The average price of a property in London in January 2007 is £257,568, up from £256,681 in November 2006. In 2007, properties in prestigious areas such as buy to let hotspots in Canary Wharf and the Olympic Village, and prestigious family homes in Chiswick, and Fulham are likely to be the most popular. Prices in the capital are predicted to rise by as much as 8 per cent over the next twelve months. House price rises in London are outperforming the rest of the country to such an extent that the average increase in 2006 alone, in London's top five performing boroughs, now exceeds the total value of an average property for sale in England and Wales. The national average for a property stands at £222,859, whilst the average gain of an average property in each of the top 5 boroughs is £228,467.

London is the most populous city in the European Union with a population of 7.7 million and a metropolitan area population of between 12 and 15 million, depending on the definition of London's metropolitan area for purposes of population-counting. Its population is very cosmopolitan, drawing from a wide range of peoples, cultures and religions, speaking over 300 different languages. London is an international transport hub, with five international airports and a large port. It serves as the largest aviation hub in the world, and its main airport, the multi terminal Heathrow, carries more international passengers than any other airport in the world.

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