A step up the ladder costs £320k in London

1st September 2017

New research shows that Londoners looking to make the step up from a two-bedroom flat to a three-bedroom house face paying an extra £320,000. A typical London flat with two bedrooms costs just over £500,000, while a typical three-bedroom house costs almost £820,000. In Westminster the gap is £1.85m, with the typical two-bed flat costing £1.15m while a three-bedroom house is £3m. In Newham, the average two-bed apartment costs £360,000, with a three-bed house costing 25% more, at £450,000.

Evening Standard (30/08/2017)