London property sales down 10%

12th February 2016

An analysis of Land Registry data reveals that the number of homes sold in London in 2015 fell almost 10%, to 103,772 – the first time they have fallen in four years. Property investment firm London Central Portfolio found that prices increased 4.5%, with the average price hitting £556,039, breaking through the half-million barrier for the first time. By way of comparison, the number of sales across the UK fell 3.4% to 739,128, with an average price of £237,921.

City AM (09/02/2016)