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Daily Telegraph: Good News on House Prices

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"House prices in Britain have risen by 11pc since the last general election, driven by runaway price growth in London, the South East and East Anglia.

"Homeowners in central London have watched the value of their property jump 40pc under the leadership of the Conservative party, while values in Greater London rose 25.2pc and property prices in the South East have shot up 16.8pc since May 2010.

"... London house prices were 1.7 times that of the UK average when David Cameron came to power, the gap has now risen to 2.1 times. The average London house price was £290,200 at the time of the last election - which will now buy a small 2-bed flat in Wembley.

"International demand from investors, the families of overseas students studying in the South East, companies relocating offices and employees to the capital and wealthy domestic buyers have flocked to central London in the last five years, conspiring to create a global city rather than a UK capital."

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