Last month the Centre for Economics and Business Research think-tank predicted that the price of a typical London home will hit half a million pounds by the end of the decade.
The economic experts said that the average house in the capital will cost £383,000 this year, rising more than 30% by 2020.
This recent property news is good news for home owners in the capital but a blow for those already struggling to get a foot on the property ladder.
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Police are looking for a man who sexually assaulted a 12-year-old girl at a London train station yesterday while she was with her family.
A gang of robbers who dressed in burkas to stage raids on high-end stores in London have been convicted today.
The retrospective is so in-demand the museum will open its doors all through the night for the first time since it opened in 1857.