House prices in Kingston upon Thames rose sharply during the month of Chancellor Rachel Reeves' Autumn Budget, contrasting with wider uncertainty across parts of the UK housing market.

New figures from the Office for National Statistics (ONS), analysed by estate agent Purplebricks, show that the average property price in Kingston increased by £19,541 in November 2025, taking the typical home value to £582,206.

A typical two-bedroom flat in Kingston's Queenshurst development is currently on the market for around £615,000.

Kingston was one of the strongest-performing areas in the country over the month, ranking second only to the City of London for price growth.

While average UK house prices rose modestly by 0.3% during November, performance varied widely by region.

Parts of southern England, including the Southeast as a whole, saw prices fall, with the region down 0.8% over the month.

However, Kingston's rise contrasted with losses seen in several other London boroughs.

Westminster recorded the largest monthly fall in the capital, down more than £26,000, while Camden, Haringey and Richmond upon Thames also saw notable declines.

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London overall performed better than expected, with average prices in the capital rising 1.3% during the month, despite uncertainty ahead of the Chancellor's Budget on 26 November.

Tom Evans, sales director at Purplebricks, said the housing market is expected to remain resilient in 2026, helped by a base rate cut to 3.75% before Christmas and upcoming plans to simplify mortgage rules for first-time buyers.

Despite concerns over future tax changes, including a planned high-value council tax surcharge on homes worth more than £2 million, the outlook for 2026 is expected to remain positive.

For Kingston homeowners, November's figures suggest the borough remains one of London's most robust property markets, even as wider economic pressures continue to weigh on confidence elsewhere.