Real Estate Advisory

February Update: Market Overview

15th February 2017

 - featrured image
Land Registry data December Av.price  Monthly change  12 Month change
 England  £236,424 +1.6% +7.7%
 London  £483,803  +1.8%  +7.5%
Royal Borough of Kensington and Chelsea  £1,317,424  +2.5%  +4.2%
 City of Westminster  £1,025,114  +2.9%  +1.2%
  • London’s annual price increase remains strong at 7.5%. The monthly move was of 1.8%.
  • Kensington and Chelsea continue to show signs of recovery with an annual increase of 4.2%.
  • The average annual property price in Lambeth increased by 7.6% and now stands at £521,422.
  • Bromley was the London borough that recorded the highest number of sales in October 2016 with 352 transactions.
  • December data shows an annual price increase of 7.7% taking the average property value in England to £236,424.
  • Barking and Dagenham is the London borough with the highest annual price rise with a movement of 14.1%.

Contact us

Get in touch with your enquiries

"*" indicates required fields