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London House-Price Surge Drives U.K. Values in Spring Bounce

London house prices surged this month, helping national values post their best annual increase since before the financial crisis, Rightmove Plc said.

Asking prices in the U.K. capital jumped 5.2 percent to an average 541,313 pounds ($905,500) from January, the operator of Britain’s biggest property website said in a report today. On the year, they rose 11.2 percent. Nationally, values rose 3.3 percent from the previous month and 6.9 percent on the year, the best annual performance since November 2007.