Location, location, location: The areas where house price boom never stopped | Mail Online

Location, location, location: The areas where house price boom never stopped | Mail Online

Home buyers who followed the old adage ‘location, location, location’ have built up a six-figure nest egg over the past 13 years.
Ten areas which were the biggest beneficiaries of the long construction and consumer boom saw house prices leap by 219 per cent to an average £214,162.
That is around one third more than the £165,430 average in the ten areas which had the lowest increase in economic activity.
The figures relate to 1998-2008 when the country was under a Labour government and a chancellor, Gordon Brown, who claimed to have abolished boom and bust.