Housing crisis means London property prices will continue to grow
Despite having dipped during the tumultuous summer of 2016, London house prices are once again on the up. Overall, prices in the capital have gone up by 7.5% annually - just falling short of the national average of 7.7%. And while prime central London values are thought to be stagnating, the outer London boroughs are still experiencing growth in double digits.
Experts claim that the low interest rates combined with the shortage of housing stock will see house prices in the capital continue to climb.
For more information on the annual increases in London and throughout the UK, read the article in Wharf.co.uk.