Forget the London bubble - house prices are rising MORE In Liverpool and Birmingham
With London prices now a staggering 85% above what they were in the lowest ebb of the credit crunch, it’s perhaps no surprise that growth in the capital has slowed, and been outstripped by a rise in regional property prices.
According to a survey by property analysts Hometrack, year on year growth in the capital was lower than Birmingham and Liverpool, and Bristol.
Experts say that growth in London has been affected by affordability - and that future growth will depend on low interest rates and steadily increasing incomes.
To compare property prices throughout the UK, see this article in the Sun.