Prices continue to boom in London rising by near three percent in August

News at Eden Harper | 07/10/2014


House prices continued to rise in August, with the Land Register confirming that the average UK home hit £177,824 – an increase of one percent over the month - or £1,761.

The boom was even more pronounced in London, with the average price now standing at £467,070. This means that Londoners saw their properties rise in value by £12,279 on average – or 2.7 percent in August.

The figures show that London’s market has consistently broken away from the rest of the field, with prices soaring at double the rate of the rest of the country. The Land Registry numbers are based on actual house sale prices and are viewed as the best measure in terms of where prices are.

News from the other indices has been more mixed – but have generally shown house prices increasing. Property data firm Hometrack, is an exception to this – it claimed that prices were flat in September. However, the Land Registry is yet to record any such flattening.

From March 2013 to June 2013 there was an average of 59,556 sales per month. In the same months a year later, the figure was 71,426.

For more information click on the source below:

This is Money

During the current lockdown our offices are open but with skeleton staff only for prebooked appointments. Face to face appointments are strictly limited and contact should be by email. All other members of staff are working from home. Please go to our contact page for the relevant office/department. Existing tenants please click on Property Management in the main menu above for email addresses.

All persons attending pre scheduled appointments are required to wear face masks and observe social distancing measures. We ask this to help protect both themselves and our staff.


In the event of a Property Management emergency, please call our Battersea office on 020 7720 1116 where one of our property managers will assist you or an answer phone message will provide you with details of our emergency contractor.

Covid 19 Information Hide