Press & media coverage

East Ham offers a great opportunity for Londoners to live in close proximity to central London or Canary Wharf without paying a premium, according to Marc von Grundherr, managing director of estate agents Benham and Reeves.

Where people live affects how happy they are, according to a study by London estate agent Benham and Reeves, which has revealed the happiest areas may be those with below average house prices.

At the other end of the spectrum there is Marc von Grundherr, director of London estate agent Benham and Reeves, who says: “Those of us with our ear to the ground will tell you that both buyer and seller enquiries are coming in thick and fast, particularly across the London market.”

"We remain a nation driven by the aspiration of homeownership and it’s only a matter of time before this uplift in activity reverses the reduced rates of house price growth seen during the latter stages of last year.” said Marc von Grundherr, Director at Benham and Reeves.

Director of Benham and Reeves, Marc von Grundherr, commented: “It’s been a swift start to the year and those of us with our ear to the ground will tell you that both buyer and seller enquiries are coming in thick and fast, particularly across the London market. So while we may have seen a momentary period of respite towards the end of 2022, there is a renewed level of optimism enveloping the market so far this year.

“It’s been a swift start to the year and those of us with our ear to the ground will tell you that both buyer and seller enquiries are coming in thick and fast, particularly across the London market. So while we may have seen a momentary period of respite towards the end of 2022, there is a renewed level of optimism enveloping the market so far this year" said Benham and Reeves.

A recent analysis from Benham and Reeves found that almost a third of all apartments in London boast a balcony, a feature that is often in high demand amongst buyers as it provides a valuable slice of outdoor space.

Benham & Reeves expects the cost of renting to climb by as much as 10 per cent this year, while others suggest an increase of between five to eight per cent.

London’s most up-and-coming neighbourhoods have seen house price increases of up to 64.5% over the last year, according to research by Benham and Reeves.

Marc von Grundherr, a director at Benham and Reeves, which has offices in Hong Kong and London, said both sets of buyers were competing for