Newham in east London has steepest house price rises of the century

Average property in borough has leapt by 429%, as Newry, Northern Ireland, records slowest rises

A former down-at-heel corner of east London, the borough of Newham, has witnessed the steepest rise in property prices in the UK this century, according to data from Halifax, while the slowest increases have been in Newry in Northern Ireland.

The average house price in Newham has leapt by 429% since the start of the century, from 75,762 in 2000 to 400,574, a gain of 429%. The borough encompasses Stratford, home to the 2012 Olympics, and is peppered with new glass and steel residential towers, as well as some of the most deprived wards in the UK.