London house prices leap by 25% in rise unequalled since 1987, new data shows

Average price in capital breaks through £400,000 – double UK average – reports Nationwide

In Lambeth, the south London borough that includes Vauxhall, Brixton and parts of Clapham, prices were 37% higher in the second quarter of 2014 than a year previously, while in Camden in north London they were up by 36%.

The lowest growth rate in the capital was in Barking & Dagenham, where prices increase by 15% year-on-year.

Source: www.theguardian.com

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