The total value of London’s homes has risen to more than £1.8 trillion over the past year although the capital’s housing stock saw much smaller increases in worth than the rest of the country.
London’s 3.73 million houses, flats, studios and mansions were worth £1.282 trillion at the end of last year, almost as much as the annual GDP of an economy the size of Italy, according to estimates from agency Savills.
