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Cost Of Average Home Tops £300,000 - Evening Standard November 05

The average cost of a London homes has topped £300,000 for the first time.

Prices are set to rise further with two leading estate agents predicting increases of between 3 and 7 per cent next year.

Property experts are confident that London has eacaped the widely feared crash.

Figures published by the Land Registry show prices rose4.5 per cent last year -- enough to push the average figure to £300,329.