What is the average house price in Greater London?
£648,875
Average price per property type
Detached
£1,202,752
Semi-Detached
£756,897
Terraced
£748,469
Flats
£509,120
Are prices going up or down?
Short term 📉
Prices decreased by £-49,790 (-7.13%) over the past year
Long term 📈
Prices increased by £114,666 (21.46%) over the past 10 years
Quick answers for Greater London
Start with quick answers below, then open each page for full charts, context, and deeper analysis.
When did average house prices in Greater London reach their peak?
Prices peaked at £788,806 in JUN 2023.
View full price history
How many properties are being sold in Greater London?
72,950 properties sold in the last 12 months, -26,389 (-26.6%) vs the previous 12 months.
View sales volume trendsWhat type of properties are sold in Greater London?
Flats are most common at 51.8% of sales.
View property type breakdownProperty price ranges in Greater London
The most common price range is £500k - £1m at 58.5% of sales.
View price range breakdownWhat is the most expensive (and cheapest) area of Greater London?
Most expensive: London Borough of Richmond upon Thames (£893,553). Cheapest: London Borough of Bexley (£434,838).
View full area rankingMost expensive houses in Greater London 👀
one hyde park apartment b.10.01, city of westminster
Sold in MAY 2018
£160,000,000
one hyde park apartment d.10.01, city of westminster
Sold in APR 2021
£111,000,000
1 grosvenor square, greater london
Sold in OCT 2020
£110,900,000
Data sources
Location boundary data sourced from OpenStreetMap and price information is from HM Land Registry
Last updated at 29 March 2026 at 17:20 with the latest Land Registry data (February 2026). The Greater London dataset covers 327,954 postcodes.