House prices in Westminster and Kensington and Chelsea have increased by more than any other part of England and Wales in the past 20 years.

According to house price figures from the Land Registry, the average price in both boroughs in 2014 was over seven times greater than the average price in 1995.

The average price paid for a house in Kensington and Chelsea last year was £1,959,806 - the highest average price for anywhere in England and Wales but in 1995 the average was £277,907 which was, again, the most expensive average house price in the country that year.

If the 1995 price had risen in line with inflation then the average price paid in 2014 would have been £482,474, four times less than the actual average price paid in 2014.

There was a similar pattern in Westminster ’s house prices which rose from £190,760 in 1995 to £1,413,788 in 2014. Had prices in the borough risen with inflation they would only be £331,179 today.

Hammersmith and Fuham comes in with the fifth highest price hike since 1995, with average prices rising from £147,715 in 1995 to £861,251 in 2014 - 5.8 times that of 1995. Brighton and Hove and Camden come in at third and fourth.

Across the whole of England and Wales the average price paid for houses has increased by 3.8 times since 1995.

In 2014 the average price paid was £259,308, up from £68,719 in 1995.

If house prices had risen at the same speed as inflation since 1995 the average price paid last year would have been £119,303, less than half the actual price paid.

House prices for all of west London

Borough 1995 average price 2014 average price Number of times higher
Westminster £190,760 £1,413,788 7.4
Kensington and Chelsea £277,907 £1,959,806 7.1
Hammersmith and Fulham £147,715 £861,351 5.8
Brent £89,152 £458,648 5.1
Ealing £101,116 £503,251 5.0
Hounslow £97,915 £424,558 4.3
Harrow £98,152 £422,612 4.3
Hillingdon £90,897 £341,561 3.8