Property prices rose by fastest rate in December

Written on 27 January 2014 by Alistair Boscawen in Property News

The increase in house prices are in the news again. It's the biggest jump in 4 years!

UK house prices increased at their quickest rate in more than four years in December. According to data from the UK-based Nationwide building society, they rose 1.4 percent in December and were 8.4 percent higher year-on-year.

Prices in London are now some 14 percent above their peak 2007. The price of a typical London home, the report says, is £345,186.

When it comes to regional house price growth, the data showed mixed results, with London and the South East booming and the North, North East of England and Scotland showing low growth.


Image from

Alistair Boscawen

Alistair has 32 years’ experience as an estate agent, starting in the country house department of one of London’s main international agencies before moving to the Knightsbridge house department of the same agency and learning the difference in values between freehold, long lease and short lease houses in Knightsbridge, Belgravia, Chelsea and Mayfair.

All articles by Alistair Boscawen


Housing market to remain open in second lockdown
9 November 2020

The housing market will remain open during the second national lockdown with people still being able to conduct viewings and move house.

Read more
New offices, homes and public space proposed for historic area of Mayfair
10 August 2020

Plans have been submitted to Westminster Council for a mixed development, bringing housing, shops, restaurants and a 31-bedroom hotel to Mayfair. Hopkins Architects, backed by the Duke of Westminster’s property company, Grosvenor, are behind the plans, which would create 14,000m² of office space and 5,000m² of shops and restaurants. The development is proposed for the […]

Read more

Contact Us

+44 (0)20 7730 9253
81 Elizabeth Street, London SW1W 9PG

Get in Touch