HOUSE PRICES

HOUSES PRICES IN OLYMPIC DISTRICTS SOAR 45% SINCE 2005

   Due to the massive amount of funding, which has been put towards construction in Stratford and   around east London, many home owners Increased their house value and rent, as they knew the Olympics would bring many people from around the world to one place, but also because the area has been modernised.

"Home owners in the 14 postal areas closest to the Olympic Park have seen the average value of their homes rise by £1,000 per month since July 2005. Prices in this part of East London have, on average, increased at a faster rate than in England, Wales and Greater London as a whole. The impact on future property values will continue to depend on how the Olympic site is transformed as a place for the community."

Kevin Kludje

Bibliography 

Christie, Sophie. 'House Prices In Olympic Districts Soar 45Pc Since 2005'. Telegraph.co.uk. N.p., 2013.