UK House Price Index shows widely varying performance in the run up to the EU referendum

The Land Registry has published the latest national updates to the UK House Price Index covering the month of June 2016. The run up to and the aftermath of the EU referendum vote on 23rd June saw price growth in London slow dramatically, with the average residential property price increasing by just 0.2% from May 2016 to £472,204. This represented an annual increase of 12.6% against June 2015.

The rest of the UK was seemingly far less unnerved in the run-up to the referendum vote. The overall average price for a residential property in the UK in June reached £213,927, representing a monthly increase of 1.0% and an annual increase of 8.7%.

Price performance within Greater London was also varied, with the outer South and South East boroughs of Bromley, Bexley and Croydon continuing to perform strongly despite the looming EU poll. Monthly growth rates recorded in these areas were: Bromley +1.2%, Bexley +1.6% and Croydon +1.8%.

A detailed breakdown of the June 2016 price data for the London Borough of Bromley is shown below.

 Property Type

Average Price

Monthly Change

Annual Change

 Flat / Maisonette




 Terraced House




 Semi-detached  House




 Detached House




 All Properties





The House Price Index data is provided by the Land Registry, to find out more about our property services, please phone our office to speak to one of our team on 020 8290 0333, or fill out a contact form in the link below.




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