House prices nudged upwards to end 2020 at an all-time high of £253,374 after a boom led by homeowners heading for the country, but experts now say buyers could be looking to return to London. The mini-boom that arrived after the property freeze at the start of lockdown led house prices to climb 6 per cent last year, with the average home adding £14,295 in 2020, according to Halifax. Estate agents now predict a boom in sales in London in the wake of an exodus of City workers last year, who fled lured by the prospect of working from homes in the countryside and on the coast. London-based estate agent Dexters said it expects to see sales and lettings transactions in the Capital doubling in volume during 2021, with the boroughs of Camden, Kentish Town, Tufnell Park and Kensington and Chelsea tipped to be the year’s ‘star performers.’ Property listing website Rightmove, meanwhile, has seen a record number of viewings this week, recording its busiest ever start to a new year. The firm said the number of people contacting estate agents about a property to buy is 11 per cent higher than at the start of 2020, and those enquiring about a… Read full this story
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