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The average London property price is rising by £127 a day, equivalent to an extra £890 a week, according to new research from property website Zoopla.co.uk.

Prices in the capital leapt £46,398 in the last year, taking the average house price to £510,457.

This is 10% higher than one year ago, when the average London property cost £464,059.

Across the UK, the average home is now worth £244,829, after rising by an average of £28.30 per day in 2013.

That means it now costs £10,329 more than at the start of 2013, a rise of 4.4%.

A combination of low interest rates and Help to Buy has boosted demand across the UK and driven prices on the lower rungs of the property ladder, Zoopla.co.uk said.

In England, semi-detached houses saw the biggest increase in value, up 6.42%, or £13,054, during 2013.

Scotland saw a 6.8% increase in house prices during 2013, second only to London.

Yorkshire and The Humber was the only region where average property values fell in 2013, with a small drop of 0.37%.

Lawrence Hall of Zoopla.co.uk said: "This year saw a host of new government initiatives that are now helping the property market to gain stability and set the foundations for a sustainable recovery.

"As a result, 2013 has witnessed property price growth across most of the country and particularly at the entry level of the market.

"With confidence in the market increasing, 2014 could see further price growth as transaction levels pick up, construction continues and more property comes to the market.”

Newcastle, London, Cambridge, Barnsley and Cardiff were the top five performing towns and cities.

Rotherham, Bolton, Colchester, Wolverhampton and Walsall fared worst.

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