A study published by the Centre for Economics and Business Research (Cebr) assesses the fundamental features of London's newest postcode, in effect London's first Olympic legacy neighbourhood, to compare it to the capital's other key residential areas.
The Cebr's London Residential Fundamentals Index concludes that the combination of transport links, quality of life, local services, and access to employment opportunities in E20 rivals such well established and desirable north and west London districts as Highbury and Hammersmith.
At the heart of the area is the East Village development. When it is ready for occupancy next year, it will provide more than 2,800 high quality homes. Almost half are designated affordable homes, while the remainder will be available for private rent, giving the choice of buying or renting to people with a range of incomes.
East Village has been described as ready to be one of London's best connected residential areas, with train journeys to St Pancras taking six minutes, to the City 10 minutes, Canary Wharf 12 minutes, and the West End 20 minutes.
It is claimed that this super fast connectivity will support employment in the area, along with the proximity of Westfield Stratford City and the International Quarter, a new commercial hub within the E20 postcode itself.
The liveability factors in E20 which Cebr took into account included access to vast areas of outdoor space. Each property in East Village will have access to private balconies and communal courtyards, as well as being surrounded by public gardens, an orchard and wetland area.
There are also world class sporting facilities, highly rated education at the new Cobham Academy, part of the renowned Harris Federation, and state of the art medical facilities. The community will be further supported by around 30 neighbourhood cafes, restaurants and shops.
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