House price in half London boroughs exceed £ 500,000

House price in half London boroughs exceed £ 500,000

World February 4, 2016 16:56

- While house prices in Amsterdam already quite soar, home seekers in London have in many neighborhoods lay an average of more than half a million pounds to get a home, reports The Financial Times.

In most cities in England, the average price below £ 200,000, but London has the record with 156 postcode areas had a house on average more than £ 500. 000 costs.

Even in areas where there is high unemployment and few luxury homes available, such as the East End, prices shoot height.

The continued rise in house prices in London means that workers with average wages are less and less able to live in the British capital.

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