Market Predictions Self-employed

Greycoat Real Estate Notes Recent Local Price Hikes

Greycoat Real Estate has been among the agencies that have expressly noted certain new trends in the London housing market. Among these have been a series of house price hikes in the E17 postcode. This is the code that covers the area of Waltham Forest, which itself is an umbrella for Leyton, Chingford and Walthamstow. 

 

Home prices in this area are rebounding. This is a major new trend that has been broken by Greycoat Real Estate in conjunction with a number of its peers. Concerning the housing and rental market, the upshot of the equation should be obvious. This is a trend that has taken its time in appearing. 

 

According to the experts, it is the first of its kind to draw a major level of attention in over a decade. This matters in the wake of the 2009 housing market crash. As Greycoat Real Estate is quick to point out, the trend is one that gives hope to a lot of people. 

 

For the moment, the price of an average home property in the north-east London borough of Waltham Forest is projected to cost £501,675. According to Greycoat, this has been the norm since August. The trend is one that shows no signs of abating in the near future.

This equates to the fact that a home that has been bought for the average price of £196,354 in June 2009 will now have seen £305,321 added to its whole value. This is the type of news that Greycoat Real Estate is happy to report. It represents news that can be channeled for further profit.