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
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