Revealed: The London Boroughs With The Highest House Price Increases
Estate Agents Douglas & Gordon have compared average costs to reveal where property prices in London have grown the most in 10 years.
According to their research, house prices have soared almost 60% in the last decade, from £172,000 just over 10 years ago to an average of £275,000 today. Every part of the country has seen prices rise by at least 15% in the same period.
In some areas, property appreciation has occurred almost nine times quicker than in the slowest growing areas, indicating a significant difference in the behavior of property markets across regions of the UK.
By analyzing ONS house price data from Q1 2010 to Q4 2021 the team were able to find out which regions and areas of the London and the UK have seen the most dramatic property price growth in the last eleven years.
London Boroughs With The Highest House Price Increase
Every London borough has seen a notable boost in property prices, with every council experiencing at least a 66% climb. However, thirteen boroughs, mainly in Outer London, have witnessed a doubling in average house prices, the ten highest being:
| Borough | Average House Price in Q1 2010 | Average House Price in Q4 2021 | % House Price Increase |
| Waltham Forest | £220,000 | £505,000 | 130% |
| Barking and Dagenham | £160,000 | £338,500 | 112% |
| Lewisham | £220,000 | £465,000 | 111% |
| Newham | £205,000 | £428,000 | 109% |
| Redbridge | £235,000 | £490,000 | 109% |
| Haringey | £266,000 | £553,000 | 108% |
| Merton | £260,000 | £540,000 | 108% |
| Hackney | £280,000 | £580,000 | 108% |
| Harrow | £265,000 | £547,000 | 106% |
| Enfield | £227,000 | £460,000 | 103% |