London Property: The East-West Divide

by Bloomberg News

The London housing market is split down the middle. Values continue to fall in traditionally affluent western neighborhoods, according to Bloomberg's monthly analysis of U.K. Land Registry data. The central boroughs of Westminster, Kensington and Chelsea, and Hammersmith and Fulham are all on the slide. Most suburban boroughs are also seeing moderate price falls, with just Hillingdon in the far west and Merton in the south-west in positive territory. To the east the story is almost reversed: Values are still rising in most areas. Tower Hamlets, which includes the Canary Wharf financial district, is a notable exception. The overall effect? No change in the citywide median price.

London real estate at a glance, last updated :

Highest priced sale

Median home price

Change in price from last year

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