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Evening Standard
Evening Standard
Business
Ella Jessel and Jonathan Prynn

London house prices now a record £526,000 on average — but capital still lags behind rest of UK

Buoyant London house prices hit a new record high in May despite the impact of a rapid succession of interest rate rises.

The average cost of home in the capital was £526,183, up 8.2 per cent in a year and 0.2 per cent over the month.

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