House prices in London have grown at almost two times the rate of the UK average since January.
In the first quarter, average house prices boomed to £362,699. This was an 18.2 percent increase in comparison to the first quarter of 2013, when the average price was £306,919
Halifax bank also issued its latest house price index last week. The figures showed that house prices have risen 8.4 per cent year-on-year in March.
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