Annual YoY house prices in London grew by 1.8%, compared with 3% in 2017, according to the October edition of Your Move's House Price Index. The average price for a home sold last year was £245,500, up from £216,500 in 2016. Your Move's report also noted the average house price in London increased by £10,889 ($14,117) in the past 12 months to £620,571.
Annual YoY house prices in London grew by 1.8%, compared with 3% in 2017, according to the October edition of Your Move's House Price Index. It revealed prices in Westminster fell by 14.5%, while Kensington and Chelsea slipped by 0.8%, but prices rose in the cheapest boroughs of Barking and Dagenham and Bexley by 0.9% and 1.1% respectively. Your Move's report also noted the average house price in London increased by £10,889 ($14,117) in the past 12 months to £620,571.