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@princeperch
Price is important. But location is key too. I'm selling in bow e3 right next to the park. It will take me exactly 15 minutes to get from my new house to my old flat. That extra 15 minutes gets rid of the horrendous service charge I've suffered for the past few years, gets me a garden and an extra bedroom.
I've been lucky that e3 has just about outperformed e11, but not by that much. The funny thing is that the house I'm buying was 250k give or take 3 years ago when I spent 250k on my flat in e3. The flat is worth about 10pc more than the house but there ain't much in it. People are realising that an extra 10-20 mins out gets them so much more, without having to spend 300 a month to get to work (which is what it would have cost me to get to work from bishops stortford where we looked at a nice cottage in 1/3 acre etc).
Ok there ain't many houses with those sized gardens in leytonstone but the convenience and cost savings of cycling to work will save thousands over the next few years.