PHOTO: Prices in the British capital have surged 74% over the last decade. (Photo by Frédéric Soltan/Corbis via Getty Images) CORBIS VIA GETTY
London has seen the largest price growth in the U.K. since 2010, a new report by online property portal Zoopla has revealed.
Prices in the British capital have surged 74% over the last decade, an average increase of £204,400 ($267,500) per home.
Most of the growth, however, was recorded before 2016, when new tax changes were introduced, according to the report.
Despite Stamp Duty surcharge and the political uncertainty following the EU referendum in June 2016, prices across major cities in the U.K. have increased by an average 54%.
The figure equates to an average price increase of £90,000 per home–or £9,000 a year.
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