Central London Prices up 1.9% Month-On-Month

The London property market experienced a year-on-year growth of 7.1% leading the way in terms of property value appreciation throughout England and Wales. Much of this growth is due to continued demand for residential units in Central and Prime Central London predominately by international investors. Amongst the most popular locations is the Royal Borough of Kensington and Chelsea which experienced a 1.6% growth in prices between August and September 2013. Similarly properties in the City of Westminster increased by 1.3% in the same month.