Just 36 per cent of all London wards have an average house price below £500,000
(Picture: (Yui Mok/PA))House prices have now hit at least £500,000 in two-thirds of London areas, according to new research from Savills.
In 2019, nearly half of all wards in the capital had an average house price of less than half a million pounds. But by 2021, this figure had shrunk by 12 per cent to just 36 per cent, making London even less affordable for those with smaller budgets.
