Camden, Hackney and Haringey recorded the biggest house price growth in London in 2017, according to new research.

Property prices increased by 13.4%, 9.1% and 7% in these three boroughs.

Newham, which had been top of the growth table for two years now no longer even in top 10, according to the Hot 100 report from real estate firm CBRE.

In fourth place is Waltham Forest with prices growth of 6.3%, then Barking up 5.2%, Greenwich up 4.9%, Redbridge up 4.6%, Bexley up 4.5%, Islington up 4.3% and Havering up 4.1%.

Kensington and Chelsea remained the most expensive borough in London in 2017 with the highest average house prices in the capital.

By analysing the top performing boroughs in a number of categories, including economic growth, affordability, lifestyle choices and employability, the Hot 100 report provides a snapshot of the biggest housing market trends.

The outer boroughs had considerable success too. Barking was proven to be the most affordable borough, using a ratio of average house prices to average earnings, whilst Newham was shown to be the most economically successful borough of 2017, with the highest GDP growth of 5.6%.

According to Mark Collins, chairman of residential at CBRE UK, the report shows that confidence in London’s property market remains strong, with activity and investment growing.

Read More On The Article And Find Out To- 

Enter your e-mail address to receive updates straight to your inbox


Translate »
This website uses cookies and asks your personal data to enhance your browsing experience.
%d bloggers like this: