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Evening Standard
Evening Standard
Business
Charlotte Duck

London house prices climb despite interest rate hikes and cost-of-living crisis

London Rightmove Tim Bannister

The average asking price for a London home is now £682,499

(Picture: Shutterstock / ZGPhotography)

London house prices have risen 2.1 per cent in the last month, the biggest monthly increase of any UK region, according to new Rightmove research based on asking prices.

Annually, this means that the capital has seen a 6.9 per cent rise in the value of its homes to an average of £682,499.

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