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Evening Standard
Evening Standard
Business
Prudence Ivey

London house prices defy economic gloom but buyers show ‘increasing nervousness about taking on debt’

London Jason Tebb Bank of England Land Registry

London house prices rose 7.9 per cent in the year to April 2022, bringing the average value of a home to £529,800, the latest sold price data shows.

The capital was the region with the lowest rate of growth in the UK where house prices rose 12.4 per cent to £281,200, according to Land Registry figures.

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