Property prices in London
Property prices in prime central London weathered financial uncertainty well in August, according to the latest research.
The monthly rate of growth fell from 3.9% in July to 2.1% in August, but the annual growth rate rose to 37.9 from 36.4% the previous month, indicating that the state of the financial markets only had limited impact on Prime Central London, the research found.
Areas where growth has been most notable have been in Kensington and Chelsea, the very centre and to the west: The highest growth Knight Frank recorded took place in postcode SW10, with high growth levels also taking place in W1 and W14.
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