Forest Hill was a relatively unknown part of London until it became a destination on the tube map. This meant that for many years, whilst similar properties all over many better-known parts of London had seen their value increase, our undiscovered stock remained under-valued. What has apparently happened over the past year is that the town has been noticed and new demand for property has been created by potential buyers who dropped-by and have liked what they see. This merely brought FH house prices up, albeit very rapidly, to where they they probably should have been anyway and with the wider London property market going bananas right now it's easy to think that our properties have reached artificially high prices. If you look at other nearby towns you may consider that our property is still quite reasonably priced.

In my book the above quote could've been put another way -
house in FH took 7 years to go from 450k to 650k!