GREATER LONDON

According to the BBC News Channel Website, the aver-age detached property cost more than £820,000 in June 2013. With average house price rises of 4% across the city as a whole, and a continuing trend apparent, worries of another property bubble are emerging amongst estate agents and financial analysts. Kingston upon Thames, Hackney and Hounslow have all shown double-digit house-price growth during the last two years – a phenom-enon which is forcing ordinary property buyers to the fringes of the capital and the commuter belt.

property guide

Average rise of property prices of 4%

Average property price - £514,000[ONS - 2014]

Among the London property hotspots are Kensington and Chelsea, the City of Westminster and the City of London – which saw an astonishing 49% rise in average house prices be-tween 2012 and 2013.

House buyers looking for a bargain should look to the likes of Enfield, Barnet, Croydon and Hillingdon, where average prices actually fell during the same period. The cheapest places to live in London are currently Bexley, Newham and Barking and Dagenham.

Kingston upon Thames, Hackney and Hounslow all shown dou-ble-digit house-price growth