London is one of the most popular cities in the world, and is often regarded as the best UK city for property investments due to a high demand for quality property.
Elite Realty is an independently owned company with a combined 20 years worth of experience in the UK, Spanish and Dubai property markets. We take the time to understand what it is you’re looking for in a London property investment.
London in Numbers
London has the largest population in the UK, with the entire metro area reaching a total of 9.3 million.
Over 1.1 million businesses call London home. That’s just under one-fifth of all businesses in England (5.2 million).
There are over 39 universities across London, which is home to the largest student population in the UK, totalling over 400,000 students.
London has six major airports, four of which are in the top five busiest in the UK. Combined, the six London airports welcome an average of 179,000,000 passengers per year.
It has a GDP of over £565 billion, which is close to 17% of the UK’s total GDP.
Property prices in London can vary. East London house prices reach £628, 314 on average, whilst the average cost in West London is £1.45 million.