Real Estate Advisory

Updated Jan 2016: Record Month for London

3rd January 2016

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Land Registry Data November  12 Month 10yr annual avge*. Av.Price 
 All UK  +0.4%  +5.6% +1.78%  £186,325
 London  +1.6%  +11.2% +8.3%  £506,724
 Royal Borough of Kensington and Chelsea  -1.4%  +0.3% +14.31%  £1,331,549
 City of Westminster  +1.4%  +3.5% +14.82%  £1,015,417
  • London remains the best performing region over the past 12 months with a price increase of 11.2%.
  • The number of properties sold in England and Wales for over £1 million in September 2015 increased by 1% over September 2014.
  • In the months June 2015 to September 2015, repossession volumes averaged 463 per month. This is a fall compared to the same period a year earlier, when volumes averaged 843 per month.
  • The London borough with the highest annual price rise is Hillingdon, with a movement of 14.4%.
  • Barking and Dagenham experienced the highest monthly price increase, with a movement of 2.2%.

*straight line – not adjusted for inflation

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