Real Estate Advisory

£500,000 – New High for London Property

28th October 2015

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 Land Registry Data September  12 Month 10-yr annual Av. Av.Price 
 All UK  1.0%  5.3% 1.81%  £186,553
 London  1.8%  9.6% 8.0%  £499,997
 Royal Borough of Kensington and Chelsea  1.0%  2.3% 15.15%  £1,342,794
 City of Westminster  0.8%  2.6% 14.13%  £1,003,055
  • The average price of property in the Capital is now £499,997 compared to £186,553 in England and Wales.
  • The average property price in the Royal Borough of Kensington and Chelsea reaches £1.34m.
  • London remains the best performing region over the past 12 months with a price increase of 9.6%.
  • Hounslow experienced the highest monthly increase (in London) with a movement of 2.1% in September.
  • The London Borough with the highest annual price rise is Newham, with and increase of 13.6%.

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