Cheapest house categories dying out in London

21st October 2016

Buying even the smallest London home for £120,000 or less will be impossible by the end of the year as prices continue to rise. Only a handful of studios on the eastern and southern fringes of the capital are still on the market at that price, 3.3 times workers’ average pay of £36,258. The sub-£150,000 band is expected to disappear from the market by 2020.

Evening Standard (17/10/2016)