House prices in London have increased by 14.9 per cent in the last year according to research out today from Halifax.
This is the largest increase of all the English regions, and 3.8 percentage points above the UK average of 11.1 per cent.
Over the last three months house prices in the region are up 2.2 per cent.
The survey finds the average house price in London is £297,132. This is £104,818 above the national average of £192,314
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