London prices 40% above credit crunch slump

11th April 2014

New figures from the Land Registry have revealed that property prices in London have bounced back by more than 40% from the worst days of the credit crunch.

The statistics show that across London, prices have risen 41% on average, from £292,977 at the 2009 nadir to £414,356 now. Kensington and Chelsea is the best performer, with average prices up 76%, from an average £703,259 five years ago to £1,236,605 today.

Source:   Evening Standard (09/04/14)