Land Registry Index: 10.6% annual price increase for London as £1m+ transaction levels rocket nationwide

As stamp duty reforms, tighter lenders and a rising pound put the kibosh on major growth in the sales market, rental values look to have been surging across pretty much every postcode in town.

The Office of Budget Responsibility has revised its medium-term forecasts for the property market down by 5% to +34.1% by Q1 2020, but not as a result of yesterday's Budget. In real terms, that's a +13.