London property house prices
Property prices in London have rocketed in recent years off the back of intense demand and a shortage of housing supplyGetty

House prices are rising faster in Lewisham than any other borough in London, according to analysis of Land Registry data by the estate agent Chestertons. Prices in the borough rose on average by £385 a day during the first three months of 2016.

Bottom of the list was Bromley in the south east of London, where prices rose an average of £58 a day during the same period. House prices have risen sharply in the city over the past few years as intense demand from domestic buyers and foreign investors has resulted in a shortage of supply. Housebuilding in the city is also running at around half the level needed to meet demand.

"There's been a lot of negative talk of markets softening and prices set for serious falls, if not a full-on crash, but the doomsayers are conveniently overlooking really strong buyer demand in the first three months of this year," said Guy Gittins, executive director at Chestertons.

"Put simply, there just aren't enough houses on the market to satisfy demand, and when you factor in the rush from landlords trying to beat the 1 April stamp duty surcharge on additional homes, these strong price rises in London since the turn of the year aren't all that surprising."

As prices top out in the traditional, ultra-expensive areas of central London, such as Kensington & Chelsea, buyers are driven further out to areas where there is still value to be found, driving up property values in outer areas, such as Barking & Dagenham.

The Chestertons list of London boroughs in full.

BoroughInner/OuterMarch 2016 avg price (£)Increase per day over Q1 2016 (£)
LewishamInner473,303385
HackneyInner691,969343
Barking & DagenhamOuter330,515293
HillingdonOuter400,254279
BrentOuter493,134278
RedbridgeOuter415,574247
Waltham ForestOuter435,021246
LambethInner608,415243
BarnetOuter511,787238
EalingOuter507,058226
HarrowOuter436,322224
NewhamOuter355,766223
SouthwarkInner621,656223
INNER LONDON BOROUGHS-737,898219
CamdenInner874,301210
WandsworthInner633,121207
LONDON ALL BOROUGHS-534,785197
CroydonOuter379,887196
WestminsterInner1,064,308189
Tower HamletsInner547,916187
OUTER LONDON BOROUGHS-439,039184
EnfieldOuter386,047183
GreenwichInner405,099174
HaveringOuter366,417173
Kingston-upon-ThamesOuter461,587171
Kensington & ChelseaInner1,380,076169
IslingtonInner722,018166
BexleyOuter331,613155
Richmond-upon-ThamesOuter672,262153
Hammersmith & FulhamInner832,590136
SuttonOuter360,135105
MertonOuter517,27188
HounslowOuter415,26782
HaringeyOuter577,30063
BromleyOuter427,56258