London: home prices and housing market

Region · price index through 2026-08

Average house price
£554,430
≈ $742,475
2026-08 · UK HPI
1-year change
−2.2%
Same month last year
5 years / 10 years
+1.6% / +9.7%
Change in the price index
Sales (monthly)
4,309
UK HPI (latest two months are still being counted)
Rank in England
#1 of 9
By price · #9 by growth

Average price by property type 2026-08

Detached
£1,164,439
Semi-detached
£730,580
Terraced
£648,650
Flat / maisonette
£427,310

Price index annual average

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Price index

UK House Price Index (January 2023 = 100), annual average.

Compared with larger areas

AreaAverage price1 year5 years10 years
United Kingdom £273,037 +0.9%+14.4%+37.6%
England £293,525 +0.4%+13.2%+34.4%
London £554,430 −2.2%+1.6%+9.7%

Home prices by local authority in London 33 areas · highest first

Local authorityAverage price1 year5 years10 yearsSales (monthly)
Kensington and Chelsea £1,204,072 −13.8% −23.0% −7.8% 74
City of Westminster £887,206 −14.3% −24.7% −15.4% 104
Richmond upon Thames £813,931 ±0.0% +6.4% +14.5% 138
Camden £798,486 −10.6% −7.0% +4.8% 104
Hammersmith and Fulham £754,825 −5.1% −12.6% −2.8% 107
City of London £726,633 −14.6% −20.3% −13.3% 11
Wandsworth £694,210 −5.3% +0.4% −0.7% 218
Islington £654,286 −8.6% −3.8% −0.6% 106
Haringey £633,221 −1.4% +7.1% +10.8% 100
Merton £623,791 +0.1% +9.2% +14.4% 120
Hackney £619,408 −1.6% −2.6% +13.9% 101
Kingston upon Thames £597,587 +4.9% +12.0% +15.4% 103
Barnet £592,892 −4.4% −1.9% +5.0% 163
Ealing £589,875 +1.8% +9.6% +14.0% 145
Southwark £569,160 −2.1% +5.9% −3.1% 153
Brent £555,687 −0.3% +5.6% +5.2% 99
Lambeth £540,198 −6.5% −2.6% −4.7% 207
Waltham Forest £532,212 +0.7% +11.9% +24.0% 134
Harrow £532,173 −2.5% +6.3% +12.7% 77
Hounslow £528,051 −1.5% +10.9% +16.7% 132
Bromley £520,253 −0.5% +8.5% +15.4% 235
Lewisham £486,416 −1.6% +8.8% +11.9% 166
Redbridge £484,378 −2.8% +9.1% +23.4% 120
Hillingdon £482,137 ±0.0% +11.0% +15.2% 156
Enfield £474,855 +0.8% +5.9% +13.5% 138
Greenwich £462,868 −2.2% +4.7% +15.5% 157
Sutton £458,954 +1.5% +11.2% +20.6% 122
Tower Hamlets £447,950 −13.3% −19.4% −9.1% 118
Havering £444,572 +1.1% +15.1% +25.0% 171
Bexley £414,833 +1.9% +10.6% +26.9% 135
Croydon £396,718 −1.5% +1.9% +5.9% 216
Newham £388,045 −4.7% −5.0% +3.3% 110
Barking and Dagenham £369,881 +4.7% +17.1% +28.7% 69

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Average prices, changes and sales volumes are as published in the UK House Price Index (HM Land Registry and partners). Local authority figures are three-month moving averages. These figures do not represent the sale or appraisal value of any specific property.

Sources: UK House Price Index (HM Land Registry, ONS, Registers of Scotland, LPS Northern Ireland). Compiled by Fudosan Zukan.
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.
Source: Office for National Statistics licensed under the Open Government Licence v.3.0

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