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East London property leads the price league table

A new report from the Land Registry looking at house price growth in London has revealed that east London is leading the way. The London Borough of Newham reported the strongest growth of all the capital's boroughs, with house prices rising almost 20%. According to Land Registry, the average price of a home in Newham has now reached £291,364. The borough of Barking and Dagenham was hot on Newham's heels, with annual price growth of 14.7%. Another borough making headlines was Hackney, say east London estate agents, an area that registered London's fastest rising month-on-month house price growth, with movement of 1.6%. Despite the uplift, E postcodes remain an affordable destination in the capital, add east London estate agents, with the average London home now having a value of £462,799 - maybe more, depending on what house price index you read. Why is property for sale in east London performing so well' Transport - public transport is one of the biggest considerations among home movers and east London is set to boost its commuter credentials thanks to Crossrail. New stations are planned for Custom House, Stratford and Forest Gate, providing faster and more direct access to the City, the West End, the west of the capital and beyond into Berkshire. Journey times to Tottenham Court Road, for example, will be slashed by 15 minutes from Custom House and by 12 minutes from Whitechapel as of 2018 - granting a precious lie-in for those commuting from east London. The address to have - there is a new level of prestige attached to owning an east London property, comment local estate agents, including Winkworth. Areas such as Dalston, Haggerston, Hoxton, Shoreditch, Bow and Whitechapel are attracting a young, vibrant crowd drawn in by the areas' urban charm and ability to incubate the latest trends in music, food and art. Exceptional property stock - flats and houses for sale in east London come in all shapes and sizes. There's a great supply of period homes from the Victorian, Edwardian and Georgian eras, as well as some stunning warehouse conversions and an exciting new build programme. Current favourites include the flats for sale at Royal Victoria Dock and at the former Olympic Village. Post-Olympic investment - if you thought the money pouring into east London would dry up after the 2012 closing ceremony, think again. Continued investment and a repurposing of the Olympic venues has kept the momentum going in east London. The Royal Docks is a fine example of an area reborn, with plans for one of Europe's most exciting developments - London's Floating Village. Billions of additional investment is flowing to Royal Albert Dock, Royal Albert Basin and Pontoon Dock - Silvertown Quays, with the promise of new homes, new jobs and an improved public realm. If you would like details of the area's exciting future, with details of the latest houses and flats for sale in east London, contact Winkworth today.

A new report from the Land Registry looking at house price growth in London has revealed that east London is leading the way. The London Borough of Newham reported the strongest growth of all the capital's boroughs, with house prices rising almost 20%. According to Land Registry, the average price of a home in Newham has now reached £291,364. The borough of Barking and Dagenham was hot on Newham's heels, with annual price growth of 14.7%. Another borough making headlines was Hackney, say east London estate agents, an area that registered London's fastest rising month-on-month house price growth, with movement of 1.6%.

Despite the uplift, E postcodes remain an affordable destination in the capital, add east London estate agents, with the average London home now having a value of £462,799 - maybe more, depending on what house price index you read.

Why is property for sale in east London performing so well'

Transport - public transport is one of the biggest considerations among home movers and east London is set to boost its commuter credentials thanks to Crossrail. New stations are planned for Custom House, Stratford and Forest Gate, providing faster and more direct access to the City, the West End, the west of the capital and beyond into Berkshire. Journey times to Tottenham Court Road, for example, will be slashed by 15 minutes from Custom House and by 12 minutes from Whitechapel as of 2018 - granting a precious lie-in for those commuting from east London.

The address to have - there is a new level of prestige attached to owning an east London property, comment local estate agents, including Winkworth. Areas such as Dalston, Haggerston, Hoxton, Shoreditch, Bow and Whitechapel are attracting a young, vibrant crowd drawn in by the areas' urban charm and ability to incubate the latest trends in music, food and art.

Exceptional property stock - flats and houses for sale in east London come in all shapes and sizes. There's a great supply of period homes from the Victorian, Edwardian and Georgian eras, as well as some stunning warehouse conversions and an exciting new build programme. Current favourites include the flats for sale at Royal Victoria Dock and at the former Olympic Village.

Post-Olympic investment - if you thought the money pouring into east London would dry up after the 2012 closing ceremony, think again. Continued investment and a repurposing of the Olympic venues has kept the momentum going in east London. The Royal Docks is a fine example of an area reborn, with plans for one of Europe's most exciting developments - London's Floating Village. Billions of additional investment is flowing to Royal Albert Dock, Royal Albert Basin and Pontoon Dock - Silvertown Quays, with the promise of new homes, new jobs and an improved public realm.

If you would like details of the area's exciting future, with details of the latest houses and flats for sale in east London, contact Winkworth today.

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