Property prices in Hillingdon rose by an average of 13.1 per cent in 2014, Land Registry figures show.

The average property price in the borough increased from £284,170 in January 2014 to £321,074 in November – the most recent month for which data is available.

The increase is greater than that of the average property price for Greater London during the same period, which was 12.7 per cent, although the average property price for Greater London was £461,453 in November 2014.

According to property firm Zoopla, within the London Borough of Hillingdon property prices in West Drayton grew by the smallest margin in 2014, at 7.9 per cent, while those in Hayes and Yeading experienced the greatest increase, at 10.6 per cent.

The Zoopla data shows that properties in Uxbridge currently have the highest average asking price of anywhere in the borough, at £332,333, while those in Hayes and Harlington have the lowest, at £286,831.

Jeremy Wasden, owner of estate agents Belvoir Lettings, predicted prices in the borough would vary over the near-future, but said they were likely to continue growing in the long-term.

He said: “Population growth continues and we are not building enough dwellings to cater for that growth let so that can only lead to upwards pressure on house prices.”

Meanwhile, rent values in the borough have increased by an average of 5.2 per cent, with the greatest increase being in Uxbridge, at 6.9 per cent, and the lowest in Ickenham and Hillingdon, at 4.4 per cent.

Mr Wasden said: “Student accommodation at Brunel University inflates the average rent. There are a large number of shared student properties in the area which rent for £2,000-£3,000pcm depending on the number of rooms. These properties will tend to be worth more than the average property price and so inflate the figures.

“I would expect the yield to be more consistent with the area average with student property removed.”