Buyers unable to afford capital’s more central areas trigger 22% jump in property values but prices slide in north Wales Newham in east London experienced the biggest rise in property values during 2015,according to Halifax, as buyers priced out of the heart of the capital looked for houses within commuting distance of the city.
Stamp duty changes maintain made it more expensive to buy houses at the top conclude of the market, and meaning Kensington and Chelsea was among the top 10 areas showing the weakest property growth last year,with prices up just 1%. Continue reading...
Source: theguardian.com