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England house prices up 10.7%

21 February 2022
Land registry data (UK HPI)December Av. priceMonthly change12-month
England£293,339+1.1%+10.7%
London£521,146+0.2%+5.5%
City of Westminster£1,031,431+6.2%+15.1%
Kensington and Chelsea£1,374,008+5.2%+2.7%
  • England house prices grew by 10.7% in the year to December 2021, up from 10.5% in November 2021.
  • The South West was the fastest growing region with annual growth of 13.6% in the year to December 2021.
  •  Across England, detached houses showed the biggest increase out of all property types, growing by 15.4% in the year to December 2021 to £468,000.
  • The lowest annual change was in flats and maisonettes, which increased by 5.6% in the year to December 2021 to £245,000.
  • Across England, detached houses showed the biggest increase out of all property types, growing by 13.8% in the year to November 2021 to £456,000.
  • In London, average house prices increased by 5.5% in the year to December 2021, up from 5.1% in November 2021.
  • In December 2021, the most expensive borough to purchase a property was Kensington and Chelsea, where the average cost was £1.3 million.
  • In contrast, the cheapest borough to purchase a property was Barking and Dagenham, where the average cost was £332,000.
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