Real Estate Advisory

Updated: May Market Performance

23rd May 2017

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Land Registry data March Av.price  Monthly change  12 Month change
 England  £232,530 -0.6% +4.4%
 London  £471,742  -1.5%  +1.5%
Royal Borough of Kensington and Chelsea  £1,406,839  +0.4%  +6.6%
 City of Westminster  £1,055,350  -2.7%  +8.7%
  • London’s average property price is now £471,742
  • Kensington and Chelsea continue to recover with an annual increase of 6.6%.
  • The average annual price increase for Westminster is 8.7%.
  • The average annual property price in Haringey increased by 12% and now stands at £510,397.
  • Bromley was the London borough that recorded the highest number of sales in January 2017 with 308 transactions.
  • February data for England showed an annual price increase of 4.4% taking the average property value to £232,530.

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