Property prices along London Marathon 'up by almost £100,000'

Property prices along the London Marathon route have risen by almost £100,000 in the past year, figures reveal today.

The average property price for the route is more than £700,000.

The most expensive area is St James’s at mile 26, where homes sell for an average of almost £2.5 million — almost a quarter higher than 12 months ago.

Online estate agents HouseSimple.com have analysed average property prices at each mile along the route which thousands of runners will take on Sunday and found prices average at £712,416, up 16 per cent on last year.

At the third and fourth mile in Woolwich, average prices are £314,446, the lowest on the course.

Alex Gosling, CEO of HouseSimple.com, said: “As thousands of runners pound the streets of London this Sunday, many first-time buyers probably feel right now it would be easier to run a marathon than it is trying to get onto the property ladder.

“This research reveals the vast difference in property prices in the capital, even along the Marathon route.

"From Woolwich, where average prices are a little over £300,000, to St James’s, where prices are close to £2.5 million; these two areas might be separated by just 23 miles on the course, but they are different worlds where property prices are concerned.”@KiranRandhawa