As London Prepares for Royal Wedding, Home Prices Increase 194% Over UK Average - World Property Channel Global News Center
As London readies for the Royal Wedding of Prince William and Kate Middleton, London's property values are rising.
According to the Chesterton Humberts/cebr March 2011 House Price Poll of Polls, London house prices are nearly double the UK average price.
The report shows that house prices of the top 20% and the bottom 20% continue to diverge, while the fifth most expensive areas increased 3.4% over the year, whilst the cheapest fifth declined by -5.1%.
To put this in context, house prices in London are nearly twice (1.94 times) the average of that for England and Wales, the March PoP demonstrates. This is biggest difference recorded since 2002
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