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Britain's Most Expensive Locations

According to research published today by global property advisor Savills, "prime central London is looking more fully valued than other prime markets" and is expected to grow by a total of 22.7% in the next five years. By contrast, property in the London suburbs is expected to see a 26.3% rise in value between 2014 and 2018.  “The gap between prime central London and its prime commuter markets has probably peaked and wealth has finally begun to flow out of the capital,” explains Savills’ analyst Sophie Chick. “We have already seen the predominantly domestic markets of outer prime London outperforming prime central London over the past year. We expect 2014 to be the year of the super suburbs.”

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