Stratford house prices set to continue to rise thanks to Olympics

House prices in Stratford are set to continue to rise due to the lasting legacy of the Olympic Games, according to an estate agent.

In an interview with the Guardian, Kamran Younis of Century21 Cameron Adams claimed that the East London property market is booming and will only continue to grow in the future.

"It's an international focal point. I can only predict good things about it, and being here, amidst all this activity, it's very exciting," he said.
"I think Stratford [property market], the way it's poised, is only going to go up and up."

A recent report from UK bank Lloyds TSB revealed that house prices have risen significantly since London was named as the host of the event six years ago.

Property values in the 14 postal districts nearest the main Olympic site have surged by 28 per cent - or £58,582 - on average between July 2005 and May 2011.

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