There is plenty of work for residential conveyancing solicitors in East London as a report shows London house sale prices in that area have risen hugely because of the Olympic Games factor.
Two years before the first athletes get to their starting positions, analysts from Lloyds TSB, which includes the UK's largest mortgage lender the Halifax, say prices have risen by 26% since 2005 when London won the bid.
Over the same period, the national average increase has been 20%, while the Greater London average rise as a whole has been 36%.
According to the Land Registry, the highest property rises are in Homerton and Shoreditch, both in the borough of Hackney, which have shown homes moving at average price rises of 69% and 53% respectively.
The least expensive of the Olympic-area districts is Plaistow, where the average house price is £196,426, followed by East Ham at £203,500 and Leyton's £209,769.
East London is beginning to feel other benefits of being the site of the 500-acre Olympic Park, which runs from Hackney Marshes to the Thames, and includes the main stadium, swimming pools, other arenas and the accommodation village.
Infrastructure legacies of the games include improved transport links such as trebling the capacity of Stratford Regional Station, extensions to the Docklands Light Railway and increasing capacity on the Jubilee Line.
Suren Thiru, housing economist at Lloyds TSB, which is one of the Games' sponsors, said part of the rise in London house sales was likely to have been due to an increased interest in property from both buyers and investors because of the associated regeneration.
"Looking forward, property prices across East London are likely to receive a boost from the legacy of improved infrastructure and transport links left by the London games," he said.
Other areas of south east England, such as Kent, Sussex, including Brighton, and Surrey are also expected to benefit from the knock-on effect of hundreds of thousands of sportsmen and women, back-up supporters and spectators traveling from throughout the world for the events in summer 2012.




