Sharp rise in house prices: Borough-by-borough breakdown
London house prices leapt by 11.2% during 2013, an increase which is more than double the national average.
Figures from the Land Registry show across England and Wales, property prices grew by 4.4% in the 12 months to December to reach £167,353 on average. But in London, the price of a property now stands at around £403,792.
Values in Hackney, which helped to host the London 2012 Olympics, are almost one fifth higher than they were a year ago, now standing at £502,129 on average.
Here's a full borough-by-borough breakdown of the figures:
BARKING AND DAGENHAM
Monthly change: 1.3%
Annual change: 10.4%
Average price: £228,199
BARNET
Monthly change: 1.3%
Annual change: 7.8%
Average price: £391,693
BEXLEY
Monthly change: 1%
Annual change: 6.7%
Average price: £240,104
BRENT
Monthly change: 0.2%
Annual change: 6.9%
Average price: £359,259
BROMLEY
Monthly change: 1.2%
Annual change: 9.1%
Average price: £320,932
CAMDEN
Monthly change: 0.5%
Annual change: 8.6%
Average price: 683,390
CITY OF LONDON
Monthly change: n/a
Annual change: n/a
Average price: n/a
CITY OF WESTMINSTER
Monthly change: 1.3%
Annual change: 12.3%
Average price: £863,496
CROYDON
Monthly change: 0.9%
Annual change: 6.6%
Average price: £268,147
EALING
Monthly change: 0.4%
Annual change: 7.9%
Average price: £370,087
ENFIELD
Monthly change: 0.3%
Annual change: 8.1%
Average price: £279,836
GREENWICH
Monthly change: 0.6%
Annual change: 8.2%
Average price: £289,090
HACKNEY
Monthly change: 2.6%
Annual change: 17.2%
Average price: £502,129
HAMMERSMITH AND FULHAM
Monthly change: 1.9%
Annual change: 15.3%
Average price: £659,798
HARINGEY
Monthly change: 1.8%
Annual change: 12.1%
Average price: £416,773
HARROW
Monthly change: 0.4%
Annual change: 2.3%
Average price: £312,625
HAVERING
Monthly change: 0.6%
Annual change: 3,9%
Average price: £267,780
HILLINGDON
Monthly change: 0.9%
Annual change: 6.4%
Average price: £280,964
HOUNSLOW
Monthly change: 0.1%
Annual change: 9.6%
Average price: £312,732
ISLINGTON
Monthly change: 1.8%
Annual change: 12.5%
Average price: £565,551
KENSINGTON AND CHELSEA
Monthly change: 0.5%
Annual change: 10.4%
Average price: £1,191,239
KINGSTON UPON THAMES
Monthly change: 0.6%
Annual change: 7.2%
Average price: £350,307
LAMBETH
Monthly change: 1.1%
Annual change: 15.1%
Average price: £429,522
LEWISHAM
Monthly change: 1.1%
Annual change: 12.5%
Average price: £313,516
MERTON
Monthly change: 0.1%
Annual change: 9.4%
Average price: £385,583
NEWHAM
Monthly change: 0.6%
Annual change: 3.8%
Average price: £235,688
REDBRIDGE
Monthly change: 0.5%
Annual change: 8.5%
Average price: £312,773
RICHMOND UPON THAMES
Monthly change: 0.8%
Annual change: 8.6%
Average price: £524,765
SOUTHWARK
Monthly change: 1.2%
Annual change: 12.4%
Average price: £445,589
SUTTON
Monthly change: 0.2%
Annual change: 6%
Average price: £266,671
TOWER HAMLETS
Monthly change: 1%
Annual change: 9.2%
Average price: £395,876
WALTHAM FOREST
Monthly change: 1.4%
Annual change: 16.2%
Average price: 292,137
WANDSWORTH
Monthly change: 1.6%
Annual change: 16.4%
Average price: £489,206
READ MORE: Wrecked home on sale for £50m, with £20m of repairs