30th December 2016
Barking and Dagenham, Bexley, Newham and Havering remain the only London boroughs where the average home still sells for less than £400,000, according to Rightmove’s latest House Price Index. The data shows priced-out buyers are widening their net, leading to rising prices on the outer edges of the capital, while drops in asking prices continue to impact the prime London market. Camden in the north suffered the biggest annual fall of almost 18%. Havering enjoyed the biggest annual increase of over £40,000.
Evening Standard