Kensington

The average cost of buying in London reaches £488,000

New figures reveal the average cost of buying a London home has risen by more than 10 per cent in a year to £488,782 - compared to the average across England and Wales of £183,861.

The Land Registry report, recording transactions during the month of July 2015, lists Hillingdon as the capital's fastest-growing borough, with average prices up 14.6 per cent, while Camden recorded the lowest annual growth. Kensington & Chelsea remains the most expensive prime central London area, with the average home now priced at £1.35 million.
 

The average cost of buying in every London borough

The latest Land Registry data reveals the average cost of buying a London home has risen by 10.9 per cent in the past year to £474,544.

The east London borough of Newham recorded the highest annual price growth of 17.2 per cent, while Kensington and Chelsea recorded the lowest. Once again, Hackney is the capital's rising star month-on-month, with a jump of 2.1 per cent taking average prices to £616,004.

Barking and Dagenham remains the most affordable borough to buy a home, with an average price of £274,173.
 

New figures reveal London's fastest growing boroughs

The latest Land Registry data reveals the average cost of buying a London home has risen by more than 11 per cent in the past year to £462,799. London's Olympic borough, Newham, recorded the largest annual price growth of 19.8 per cent, while Kensington and Chelsea recorded the lowest annual growth over the past 12 months. Barking and Dagenham remains the most affordable borough to buy a home, with an average price of  £274,467.
 

Four new areas join London's property postcode rich list

Over the past year four more areas — Vauxhall and Nine Elms, Victoria and Pimlico, Hampstead, and Holland Park and West Kensington — have joined that elite group of London postcodes where homes cost an average of £1,000 a square foot.

A masterclass in space creation

A once-poky, dingy, dark mews studio flat, now a space-efficient ‘Tardis’ that oozes glamour, is testament to the skill of its architect owner.

Kensington for first-time buyers

New Kensington scheme Portobello Square will include shops, restaurants and shared-ownership homes, discovers Ruth Bloomfield