marketcodeSold price per m²
£6,533/m² 12 months to Apr 2026
53,310 sales
-0.2% over the year to Dec 2025 by the house price index, which follows the same homes over time.
County or region
London property market
Sold £6,533/m² · Median sold £550,106 (53,310 sales) · Index -0.2% y/y · 12 months, sales to Apr 2026
What does London cost?
London: sold price per m² £6,533/m² (12 months to Apr 2026, 53,310 sales). -0.2% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sold price
£550,106 12 months to Apr 2026
53,310 sales
-0.2% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£544,408 12 months to Aug 2026
270,731 listings
-1.8% on the previous 12 months.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 8 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
How does London vary by home size?
Asking price in London runs from £356,524 for 1 bedroom to £1,493,521 for 5+ bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £356,524 | 12 months to Aug 2026 | -4.1% on the previous 12 months | 55582 |
| 2 bedrooms | £488,683 | 12 months to Aug 2026 | -2.6% on the previous 12 months | 97815 |
| 3 bedrooms | £621,094 | 12 months to Aug 2026 | -2.1% on the previous 12 months | 64384 |
| 4 bedrooms | £879,591 | 12 months to Aug 2026 | -1% on the previous 12 months | 29668 |
| 5+ bedrooms | £1,493,521 | 12 months to Aug 2026 | -0.4% on the previous 12 months | 17891 |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is London?
London: new listings 159,606 (12 months to Aug 2026, 159,606 listings). +8.9% on the previous 12 months.
New listings
159,606 12 months to Aug 2026
159,606 listings
+8.9% on the previous 12 months.
Never-reduced cohort: undercounts new listings by the reduction share.
Price reductions
111,125 12 months to Aug 2026
111,125 listings
+15% on the previous 12 months.
Reductions dated by the last reduction; several reductions of one listing count once.
Days to completion
162 days 12 months to Nov 2024
9,471 matched sales
-9.7% on the previous 12 months.
Who is active in London?
2,503 agents listed homes for sale in London; the three largest took 2.8% of the listings.
- Agents active
- 2,503
- Top three agents’ share
- 2.8%
- New homes among listings
- 5.4%
days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.
Where does London rank?
City and County of the City of London leads the 33 local authorities within London for sold price per m², at £12,439/m².
Sold price per m² · local authorities within London
City and County of the City of London leads the 33 local authorities within London for sold price per m², at £12,439/m².
| # | Area | Sold price per m² | Sample | Tier |
|---|---|---|---|---|
| 1 | City and County of the City of London | £12,439/m² | 149 | measured |
| 2 | City of Westminster | £11,187/m² | 1,197 | measured |
| 3 | Kensington and Chelsea | £11,002/m² | 941 | measured |
| 4 | Camden | £10,904/m² | 840 | measured |
| 5 | Hammersmith and Fulham | £9,751/m² | 990 | measured |
Full table: sold price per m² across local authorities within London →
Gross yield, asking basis · local authorities within London
Newham leads the 33 local authorities within London for gross yield, asking basis, at 6.4%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | Newham | 6.4% | 15,165 | measured |
| 2 | Tower Hamlets | 6.3% | 37,624 | measured |
| 3 | Southwark | 6.0% | 22,986 | measured |
| 4 | Wandsworth | 5.8% | 34,359 | measured |
| 5 | Barking and Dagenham | 5.8% | 5,982 | measured |
Full table: gross yield, asking basis across local authorities within London →
Turnover · local authorities within London
Bromley leads the 33 local authorities within London for turnover, at 2.6%.
| # | Area | Turnover | Sample | Tier |
|---|---|---|---|---|
| 1 | Bromley | 2.6% | 3,740 | measured |
| 2 | Richmond upon Thames | 2.5% | 2,190 | measured |
| 3 | Havering | 2.5% | 2,693 | measured |
| 4 | Bexley | 2.3% | 2,386 | measured |
| 5 | Sutton | 2.2% | 1,943 | measured |
Full table: turnover across local authorities within London →
Where next from London?
- EnglandThe wider market this area sits in.
- Barking and DagenhamLocal authority · £5,029/m²
- BarnetLocal authority · £6,931/m²
- BexleyLocal authority · £4,988/m²
- BrentLocal authority · £6,544/m²
- BromleyLocal authority · £6,298/m²
- CamdenLocal authority · £10,585/m²
- City and County of the City of LondonLocal authority · £13,295/m²
- City of WestminsterLocal authority · £14,418/m²
- CroydonLocal authority · £4,870/m²
- EalingLocal authority · £6,525/m²
- EnfieldLocal authority · £6,154/m²
- GreenwichLocal authority · £5,702/m²
Questions about London
- What is the median house price in London?
- Homes in London sold for a median £550,106 over the 12 months to Apr 2026, 53,310 sales. Per square metre that is £6,533/m². Registered completions, not asking prices.
- How have house prices in London changed?
- -0.2% over the year to Dec 2025 by the house price index, which follows the same homes over time.
- How quickly do homes sell in London?
- Homes that were listed and then registered as sold took a median 162 days from first listing to completion, over the 12 months to Nov 2024, 9,471 matched sales.
Everything else about London
- Properties in LondonEvery addressable home with its floor area, tenure and last recorded sale.
- Buildings in LondonFootprints, heights and the units inside them.
- Land and plots in LondonRegistered parcels with their area, tenure and what stands on them.
- Homes for sale in LondonWhat is on the market right now, with the evidence beside each asking price.
- Homes to rent in LondonWhat is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in LondonRegistered completions from Price Paid, newest first.
- Planning applications in LondonWhat was proposed, who decided it and whether it was approved.
- Estate agents active in LondonWho actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Apr 2026 | Apr 2026 | 53,310 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Apr 2026 | Apr 2026 | 53,310 sales |
| Asking price | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 270,731 listings |
| Asking to sold | Portal listings, monthly rollup | 12 months to Nov 2024 | Nov 2024 | 9,471 matched sales |
| New listings | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 159,606 listings |
| Price reductions | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 111,125 listings |
| Days to completion | first listing to registered completion, over the registry-matched subset; not a sell-through rate | 12 months to Nov 2024 | Nov 2024 | 9,471 matched sales |
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.