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Evening Standard
Evening Standard
Business
Cat Olley

London’s cheapest homes: flats for sale for less than £250,000 in every London borough

The average London home now costs £526,000, but it’s a figure that doesn’t paint a full picture of the market. In every corner of the capital, there are homes asking for less than half that price.

Though these studio flats and one beds tend to be short on square footage, they are often many times cheaper than the mean — we found one property in the City of Westminster with an asking price a sixth of the price of the average home in the borough.

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