In line with latest Government’s guidelines on home moving, the housing market will remain open during the national lockdown which starts on the 5th November 2020, and all our offices will continue to operate. Health and safety remains our main priority, and we continue to follow a number of strict measures to protect our customers and staff. More information

50% of London Properties over £500,000

50% of London Properties over £500,000
The average cost of a home has broken the £500,000 mark in more than half of London postcodes. London_free_parliament_city Data from the Land Registry* shows that, of 32 specified London regions, 20 of them had an average house price of over £500,000. According to the Land Registry, average London property now costs £564,000. Meanwhile, property outside London had an average price of less than £500,000 in 99.4pc of postcode districts around the country. The news will trouble those who are looking to buy in London as part of the Help to Buy London scheme: The Land Registry has also released figures claiming that prices have moved past £300,000 in all boroughs, and are increasing fastest in the least expensive areas. See a list of the London regions on this pdf file. Please contact your local Ellis & Co office today for more information about the London property market. *Data accurate for December 2015