House prices surge beyond £1m in 43 areas

New report identifies 43 locations where houses now sell for an average of more than £1 million, including several outside London. Compiled by estate agents Savills and analysts Property Database, the document also charts how house prices have risen over the past decade.

Some areas have outstripped the national average of 29.7% over the last 10 years by over 10 times and 34 of the 43 areas averaging over £1m are in Greater London, including Knightsbridge and Belgravia at No. 1.

Cities excelling outside of London include Bath, Oxford and Cambridge.

If you are thinking of investing this sort of money in a property, a report by a Chartered Surveyor will substantially mitigate the risk of your investment and help you manage your new home. Find your local surveyor at www.propertysurveying.co.uk

Chartered Surveyor Help ?

An interesting article explaining some of the ways an Independent Chartered Surveyor may be able to help you has been written by a member of the propertysurveying.co.uk team.  This lists the work undertaken from building surveys to valuation work as well as the less common party wall, expert witness, retrospective valuations and other related work undertaken by multi discipline professional independent chartered surveyors. Read more here