Photo source: CityIQ http://www.cityiq.co.uk/

The need for new residential buildings is obvious in a big city like London. However, space for new homes can be an issue, even when the Government actually decides to give funds for development.

A recent report states that in London are 18 hotspots when it comes to counting residential developments.

In terms of values, the majority are localities where new build developments are priced at under £800 per square foot most are also outside zone 1.

These hotspots range from Southall in the West of London to Tottenham Hale in the North and West Ham in the East. They all have one thing in common: their future and raise of prices depends heavily on the infrastructure updates London already happening all across town.