London House Prices by London borough

Published 22nd of June, 2022

London house prices 2022

The latest data from the Land Registry shows that the average house price in London rise by 1.0% or £5,422 to £529,829 in April 2022. House prices rose in 22 of the 34 London boroughs during April

The biggest rises were in the Kensington and Chelsea up £96,752 (6.8%), Richmond upon Thames up £24,693 (3.2%) and the City of London up £24,634 (3.0%).

The biggest London house price falls last month were to be found in Hammersmith and Fulham down £23,687 (3.2%), Hackney down £16,248 (2.6%) and Harrow down £16,203 (3.2%).   



House Prices in London

The average house price in London is £529,829. This is 77% or £230,580 higher than the £299,249 average house price in England.

House prices in London have risen by 7.9% over the last twelve months compared to an average increase in house prices across England of 11.9%. 

In absolute monetary terms, this translates to an average increase of £38,608 in London and £31,749 in England. House prices in England have therefore increased more in relative terms, but less in absolute terms than they have in London over the last 12 months. 

To see the house prices and house price trends by London borough keep reading, you will find all that house price data in the body of this article.

London House Price Outlook

After a very hectic couple of years in the London housing market it seemed initially in 2022 that the London housing market was returning to more normal trading patterns, although a shortage of homes for sale was keeping prices keen.  

The cost of living crisis has yet to start biting as overall house prices are continuing to rise in London, rising in 22 of London's 34 boroughs in April 2022.  

In the medium term, the war on inflation has overtaken the  COVID-19 pandemic as the biggest risk factor for London house prices, but as inflation is taken back under control we would expect to see a continued recovery in housing transaction volumes and positive momentum maintained for house prices.

Please note that lower than usual levels of housing transactions mean that house prices at the borough level will show higher levels of volatility than normal.

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London House Price Graphs

 

House Price Graph 1: Average London House Prices Since January 2019

Chart showing average London House Prices

House prices in London rose by 1.0% or £5,422 last month, whereas house prices rose by 0.8% or £2,303 on average across England.

House Price Graph 2: Average London House Prices by London Borough

Chart showing average house prices in London by London borough twindig anthony codling

London House price Winners last month

We show in the chart below London's house price winners over the last month in percentage terms across the top 25 London boroughs

Graph chart showing biggest percentage house price gains last month  by London borough twindig anthony codling


We show in the chart below the biggest absolute gains in house prices (house price increases in monetary value) across the top performing 25 London boroughs

Graph chart showing house price winners by london borough last month in monetary terms twindig anthony codling


London House price Winners last year

We show in the chart below the top 25 London boroughs by house price gains in percentage terms over the last year


Graph chart showing biggest percentage London house price gains over the last 12 months year twindig anthony codling

We show in the chart below the top 25 London boroughs by house price gains in monetary terms over the last year


London House Price Losers Last Month

We show in the chart below London's house price losers over the last month in percentage terms 


Graph chart showing London's house price losers, house price falls last month in percentage terms twindig anthony codling

We show in the chart below London's house price losers in monetary terms over the last month 

Chart graph London house price falls last month by borough in monetary terms twindig anthony codling


London House Price Losers Last 12 months

We show in the chart below London's house price losers over the last 12 months (one year) in percentage terms 

Chart graph showing London's house price falls over the last 12 months year in percentage terms twindig anthony codling


We show in the chart below London's house price losers over the last 12 months (one year) in monetary terms


London House Price Lockdown Winners and Losers

We show in the chart below the change in London house prices since the first lockdown in March 2020, we believe this to be a good proxy for the impact of the COVID-19 pandemic on the London housing market.

The biggest lockdown house price winners 

Kensington and Chelsea house prices up £175,764 (13.1%)

Richmond upon Thames house prices up £133,721 (20.3%), and

Brent house prices up £79,337 (17.0%)

On average house prices in London have increased by £47,224 or by 9.8% since the start of the first lockdown, whereas across England average house prices have increased by £50,128 or 20.1%

The biggest lockdown house price losers

At the other end of the scale two London boroughs have seen house prices fall since the start of the first lockdown: 

House prices in the City of Westminster have fallen by £31,719 or 3.1% since the start of the first lockdown.

House prices in the City of London have decreased by £9,095 (1.1%), and

House prices in Hammersmith and Fulham are up just £1,210 (0.2%)



We show the house price changes since lockdown for each London borough below:

Graph chart to show impact of COVID-19 on london house prices twindig anthony codling




How much is my house worth?

If you would like to quickly see how much your house is worth you can do so by visiting twindig.com we have details of every house across the country, all 28 million, not just the one million or so that are currently for sale or rent

How much is my house worth


 

London house prices by borough

In this section, we look at the house price trends for each London borough, borough by borough

Table showing london house price changes in London last month and last year by london borough twindig anthony codling

House prices in Kensington and Chelsea

The average house price in Kensington and Chelsea is £1,513,711. Kensington and Chelsea has the most expensive average house prices of all the London boroughs.

