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Average London house GBP½mln by end of decade

Posted on 11 February 2013

The price of an average London home will rise to at least £500,000 by the end of the decade – an increase of more than 30 per cent on today’s £383,000 average – according to research.
The Centre for Economics and Business Research says that while London house prices will rise less slowly in 2013 than they did in 2012 they will start to take off again towards the end of the decade as the capital’s economy begins to pick up strongly………………………………………..Full Article: Source


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