A typical London home sells for £485,000, according to the Office for National Statistics, with prices up 18.7 per cent in the 12 months to April. Photo: Bloomberg A typical London home sells for £485,000, according to the Office for National Statistics, with prices up 18.7 per cent in the 12 months to April. Photo: Bloomberg
A typical London home sells for £485,000, according to the Office for National Statistics, with prices up 18.7 per cent in the 12 months to April. Photo: Bloomberg
Property /  International

Foreign demand fuels London surge

London prices continue to defy the prophets of doom, writes Susie Watkins Polakova

SUSIE WATKINS POLAKOVA

Updated: 3:50am, 3 Sep, 2014

Why you can trust SCMP
A typical London home sells for £485,000, according to the Office for National Statistics, with prices up 18.7 per cent in the 12 months to April. Photo: Bloomberg A typical London home sells for £485,000, according to the Office for National Statistics, with prices up 18.7 per cent in the 12 months to April. Photo: Bloomberg
A typical London home sells for £485,000, according to the Office for National Statistics, with prices up 18.7 per cent in the 12 months to April. Photo: Bloomberg
READ FULL ARTICLE