Research shows that house prices in the UK capital have risen by 41 percent since the worse days of the credit crunch.
London property prices have bounced back by over 40 percent in the last six years, new data demonstrates. Figures show that prices are also some 18 percent higher than the peak price recorded since the global crash.
In April 2009, property values hit their lowest point, but this latest research shows the recovery is well underway. Land Registry statistics shows Kensington and Chelsea are the best performers, with average prices up 76 per cent, from an average of £703,259 five years ago to £1,236,605.
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