London property prices: See how your borough fares

The average asking house price in London is now £500,000 Photo: PA

The average cost of a property in London has rocketed to a record of £500,000.

The figures released today by property website Rightmove revealed the average asking price in the capital was typically £509, 870.

This figure means London asking prices are more than double the national average, 8.6% higher than a year ago. The property company say the increase is a result of buyer demand exceeding new property supply.

However, not all of the boroughs in the capital have increased. Look below to see how your borough has fared over the last twelve months and the average asking price:

  • Kensington and Chelsea up 13.9% to £2,371,633
  • City of Westminster up 12.1% to £1,669,590
  • Camden up 13.5% to £1,052,183
  • Hammersmith and Fulham up 8.9% to £985,112
  • Brent up 8.0% to £732,587
  • Islington up 7.9% to £720,120
  • Wandsworth up 7.4% to £718,460
  • Richmond-upon-Thames up 3.8% to £717,812
  • Kingston-upon-Thames down by -1.7% to £676,912
  • Barnet up 11.0% to £617,296
  • Hackney up 12% to £601,539
  • Haringey up 11.3% to £601,067
  • Hounslow up 4.4% to £539,807
  • Lambeth up 9.7% to £529,328
  • Ealing up 8.7% to £497,146
  • Southwark up 11.7% to £493,145
  • Merton up 3.4% to £481,096
  • Tower Hamlets down 2.3% to £433,322
  • Lewisham up 4.9% to £384,340
  • Hillingdon up 5.1% to £375,906
  • Bromley up 1.9% to £363,563
  • Enfield up 5.3% to £360,496
  • Sutton up 0.5% to £359,954
  • Harrow up 5.4% to £359,435
  • Waltham Forest up 5.7% to £318,773
  • Greenwich up 7.0% to £309,490
  • Redbridge up 3.9% £307572
  • Croydon up 8.3% to £304,542
  • Havering up 1.0% to £267,095
  • Newham up 1.4% to £247,240
  • Bexley up 1.3% to £227,776
  • Barking and Dagenham up 0.3% to £222,840
  • *City of London was excluded due to the small number of residential properties