London's housing market resurgence is continuing apace, according to a recent property survey.

London's housing market resurgence is continuing apace, according to a recent property survey.

Estate agent Knight Frank believes that the price of prime central London property has soared by almost 15 per cent from the same period a year ago.

Liam Bailey, head of residential research at the estate agent, explained that last month's figure was part of a 16-month continued rise, with the last monthly fall having been recorded in December 2004.

Mr Bailey said that the growth in City employment and record bonus levels was fuelling demand alongside international buyers expressing strong demand and low supply levels.

"The London housing market boom is not only continuing, but is actually getting stronger," he added.

The survey also showed that properties in Chelsea had seen prices rise by 11.8 per cent in only four months, equivalent to growth of almost £15,000 for an average priced Chelsea flat.