PR Fire | Property >> London property prices almost 30% higher than March 2009
Prime Central London property prices have continued to increase in the last month according to London estate agents Knight Frank.
With strong demand coupled with a tight supply, London property has bucked the trend of the broader UK market where property prices have slid 1% in the year to January.
In the year to January 2011, London property prices have recorded a 10.3% increase in value, meaning the price of Central London property is now 26.9% higher than March 2009 and only 3.4% lower than the peak seen in March 2008.
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