HOUSE PRICES in Waltham Forest are growing faster than any other London borough, according to recent research.

In a study looking at the growth in London’s property market since the 2012 Olympics, it showed a 76.6 per cent rise in Waltham Forest’s house prices.

In July 2012, Waltham Forest’s average house price was £236,796, but jump four years later and it has grown to £418,146.

Across all of London’s 32 boroughs, house prices rose by 52.8 per cent making Waltham Forest a full 23.8 per cent higher than the capital’s average.

According to crowdfunding platform, Property Partner, it is the “major financial investment” into the six Olympic hosting boroughs, which has seen them outperform most of London.

The research, which comes from analysis of the UK House Price Index, comes less than a week before the Rio Olympics begin.

All six ‘Olympic’ boroughs, Tower Hamlets, Hackney, Newham, Greenwich, Barking and Dagenham and Waltham Forest, came in the top ten for growth in house prices.

Lewisham came a distant second with a 67.9 per cent growth in house prices while Waltham Forest’s neighbour, Hackney, was third with 66.9 per cent.

Property Planner’s CEO, Dan Gandesha said: “London 2012 was the catalyst for a flood of investment into the capital, much of which was injected into regenerating some of the capital’s most disadvantaged boroughs.

“The reality is, no one can say for sure what will happen just now.

“But the fundamentals of the capital’s housing market are self-evident, demand far outstrips supply.