Real Estate Advisory

Market Performance Update

4th October 2021

 - featrured image
Land registry data (UK HPI)July Av. priceMonthly change12 month
England£270,000-4.5%+7.0%
London£494,673-2.0%+2.2%
City of Westminster£898,011+1.0%-3.1%
Kensington and Chelsea£1,332,496+2.4+0.7%
  • England house prices grew by 7.0% in the year to July 2021, down from 13.2% in June 2021.   
  • The North East was the fastest growing region with annual growth of 10.8% in the year to July 2021.  
  • Across England, detached houses showed the biggest increase out of all property types, growing by 8.0% in the year to July 2021 to £415,000. 
  • In London, average house prices increased by 2.2% in the year to July 2021, down from an increase of 5.1% in June 2021.
  • The lowest annual change was in flats and maisonettes which increased by 4.5% in the year to July 2021 to £237,000.
  • Across England, detached houses showed the biggest increase out of all property types, growing by 15.7% in the year to June 2021 to £438,000. 
  • In July 2021, the most expensive area to purchase a property was Kensington and Chelsea, where the average cost was £1.3 million. . 
  • In contrast, the cheapest area to purchase a property was Burnley, where the average cost was £101,000.

Contact us

Get in touch with your enquiries

"*" indicates required fields