Real Estate Advisory

Updated: Market Performance

18th April 2017

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Land Registry data February Av.price  Monthly change  12 Month change
 England  £234,466 +0.8% +6.3%
 London  £474,704  -0.9%  +3.7%
Royal Borough of Kensington and Chelsea  £1,425,428  +4.6%  +10.1%
 City of Westminster  £1,082,628  +3.5%  +9.5%
  • London’s average property price is now £474,704.
  • Kensington and Chelsea continues to recover with a monthly increase of 4.6% and an annual increase of 10.1%.
  • The average annual price increase for Westminster is 9.5%.
  • The average annual property price in Enfield increased by 7.7% and now stands at £396,260.
  • Bromley was the London borough that recorded the highest number of sales in December 2016 with 403 transactions.
  • February data for England showed an annual price increase of 6.3% taking the average property value to £234,466.
  • Havering is the London borough with the highest annual price rise with a movement of 11.8%.

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