London house prices rise by a staggering £4,500 a week

The figures for asking prices come after new warnings about the risk posed by the capital's overheating housing market to Britain's economic recovery.

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  1. Simon Harris: Political Correspondent

London house prices rise by a staggering £4,500 a month

House prices in London are going up by a staggering £4,500 a month, according to a new survey. The figures come after new warnings about the risk posed by the capital's overheating housing market to Britain's economic recovery.

Credit: PA

The latest House Price Index compiled by the website Rightmove graphically illustrates the surge in London property values.

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