Average London house price reaches £485,000
The latest figures were published today from the Office for National Statistics.
- Simon Harris: Political Correspondent
Has the average London house price topped £500,000?
- New figures suggest the average house in price in London has already topped half a million pounds
- The latest house price survey from the Office of National Statistics put the average price in April at £485,000
- The survey revealed an increase of £26,000 on March
- If that pace of rising prices continues, figures for May are likely to show an average price in excess of £500,000
-
Dismay and delight over London's latest house price rise
New figures which explode the myth of a slowdown in London's housing market are likely to be met with dismay and delight in equal measure.
-
House prices in London reach a new record high
The average price of a home in London hit £485,000, according to the latest figures from the Office of National Statistics.