Get in touch

Speak to us now on live chat

Speak to someone on the phone

We can call you

Send us an email

Go Back

Call us today:

020 8115 4286

If you wanted to speak to a local expert, please go here to contact a specific branch.

Please provide us with the below details and one of our local experts will be in contact.

Please provide us with the below details and one of our local experts will be in contact.

All done

Thank you for providing us with your contact details, one of our local experts will be in contact.

Get in touch
  • Speak to us now on live chat
  • Speak to someone on the phone
  • We can call you
  • Send us an email
Go Back

Please provide us with the below details and one of our local experts will be in contact.

Go Back

Please provide us with the below details and one of our local experts will be in contact.

Go Back

Call us today:

020 8115 4286

If you wanted to speak to a local expert, please go here to contact a specific branch.

Go Back

All done

Thank you for providing us with your contact details, one of our local experts will be in contact.

Contact UK property: Slough, Luton and other towns near London see highest increase in prices

Fill in the form below to get in touch

Sales or Lettings enquiry

Your Details

We will use your data for the purpose of your enquiry. After we have responded, we would also like to send you emails with information on our other products and services, including our regular newsletter which contains special offers, property photos, hot topics and useful tips.
Please tick this box if you are happy to receive this and remember you can change your preferences at any time. If you would like to know more about how we use your data please visit our Privacy Notice here

All done

We received your message. Our expert local team will review your details and get back to you shortly.

If you need any more information call us on

Contact Office search

Fill in the form below to get in touch

Your Details

We will use your data for the purpose of your enquiry. After we have responded, we would also like to send you emails with information on our other products and services, including our regular newsletter which contains special offers, property photos, hot topics and useful tips.
Please tick this box if you are happy to receive this and remember you can change your preferences at any time. If you would like to know more about how we use your data please visit our Privacy Notice here

All done

We received your message. Our expert local team will review your details and get back to you shortly.

If you need any more information call us on

Buy

Selling

Rent

Landlords

New Homes

Land & Investment

Area Guides

Offices

Contact Us

Award-winning customer service

Rated 4.8 out of 5 by our customers

Established in London since 1856

Local know-how, better results

Main Menu

Award-winning customer service

Rated 4.8 out of 5 by our customers

Established in London since 1856

Local know-how, better results

Damac Tower

Vauxhall, SW8

£1,362,000

Oval Village

Abbeville Road, SW4

£910,000

Request Valuation

UK property: Slough, Luton and other towns near London see highest increase in prices

Towns near London witnessed a sharp increase in house prices, according to data from the Land Registry, a
non-ministerial department of the UK Government that registers the ownership of land and property in England
and Wales.

The increase in prices has been up to 19% in commuter towns such as Slough, Luton and Reading.
While Slough in Berkshire saw the highest annual increase of 19%, with houses being priced typically at about
236,000 (298,915, $338,463) in February, Luton in Bedfordshire saw a jump of 17% with property prices
averaging 169,000, while Reading, also in Berkshire, saw an increase of 14.6%, with an average property price
of 270,000.

The data proves that those interested in buying a house in London but cannot afford it are showing interest in
towns which are within commuting distance from the country’s capital. The Essex borough of Thurrock is one
such place where Londoners are said to be considering purchasing homes as they are more affordable than in
London, while at the same time being close to the city.

The towns in Thurrock include Grays, Tilbury and Purfleet. These are said to have seen an annual price growth of
17.2% in February, with 194,000 being the average house price. These are far lesser than the price of a house
in the capital, where it is averaging 530,368.

David Brown, chief executive of Marsh & Parsons, the London estate agency said: “An overall monthly dip in
property prices in February disguises the fact that the majority of regions are experiencing striking growth. In the
capital, annual growth has climbed to comfortably double the wider England and Wales average,” according to
The Guardian.

The Land Registry data also revealed that house prices in England at Wales averaged 190,275 in February,
marking a 6.1% increase from a year earlier. Pointing out that wages across England and Wales had increased
by just 1.6% in the past year, housing charity, Shelter, warned “these sky-high house prices mean the dream of a
place to call home is fast becoming nothing more than a fantasy”.

Our top properties along the Elizabeth Line Read More
Q2 Market Update from Marsh & Parsons Read More
Mental Health Awareness Week Read More
Spring has sprung at Telferscot Primary Read More
What’s your next career move? Read More
Spring Statement 2022 – What it Means For You Read More
International Women’s Day 2022: Break the Bias Read More
What are tenants looking for in 2022? Read More
Is buy to let a good option in 2022? Read More
Eight spectacular properties to watch out for this autumn Read More

Marsh & Parsons is registered in England (Company No. 05377981) Registered office address: 80 Hammersmith Road, London, W14 8UD (VAT No. GB 842 7959 83) | Copyright © Marsh & Parsons 2018

Client Money Protection is provided by Propertymark. The redress scheme for Marsh & Parsons is The Property Ombudsman Scheme. Calls may be recorded and/or monitored for training and/or data protection purposes. We are members of The Property Ombudsman (TPO), there to protect your interests. We abide by the TPO code of conduct.

We may refer you to recommended providers of ancillary services such as Financial Services and Insurance. We may receive a referral fee for recommending their services. You are not under any obligation to use the services of the recommended provider, which may also be an associated company of Marsh & Parsons.