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General (main property discussion here) - Olympic effect

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Louise Hill
Mon 10 Oct 2005
12:17
3 posts

Hi all,

Am new to this forum.

Just wondered if anyone out there owns property in Stratford and has noticed an increase in house prices since the Olympic decision?

If i see anything on the market is this likely to be a ridiculously inflated price?

Any info welcome!! Thanks.

Thomas Keith-Welsh
Tue 11 Oct 2005
16:18
2 posts

As both a resident and multiple property owner in Stratford, I have found that house prices have remained fairly stable despite conflicting media coverage, though I am expecting (and hoping!) that the prices might increase nearer 2012...

Louise Hill
Wed 12 Oct 2005
10:57
3 posts

Thank you for your input Thomas - would it be possible to get in touch directly for some more advice? I'm still getting to grips with the area/market and could do with a bit of helpful advice - my email is: sienacharliepink@yahoo.co.uk. Thanks!

Rehman Memon
Tue 18 Oct 2005
12:20
7 posts

Hi! FYI, this article may give you guys some more info.

http://property.timesonline.co.uk/article/0,,14049-1828976,00.html

John Grigg
Tue 18 Oct 2005
12:42
201 posts

Yes, I saw that article too.

Why are prices increasing though? Is it down to better future travel links? I'd rather live in an area with better schools / hospitals than olympic quality swimming pools on the doorstep.

The area needs regenerating, I'm just a bit worried it's more millenium dome than notting hill.

bob swanson
Fri 21 Oct 2005
10:37
54 posts

My thoughts for what they are worth:

- Buy a 3 bed house and sit on it until the Olympics.

- Rent it out for a stupendous amount DURING the olympics.

- Sell after the Olympics, the uplift will be sufficient to take a tidy profit away.

Bob

Louise Hill
Fri 21 Oct 2005
10:56
3 posts

Thank you all so much for your interesting input - I really appreciate all your help as I'm so new to the game!

I'm still looking around - it seems things are getting snapped up pretty quickly but prices appear pretty reasonable - for the timebeing!

Thomas Keith-Welsh
Wed 26 Oct 2005
10:31
2 posts

Good plan Bob. Glad to be of help Louise and good luck.

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Forum:General (main property discussion here)
Subject:Olympic effect
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