Price study · Greater London · 2026

Property prices in London.

The median sold price in London is £537,500, -3.3% year on year, across 31,450 HM Land Registry transactions in the last 12 months.

Median sold price
£537,500
Last 12 months · all types
Year on year
-3.3%
Median vs prior 12 months
Recorded sales
31,450
HMLR transactions, 12 months

Sold-price trend

Median sold price over time · monthly · hover or tap the line for the figure
Median sold-price trend for London
MonthMedian sold priceSales
2024-01£573,3003999
2024-02£550,0004555
2024-03£540,5005074
2024-04£550,0004899
2024-05£570,0005591
2024-06£575,0005241
2024-07£585,0006109
2024-08£577,0006509
2024-09£580,0005858
2024-10£585,0007123
2024-11£550,0006115
2024-12£540,0005348
2025-01£560,0005080
2025-02£542,5005223
2025-03£526,00011898
2025-04£560,0002566
2025-05£570,0004002
2025-06£560,0004820
2025-07£590,0005479
2025-08£575,0005049
2025-09£580,0004531
2025-10£550,0004680
2025-11£547,2704116
2025-12£520,0003448
2026-01£530,0002774
2026-02£500,0002499
2026-03£500,0002752
2026-04£510,0002100
2026-05£520,000973
2026-060
2026-070
2026-080

Price by property type

TypeMedianSales
Flat / maisonette £454,000 19,179
Terraced £730,000 8,223
Semi-detached £850,000 2,298
Other £625,000 1,246
Detached £1,355,000 504

Outcodes — highest & lowest

Min 5 sales
Top 5
W1K£3,500,000
W1S£3,030,000
W1J£2,320,000
SW1X£2,175,000
W1G£1,750,000
Bottom 5
SE28£330,000
SE25£375,000
E13£400,000
N9£403,500
SE20£410,000
The spread between the top and bottom postcode district is why street-level valuation beats the city average.

What's selling now vs two years ago

TypeNow2y agoChange
Flat / maisonette 61.0% 63.3% -2.3 pp
Terraced 26.1% 22.3% +3.8 pp
Semi-detached 7.3% 6.2% +1.1 pp
Other 4.0% 6.5% -2.5 pp
Detached 1.6% 1.8% -0.2 pp

Most recent recorded sales

HM Land Registry · addresses abbreviated
OutcodeStreetTypeTenureSoldPrice
E3 Fairfield Road, London Flat / maisonette Leasehold 2026-05-29 £499,999
N12 Thyra Grove, London Flat / maisonette Leasehold 2026-05-29 £500,000
N18 Ladysmith Road, London Terraced Freehold 2026-05-29 £380,000
NW6 Albert Road, London Flat / maisonette Leasehold 2026-05-29 £630,000
N4 Charteris Road, London Terraced Freehold 2026-05-28 £980,000
SE6 Adenmore Road, London Flat / maisonette Leasehold 2026-05-28 £410,000
N1 Wimbourne Street, London Flat / maisonette Leasehold 2026-05-27 £420,000
N4 Woodberry Down, London Flat / maisonette Leasehold 2026-05-27 £900,000
SE16 Rotherhithe Street, London Flat / maisonette Leasehold 2026-05-27 £600,000
SE21 Thurlow Park Road, London Flat / maisonette Leasehold 2026-05-27 £392,500
Editorial deep-dive

Where to look in London

London's median sold price is £555,000 — but the inner-London range runs £430,000 (Stratford) to £1,375,000 (Kensington).

Read the 2026 guide →
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FAQ: property prices in London

What is the average property price in London?

Based on HM Land Registry sold-price data from the last 12 months, the median sold price in London is £537,500 across 31,450 recorded transactions. Prices are -3.3% year on year. See the table on this page for a breakdown by property type.

How much is my property worth in London?

Your specific property's value depends on its size, condition, garden, tenure and exact street. Run a free Offrly valuation — our photo-aware AI combines live comparable listings with hyperlocal sold-price data to give an address-specific estimate in about 30 seconds.

Where does London property-price data come from?

All medians, means and recent sold prices on this page are computed from HM Land Registry Price Paid Data, published monthly under the Open Government Licence v3.0. Offrly adds no markup or adjustment to the raw public figures.

Are property prices rising or falling in London?

Over the last 12 months the London median is -3.3% compared to the prior 12 months. See the 2-year monthly trend on this page for the shape.

Source: HM Land Registry Price Paid Data, licensed under Open Government Licence v3.0. Offrly estimates are indicative market guidance — not regulated valuations and not financial, tax or legal advice.

How these numbers are calculated

Every figure on this page comes from HM Land Registry Price Paid Data (HMLR), licensed under the Open Government Licence v3.0. No assumptions or proprietary models are layered on top — this is unmodified HMLR truth.

  1. Median sold price (hero). The middle value of every London sale recorded in HMLR Price Paid Data over the last 12 months. Median (rather than mean) is used because it isn't skewed by individual high-value sales.
  2. Year-on-year change. Formula: (medianlast 12mo − medianprior 12mo) ÷ medianprior 12mo. Both medians come from HMLR Price Paid Data.
  3. Recorded transactions. Count of HMLR records for London in the last 12 months. The HMLR sale-to-registration lag typically runs 2 weeks to 2 months, so the most recent 1–2 months are necessarily incomplete and may revise upward.
  4. 5-year monthly trend. Median sold price for each calendar month, drawn from HMLR Price Paid Data. Faded bars are months below HMLR's ~4–6 week registration cutoff or before our ingest window starts.
  5. Price by property type. Same median calculation as the hero, grouped by HMLR's property-type code (Detached / Semi / Terraced / Flat / Other). A type-specific median is suppressed when fewer than 5 transactions are recorded for the type so a single sale doesn't dominate the figure.
  6. Postcode breakdown (top / bottom). For each postcode within London, the median of HMLR sales over the last 12 months. Postcodes with fewer than 5 recorded sales are excluded so the leaderboard reflects genuine market segments rather than one-off transactions.
  7. Mix shift (now vs. two years ago). Share of HMLR transactions by property type in the last 12 months minus the share in the 12 months starting 24 months ago. Reported in percentage points (pp).
  8. Recent sold comparables. The 10 most recent records for London from HMLR Open Data. Each row is a real recorded sale; addresses are abbreviated (no house number) for the open dataset.