Asking house prices rise for the sixth record in a row to £369,968 as demand to buy continues although at a slowing rate.
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Category Archives: London House Prices
House prices in London are up only a third compared to other areas and you can find cheaper homes for commuting to the capital.
London house prices have increased the most over the last 10 years with a significant rise in equity for homeowners.
The average value of detached homes has increased at twice the rate of smaller properties to £425,000 with a surge in buyer demand.
Towns with the highest house price growth in 2021 have seen values rise as much as 21.8%, three times higher than the national average.
You need to pay almost £29 million to live on the UK’s most expensive street and all the top ten are located in London.
Winchester replaces Oxford as the least affordable city to live and work with the highest average property prices now 14 times annual earnings.
New properties on the market hit record asking prices up 2.1% this month as demand drives sales to the fastest ever pace.
Research from Halifax reveals the UK house price growth winners in 2020 is Islington in London with values 13.4% up last year.
There are 50% more sales of properties in the pipeline with house prices at a two-and-a-half-year high helped by the stamp duty holiday.