House Prices · Greater London

London House Prices

18,417 sales analysed · HM Land Registry

The average sold house price in London is £724,149 over the last 12 months, based on 18,417 HM Land Registry transactions — 103% above the England & Wales average.

Median price£525,000
Average price£724,149
Year-on-year-4.5%
Sales (12mo)18,417

Over the last 12 months, 18,417 homes sold across London, at a median sold price of £525,000. That's down 4.5% on the year before. Flat / Maisonette homes account for the largest share of recent sales. That puts London 103% above the England & Wales average of £356,993. The gap between the £525,000 median and £724,149 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 / Maisonette11292 £450,000-14%
Terraced4908 £720,000+37%
Semi-detached1361 £825,000+57%
Other575 £575,000+10%
Detached281 £1,240,000+136%

Price growth in London

HM Land Registry

A typical London home is worth about £195,000 more than 15 years ago — up 59.1%.

£330k15y ago£490k10y ago£550k5y ago£525know

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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.