Will.
28-10-2015, 05:09 PM
Average property price tag in the capital is now £499,997
House values fell in North East and are now five times lower than London
Overall, average home now costs £186,553 across England and Wales
September property prices in England and Wales were up 5.3 per cent compared to a year ago - largely led by a revival in 'up and coming' pockets of London, official figures show today.
http://i.dailymail.co.uk/i/pix/2015/10/28/10/19962F52000005DC-3293224-Olympic_regeneration_The_average_price_tag_of_a_Lo ndon_property_-a-24_1446029572030.jpg
The Land Registry, which records actual sale prices, said that In the capital values rose 9.6 per cent compared to September 2014, meaning the average property now has a price tag just £3 short of £500,000.
Although house values have continued to go up across London, the rate of growth has been slowing since a peak last summer. At one point, prices were soaring by an annual 20 per cent.
Read more: http://www.thisismoney.co.uk/money/mortgageshome/article-3293224/House-prices-5-3-year-London-market-reignites-average-property-costing-500k.html#ixzz3pspjidnv
House values fell in North East and are now five times lower than London
Overall, average home now costs £186,553 across England and Wales
September property prices in England and Wales were up 5.3 per cent compared to a year ago - largely led by a revival in 'up and coming' pockets of London, official figures show today.
http://i.dailymail.co.uk/i/pix/2015/10/28/10/19962F52000005DC-3293224-Olympic_regeneration_The_average_price_tag_of_a_Lo ndon_property_-a-24_1446029572030.jpg
The Land Registry, which records actual sale prices, said that In the capital values rose 9.6 per cent compared to September 2014, meaning the average property now has a price tag just £3 short of £500,000.
Although house values have continued to go up across London, the rate of growth has been slowing since a peak last summer. At one point, prices were soaring by an annual 20 per cent.
Read more: http://www.thisismoney.co.uk/money/mortgageshome/article-3293224/House-prices-5-3-year-London-market-reignites-average-property-costing-500k.html#ixzz3pspjidnv