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Well I suppose everywhere in London is overspill from somewhere else - and as long as there's good housing stock it's going to become a trendy area. I suppose even if there isn't good housing stock it will be - so much of Bethnal Green/Bow and that area is relatively grim looking but it's still getting expensive.
I don't know so much about Queens Park but I suppose East Ham has to wait until Forest Gate is pricing more people out (which is what happened to us).
But I really can't imagine seeing £1m three-bed terraces here in the next 10 years.
tbc
amey
But isn't Peckham spenny because it's cool/trendy and overspill from Clapham>Brixton etc?