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Article: Average price of a home in the capital hits [pounds sterling]300k.
- Article from:
- The Evening Standard (London, England)
- Article date:
- November 8, 2005
CopyrightCOPYRIGHT 2005 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: MIRA BAR-HILLEL
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 enjoyed a rise of nine per cent while in ...