London house up for sale for more than £1m sparks fury online

A house for sale in Clapham has sparked a lively debate on social media after users expressed their shock and bewilderment at the eye-watering offers it has received.

The house, marketed by Kinleigh Folkard & Hayward seemingly takes the phrase “you don’t ask, you don’t get” to the extreme.

Images featured on the listing for the three-bedroom terrace in South London show the house between more modern neighbours, which accentuates the state of a property asking for a seven-figure amount.

Pictures of the interiors appear to show dated curtains and ancient carpets complementing 70s décor and stains on the wall.

The extreme house price was shared on X by @SarahDuggers who simply said: “OFFERS IN EXCESS OF ONE MILLION POUNDS.”

Social media users reacted with a mix of incredulity and humour to the listing, with some seeing it as symbolic of the struggles many face to afford a mortgage when such property prices are flooding the market.

One user said: “London doesn’t want me here does it?”

Whilst another observed: “That is absolutely mad. I live in a bigger, nicer terraced house than that within commuting distance of London and it's worth like a third of that.”

The asking price is considerably higher than the average house price in Clapham, which currently sits at £851,134 according to Rightmove.

In the asking price’s defence, the £1 million figure is significantly lower than the sale price of a number of houses close by.

According to Rightmove, 10 properties within 0.1 miles of the house sold for in excess of £1,315,000 in the last two years.

Last month saw the fastest annual house price growth in around two years, according to an index.

In London, house prices have seen annual growth of two per cent, with an average house price of £524,685.

House prices across the UK increased by 0.7 per cent in September alone, Nationwide Building Society said.

This resulted in the annual price growth rate accelerating from 2.4 per cent in August to 3.2 per cent in September, the fastest pace since November 2022 — when there was a 4.4 per cent rise.