|
Land Registry data |
February 2018 Av.price | Monthly change | 12 Month change |
| England | £242,176 | +0.2% | +4.6% |
| London | £471,986 | -2.1% | -1% |
| Royal Borough of Kensington and Chelsea | £1,409,606 | +1% | -0.2% |
| City of Westminster | £1,047,866 | +0.2% | -2.4% |
- In London property prices have decreased by 2.1% in the last year and have decreased by 1% between January and February 2018.
- The average property price in Fulham is now £725,829 – representing an annual drop of 5%.
- Redbridge was the London borough that recorded the highest annual price increase (8.9%) in February. The average property price in Redbridge is now £441,869.
- In February 2018, the most expensive borough to live in was once again Kensington and Chelsea, where the cost of an average house was just over £1.4 million whilst cheapest borough remains Barking and Dagenham, where an average house costs £293,180.
