Average detached house price and annual percentage change in London 2023, by borough
The average price of a detached house in Camden, London's second most expensive borough, rose by nearly four percent in August 2023. Homebuyers in Camden spent on average approximately 3.5 million British pounds. Despite a decline in property prices of nine percent, Kensington and Chelsea remained the priciest London borough for residential property. Detached houses are those that are not attached to any other dwellings. Finding such property available for purchase in London is not only hard but out of reach for the vast majority.