Real Estate Advisory

Updated: Market Overview in Numbers

15th December 2016

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Land Registry data October av.price  Monthly change  12 Month change
 England  £232,656 -0.1% +7.4%
 London  £474,475  -1.2%  +7.7%
Royal Borough of Kensington and Chelsea  £1,207,128  -6.15%  -4.9%
 City of Westminster  £937,473  -1.64%  -2.7%
  • London’s annual price increase remains strong at 7.7% despite monthly fall of 1.2%.
  • The average annual property price in Lambeth increased by 6.3% and now stands at £530,795.
  • Bromley recorded the highest number of sales in August 2016 with 383 transactions.
  • The October data shows an annual price increase of 7.4% which takes the average property value in England to £232,656.
  • Barking and Dagenham is the London borough with the highest annual price rise with a movement of 18.20%.

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