Article: AVERAGE LONDON HOUSE IS [pounds sterling]300,000; And prices set to rise by 5% next year.

Byline: MIRA BAR-HILLEL;JANE PADGHAM

THE AVERAGE cost of a London home has topped [pounds sterling]300,000 for the first time.

Prices are set to rise further, with two leading estate agents predicting increases of between three and seven per cent next year.

Property experts are confident that London has escaped the widely-feared crash.

Figures published by the Land Registry show prices rose 4.5 per cent last year - enough to push the average figure to [pounds sterling]300,329.

The biggest winners were in Haringey, Kensington&Chelsea and Camden, where prices rose by 10 per cent.

Brent also did well with a rise of nine ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!