Wednesday, 25 June 2014

House Prices Rise By 31% since Last General Election

Under the Conservative-led coalition, average house prices in the capital have risen by a staggering £103,323, on average, from £331,711 in 2010, to £435,034 this year. This means purchasing a property in London four years ago is the equivalent of having a second income of £25,830. New research from comparison site Gocompare.com has highlighted the disproportionate growth in the London housing market when compared to the rest of the UK since the last general election in May 2010. However, the figures show that the story isn't the same across the entire country, as only five of the nine regions of England and Wales enjoyed any rise whatsoever over the four year period. Read more on the Housing Excellence website.

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