Real Estate Advisory

Market Review: January Update

19th January 2017

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Land Registry data November av.price  Monthly change  12 Month change
 England  £234,278 +0.1% +7.2%
 London  £481,648  +1.7%  +7.7%
Royal Borough of Kensington and Chelsea  £1,303,778  +6.9%  +0.7%
 City of Westminster  £1,021,027  +8.1%  +0.8%
  • London’s annual price increase remains strong at 7.7%. The monthly move was of 1.7%.
  • Kensington and Chelsea show signs of recovery with a substantial movement in November, and an annual increase of 0.7%.
  • The average annual property price in Camden increased by 6.8% and now stands at £872,390.
    Bromley was the London borough that recorded the highest number of sales in September 2016 with 338 transactions.
  • November data shows an annual price increase of 7.2% taking the average property value in England to £234,278.
  • Barking and Dagenham is the London borough with the highest annual price rise with a movement of 17%.

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