London flat values up 11.8%

London flats

Prime London flat prices up 11.8% as professional and foreign buyers drive market revival

Research by London lettings and estate agent, Benham and Reeves, has revealed that while the prime market is still struggling when it comes to house price growth, a return to normality has helped rejuvenate the price being paid for flats, with the average price for a flat across the prime market climbing by 11.8% annually.

The analysis of London’s prime market looks at the average...