Property asking prices see biggest year-on-year jump since 2007
House sellers' asking prices saw their biggest year-on-year jump since 2007 in February. Property website Rightmove says asking prices have risen to £251,964 on average across England and Wales.
The average 11.2% year-on-year increase in London took average prices to £541,313. Here are the prices for each London borough.
BARKING AND DAGENHAM
Average asking price: £243,788
Annual change: 11.2%
BARNET
Average asking price: £618,186
Annual change: 5.1%
BEXLEY
Average asking price: £250,993
Annual change: 10.8%
BRENT
Average asking price: £761,583
Annual change: 12.5%
BROMLEY
Average asking price: £391,521
Annual change: 12.5%
CAMDEN
Average asking price: £1,030,450
Annual change: 11.6%
CROYDON
Average asking price: £344,715
Annual change: 17.2%
EALING
Average asking price: £542,438
Annual change: 16.9%
ENFIELD
Average asking price: £368,316
Annual change: 6.5%
GREENWICH
Average asking price: £324,213
Annual change: 8.8%
HACKNEY
Average asking price: £640,733
Annual change: 14.6%
HAMMERSMITH AND FULHAM
Average asking price: £1,064,891
Annual change: 7.3%
HARINGEY
Average asking price: £545,638
Annual change: -7.9%
HARROW
Average asking price: £389,665
Annual change: 10.7%
HAVERING
Average asking price: £277,727
Annual change: 5.5%
HILLINGDON
Average asking price: £396,343
Annual rise: 8.9%
HOUNSLOW
Average asking price: £581,986
Annual change: 11.6%
ISLINGTON
Average asking price: £724,527
Annual change: 11.2%
KENSINGTON AND CHELSEA
Average asking price: £2,170,691
Annual change: -0.4%
LAMBETH
Average asking price: £573,813
Annual change: 21.1%
LEWISHAM
Average asking price: £425,358
Annual change: 13.6%
MERTON
Average asking price: £535,231
Annual change: 12.1%
NEWHAM
Average asking price: £283,686
Annual change: 16.5%
REDBRIDGE
Average asking price: £321,640
Annual change: 6.4%
RICHMOND UPON THAMES
Average asking price: £805,271
Annual change: 19.1%
SOUTHWARK
Average asking price: £517,734
Annual change: 14.4%
SUTTON
Average asking price: £384,348
Annual change: 11.2%
TOWER HAMLETS
Average asking price: £545,733
Annual change: 29.7%
WALTHAM FOREST
Average asking price: £350,506
Annual change: 16.1%
WANDSWORTH
Average asking price: £807,339
Annual change: 17.6%
WESTMINSTER
Average asking price: £1,501,958
Annual change: 0.5%