East London dominates on annual growth for property values over the last decade
The latest analysis by Foxtons has revealed that, alongside a consistent average annual rate of growth in property values of 1.3% across the capital over the last decade, the east of London dominates when it comes to stand out borough performance – with Redbridge, Havering and Barking and Dagenham topping the table for house price performance.
Foxtons analysed government house price data, looking at the average annual increase in house prices across each London borough over the last 10 years to identify those delivering the strongest long-term performance.
As London’s largest estate agent, Foxtons has an unrivalled view of the capital’s property market and the firm’s latest analysis highlights that, while short-term fluctuations are inevitable, consistent growth over time remains a defining feature of the London market.
The research shows that while 2025 and the start of 2026 have delivered steady growth, amidst uncertainty from developments in the Middle East or the 2025 Budget, the capital has continued to provide homeowners with reliable returns in the long-term. In fact, over the last decade, the average London house price has increased by 1.4% per year, highlighting the importance of long-term perspective when assessing market performance.
At a borough level, Redbridge, Havering and Barking & Dagenham lead the way, with house prices increasing at an average annual rate of 3.6-3.1% over the last 10 years, making them the strongest performing boroughs in London when judged on long-term consistency.
Bexley has also performed strongly, recording average annual price growth of 3.1%, while Sutton and Walton Forest both feature within the top six, each seeing house prices rise by an average of 2.7% per year over the last decade.
Rounding out the top 10 are Bromley and Greenwich, which have recorded average annual growth of 2.4% and 2.2% respectively, followed by Lewisham and Enfield, each achieving 2.1% per year on average.
James Stevenson, Managing Director – Sales at Foxtons, commented:
“London has always been a long-term investment story. While year-on-year house price performance may fluctuate, it’s this long-term consistency that makes London one of the most resilient and attractive global property markets, notably during periods of global uncertainty.
Havering, Bexley and Barking & Dagenham’s performance, in particular, highlights how demand, affordability and lifestyle factors continue to shape the market beyond the traditional prime areas of the capital and, we expect London house prices to continue to post positive growth over the coming years.”
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