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UK Property Price Update

27 January 2020
Land registry (UK HPI)
 
June Av. price
 

Monthly change

12 month

England£251,222+0.3%+1.7%
London£475,458-0.5%-0.2%
Kensington and Chelsea£1,191,616-1.1%-12.6%
City of Westminster£938,596-5.1%-8.8%
  • England house prices grew by 1.7% in the year to November 2019, up from 1.1% in October 2019.
  • The West Midlands was the fastest growing region with annual growth of 4.0%. The lowest annual growth was in the East of England, where prices fell by 0.7% over the year to November 2019, followed by London where prices increased by 0.2% over the year.
  • In London, average house prices increased by 0.2% in the year to November 2019, up from a fall of 0.5% in October 2019.
  • The average property price in the Camden is now £862,799 representing an annual increase of 6.8%.
  • In November 2019, the most expensive area to purchase a property remained Kensington and Chelsea, where the average cost was £1.19 million.
  • Transaction volumes for November are estimated at 102,050, up 1.9% on a year ago, after a monthly increase of 3.2%.

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