London house prices - postcode W2 3DP

A Guide To London House Prices By Area

Are you thinking of buying a property in London? Whereas a lot of people have flooded the coast in search of a better life, London remains a desirable choice for many people who want to be amongst the buzz of the capital. To help you get started on your search, here’s a guide to London house prices by area:

 

A Quick Note…

 

The housing market in the UK (2022) is volatile and changeable. Any amounts mentioned below should be taken as a rough guide, and any specific information should be sought from local estate agents. This is especially true in the case of a market crash or economical recession.

 

A Guide To London House Prices By Area

 

As of June 2022 the average house price in London is around £529,829 which includes the price of flats. This is over £200,000 pounds more than the average house price in the UK and has risen by nearly 8% over the last year, a little below the average of 11.9% in average property price growth across all of the UK.

 

A popular newspaper also suggested the following London average house prices for different areas of the capital:

 

Kensington And Chelsea – £1,736,077

Havering – £475,150

Westminster – £1,44,340

Sutton – £540,305

Merton – £716,574

Bromley – £615,304

Barking and Dagenham – £365, 907

Hillingdon – £550,386

Harrow – £621,808

Kingston – £692,018

Waltham Forest – £548,390

Redbridge – £510,191

Bexley – £466,015

Croydon – £488,310

Haringey – £663,498

Barnet – £700,085

Wandsworth – £830,747

Richmond – £922,614

Enfield – £503,096

Islington – £771,669

Greenwich – £484,228

Newham – £455,380

Southwark – £652,140

Ealing – £593,052

Hackney – £680,016

Lewisham – £509,431

Tower Hamlets – £580,978

Hounslow – £583,290

Camden – £1,000,952

Hammersmith and Fulham – £964,916

Brent – £614,062

Lambeth – £661,069

 

 

Trends are suggesting that most areas are seeing a rise in value, although with a potential global recession glooming, that may not last.

 

What’s The Next Step?

 

If you are hoping to move to London, remember that helpful services like budget self storage can help you to live in a smaller property without having to worry about where you put your stuff. Utilising affordable self storage can make owning or renting a property in London more achievable, because you don’t need as much storage space and London self storage is much more affordable than owning or renting in the capital.

 

To take the next step on your journey to buying a house in London speak to a local estate agent who can give you the latest lowdown on prices by area. You may also want to get a valuation on your own property too, so that you know exactly what you need to do to take the next step.

 

 

 

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