London house prices rose by a record 20.1%

PA/AOL Money
Updated
House price inflation hits 10.5%
House price inflation hits 10.5%

%VIRTUAL-SkimlinksPromo%House prices in London rose by a record annual rate of 20.1% in May as overall growth in the UK climbed to 10.5%, official figures showed today.

The average home in the capital now costs £492,000, compared to £262,000 across the country, according to the Office for National Statistics (ONS).

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