Average prices in buildings which failed cladding tests still rising

Grenfell Tower

London buildings that have failed fire safety testing performed in the aftermath of the Grenfell Tower tragedy haven’t reduced in value according to exclusive data analysed by Nimbus Maps for Property Week.

On average, prices in properties that failed cladding tests have increased by 66% since the last time properties were sold.

Property Week asked London councils the number of buildings that failed the tests across their borough and then teamed up with Nimbus Maps, which compared prices data before and after the Grenfell tragedy.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now