Newspaper article The Evening Standard (London, England)

This Week: Homesandproperty.Co.UK

Newspaper article The Evening Standard (London, England)

This Week: Homesandproperty.Co.UK

Article excerpt

Byline: Faye Greenslade

news: we're all living in a boom town.

But how long will it last?

MORE than a dozen buyers are chasing every house for sale in London -- driving soaring prices.

The average seller in once-grim Hackney, where prices have risen 20 per cent in a year according to the Land Registry, is bombarded with five offers from eager buyers looking to live in one of London's fastest-changing boroughs. Meanwhile, only three London districts now have average house prices below the PS250,000 stamp duty threshold-- Barking & Dagenham, with an average PS234,283; Bexley, on PS248,383, and Newham, on PS239,942.

Experts today called these growth levels "unsustainable" and warned buyers to expect an immediate slowdown when mortgage rates rise next year or the year after.

Read Ruth Bloomfield's full story at homesandproperty.co.uk

hot homes: take a Tube tour south along the Northern line

WITH exclusive research into new train routes, we begin the second part of our series predicting homes hotspots on the Tube network, this time looking at the Northern line -- London's busiest rush-hour service (see Page 6 in Homes & Property today). A new 24-hour weekend service is set to connect revellers to the West End from next year, while additional lines will open into deepest south London from 2018. Join us on a property tour as we find homes at every stop from High Barnet to Morden.

Join the tour at homesandproperty.co.uk/northern

London buy of the week it's playtime in Wandsworth

PS645,000: this Wandsworth home -set on a private development opposite open playing fields - is a bit of a find. A new refit to its 1,022 square footage means you can move straight in to enjoy sleek oak floors, a smart kitchen and spacious reception room with wood shutters that fold back to reveal a conservatory opening on to a patio garden. Upstairs has three plush bedrooms and a slatetiled bathroom. Southfields Tube is a stroll away, as are Garratt Lane's shops and bars. Through John D Wood.

Visit homesandproperty.co.uk/buyoftheweekwands

Life changer dwell in the Dales and run a homely B&B

PS695,000: dreams of a small business empire might just be fulfilled in Kettlewell, North Yorkshire, where you can take the reins at this popular B&B. …

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