|Based on data recorded by Halifax, Greenwich in South East London has experienced the biggest rise in house prices among UK towns and cities in the last 12 months, with the average increase being 25% year on year to reach an average of £328,044 in 2014.|
Ealing, in West London, experienced the second biggest rise in average house prices with an increase of 24.5%. Nine of the ten areas with the strongest price growth in the past year are in London; these include Tower Hamlets (22.0%), Kingston upon Thames (21.4%) and Sutton in south London (20.7%). Crawley in Sussex (22.4% – the third largest rise) is the only town outside London making the top ten.
Credit to Lloyd Banking Group