- In England house prices grew by 0.4% in the year to February 2019, down from 1.4% in the year to January 2019.
- Across England, all houses showed an increase in average price in February 2019 when compared with the same month in the previous year.
- In London property prices fell by 2% in February and fell by 3.8% over the year.
- The average property price in Hammersmith and Fulham is now £739,357 representing an annual increase of 4%.
- In February 2019, the most expensive area (in London) to live in was Kensington and Chelsea, where the cost of an average house was £1.3 million.
- In contrast, the cheapest area to purchase a property remains Barking and Dagenham, where an average house cost £297,354.
Green light for 42-storey Paddington Cucumber
Last week Westminster planners voted to grant planning consent to the revised proposals for the canal side site in Paddington.
Outline permission was initially granted several years ago for a 42-storey tower by Robin Partington & Partners (now Apt), then nicknamed "the Cucumber", along with three other blocks.
The main tower will now be joined by another smaller tower of 21 storeys, delivering a combined total of 426 units, with the latter housing 67 affordable units. There will also be some retail and leisure floorspace, and the main block will have a two-storey "sky bar" on the top two floors.