London house prices 'up by 11%'

Updated
File photo dated 22/01/2014 of a general view of residential houses and flats, as confidence in the housing market is growing, assisted by Government-backed initiatives such as Help to Buy, according to newly published research. PRESS ASSOCIATION Photo. Issue date: Monday January 27, 2014. The scheme is particularly popular with young people, the study found. See PA story ECONOMY Housing. Photo credit should read: Joe Giddens/PA Wire

%VIRTUAL-SkimlinksPromo%London house prices leapt by 11.2% over 2013 - an increase which is more than double the national average, Land Registry figures show.

Across England and Wales, property prices grew by 4.4% in the 12 months to December to reach £167,353 typically, which is also 1.1% higher than in November.

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