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AVERAGE HOUSE PRICE IN LONDON HAS GONE UP [pounds sterling]18,000 IN A YEAR.
- Article from:
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The Evening Standard (London, England)
- Article date:
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May 9, 2006
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Copyright informationCOPYRIGHT 2006 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 price of a London property has increased by more than [pounds sterling]18,000 in the last year, new figures show.
During the first months of this year the typical property fetched more than [pounds sterling]306,000, up six per cent on the [pounds sterling]288,000 value in the same period last year.
The highest-priced homes in Kensington and Chelsea rose by more than 12 per cent, meaning the average property there now costs more than [pounds sterling]827,000.
Other boroughs where prices rose include Camden, Westminster, Hammersmith & Fulham, Hounslow, Lambeth and Sutton, where prices increased by at least 10 per cent year on ...
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