Rise in prices in London from November 2011 until March 2015
Our council flat was valued at £275,000 in November and £425,000 in March 2015 - is this rise of 50% fair and correct?! It means we now cannot purchase the flat. It's in a middle class area but not worth this price for a number of reasons: e.g. drug addicts and young offenders during this period which have now been evicted. Is it possible for the problems severely affecting us to be taken into consideration when valuing the property?
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