I live in a new build in the area, and i'm rather satisfied with it, well specified, reasonable high ceilings (which are a common problem with new builts). It has risen in value, but I am conscious that new builts have got less character and upside potential than victorian properties for example. Among the plus points new built properties are relatively low maintenance and do not need to have roof, pipes, etc done in the first few years...and can avoid you the pain of being in a chain (I completed and exchanged in less than 20 days) These new blocks in ED, even if well specified, are not very well located for the buyers that were targeted. are property prices crashing in dulwich : check that website www.propertysnake.co.uk, on the whole it more looks as if those properties which have trouble selling have been overvalued in the first place.