House prices in Kensington and Chelsea have:

  • Risen by 26.7% or £319,246 over the last twelve months

  • Risen by 6.8% or £96,752 in the last month

  • Risen by 13.1% or £175,764 since the start of Lockdown One

 

House prices in the City of Westminster

The average house price in the City of Westminster is £977,554.

House prices in the City of Westminster have:

  • Risen by 5.0% or £46,430 over the last twelve months

  • Fallen by 0.4% or £4,251 in the last month

  • Fallen by 3.1% or £31,719 since the start of Lockdown One

 

House prices in Camden

The average house price in Camden is £874,081.

House prices in Camden have:

  • Risen by 7.9% or £64,039 over the last twelve months

  • Risen by 1.6% or £13,803 in the last month

  • Risen by 3.1% or £26,265 since the start of Lockdown One

 

House prices in the City of London

The average house price in the City of London is £838,145

House prices in the City of London have:

  • Risen by 11.9% or £89,330 over the last twelve months

  • Risen by 3.0% or £24,634 in the last month

  • Fallen by 1.1% or £9,095 since the start of Lockdown One

 

House Prices in Hammersmith and Fulham

The average house price in Hammersmith and Fulham is £721,185.

House prices in Hammersmith and Fulham have:

  • Fallen by 2.5% or £18,696 over the last twelve months

  • Fallen by 3.2% or £23,687 in the last month

  • Risen by 0.2% or £1,210 since the start of Lockdown One

 

House Prices in Islington

The average house price in Islington is £699,757.

House prices in Islington have:

  • Risen by 6.8% or £45,213 over the last twelve months

  • Risen by 0.1% or £909 in the last month

  • Risen by 9.5% or £61,996 since the start of Lockdown One

 

House Prices in Richmond

 The average house price in Richmond is £792,538

 House prices in Richmond have:

  • Risen by 16.1% or £109,676 over the last twelve months

  • Risen by 3.2% or £24,693 in the last month

  • Risen by 20.3% or £133,721 since the start of Lockdown One

 

House Prices in Wandsworth

The average house price in Wandsworth is £641,132

House prices in Wandsworth have:

  • Risen by 8.4% or £49,860 over the last twelve months

  • Risen by 1.1% or £6,843 in the last month

  • Risen by 5.0% or £30,774 since the start of Lockdown One

 

House Prices in Haringey

The average house price in Haringey is £601,439.

House prices in Haringey have:

  • Risen by 7.8% or £43,654 over the last twelve months

  • Risen by 1.7% or £9,929 in the last month

  • Risen by 10.9% or £58,967 since the start of Lockdown One

 

House Prices in Hackney

The average house price in Hackney is £607,030.

House prices in Hackney have:

  • Risen by 5.2% or £29,875 over the last twelve months

  • Fallen by 2.6% or £16,248 in the last month

  • Risen by 5.1% or £29,381 since the start of Lockdown One

 

House Prices in Merton

 The average house price in Merton is £566,919.

 House prices in Merton have:

  • Risen by 5.7% or £30,542 over the last twelve months

  • Risen by 2.0% or £10,903 in the last month

  • Risen by 11.0% or £56,397 since the start of Lockdown One

 

House Prices in Lambeth

The average house price in Lambeth is £545,756.

House prices in Lambeth have:

  • Risen by 2.9% or £15,202 over the last twelve months

  • Risen by 1.5% or £8,160 in the last month

  • Risen by 5.9% or £30,266 since the start of Lockdown One

 

House Prices in Barnet

The average house price in Barnet is £596,898.

House prices in Barnet have:

  • Risen by 11.6% or £62,211 over the last twelve months

  • Risen by 3.5% or £20,208 in the last month

  • Risen by 14.3% or £74,705 since the start of Lockdown One

 

House Prices in Kingston upon Thames

The average house price in Kingston upon Thames is £528,433.

House prices in Kingston upon Thames have:

  • Risen by 5.0% or £25,289 over the last twelve months

  • Fallen by 0.4% or £1,986 in the last month

  • Risen by 8.8% or £42,577 since the start of Lockdown One

 

House Prices in Brent

The average house price in Brent is £546,934.

House prices in Brent have:

  • Risen by 10.8% or £53,253 over the last twelve months

  • Risen by 2.8% or £14,927 in the last month

  • Risen by 17.0% or £79,337 since the start of Lockdown One

 

House Prices in Ealing

 The average house price in Ealing is £525,438.

 House prices in Ealing have:

  • Risen by 5.4% or £26,806 over the last twelve months

  • Fallen by 1.4% or £7,445 in the last month

  • Risen by 9.7% or £46,431 since the start of Lockdown One

 

House Prices in Southwark

The average house price in Southwark is £527,636.

House prices in Southwark have:

  • Risen by 2.6% or £13,312 over the last twelve months

  • Risen by 0.5% or £2,656 in the last month

  • Risen by 5.8% or £29,134 since the start of Lockdown One

 

House Prices in Tower Hamlets

The average house price in Tower Hamlets is £499,716.

