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.
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