Skip to main content
Topics:

London House Prices in October 2016

Written on .

The average property value in London in October 2016 was £474,475, according to the latest UK House Price Index by Land Registry.

The annual price increase was 7.7%. Monthly house prices have fallen by 1.2% since September 2016.

514 properties were repossessed in England, of which were 24 in London.

Average prices by property type in London shows that the average detached house costs £895,564.

The average price for the new builds in London was £565,003.

Sales during August 2016, the most up-to-date Land Registry figures available, show that the number of completed house sales in London fell by 39.3% to 6,607 compared with 10,881 in August 2015.

See the full report here.

 

Please note that all property prices in this article are subject to change. You should always contact the sales representative for the up to date information.

While every effort has been made to ensure the accuracy of the information presented on this page is up to date and correct, Buildington accepts no responsibility for any errors contained in the information, or if the information is not current.

Privacy Policy

Be the first to hear about the upcoming launch events and emerging projects – Buildington’s free ‘Launch Events Weekly’ newsletter is sent out once a week

News & Insights