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House prices in London

Official UK HPI · to March 2026

£542,065 ▼ -2.1% 12 months

The average property in London is worth £542,065, based on official Land Registry data to March 2026.

Average price since 1995

£0k£100k£200k£300k£400k£500k197019801990200020102020

“Real” adjusts every figure for inflation (ONS CPI) into today’s prices.

696 monthly data points · source: UK House Price Index.

Prices by property type

Recent sales

DateAddressPrice
Apr 2026 1159 NEWHAM WAY, E6 5JJ £450,000
Apr 2026 ISLAND HOUSE THREE MILL LANE, E3 3AF £150,000
Apr 2026 15 CELESTIAL GARDENS, SE13 5RP £200,000
Apr 2026 175 MERTON ROAD, SW19 1EE £325,000
Apr 2026 EPPING COURT HIGHWOOD CLOSE, SE22 8NJ £275,000
Apr 2026 1 SPRINGDALE ROAD, N16 9NS £859,649
Apr 2026 14B GRANGE ROAD, NW10 2QU £381,000
Apr 2026 GRAHAM COURT, 7 MYERS LANE, SE14 5RX £195,000
Apr 2026 1 GAUMONT PLACE, SW2 4FX £500,000
Apr 2026 137A MOUNT PLEASANT ROAD, SE13 6HX £380,000

Affordability

A typical home in London costs 11.3× local annual earnings (ONS, latest year). See how London ranks nationally →

Frequently asked questions

What's the average house price in London?
The average house price in London is £542,065, based on the UK House Price Index (Land Registry + ONS) to March 2026.
How have house prices in London changed over the last year?
Average house prices in London have fallen -2.1% over the last 12 months.
How much does a house cost in London by property type?
Latest average prices in London:
  • detached homes: £1,133,210
  • semi-detached homes: £706,966
  • terraced homes: £632,396
  • flats: £419,859
Is London affordable compared with local earnings?
A typical home in London costs 11.3× local annual earnings, per ONS workplace-based earnings data. See how London ranks nationally.
How much does it cost to move home in London?
Moving home in London typically involves conveyancing (~£900–£1,800 inc. VAT and searches), a survey if you're buying (~£400–£1,300 depending on level), and removals (~£400–£1,200 for a 2–3 bedroom move). See our full cost-of-moving-home guide for every line in the bill.