London house prices: Newham tops Land Registry list of 10 boroughs with the fastest growth rate

House prices are on the up in Newham and nine other booming boroughs across the capital. Find out where...
Newham has held on to first place in the list of London's top 10 boroughs with the fastest-rising house prices, new Land Registry figures reveal.

With prices up 17.5 per cent over the past year and by 1.6 per cent last month, the east London borough is showing continued growth. Home to the Olympic Stadium - and due to become a high-speed train hotspot with the advent of Crossrail in 2018 - Newham now records an average property price of £301,368.

The top 10 list features an even split of boroughs north and south of the river.

In the south, Lewisham is down just one spot to third place, overtaken by Croydon in the south-west, which has jumped four places to number two, with the cost of buying a home up 15.9 per cent to an average £334,729.

READ MORE: LONDON'S 10 FASTEST GROWING BOROUGHS


Bexley, one of only two boroughs where the average house costs less than £300,000, has moved up three spots to seventh place, with 14.1 per cent growth.

New entry Sutton joins the list in sixth place, recording annual growth of 14.5 per cent. It replaces the south-east borough of Bromley in the top 10, where house prices are down 0.2 per cent month-on-month, bringing annual average growth to 13.1 per cent. 

Enfield is the fastest-growing north London borough, recording an annual change of 15.1 per cent.

WATCH VIDEO: LONDON'S TOP PERFORMING BOROUGHS
 

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