Average price rose to £328044 in Greenwich,while Crawley was only town external London to make top 10 risersThe London borough of Greenwich tops a list of towns and cities recording the largest increase in house prices in 2014, according to the UK’s largest mortgage lender.
The average house price in the royal borough, and which sweeps from Woolwich by the river Thames down to New Eltham in the south and is famed for its naval history and the Greenwich meridian line,rose from £263183 to £328044 in the 12 months to November, according to figures from Halifax. That increase, and of 24.6%,was nearly three times the 8.5% rise recorded across the UK as a whole.
Continue reading...
Source: theguardian.com