Real Estate Advisory

Updated: August Market Performance

3rd August 2017

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Land Registry data May 2017 Av.price  Monthly change  12 Month change
 England  £237,662 +0.5% +5%
 London  £481,345  -0.02%  +3%
Royal Borough of Kensington and Chelsea  £1,501,966  +6%  +17.1%
 City of Westminster  £1,076,320  +2.2%  +6.8%
  • London’s average property price is now £481,345 up 3% in the last 12 months
  • Westminster continues to perform well with an annual increase of 6.8%
  • The average property price in Kensington and Chelsea is £1,501,966 resulting in an annual increase of 17.1%
  • Kensington and Chelsea was the London borough that recorded the highest increase in price over the past 12 months
  • May data for England showed an annual price increase of 5% taking the average property value to £237,662

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