The Olympic Park’s first new houses have been given the green light.

The first phase of Chobham Manor, the first new neighbourhood to be built in Queen Elizabeth Olympic Park, was given planning permission by the London Legacy Development Corporation on Tuesday.

Plans allow for 259 new homes to be built in the northern section of the park in London’s newest postcode – E20.

The homes are expected to go on sale in late spring with residents moving in by late 2015.

Developers Taylor Wimpey  and L&Q say work will begin “very shortly”.

75 per cent of the one- to five-bedroom apartments and houses will be three or more bedrooms while 28 per cent of homes across the development will be affordable homes including social rented, affordable rented and intermediate housing.

Andrew Harrington, spokesperson for Chobham Manor LLP, said: “We are delighted with the planning approval and are on course to start constructing the homes very soon.

“It’s exciting to think that the very first Chobham Manor residents will be moving in to their new homes next year – our dream is now becoming a reality.”

Chobham Manor is one of five new neighbourhoods planned for the Olympic Park, comprising almost 7,000 new homes.