When did average house prices in Greater London reach their peak? June 2023
Average house prices in Greater London peaked at £789,167 in June 2023, the highest monthly average since January 1995. Across the 12 months to August 2026, the average is £651,235.
- Peak average
- £789,167
- Latest 12-month average
- £651,235
- Data up to
- August 2026
Sold prices from HM Land Registry, not asking prices. How we calculate this
All house prices in Greater LondonWhat was the average house price in Greater London each year?
Average sold price in each calendar year, newest first. 2023 had the highest yearly average of the past 10 years.
| Year | Average price |
|---|---|
| 2026 (to August) | £625,213 |
| 2025 | £678,606 |
| 2024 | £707,915 |
| 2023Highest | £728,834 |
| 2022 | £716,297 |
| 2021 | £659,164 |
| 2020 | £660,118 |
| 2019 | £617,717 |
| 2018 | £619,014 |
| 2017 | £615,636 |
How have house prices in Greater London changed over time?
Monthly or yearly average sold price. Choose a time range to explore.
What else do people ask about Greater London?
More quick answers on house prices, sales, areas and green space in Greater London.
- What is the average house price in Greater London?
- How many properties are being sold in Greater London?
- What type of properties are sold in Greater London?
- What price range do most homes sell for in Greater London?
- What is the most expensive (and cheapest) area of Greater London?
- How many parks and green spaces are in Greater London?
- How do Greater London house prices compare with another area?
Where does this data come from?
Price information is from HM Land Registry, location boundaries are from OpenStreetMap, and households and population are from Nomis Census 2021 postcode estimates (21 March 2021). Parks and green space are from OS Open Greenspace. Contains OS data © Crown copyright and database right 2026.
Last updated 7 October 2026 at 00:42 with the latest Land Registry data (August 2026). The Greater London dataset covers 327,954 postcodes.
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.