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London Estate Agents News: Online heatmaps show London property prices

By: Paramount-Magazine  Published Date: 29 Jul 2011 17:21
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Prospective homeowners searching for flats and houses for sale in Hampstead, London, can now use an online tool to work out which parts of the city best suit their budget.

Property website Zoopla.co.uk has launched heatmaps showing how much, on average, house hunters can expect to shell out for a home in London or other parts of the UK.

Users can also have a look at how much different types of property are likely to set them back, with a one-bedroom flat in London costing on average £280,254.

Families looking for something larger might be interested to learn that a five-bedroom house in the city costs an average of £1.28 million.

Alex Chesterman, founder and chief executive of Zoopla, commented: "The addition of heatmaps to our site allows users to easily visualise the relative property values in any area of the country.

"Together with the unique market data we are now making available, this is all part of our mission to empower users with the information they need to make the right property decisions and to become the most useful property resource in the UK," he added.

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