House prices in London
The median home in London has sold for £530,000 over the last three years — well above the ~£290,000 England & Wales average.
Sold prices in London
Based on 215,362 sales recorded in the last three years (HM Land Registry).
The median home in London has sold for £530,000 over the last three years — well above the ~£290,000 England & Wales average. The average of £706,544 sits notably higher than the median, which usually means a tail of larger or higher-value sales pulling the mean up. That's drawn from 215,362 recorded sales — a liquid, actively-traded local market.
London price trend
Quarterly median sold price (smoothed). Hover for the value at any quarter.
Over five years, prices in London have been broadly flat (+2.1%). Across a full decade they are +22.6%. The last twelve months alone: -1.9%.
What it costs to buy in London
From entry-level to premium — where sold prices actually land, not just the headline median.
Homes in London span an unusually wide range: the cheapest tenth of sales went for under £298,000, while the top tenth fetched over £1,200,000. Half of all sales fell between £395,000 and £755,000 — the practical "middle of the market" a typical buyer competes in.
How London compares
Average sold price here against its wider area and England (HM Land Registry UK House Price Index).
At £706,544, homes in London sell for 142% above the England average. Prices here have moved slower than England as a whole over the past year (-1.9% vs +3.9%).
Prices by property type
Median sold price by type across London.
The most-traded type in London is flat / maisonette (113,051 sales, median £446,000), which tends to set the tone of the area. Flats (£446,000) and houses (~£630,791) trade well apart, so the headline figure moves a lot with the mix of what's for sale.
The London market: activity & mix
How busy the market is, and what kind of homes actually change hands.
54% of recent sales in London were leasehold — a substantial leasehold share, so factor in service charges and lease length. New-build made up 5% of sales, a modest amount of new supply.
Where London is
The region outlined on the map — pan and zoom, then search any address inside it for a full report.
Boundary © Office for National Statistics (Open Geography Portal), Open Government Licence v3.0.
Buying in London? Don't offer on the area average.
Area prices set the scene — but the home you're viewing has its own flood risk, energy costs, crime picture, school catchment and fair value. Check the exact address before you commit.
What a full report reveals about a London home
Everything below is analysed for the specific address you search — locked here, unlocked in the report.
What's in a Housometer report
Every section, for any specific home in London.
An evidence-based estimate with a confidence range, every sale since 1995, and the nearest comparables.
EPC rating, floor area, heating type and what the home costs to run.
The exact band for this property and what it costs you each year.
River, sea and surface-water flood risk, with the nearest watercourse.
Subsidence and ground stability, radon potential and coal-mining legacy.
Recent crime in the immediate area, by type and trend, plus road safety.
Road, rail and aircraft noise plus NO₂ and particulate air pollution.
Nearest primaries and secondaries with Ofsted ratings and performance.
Nearest stations, walk times and travel time to your workplace.
Walking distance to shops, GP, gyms, parks and everyday essentials.
Full-fibre and gigabit availability, top speeds and mobile coverage.
Applications at the property and next door, designations, tenure and ownership.
Historic OS maps, the likely build era and a dated timeline of the home’s past.
Local earnings, deprivation, household make-up and who lives nearby.
One-off report for a single property, or go unlimited to check every home on your shortlist across England & Wales.
London house prices — FAQs
Over the last three years the median sold price in London was £530,000, with a mean of £706,544, based on 215,362 HM Land Registry sales.
At a £530,000 median, London is more expensive than the ~£290,000 England & Wales average.
On our smoothed index, London prices have moved -1.9% over the past year. Local trends are noisy, so this is a guide to direction rather than a precise figure.
Of the common types, flat / maisonette have the lowest median at £446,000 (113,051 sales).
Entry-level homes (the cheapest 10% of sales) went for under £298,000, and most buyers competed in the £395,000–£755,000 band. The top 10% of sales exceeded £1,200,000.
Prices in London are +2.1% over the last five years, and +22.6% over ten, on our smoothed index of Land Registry sales.
54% of recent sales in London were leasehold and the rest freehold. Leasehold usually means flats — always check the remaining lease length and any service charge or ground rent before offering.
Area figures set the scene, but every home differs. A Housometer report scores an individual London address across value, energy, flood & ground risk, crime, schools, transport, noise, air and more — search any address to see it.
Sold-price figures derived from HM Land Registry Price Paid Data (© Crown copyright), under the Open Government Licence v3.0; £/m² combines PPD with MHCLG EPC floor areas. Full Housometer reports also draw on HM Land Registry, Ordnance Survey, Environment Agency, VOA, Ofsted, Police.uk, DEFRA, ONS and more. Area figures summarise the market and are not a valuation of any individual home.