New research from Savills reveals that a four-bedroom house in London now costs..." />
New research from Savills reveals that a four-bedroom house in London now costs almost £1m — an average of £990,000. The figures are based on the assumption that a London owner selling a three-bed home will have made £440,000 in equity over 10 years. "Even with equity, a leap from one London property size to another is enormous," says Sara Ransom, managing director of Stacks London Property Search. She explains that most areas of the capital suffer from a dearth of supply between a standard terrace and a much bigger house.
Source: The Sunday Times (16/12/2018)