Latest data from the Land Registry has revealed that the average home price in Ealing increased by 31.1% over the past decade. The cost to buy a residential property in the borough rose from an average of £413,242 in November 2014 to £541,772 in November 2024.
Neighbouring borough Hillingdon saw a 44.42% increase during the same period with the average home jumping from £321,914 to £465,231 while Brent increased by 32.13% from £412,969 to £545,671.
Hounslow saw a similar percentage increase to Ealing with a 31.4% increase from £345,727 in 2014 to £454,269 in 2024 while in Hammersmith and Fulham there was a decrease of 4.66% with the price of the average home dropping from £746,424 in 2014 to £711,657 in 2024.
Overall in London, the borough that saw the highest price percentage increase was Barking and Dagenham with 58.58% over the decade from £216,631 to £343,528.
The property prices data was number crunched by Bridging Finance London.
A Bridging Finance London spokesperson told EALING.NEWS of the findings: “In London, Ealing falls in the middle of the ranking at 19, with properties seeing a 31.1% increase in value over the past 10 years. Nationally, it ranked 337 out of 360 local authorities.”
They added: “While properties in Ealing have increased in value, the property market is subject to many of the same issues as London as a whole. As a result, the appeal for homebuyers has not significantly increased, with property values stagnating compared with the rest of the UK.”
