£10k per square metre for Kensington house

New figures show how much one square metre of property in London costs. Credit: Credit: PA

A home buyer in Kensington and Chelsea faces paying more than £10,000 just to own one square metre of the property, research by Halifax has found.

The borough was found to be Britain's most expensive place to buy a property on a per square metre basis with an average price of £10,854 per m2. Eleven London boroughs have an average price in excess of £5,000 per m2.

The top 20 most expensive areas in the country are all in London. Credit: PA

The top 10 most expensive areas in the country are all in the capital, they are:

  • 1) Kensington & Chelsea

  • 2) Westminster

  • 3) Hammersmith and Fulham

  • 4) Camden

  • 5) Islington

  • 6) Wandsworth

  • 7) Hackney

  • 8) Richmond upon Thames

  • 9) Southwark

  • 10) Lambeth

Here's the complete borough-by borough breakdown for London, along with the price per square metre.

  • Barking and Dagenham - £2,339

  • Barnet - £4,303

  • Bexley - £2,508

  • Brent - £4,404

  • Bromley - £3,292

  • Camden - £7,794

  • City of London - No Data

  • Croydon - £2,860

  • Ealing - £4,375

  • Enfield - £3,272

  • Greenwich - £3,212

  • Hackney - £5,418

  • Hammersmith and Fulham - £7,804

  • Haringey - £4,756

  • Harrow - £3,720

  • Havering - £2,581

  • Hillingdon - £3,323

  • Hounslow - £3,633

  • Islington - £6,868

  • Kensington and Chelsea - £10,854

  • Kingston upon Thames - £4,248

  • Lambeth - £5,108

  • Lewisham - £3,747

  • Merton - £4,334

  • Newham - £2,857

  • Redbridge - £3,081

  • Richmond upon Thames - £5,391

  • Southwark - £5,111

  • Sutton - £3,118

  • Tower Hamlets - £5,098

  • Waltham Forest - £3,417

  • Wandsworth - £5,971

  • Westminster - £8,925