London 'sees strongest house price growth'

London 'sees strongest house price growth'property prices in London demonstrated the strongest levels of growth in the whole on the UK during the final financial quarter of last year, new research has found.

According to Nationwide, southern regions of the UK continued to demonstrate increased growth over northern parts of the country.

And the area revealed to be the most expensive when it came to buying property was London, with the city also the region with the strongest annual price change.

Commenting on the news, Martin Gahbauer, Nationwide's chief economist, said: "Greater London was the best performing region in the quarter; prices rose by a seasonally adjusted 3.4 per cent. This increase pushed the annual rate of change up from minus 1.9 per cent to 7.0 per cent, making London the best performing region over 2009."

Such news may prompt Britons to consider flats to rent in Notting Hill, or another part of the capital, as this could be more affordable than buying.

The Land Registry recently revealed house prices continued to grow during November 2009.

Written by Andy Britten

Published 4th January, 2010

© 2010 Estates IT Limited

Latest London Property News Headlines

St John's Wood brings the village atmosphere to the capital

St John's Wood brings the village atmosphere to the capital

St John’s Wood is a great location for people looking to capitalise on all the benefits of London living without being caught up in all the hustle and bustle. 

Read Article ... Published on 26th May, 2015

Yeading: Enjoy peaceful city living in an up-and-coming area

Yeading: Enjoy peaceful city living in an up-and-coming area

Yeading is a laid-back and peaceful residential area situated north-east of Hayes and is one of the most up-and-coming areas of the capital.

Read Article ... Published on 26th May, 2015

Hanwell: A green, peaceful environment for Londoners

Hanwell: A green, peaceful environment for Londoners

Hanwell is a small town located in the Borough of Ealing and is in between Ealing and Southall, providing excellent transport links to the rest of the capital.

Read Article ... Published on 26th May, 2015

Mitcham Carnival announced for June

Mitcham Carnival announced for June

Mitcham Carnival has been announced for Saturday June 13th at Three Kings Piece.

Read Article ... Published on 22nd May, 2015

Hammersmith and Fulham Council start Park consultation

Hammersmith and Fulham Council start Park consultation

Hammersmith and Fulham Council have launched a new consultation on Hammersmith Park, inviting local residents to have their say on the area and how it can be improved.

Read Article ... Published on 22nd May, 2015

New conservation areas planned around Waltham Forest

New conservation areas planned around Waltham Forest

Waltham Forest has announced plans for two new conservation areas near Lloyd Park and Bakers Arms town centre. 

Read Article ... Published on 20th May, 2015

Sutton Council announces Take Part Take Pride summer festival

Sutton Council announces Take Part Take Pride summer festival

Sutton Council has announced its Take Part Take Pride summer festival.

Read Article ... Published on 20th May, 2015

Brent Council teams with Brent Housing Partnership in new project

Brent Council teams with Brent Housing Partnership in new project

Brent Council has partnered with the Brent Housing Partnership as it aims to improve the standard of housing for local people.

Read Article ... Published on 19th May, 2015

Gardeners prepare for Islington In Bloom

Gardeners prepare for Islington In Bloom

Islington Council is preparing for this year’s “In Bloom” event by teaming up with local gardeners to identify the best greenery available in the area.

Read Article ... Published on 15th May, 2015

New fitness centre set to open in Manor Park

New fitness centre set to open in Manor Park

A new fitness centre is expected to be opened in Manor Park by Newham Council. 

Read Article ... Published on 15th May, 2015

Over the course of the final quarter of 2009, the capital witnessed the strongest UK growth in house prices, which may prompt Britons to consider flats to rent in London, rather than taking on a mortgage.

London 'sees strongest house price growth'

Do you want a Short Let?

Do you want a Commercial Let?



Like this?
Share this
Follow Net-Lettings
Facebook Net-Lettings.co.uk Twitter Net-Lettings.co.uk RSS Feed
Follow Estates IT
Facebook Estates IT Twitter Estates IT RSS Feed

Estates IT offering Estate Agents Software. Lettings Agent Software, Rental Software, Property Management Software.
Net-Lettings.co.uk

Net-Lettings.co.uk was one of the first property and agent directory websites on the internet launched in 1996. We still believe in simplicity today. Use this London Lettings Directory for all your rental property needs whether a Tenant or Landlord.

Subscribe to RSS feed, or bookmark us so you do not miss any London News Articles we publish.

London Areas

London is a diverse community of people. There are many areas to choose from we have around 245 that appear on the map and approximately 338 total London areas. Here are just a few of the latest hot areas.

Letting Agents Docklands
Letting Agents Camden
Letting Agents Notting Hill
Letting Agents St John's Wood

Advertising & Sales

This site offers Letting Agents low cost effective advertising of their web site. We are not a Letting Agency but connect you directly Lettings Agents in your required area. Letting Agents see below options available with Net-Lettings. You can contact or follow us below.

Advertise on this site ...
Register with us ...
Need Letting Agent Software?