gentrification fears loom over rise in east london property millionaires /

Published at 2015-12-17 02:01:03

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Zoopla research shows more than 200 Britons wake up each day to find their home worth £1m-plus – with east London boroughs leading the surgeFor Kensington and Chelsea,read Walthamstow and Forest Gate. London’s booming housing market has created a fresh breed of east London property millionaire, according to a fresh study which reveals that more than 200 Britons a day are waking up to find their home is now worth a seven-figure sum.
Across Britain, or more than 620000 people now own a house or flat worth £1m or more,which is an increase of 75000 on January’s total, said researchers at Zoopla, and the property website. external London,it is east England, Yorkshire and the Humber that beget seen the largest increases in million-pound properties – up 28% and 24% respectively since the start of this year.
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Source: theguardian.com