13 square miles in the centre of London worth as much as all of Wales

13 square miles in the centre of London worth as much as all of Wales

13 square miles in the centre of London worth as much as all of Wales The value of 13 miles square miles in the centre of London is the same as the whole of Wales, a real estate company has said. Zoopla said that the value of homes in the City of Westminster and Kensington and Chelsea (£306bn) – which combined cover an area of just 13 square miles – is roughly the same as all of Wales (£308bn). Despite Wales being hit by surging house price rises during the pandemic which has made properties unafforable to many, the figure suggests the disparity of wealth between parts of central London and areas on the economic periphery of the UK. Property in the City of Westminster and Kensington and Chelsea was …
More on: nation.cymru