London house prices to rise by a quarter in five year


House prices in London will see prices rise by almost a quarter in the next five years, according to an estate agency today.

Borough by borough annual price growth increase

Latest figures from the land registry show the annual growth in each borough in 2012 Credit: Savill’s

Borough by borough, the rate of growth from January 2012- January 2013 differs:

Hackney – 20.4%

Waltham Forest – 18.3%

Wandsworth – 17.6%

Lambeth – 16.4%

Hammersmith & Fulham – 15.2%

Lewisham – 14.6%

Islington – 13.8%

Haringey – 13.3%

Southwark – 13.2%

Westminster – 13.1%

Kensington and Chelsea – 11.1%

Barking and Dagenham – 10.9%

Tower Hamlets – 10.7%

Merton – 10.6%

Greenwich – 10.1%

Bromley – 9.3%

Richmond – 9.0%

Ealing – 8.3%

Hounslow – 8.3%

Enfield – 8.1%

Barnet – 7.9%

Kingston – 7.7%

Bexley – 7.7%

Croydon – 7.6%

Brent – 7.6%

Redbridge – 7.6%

Hillingdon – 7.5%

Sutton – 6.9%

 

Source: http://www.itv.com/news/london/story/2014-02-28/london-house-prices-to-rise-by-a-quarter-in-five-years/

Havering – 6.3%

Harrow – 3.9%

Newham – 3.6%

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