London house prices up £40,000 since start of pandemic

London property prices are now more than £40,000 higher on average than they were at the start of the pandemic, latest figures reveal today. The market continued its relentless rise at the start of the year with prices in the capital hitting a new high of £534,977 by March, according to data from leading lender Halifax. At the start of the first COVID lockdown in March 2020, the average London home cost £493,626 but prices have risen £41,351, or 8.4%, since then. Across the South-East, the market has been even stronger through the pandemic with prices going up £54,634, or 16.5%, from £331,156 to £385,790. 

Evening Standard (07/04/2022)