Haringey tops chart with house prices up 12.5 per cent

Good news if you’re a home owner in Crouch End, as Haringey performed well in terms of asking prices last month. But actual sales are still falling as stamp duty shocks leave only the most motivated buyers in the market.

Prices reached a new peak in May according to Your Move’s latest House Index, with election campaigning apparently having little impact on price growth across England and Wales.

Haringey saw the biggest rise in asking prices, increasing 12.5 per cent to an average of £645,872, largely spurred on by flat sales.

Meanwhile, bad news for neighbouring Islington which has come bottom of the pile, as prices fell 10.4 per cent to an average of £711,374 compared to last April.

Camden placed third with house prices increasing 3.5 per cent on both a monthly and annual basis with average prices in April at £1.07 million.