article_snippet: Prices in London London have soared by 180 per cent in ten years, making properties there affordable to only the top 1 per cent of earners.
article_snippet: While prices in all of these areas have more than doubled in a decade, these areas are now rising fastest in the emerging areas – up 17 per cent last year.
article_snippet: And the most dramatic example was in Hammersmith and Fulham, where house prices rose by £143,232 more than house prices owners earned in the period.
article_snippet: Homes there went up by £199,930 - or 40 per cent - in 2013 and 2014, easily exceeding average take-home earnings in the area of £56,698.
article_snippet: House prices nationally rose by 9 per cent last year, according to Halifax - the biggest annual jump since 2007.
article_snippet: Greenwich saw the biggest surge in house prices among major UK towns and cities last year, with the typical value there rising by almost a quarter.
article_snippet: The research, based on house price data from Halifax, found that prices in Greenwich were up 24.6 per cent year-on-year to reach £328,044 in 2014.