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The 14 most overpriced and ridiculously small properties in London

Business Insider Logo By Will Martin of Business Insider | Slide 1 of 15: Property prices in London are ridiculously high, everyone knows that. The average house in Britain's capital now costs over £500,000, and that's still rising.<p>For many people, finding somewhere to live that's reasonably sized, not hours from work, and most importantly, affordable, is nigh on impossible.</p><p>Things are made even more difficult by the slew of crazy, overpriced properties that go on sale in the capital all the time. </p><p>The insane property situation was perfectly summed up on Wednesday,<a href="http://uk.businessinsider.com/telford-homes-600000-for-a-flat-in-london-is-relatively-affordable-2016-4?utm_source=msn&utm_medium=referral"> when developer Telford talked about selling "relatively affordable" flats for just under £600,000</a>.</p><p>But what are the most insane properties on the market?</p><p>Business Insider scoured listings for London properties to find the most ridiculously overpriced properties that are on the market, or have been sold in the last couple of years.</p><p>Some of them are tiny, some are miles from central London, and some of them, you can't even live in. But they've all got one thing in common. They're incredibly expensive for what they are.</p><p>Check out the properties below.</p>

Are these the most overpriced (and ridiculously tiny) properties in the UK?

Property prices in London are ridiculously high, everyone knows that. The average house in Britain's capital now costs over £500,000, and that's still rising.

For many people, finding somewhere to live that's reasonably sized, not hours from work, and most importantly, affordable, is nigh on impossible.

Things are made even more difficult by the slew of crazy, overpriced properties that go on sale in the capital all the time.

The insane property situation was perfectly summed up on Wednesday, when developer Telford talked about selling "relatively affordable" flats for just under £600,000.

But what are the most insane properties on the market?

Related: First-time buyer? You'll need a £64,000 salary

Business Insider scoured listings for London properties to find the most ridiculously overpriced properties that are on the market, or have been sold in the last couple of years.

Some of them are tiny, some are miles from central London, and some of them, you can't even live in. But they've all got one thing in common. They're incredibly expensive for what they are.

Click through the slides above to see them.

© REUTERS/Paul Hackett

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