price rises of over £100,000 since July 2005. Homerton in Hackney tops the list (59% or £126,871), followed by Dalston (53% or £123,655) and then Shoreditch (52% or £114,009). Stratford, home of the Olympic Park, has seen just a 14% (£28,537) rise.
House prices in England and Wales have risen by 24% on average over the same period.
Clapton recorded the largest price rise (7.3%), followed by Bow (6.3%) and Shoreditch (5.2%). Three of the 14 postal districts closest to the Olympic Park – Homerton, Dalston and Shoreditch – have recorded price rises of over £100,000 since July 2005. Homerton in Hackney tops the list (59% or £126,871), followed by Dalston (53% or £123,655) and then Shoreditch (52% or £114,009). Stratford, home of the Olympic Park, has seen just a 14% (£28,537) rise.
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