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Property prices 'to be boosted by Olympics'

As well as receiving investment and regeneration as a result of the 2012 Olympic Games, the Lower Lea Valley in east London is likely to see a boost in property prices, a property expert has said. Part of the legacy of the event, 9,000 new homes will be built in the area, which according to Natalie Churchman of Ludlowthompson will command a premium price as newly built property. "I expect prices to continue to rise; there's lots of new developments bought on by the Olympic bid, modern houses being built," she states. A sales manager at the firm, Ms Churchman adds that the area is attracting first-time buyers and professionals who are looking for more affordable property. East London already has good tube connections via the Victoria line, but this will only improve as it is expanded between the end of this year and 2010 providing links to West Croydon and Dalston junction. www.businessinberkshire.co.uk/property DOWNLOAD    [ Property prices 'to be boosted by Olympics' ]

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