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Evening Standard
Evening Standard
World
Jonathan Prynn

London’s average house prices surge by £55,000 over pandemic

Stock image of for sale signs

(Picture: PA Wire)

London property prices are rising at their fastest rate for more than five years as buyers flood back into the market, according to official figures on Wednesday.

Land Registry data showed that the average cost of a home in the capital surged 8.1 per cent in February to a new record high of £529,882.

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