21.06.2012 - CBRE: Prime central London house prices will grow by 6pct in 2012
Prime central London residential house prices will grow by 6% this year in stark contrast to the rest of the UK, new research from CBRE has revealed. Average house prices in prime central London have increased by 35% over the last three years and are now 16% above their 2007 peak. London can only be matched by Monaco and Hong Kong in terms of new build property prices with prime homes typically achieving between £1,500 and £2,500 (US $2,000 – US $3,800) per ft² and exclusive super prime properties selling for in excess of £3,000 ($5,000) per ft²...............................................Full Article: Source
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