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House prices in East End rise after Olympic win [electronic resource]

By: Language: English Publication details: Edinburgh HBOS plc 2007Subject(s): Online resources: Summary: New research from Halifax Estate Agents shows that house prices in three London postal districts close to the site of 2012 Olympics games have risen by more than 15%, or at least £35 000, since London's winning bid was announced. Across London, house prices have risen by 15% since Q2 2005. The best performance has been in Leytonstone (E11), which saw a 23% (£50 714) increase in its average house price since mid 2005 followed by Hackney (E8) with a 21% (£48 578) increase and Clapton (E5) 18% (£38 895) rise. Seven areas close to the Olympic site recorded house price increases of more than 10% since Q2 2006, while all areas close to the Games site have seen at least a £15 000 rise in their average house price. Stratford (E15), the focal point for Olympic construction activity, saw an 8% (£16 801) increase in its average price since June 2005 to £225 652.
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Journal article Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 136572-1001

New research from Halifax Estate Agents shows that house prices in three London postal districts close to the site of 2012 Olympics games have risen by more than 15%, or at least £35 000, since London's winning bid was announced. Across London, house prices have risen by 15% since Q2 2005. The best performance has been in Leytonstone (E11), which saw a 23% (£50 714) increase in its average house price since mid 2005 followed by Hackney (E8) with a 21% (£48 578) increase and Clapton (E5) 18% (£38 895) rise. Seven areas close to the Olympic site recorded house price increases of more than 10% since Q2 2006, while all areas close to the Games site have seen at least a £15 000 rise in their average house price. Stratford (E15), the focal point for Olympic construction activity, saw an 8% (£16 801) increase in its average price since June 2005 to £225 652.