House prices in Tower Hamlets have:

  • Risen by 6.4% or £30,031 over the last twelve months

  • Risen by 4.4% or £21,223 in the last month

  • Risen by 4.5% or £21,745 since the start of Lockdown One

 

House Prices in Waltham Forest

 The average house price in Waltham Forest is £478,261.

 House prices in Waltham Forest have:

  • Fallen by 0.3% or £1,425 over the last twelve months

  • Fallen by 2.7% or £13,504 in the last month

  • Risen by 9.7% or £42,178 since the start of Lockdown One

 

House Prices in Harrow

The average house price in Harrow is £497,236.

House prices in Harrow have:

  • Risen by 1.6% or £7,789 over the last twelve months

  • Fallen by 3.2% or £16,203 in the last month

  • Risen by 10.3% or £46,599 since the start of Lockdown One

 

House Prices in Bromley

The average house price in Bromley is £495,550.

House prices in Bromley have:

  • Risen by 8.7% or £39,742 over the last twelve months

  • Risen by 1.5% or £7,383 in the last month

  • Risen by 14.9% or £64,250 since the start of Lockdown One

  

House Prices in Lewisham

 The average house price in Lewisham is £446,546.

House prices in Lewisham have:

  • Risen by 0.5% or £2,061 over the last twelve months

  • Fallen by 2.6% or £11,942 in the last month

  • Risen by 8.2% or £33,733 since the start of Lockdown One

 

House Prices in Redbridge

The average house price in Redbridge is £480,318.

 House prices in Redbridge have:

  • Risen by 7.7% or £34,284 over the last twelve months

  • Risen by 0.6% or £2,787 in the last month

  • Risen by 14.3% or £59,954 since the start of Lockdown One

 

House Prices in Hounslow

 The average house price in Hounslow is £428,483.

House prices in Hounslow have:

  • Fallen by 0.4% or £1,804 over the last twelve months

  • Risen by 0.4% or £1,519 in the last month

  • Risen by 4.6% or £18,830 since the start of Lockdown One

 

House Prices in Hillingdon

The average house price in Hillingdon is £459,565.

House prices in Hillingdon have:

  • Risen by 7.8% or £33,173 over the last twelve months

  • Risen by 1.4% or £6,153 in the last month

  • Risen by 12.5% or £50,903 since the start of Lockdown One

 

House Prices in Greenwich

The average house price in Greenwich is £434,433

House prices in Greenwich have:

  • Risen by 7.4% or £29,861 over the last twelve months

  • Risen by 0.8% or £3,436 in the last month

  • Risen by 10.1% or £39,736 since the start of Lockdown One

 

House Prices in Enfield

The average house price in Enfield is £449,967.

House prices in Enfield have:

  • Risen by 7.0% or £29,440 over the last twelve months

  • Risen by 3.3% or £14,524 in the last month

  • Risen by 14.6% or £57,173 since the start of Lockdown One

 

House Prices in Croydon

 The average house price in Croydon is £417,947.

 House prices in Croydon have:

  • Risen by 6.1% or £24,164 over the last twelve months

  • Risen by 1.3% or £5,331 in the last month

  • Risen by 13.1% or £48,550 since the start of Lockdown One

 

House Prices in Sutton

The average house price in Sutton is £424,726.

House prices in Sutton have:

  • Risen by 7.6% or £30,127 over the last twelve months

  • Fallen by 0.4% or £1,575 in the last month

  • Risen by 13.2% or £49,455 since the start of Lockdown One

  

House Prices in Newham

The average house price in Newham is £407,474.

House prices in Newham have:

  • Risen by 4.3% or £16,961 over the last twelve months

  • Fallen by 0.8% or £3,426 in the last month

  • Risen by 10.1% or £37,392 since the start of Lockdown One

 

House Prices in Havering

The average house price in Havering is £425,898.

House prices in Havering have:

  • Risen by 10.6% or £40,670 over the last twelve months

  • risen by 3.5% or £14,269 in the last month

  • Risen by 16.8% or £61,248 since the start of Lockdown One

 

House Prices in Bexley

The average house price in Bexley is £392,155.

House prices in Bexley have:

  • Risen by 9.2% or £33,163 over the last twelve months

  • Fallen by 0.3% or £1,091 in the last month

  • Risen by 15.6% or £53,045 since the start of Lockdown One

 

House Prices in Barking and Dagenham

The average house price in Barking and Dagenham is £336,126.

House prices in Barking and Dagenham have:

  • Risen by 8.3% or £25,672 over the last twelve months

  • Fallen by 2.9% or £9,939 in the last month

  • Risen by 12.0% or £35,960 since the start of Lockdown One


UK average house prices

Graph chart showing latest average uk house prices twindig anthony codling


To read our analysis of UK house prices by region click on the link below

Anthony Codling
CEO, Twindig

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