Kensington and Chelsea Home Prices Top 2 Million Pounds: Economy

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Kensington and Chelsea helped to push the asking price of a London home to a record this month as average values in the district broke through the 2 million-pound ($3.17 million) level for the first time, Rightmove Plc said.

Asking prices in Kensington and Chelsea increased 5.9 percent from February, the operator of Britain’s biggest property website said in a report today. Values in London rose