Average price in four London boroughs over £1million

10 Belgrave Square in Central London, which went on sale for £100 million in 2009 Credit: Tim Ireland/PA Archive

Property in four London boroughs now have an average asking price of over £1million.

  • £1,602,980 - City of Westminster saw an increase of 11.9% in October

  • £2,410,474 - Property in Kensington and Chelsea rose by 11.8%

  • £1,092,840 - A house in Hammersmith and Fulham has gone up by 11.8%

  • £1,014,457 - Camden has seen a relatively modest rise of 4.4%

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10% London house price rise

Asking prices in London saw a 10% rise this month. Property experts say the increase is "unsustainable" and partly fuelled by foreign investors snapping up fresh stock.