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According to new research by market analyst PropCast, Walthamstow and surrounding areas have been named as the “hottest” markets for property sales in London. Some 60% of properties currently for sale in the E17 postcode are already under offer or sold subject to contract. PropCast's research also shows that 54% of London is now in a “hot” sellers market, with the capital becoming a seller's market overall in June for the first time since January. Other hot postcodes include E11, Woodfood, Stratford, and various areas in south-east London. On the other hand, Kings Cross and the W1 postcode are among the coldest markets, with only 8% and 12% of properties for sale already under offer or sold subject to contract, respectively.
Evening Standard (03/07/2023)