London locations join £5k per sq m club

4th August 2017

Research from Halifax shows that five London locations have seen the price of property per sq m go beyond the £5,000 mark for the first time. Barnet, Kingston upon Thames, Lewisham, Waltham Forest and Harrow have joined 15 boroughs where average values already exceeded the figure. The report shows that over the last two decades, nine out of ten areas where the per sq m value has accelerated the fastest are in the capital, with prices in Newham, Southwark and Lewisham and Waltham Forest up by more than 600%. Kensington and Chelsea has the highest price per sq m of any place in Britain at £11,192, making it the only part of the country where the average is above £10,000.

City AM (31/07/2017)