Housing market

Most recent

The MP who can't afford to buy

New Labour MP Laura Pidcock tells Helen Lewis of her struggle to find somewhere to live.

New Labour MP Laura Pidcock tells Week in Westminster's Helen Lewis of her struggle to find somewhere to live.

London house price growth figures highlighted

Houses
Reuters

House price growth in London has accelerated for the first time in nearly a year, according to an official index.

London property values increased by 4.7% in the 12 months to April, taking the average price to £482,779, data released jointly by the Office for National Statistics (ONS), the Land Registry and other bodies showed.

The annual growth rate was 1.5 percentage points higher than in the year to March 2017.

The report said: "This is the first time in 11 months that the rate of price growth in London has increased."