New house-price hotspots

Central London houses continue to draw premium prices, which in turn has created property hotspots in the southeast. Natalie Stanton reports.

House-price growth in the southeast of England looks set to outpace London, as high prices push households out of the capital. London prices are expected to grow by 5.8% this year, compared to 8.4% in the southeast, according to the Centre for Economics & Business Research.

Central London houses continue to draw premium prices, which fall significantly the farther you go into the commuter belt. One study by estate agency Savills suggests that house prices fall by £3,000 for every minute spent on a train heading out of the capital. The average property price in inner London is £606,000, compared to £458,000 for houses within half an hour's train ride.

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Natalie joined MoneyWeek in March 2015. Prior to that she worked as a reporter for The Lawyer, and a researcher/writer for legal careers publication the Chambers Student Guide. 

She has an undergraduate degree in Politics with Media from the University of East Anglia, and a Master’s degree in International Conflict Studies from King’s College, London.