Oliver Burgess, Branch Valuer at Winkworth Dulwich Estate Agents:

“There have been a number of major factors, national and global, taking place recently that could have had an effect on the housing market but the true nature and strength of South East London has shone through. The local housing market continues to perform well, a fantastic indication of how popular the East Dulwich, Peckham Rye and Nunhead areas truly are by that fact that when global markets take a dip our market has shown an increase. To the point where we are seeing multiple offers on both flats and houses on the sales side of things and are achieving record levels on rental properties. Demand is still outstripping supply.

The area has so much to offer to so many different age groups and therefore all price points and types of property with the market place remain busy.

London has always been a hub of innovation, style and somewhere known to always push the boundaries. Over the last decade the East London art scene has always been associated with places such as The South Bank, Brick Lane and Shoreditch. These areas have become very trendy and have grown in popularity with influxes of young professionals who want a vibrant environment with plenty to do, drink/eat and see. Prices have risen rapidly and the ever shifting focus is where the next hub is going to be, will it be a fringe of a current area or somewhere completely new?

Peckham Rye is staking a claim! When most people think of Peckham and its surroundings, ideas and perceptions from 20-30 years ago originally spring to mind – style and art is not necessarily at the top of the list of associations. But times are changing. Prices are rising faster than ever in the roads in close proximity to the station and the bars and restaurants of the Bellenden Road and off Rye Lane. This is the place to be”.

If you would like to discuss the market or how we can help you sell your property please contact Winkworth Dulwich Estate Agents on 020 8299 2722.