UK
28/10/2013 08:55 GMT | Updated 28/10/2013 09:13 GMT

Tiny Fulham Road Garden Sold For Over £120,000

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A 440 sq ft garden plot on London's Fulham Road was snapped up for over £120,000 last week.

The plot, measuring 0.1 of an acre, was sold for an effective rate of around £273 per square foot, or £3,000 per square metre.

The patch of land, at 624 Fulham Road, was set to be auctioned by Strettons but was bought prior to the auction by a local resident.

The tiny lot proved popular prior to its auction, receiving more than 100 requests for information from interested buyers, Estates Gazette reports.

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The news comes as the latest property analysis showed that house prices in London had risen by 0.8% month-on-month.

The latest increase marks the ninth month in a row of rises and pushes prices across England and Wales 3.1% higher than they were a year ago as the housing market revival continues to gather pace.

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