This wasn't the case for me, When i bought my Ex-LA (i'd agree about modern builds) 1 bed in Peckham i'd have to go as far as Catford before i could get a 2 bed for the same money.
Ah yeah Ex-LAs are a special case though, loads of room for discounting / bargaining.
And who would move to Catford eh?
@Howard started
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This wasn't the case for me, When i bought my Ex-LA (i'd agree about modern builds) 1 bed in Peckham i'd have to go as far as Catford before i could get a 2 bed for the same money.