Kate Faulkner's latest London Borough Analysis with data from the Land Registry

publication date: Oct 29, 2015
 | 
author/source: Kate Faulkner, Property Expert and Author of Which? Property Books

London update with data from the Land Registry

Each month we track the performance of each of the 32 London boroughs to establish:-

  • How are they performing this year versus last?
  • Is the growth/decline more or less than the long term average?
  • What and when was the highest house price growth ever?
  • How much did prices fall during the last recession?
  • Are current property values more or less than the 2007/08 peak?

Out of the 32 London boroughs, these tend to fall into five brackets ranging from properties between £250k-£300K to those above £1,000,000.

Download the full London borough price analysis

Average London house price brackets
Just one of the London boroughs have average house prices of under £300k, which is traditionally considered the average price paid by a first time buyer in London. There are now more boroughs with prices over £1m than under £300k.

Boroughs with average house prices over £1m:-

  • Kensington & Chelsea
  • City of Westminster

Boroughs with average house prices from £600k to £1m:-

  • Hackney
  • Islington
  • Richmond upon Thames
  • Camden
  • Hammersmith & Fulham

Boroughs with average house prices from £400k to £600k:-

  • Barnet
  • Kingston upon Thames
  • Lewisham
  • Bromley
  • Tower Hamlets
  • Southwark
  • Ealing
  • Haringey
  • Brent 
  • Lambeth
  • Merton
  • Wandsworth

Boroughs with average house prices from £300k to £400k:-

  • Newham
  • Hillingdon
  • Enfield
  • Greenwich
  • Bexley
  • Waltham Forest
  • Havering 
  • Redbridge
  • Harrow
  • Croydon
  • Hounslow
  • Sutton

Boroughs with average house prices from £250k to £300k:-

  • Barking & Dagenham

Download the full London borough price analysis

Average London growth rates
Currently, there are three levels of year on year increases/decreases in London house prices and these are:-

  • +10% to +15% eg Enfield and Bexley
  • Up to +10% eg Tower Hamlets and Southwark
  • 0% and below eg Hammersmith & Fulham and Camden

Average growth rates since 2007/08 heights
Areas with growth lower than +25% are still considered ‘good value for money’ - there are still a few of those boroughs left in London.

Areas which have increased up to +25% in the last seven years:-

  • Newham
  • Bexley
  • Barking & Dagenham
  • Havering
  • Redbridge
  • Croydon
  • Sutton

Areas which have increased +26% to +49% over the last seven years:-

  • Hillingdon
  • Enfield
  • Greenwich
  • Waltham Forest
  • Harrow
  • Hounslow
  • Barnet
  • Kingston upon Thames
  • Lewisham
  • Bromley
  • Tower Hamlets
  • Ealing
  • Haringey
  • Brent
  • Merton
  • Richmond upon Thames

Areas which have grown in excess of +50% since 2007/08:-

  • Hackney
  • Southwark
  • Lambeth
  • Islington
  • City of Westminster
  • Kensington & Chelsea
  • Wandsworth
  • Camden
  • Hammersmith & Fulham

For more help with buying, selling and investing in property, sign up for FREE to access all of our property checklists, including:-

First time buyer quick guide
Buying a shared ownership property
Benefits of buying a new build
Help to Buy – new build
Help to Buy - existing home
Analysing a buy to let
Selling a property


All our information is brought to you by Kate Faulkner, author of
Which? Property books and one of the UK's top property experts.
This website is Copyright © Designs on Property Ltd and
Propertychecklists.co.uk protected under UK and international law.