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Wednesday, July 16, 2014

London property twice the price of UK

The average London property now costs more than twice that of the UK average according to the latest Office for National Statistics (ONS) data. A London property is a record 2.2 times that of an average UK home.

It reports a London boom saw prices up by 20.1 in the 12 months to May was nearly three times the rest of the UK's growth rate of 7.3percent.

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