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Which local residents have seen the best house price inflation?

In December 2016, The Office for National Statistics reported that house prices across the UK saw a year-on-year rise of 7.2 per cent. These figures are promising for the property market, and if the trend continues, the average home in the UK will increase in value by £22,000 in the next year. But what’s in store for West Hampstead? Over the last decade, local prices have seen a rise of 93.2 per cent, equivalent to £37,120 per year. Terraces tell a different story, having seen a rise of £76,280 per year or 113.9 per cent over the period. As the chart shows, all owners have benefitted from price rises, but some more than others. Click here to read our full newsletter. ________________________________________________________________________________ Sign up to our…

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