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Evening Standard
Evening Standard
Business
Greg Pitcher

One in five London homes sells for £1m-plus as prime property outperforms slumping market

More than one in five London homes now sells for £1 million or more, research has revealed.

Analysis of Land Registry figures by estate agent Benham and Reeves showed that buyers shelled out seven-figure sums for 21 per cent of the residential properties that changed hands in the capital in the first eight months of this year.

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