London's historic market towns are seeing a sharp rise in popularity, with house prices in several boroughs, including Kingston, climbing well above the capital's average growth, according to a leading property consultancy expert.

This comes following research from Lloyds which found that the average house price in market towns across the UK was £363,456, up 5% in the past year and almost a quarter (24%) in the past five years.

"Figures from the Office for National Statistics (ONS) show that the average London home bought with a mortgage cost £555,000 in May 2025, up just 2.2% year-on-year," Nathan Khider, owner of Nathan K Real Estate, told London World.

He added: "In contrast, areas such as Barking, Bromley, Croydon, and Kingston have recorded annual price increases of up to 9%, driven by a mix of affordability, and lifestyle appeal.

"Buyers are drawn to these market towns not just for their heritage and atmosphere, but for their potential."

Kingston jumped 7.9% to £612,000, led by riverside living and strong family appeal.

Khider said: "Kingston combines good schools, green space, and a lively centre. It's no surprise demand is booming here."