House prices down 20 per cent - but London defies the trend | Mail Online

House prices down 20 per cent - but London defies the trend | Mail Online

House prices in London have rocketed to a record high – but in the rest of the country they have plunged by up to 20 per cent since the credit crunch began.
The biggest risers are in Kensington and Chelsea, where the average property costs a record £1.089million.
In the past year, the price of a home in the London borough has jumped by an average of £150,000, or £12,600 every month, according to the Land Registry.