Nationwide: Hackney house prices up 22% in 12 months

According to a story in the Evening Standard, research by Nationwide Building Society showed:

"Prices rose faster in Hackney and Hammersmith & Fulham — both with 22 per cent increases — than anywhere else in the country. Property experts said the dramatic recovery in the London market was down to foreign investors cashing in on the weakness of the pound combined with higher salaries and bonuses in the City and a shortage of homes up for sale."