A GAME OF TWO HALVES IN THE CAPITAL

“The last 12 months have been a game of two halves in the capital, with average asking prices in outer London holding steady while central London flounders.  The best performing locations are Bexley, where asking prices are up 2.8 per cent year on year, and Bromley, up 2.1 per cent according to Rightmove’s house price index.  However Rightmove found that asking prices in more unaffordable inner London are down 2.5 per cent year on year.  The biggest losers are Lambeth, where prices are down 6.8 per cent, Hackney, down 4.9 per cent, and Tower Hamlets, down 3.9 per cent”.

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