What will a small London flat be worth in 2050? This prediction is crazy

The average small central London flat could cost £36m by 2050, according to an investor.

London Central Portfolio (LCP) reckons property price inflation will continue for decades, and predicts the 9% a year growth seen in recent years will continue.

The investment company has launched a £100m fund to buy one and two-bed flats in the most exclusive parts of the capital.

Hugh Best, LCP’s investment director, told the Guardian: “The average price in prime central London is now £1.5m, and has been growing at 9% a year, which we think is firmly sustainable. They have been growing at that level for 40 years and we see no reason for that to change.”


Fastest house price rise in five years is “approaching madness”

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