Real Estate Advisory

Latest Property Market Data

15th June 2016

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Land Registry Data Av.Price  April 2016  12 Month change
 UK  £209,054  +0.6%  +8.2%
 England  £224,731 +0.7% +9.1%
 London  £470,025  +0.6%  +14.5%
 Royal Borough of Kensington and Chelsea  £1,314,792  -0.1%  +1.8%%
 City of Westminster  £975,595  +0.3%  +3.2%
  • As from this month the methodology used by the land registry to calculate the relevant property indices, price movements and average prices has changed. These changes will make reporting property statistics and related data more accurate.
  • London is the region with the most significant annual price increase with a movement of 14.5%.
  • The number of completed house sales in England increased by 1.1% to 56,884 compared with 56,261 in February 2015.
  • The April data shows an annual price increase of 8.2% which takes the average property value in the UK to £209,054. 
  • The London borough with the highest annual price rise is Waltham Forest, with a movement of 25%.

*straight line – not adjusted for inflation

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