House Prices Crash Across London’s Wealthiest Neighborhoods

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Why This Matters

House prices in London's wealthiest neighborhoods, particularly Kensington and Chelsea, have crashed by almost £160,000 in the past year, amid concerns over tax hikes in the upcoming Labour government budget.

Market Impact

Market impact analysis based on bearish sentiment with 82% confidence.

Sentiment
Bearish
AI Confidence
82%

Article Context

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House prices in Kensington and Chelsea fell by almost £160,000 ($210,000) in the year to September, as the capital’s housing market reels from expected tax hikes in the Labour government budget next week.

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Original article published by Bloomberg on November 19, 2025.
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