London's wealth divide revealed

Official figures have highlighted London's gaping wealth divide, with the average price of a semi-detached house in Kensington reaching nearly £11m for the first time last year, 24 times as high as the average cost of a semi in Barking, and in Dagenham and Rainham. According to the Office for National Statistics, in 25 London constituencies, the mean price of an existing semi was above £1m, with the highest in Kensington at £10,893,289 in 2022. In Chelsea and Fulham the figure was £5,366,731, Westminster North £5,133,980, Holborn and St Pancras £3,234,360 and Hampstead and Kilburn £2,882,460. In comparison, the average cost of a semi in Dagenham and Rainham was £446,988, Barking £447,000, Erith and Thamesmead £460,257, East Ham £464,545, Bexleyheath and Crayford £484,695, and Hayes and Harlington £490,214. 

Evening Standard (18/07/2023)