House Price Changes in Each London Borough Over a Decade

The average house prices in Outer London boroughs increased more - over the past decade - than in Inner London boroughs. The percentage change in average house prices across London boroughs in this period swings from -2.06 per cent to +51.94 per cent.

The percentage change in average house prices across London boroughs is calculated from the end price (the latest average house price on London Property Guide) and the start price (the decade-earlier average house price on London Property Guide).

The three boroughs where the average house price increased the most over the past decade are Hounslow, Havering, and Barking and Dagenham.

In Hounslow, the average house price increased 51.94% - the largest increase. The average house price went from £358,655 to £544,939.

In Havering, the average house price increased 49.50% - the second-largest increase. The average house price went from £294,484 to £440,254.

In Barking and Dagenham, the average house price increased 46.55% - the third-largest increase. The average house price went from £241,735 to £354,262.

These three boroughs - Hounslow, Havering, and Barking and Dagenham - also sit towards the lower end in How Much You Need to Earn to Buy a House in Each London Borough.

The three boroughs where the average house price decreased the most over the past decade are Kensington and Chelsea, the City of Westminster, and Hammersmith and Fulham.

In Kensington and Chelsea, the average house price decreased 2.06% - the largest decrease. The average house price went from £1,316,116 to £1,288,963.

In the City of Westminster, the average house price decreased 1.65% - the second-largest decrease. The average house price went from £935,638 to £920,193.

In Hammersmith and Fulham, the average house price decreased 1.00% - the third-largest decrease. The average house price went from £780,423 to £772,627.

These three boroughs - Kensington and Chelsea, the City of Westminster, and Hammersmith and Fulham - also sit towards the higher end in How Much You Need to Earn to Buy a House in Each London Borough.

This borough-by-borough analysis shows that the largest average house price increases - over the past decade - came from boroughs that sit towards the lower end in How Much You Need to Earn to Buy a House in Each London Borough. Boroughs with more headroom - where demand could push up the average house price.

The spread between the largest average house price change over the past decade (in Hounslow) and the lowest (in Kensington and Chelsea) is 54 percentage points. The wide spread - 54 percentage points - reinforces the point that London is not one market. London is a borough-by-borough market.

Data Sources

London Property Guide uses internal and external data sources. Review the data sources mentioned in this insight.

• Our data comes from Boroughs on London Property Guide. This data is obtained from official UK property data sources.

• We reference How Much You Need to Earn to Buy a House in Each London Borough from Insights on London Property Guide.

Disclaimer

London Property Guide publishes data-driven insights using official data. This disclaimer applies to all insights published.

The figures on this page are sourced from official UK property data. They are for informational purposes and do not constitute financial or investment advice. Seek independent professional advice before making any property decisions.