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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A 15-year-old school boy has been stabbed 'five or six times' on his first day back at school in north London after the summer holidays.
Today's showers should clear overnight - and tomorrow will be more settled, but temperatures still feeling cool.
The pair have been poring over old maps and records in their bid to convince the council the warehouse should not be converted into flats.