Newham, Hackney and Tower Hamlets lead the league table of London boroughs with the highest price rises over the last 10 years.

Newham, the proposed home of the London Olympic Games, as well as the setting for the TV show Eastenders, has seen house prices rise by a staggering 303% since 1995, from £48,380 to £194,979 - a four fold increase. Next comes Hackney (rising 247% or three and a half times) and Tower Hamlets (243%), again East End boroughs.

Average house price rises for London Boroughs Ten years of growth 1995 2005Q1 % Gain Newham £48,380 £194,979 303.0 Hackney £69,911 £242,806 247.3 Tower Hamlets £75,762 £259,923 243.1 Waltham Forest £57,690 £197,616 242.5 Brent £76,663 £254,442 231.9 Barking & Dagenham £50,375 £165,547 228.6 Wandsworth £108,078 £348,781 222.7 Lewisham £61,049 £196,271 221.5 Redbridge £74,666 £239,692 221.0 Lambeth £78,513 £249,683 218.0 Merton £93,609 £294,443 214.5 Haringey £86,313 £269,504 212.2 Southwark £85,716 £265,333 209.5 Harrow £89,207 £272,182 205.1 Croydon £72,647 £220,686 203.8 Kensington & Chelsea £224,329 £680,725 203.4 City of Westminster £174,692 £528,394 202.5 Barnet £106,989 £315,138 194.6 Ealing £91,085 £267,223 193.4 Greenwich £73,679 £214,765 191.5 Kingston upon Thames £94,752 £275,262 190.5 Bromley £92,231 £264,940 187.3 Bexley £67,058 £191,766 186.0 Enfield £79,039 £225,238 185.0 Havering £75,259 £214,429 184.9 Camden £145,397 £410,971 182.7 Islington £114,826 £324,112 182.3 Sutton £76,111 £214,703 182.1 Hillingdon £80,619 £225,552 179.8 Hammersmith & Fulham £133,015 £368,470 177.0 Richmond upon Thames £135,437 £368,484 172.1 Hounslow £89,844 £242,745 170.2

At the other end of the scale, the West London borough of Hounslow has the accolade of having the lowest average house price rise since 1995, a modest 170% - still increasing 2.7 times! Others laggards, at least by Newham standards, are Richmond (172%) and Hammersmith & Fulham (177%).

This research, commissioned by home search company, County Homesearch London, is based on official Land Registry figures, comparing average house prices in 1995 Q1 to 2005 Q1 for each of London’s 33 boroughs.

The most expensive borough, Kensington & Chelsea, with a current average house price of £680,725 has seen house prices rise by 203%, over the last ten years, a threefold increase on the average price of £224,329, recorded back in 1995. The borough with the lowest average house price, Barking & Dagenham, is sixth in the league table, seeing house prices rising 229%, from £50,375 to £165, 547. 

Arabella Pappini, director of County Homesearch London, comments: "The biggest house price risers are the central East End boroughs of Newham, Hackney and Tower Hamlets to where people have flocked to escape the relatively high house prices elsewhere in the capital. With their good access to the City, these areas were ripe for regeneration and were ready to start the race to catch up with the rest of London."

"By contrast the well established and well heeled West London boroughs of Hounslow, Richmond and Hammersmith & Fulham, have seen the most modest rises, in part explained by the fact that they were already very expensive boroughs 10 years ago."

"What’s more, large tracts have poor transport links to central London. The average price of these boroughs back in 1995 (£119,432) is over double the average price of their East End counterparts (£51,351)."

"However, the most expensive boroughs back in 1995 were Kensington & Chelsea (£224,329) and City of Westminster (£174,829), have matched average London house price rises of 200%, reflecting the sustained popularity of living in these centrally located areas, particularly sought after by wealthy foreign home buyers."