We took all property sales over the past year of available data (July 2012 - July 2013) and calculated the average property price for each of London's boroughs. With that we created a league table of all of London's 32 boroughs ranked by the average property sale price of the past year.
Let's take a look at the table:
|1||Kensington and Chelsea||£1,445,075|
|4||Hammersmith and Fulham||£671,575|
|5||Richmond upon Thames||£615,208|
|10||Kingston upon Thames||£420,278|
|32||Barking and Dagenham||£176,011|
This includes all private property transactions from July 2012 to July 2013 all properties from flats to detached houses.
The table then works its way down to mostly suburbs where property prices aren't quite so scary. Barking and Dagenham is at the bottom with average property prices of £176,000.
Let us know where you fall in this average price list of boroughs. Did you get your property for more or less than the average?