The Kensington & Chelsea Property Group

Five London boroughs with the highest average rent

• Westminster: £2,115
• Lambeth: £2,022
• Camden: £1,991
• K & C, H&F: £1,964
• Tower Ham : £1,670
• Average rent in London is £1,564

Five London boroughs with the lowest average rent

• Croydon: £1,102
• Barking, Dagen: £1,184
• Redbridge/Wal F: £1,241
• Bexl/Gren: £1,262
• Bromley: £1,290

Boroughs with the highest annual variance

• K & C, H & F: 8.9%
• Ealing: 5.1%
• Enfield: 3.1%
• Barking/Dag: 2.7%
• Brent: 2.4%

Boroughs with lowest annual variance

• Haringey/Isling: -8.7%
• Hackney/Newh: -6.1%
• Kingst/Mer/Sutt: -5.1%
• Tower Hamlets: -4.7%

Sales

• London is still the most expensive part of the country per m2. Nat. Average:
• 1997: £672
• 2017: £2,260 (236%)
• London increase is 402%. Hackney
• 1997: £814
• 2017: £6,492 (753%)

Sales

• The price of property coming to market is up by 1.1% (+£7,017) this month
• Rise driven by 2.6% uplift in Inner London, more than offsetting 0.4% fall in Outer London. Although outer still outperforms inner over past 12 months

Sales

• Annual rate remains muted at +0.9%, with more expensive £700k+ boroughs being the main drag on London’s year-on-year price performance
• Westminster/K&C/H&F/Isl/Rich/Wands - all recorded price falls.
• Camden only borough rising.

Sales

• Prices are rising rapidly in cheaper boroughs - demand (2 bed, 3 bed houses)
• This demand in the cheaper boroughs is driving falls in more expensive areas

Sales

• See Handouts

Rental /Sales info

• HomeLet Rental Index
• Halifax Sales Index
• Rightmove Quarterly Index

Deal Of The Month

• Maximum 5 mins
• Why you chose deal?
• How you structured it?
• Things you would do differently?
• Audience Decide
• Prize; Champagne/Whole Foods