Sunday, October 20News For London

Tag: Stoke Newington

Housing crisis: London hosts six out of ten UK areas with more property price increase

Housing crisis: London hosts six out of ten UK areas with more property price increase

DontUse, Environment, News, ReportingWeek1, Social media
Are you a foreign young professional looking forward to settling in one of the trendiest areas in London? If so, you'd better rush before the prices hit new records, or just quit and pick another zone. A new report by Zoopla property agency shows the impact of the housing crisis. Data reveal that over the last five years property prices in some areas of the capital have increased more than fifty per cent. In East London hotspots Dalston and Shoreditch, for instance, property prices have risen by up to 59.89% and 58.06%, respectively. As for the average growth of housing prices, Stoke Newington (North London) and Tooting (South East) head the list with £672 and £671, respectively. Other conflict zones in the capital in terms of housing prices are Stratford (East) and Stock