London house prices still marching upward

Chris Papadopoullos
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LONDON house prices are 0.9 per cent higher this month than in December.

The price of a residential property in Greater London increased by £5,314 on the month, figures released today by online market Rightmove reveal.

There was a large disparity between the monthly price change in outer London – where prices dipped 0.5 per cent or £2,245 – and inner London – where prices jumped 2.3 per cent or £17,287.

However, annual gains are very similar with a 12.6 per cent rise in inner London and 12.9 per cent climb in outer London.

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