The average price for a property in London in July 2021 was £494,673, according to the latest index by the Office for National Statistics (ONS).
According to the ONS data, London’s average house prices remain the most expensive of any region in the UK.
London housing market report: September 2021 stated that private rents are rising strongly while prices appear to be stabilising. Both rent and price growth are stronger in other regions than in London.
Knight Frank reported that Prime Central London was rapidly “becoming a landlord’s market” in late summer as demand rose strongly while supply remained restricted.
London, with an overall average price of £671,580 was more expensive than nearby South East (£461,436), East of England (£389,425) and East Midlands (£250,094) in 2021.
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London & Commuter Belt | Facts & Figures
UK's Fastest Growing Economy
The average income in London Households
Average Individuals household income in London
Average house price in London
30 - 50% Cheaper
Property prices across the Commuter Belt of London are around 30 - 50% cheaper than the City.
16 - 45 Mins
Journey time into Central London from Commutable locations
The cost of the crossrail which will increase property prices by up to 60%
Development of the Month: Deptford
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8 minutes walk to New Cross Station
10 minutes walk to Deptford Station
6 minute train journey to London Bridge
23 minute train journey to Kings Cross
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