Performance Summary – 2014

Land registry data                                                    December        12 Month       Av.Price
All UK                                                                          +0.6%              +7.0%              £177,766
London                                                                        +1.8%               +16.3%            £464,936
Royal Borough of Kensington and Chelsea         -0.6%                +11.5%            £1,319,396
City of Westminster                                                 -0.6%                 +14.20%        £978,787
The December data for London shows a monthly increase of 1.8%.
Annual growth of 7.0% in December throughout the UK.
At 16.3%, the annual change for London is the highest compared to other regions.
The average price of property in the capital is £464,936 compared to the average for England and Wales of £177,766.
Newham experienced the highest monthly increase, with a movement of 1.6%.
The borough with the highest annual price rise is Waltham Forest, with a movement of 25.1%.