Real Estate Advisory

England records 10.7% annual price rise

19th April 2022

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Land registry data (UK HPI)February Av. priceMonthly change12-month
England£295,888+0.9%+10.7%
London£529,882+2.2%+8.1%
City of Westminster£1,032,369+1.1%+9.8%
Kensington and Chelsea£1,382,760-0.7%+10.5%



  • England house prices grew by 10.7% in the year to February 2022, up from 10.0% in January 2022.
  • The South West and East of England were the fastest growing regions with annual growth of 12.5% in the year to February 2022.
  • The lowest annual growth was in London, where prices increased by 8.1% over the year to February 2022.
  • Across England, detached houses showed the largest increase out of all property types, growing by 14.4% in the year to February 2022 to £469,000.
  • The lowest annual change was in flats and maisonettes which increased by 7.8% in the year to February 2022 to £250,000.
  • Northern Ireland saw house prices increase by 7.9% over the year to Quarter 4 (October to December) 2021.
  • Across England, detached houses showed the largest increase out of all property types, growing by 12.4% in the year to January 2022 to £460,000. 
  • In February 2022, the most expensive area to purchase a property was Kensington and Chelsea, where the average cost was £1.4 million.
  • In contrast, the cheapest area to purchase a property was Burnley, where the average cost was £112,000.

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