House prices have almost recovered to their pre-recession peak across London.
The average London home price is now just 3% below the January 2008 peak of £352,869, according to figures from the Land Registry. RB Kensington & Chelsea, Westminster and Camden prices are already above their peak levels, with other Boroughs not far away. Hammersmith & Fulham is just 1% away from passing its peak level, and with prices expected to increase by 5-10% this year, all west London boroughs should set new record levels in 2011.
|Borough||Avg Price Now||Previous Peak Avg Price||Difference|
|Hammersmith & Fulham||502,366||506,142||-1%|