Some neighbourhoods close to the Olympic Park development have seen sharp rises in house prices since 2005, when the Capital was awarded the Games.According to research from Lloyds TSB, Homerton and Shoreditch have recorded average property price rises of 69% and 53% respectively, well above the Greater London average of 36%.However, only four of the [...]

More: Olympic Park development boosts house prices

Some may think of this as a positive but house prices are already extremely high in London, and these areas were generally thought of as cheap(ish). Almost £200,000 for a house in one of the least expensive areas of London is a lot of money.