House Prices · Greater London

London House Prices

24,485 sales analysed · HM Land Registry

The average sold house price in London is £750,614 over the last 12 months, based on 24,485 HM Land Registry transactions — 107% above the England & Wales average.

Median price£537,000
Average price£750,614
Year-on-year-2.4%
Sales (12mo)24,485

Over the last 12 months, 24,485 homes sold across London, at a median sold price of £537,000. That's down 2.4% on the year before. Flat / Maisonette homes account for the largest share of recent sales. That puts London 107% above the England & Wales average of £363,367. The gap between the £537,000 median and £750,614 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 / Maisonette14730 £450,000-16%
Terraced6664 £740,000+38%
Semi-detached1909 £850,000+58%
Other780 £620,000+15%
Detached402 £1,305,000+143%

Price growth in London

HM Land Registry

A typical London home is worth about £208,000 more than 15 years ago — up 63.2%.

£329k15y ago£488k10y ago£550k5y ago£537know

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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.