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The London Property Boom

THE LONDON PROPERTY POOM! Think you know all there is to know about London property? Think again... £238 BILLION The total value of homes sold in London since 2007. Despite covering just 1% of the land space of England and Wales, London has generated 24% of the total value of property sales. London's % of land space London's % of total property spend England & Wales' land space (excl. London) Property spend for England & Wales (excl. London) £151 million - the total spend on homes per km² in London This is 14x more than any other region in England and Wales - LEAST MOST > EXPENSIVE EXPENSIVE NORTH EAST £2.8 million per km2 NORTH WEST £5.4 million per km² YORKSHIRE & THE HUMBER £3.9 million per km² EAST MIDLANDS £3.5 million per km? WEST MIDLANDS £4.8 million per km2 EAST OF ENGLAND £6 million per km² WALES £1.4 million per km? LONDON £151 million per km? SOUTH WEST £4.4 million per km2 SOUTH EAST £10.7 million per km? £19,983,000 The average property price on The Boltons, Kensington is 33x more than a house on Bolton's priciest street. IN KENSINGTON & CHELSEA THE BOLTONS, KENSINGTON IN BEXLEY BOLTON, LANCASHIRE THERE'S A LOT IN A NAME... YELLOW WHITE YELLOW MANOR WHITE HOUSE 00 HOUSES WITH YELLOW IN THEIR NAME SELL FOR 36% LESS THAN HOUSES WITH "WHITE" IN THEIR NAME SELL FOR 36% MORE THAN ANY OTHER COLOUR ANY OTHER COLOUR 1 HOME SALE ON CHRISTMAS DAY This was in 2012 and was a flat SOLD in Lewisham costing £250,000 *All stats refer to Land Registry data from 2007 to 2014. Infographic by Potrell Property Buyers: www.potrellpropertybuyers.co.uk POTRELL UK

The London Property Boom

shared by lauraatom on Dec 30
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Everyone knows that London property prices are sky high, but do you know how many billions of pounds worth of property has been sold in the capital over the past few years? And can you guess how many ...

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Economy
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