Thread by @Telegraph

📍 Move over Clapham, Hackney and Battersea.

🌳 Buyers are shunning traditionally popular parts of London, favouring green space over proximity to the office.

Here's where to find London's new property hotspots

🧵👇
telegraph.co.uk/property/buy/f…

📍 Barking and Dagenham, on the outskirts of east London, has the most competitive market in the county.

🖊️ The first 3 months of 2021 saw an average of 56 potential buyers register per listed property.

📉 Stock levels have dropped by 37% since the start of 2020

🟢🚆 The District line runs directly through Barking and Dagenham.

This provides a half hour commute to central London.

✋ Bidding wars are common in Barking.

62 people showed interest in one house which came to the market at £425,000 two weeks ago. Offers exceeded £460,000

📍 Bexley, in south-east London, is the 2nd most competitive area.

There are 39 prospective buyers per property

telegraph.co.uk/property/buy/f…

🟠🚆 Bexley station offers a 38 minute commute to Charing Cross

🌳There are more than 100 parks in the borough. Londoners are facing a “park premium” to live close to green spaces with demand pushing up prices

❌ While demand in some London boroughs has surged, other popular hotspots have dampened.

🔎Lambeth was once one of the most frequently searched for areas by potential buyers.

📉 The borough, which includes Clapham and Brixton, is now one of the least competitive in the UK

📍Camden is the area with the least demand in the capital, and the country.

🖊️ It saw just 1.5 potential buyers registered per property.

📈 Stock levels in this central London borough were up 204% on last year

telegraph.co.uk/property/buy/f…

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