In some apparent good news for first-time buyers, one of the only items (along with sweet potatoes) whose price isn’t spiralling in the cost-of-living crisis is the one-bedroom flat.
In fact, recent Zoopla research uncovered a real terms fall of 24 per cent since 2016 for central London flats as the heart of the capital was knocked by stamp duty, Brexit, Covid and, as a final flourish, Kwasi Kwarteng’s mini Budget.