House Prices · Greater London

London House Prices

14,985 sales analysed · HM Land Registry

The average sold house price in London is £694,291 over the last 12 months, based on 14,985 HM Land Registry transactions — 98% above the England & Wales average.

Median price£518,000
Average price£694,291
Year-on-year-5.8%
Sales (12mo)14,985

Over the last 12 months, 14,985 homes sold across London, at a median sold price of £518,000. That's down 5.8% on the year before. Flat / Maisonette homes account for the largest share of recent sales. That puts London 98% above the England & Wales average of £350,905. The gap between the £518,000 median and £694,291 average points to a tail of high-value sales pulling the average up.

Prices by property type

HM Land Registry

London is predominantly a flat / maisonette and terraced market. Each bar shows the median sold price by type, and how it compares to the London median.

Flat / Maisonette9285 £445,000-14%
Terraced3944 £706,500+36%
Semi-detached1088 £810,000+56%
Other455 £575,000+11%
Detached213 £1,147,500+122%

Price growth in London

HM Land Registry

A typical London home is worth about £188,000 more than 15 years ago — up 57%.

£330k15y ago£492k10y ago£550k5y ago£518know

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Source: HM Land Registry Price Paid Data, Open Government Licence v3.0. Contains public sector information licensed under the OGL v3.0. Figures exclude commercial and some non-standard transactions; England & Wales only.