Musings of a London Property Search Agent

House prices in most London Boroughs increased during the last 12 months, with 5 boroughs showing house price appreciation around 5% or more, according to the Land Registry which tracks home sale prices across England and Wales.

Musings of a London Property Search Agent

House prices in Kensington and Chelsea rose 9.4% since August last year and Westminster house prices rose 8.4%.  Prices in Brent, where significant monthly price rises and falls have been seen over the last 12 months, rose 5.5% and in Olympic boroughs Hackney and Tower Hamlets average house prices have risen 4.9% and 4.7% respectively.

London as a whole is down 3.2% which just shows how important location really is.  In general the prices in the South East are flat but many of the Home Counties are showing slight growth since the Credit Crunch began.  Desirable areas close to London have fared the best as can be seen below as Kent, Essex, Surrey, West Sussex, Thurrock and Windsor & Maidenhead all show slight house price growth versus a year ago.

So much for the gloom mongers forecasting a house price crash and 20% - 40% drops in a year!

• Essex                                 +0.2%
• Kent                                  +0.3%
• Surrey                               +0.7%
• West Sussex                     +0.5%
• Thurrock                           +1%
• Windsor & Maidenhead    +2.4%

Know your borough!  This London Property Search Agent does!

Technorati Tags: Kensington and Chelsea house prices, Kent house prices, London House Prices, London Property Search Agent, Rising house prices, Surrey house prices, Thurrock House prices, West Sussex house prices, Westminster house prices, Windsor and Maidenhead house prices

Tags: Kensington and Chelsea house prices, Kent house prices, London House Prices, London Property Search Agent, Rising house prices, Surrey house prices, Thurrock House prices, West Sussex house prices, Westminster house prices, Windsor and Maidenhead house prices