The other statistic I thought I would look at is whether Forest Hill is good value for money. Many people complain that house prices are too high in Forest Hill, but this has to be compared to the wider area.

SE London is cheaper that NW or SW London, but here are some other SE postcodes ranked by order of average prices based only on May 2013.

SE21 £793k
SE11 £688k
SE24 £568k
SE1 £498k
SE22 £450k
SE10 £437k
SE5 £425k
SE3 £424k
SE16 £408k
SE15 £328k
SE12 £322k
SE14 £320k
SE23 £314k
SE4 £303k
SE27 £298k
SE26 £291k
SE19 £290k
SE13 £276k
SE8 £272k
SE17 £270k
SE6 £250k
SE20 £246k

Using SE23 as our base, East Dulwich has an average price 43% higher, but prices in Peckham, Lee, New Cross, Herne Hill are all higher. However Forest Hill is more expensive that Sydenham, Norwood, Lewisham, Deptford, Crystal Palace, Catford, Penge and Anerley.

If people are looking for a cheaper place than Forest Hill there are plenty of options within 10 minutes of Forest Hill town centre by public transport. But for Forest Hill to be cheaper than Peckham or Lee does suggest that it is still good value.