Real Estate Advisory

Updated Market Performance

22nd August 2017

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Land Registry data June 2017 Av.price  Monthly change  12 Month change
 England  £240,325 +0.8% +5.2%
 London  £481,556  -0.7%  +2.9%
Royal Borough of Kensington and Chelsea  £1,405,521  -1.4%  +12.8%
 City of Westminster  £1,044,469  +3%  +2.7%
  • London’s average property price is now £481,556 up 2.9% in the last 12 months.
  • The royal borough of Kensington and Chelsea continues to perform well with an annual increase of 12.8%
  • The average property price in Kensington and Chelsea is £1,405,521.
  • Kensington and Chelsea was the London borough that recorded the highest increase in price (+12.8%) over the past 12 months. Hackney was second with an annual price increase of 10%.
  • Sales volume for London (as a region) has increased from 5,746 in 2016 to 5,823 in 2017 (April to April).
  • May data for England showed an annual price increase of 5.2% taking the average property value to £240,325.

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