Recent reports from Land registry show Hillingdon property prices (which include the following areas; Uxbridge, Hayes, West Drayton, Hillingdon, Ickenham, Ruislip, Northwood and Eastcote) have risen by a further 1.5% in November. This brings the annual increase in sold property prices across the borough to 14.4% up on last year. Currently, the average Hillingdon property is valued at £368,035.
Across London prices rose by 1.6% in November with an average annual increase of 11.2%.
Hillingdon still has the highest increase in property prices across all London boroughs.
London, the South and the East lead the property price increases across the UK with the average house price in England and Wales now £186,325 with an annual increase of 5.6% and a monthly change of 0.4%.
With London and Hillingdon increases outstripping the rest of the country, when London owner occupiers leave London their money will go further when buying property across the rest of England and Wales.
Types of Property
Across the country over the last year Detached Houses are 5.8% up on last year (LY) and Flats (up 5.7%) have outperformed Semis (5.5%) and Terraced (5.2%).
