House prices in London
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The average house price in London is £550,037, down +3.3% over the last year, from the HM Land Registry UK House Price Index (July 2026). The UK-wide average is £272,611. In nominal terms the London average is up +590.2% since January 1995.
The UK's most expensive region, spanning prime central boroughs to high-volume outer markets.
London house price trend, 1995–today
Nominal (not inflation-adjusted) average prices from the UK House Price Index for London, with the UK-wide average for comparison:
| When | Average price | UKHPI (2015 = 100) |
|---|---|---|
| Jan 1995 | £79,687 | 14 |
| 2005 | £254,654 | 44.6 |
| 10 years ago | £509,080 | 89.2 |
| 5 years ago | £529,788 | 92.8 |
| 1 year ago | £568,795 | 99.6 |
| July 2026 | £550,037 | 96.4 |
For comparison, the UK-wide average is £272,611 (+1.4% over the year).
UKHPI is mix-adjusted and published with a ~2-month lag. Figures are nominal and this is a trend, not a forecast.
Sold prices by area in London
For the actual recorded sale prices of individual homes, open a sold-prices page for an area in London:
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House prices in other UK regions
Frequently asked questions
What is the average house price in London?
The average house price in London is £550,037 as of July 2026, from the HM Land Registry UK House Price Index, down +3.3% year-on-year. It is a region-wide average; individual towns and postcodes vary widely.
Are house prices in London going up?
Over the year to July 2026, the UKHPI average for London moved -3.3%. We show the nominal trend since 1995 above; UKHPI is not a forecast and we do not publish price predictions.
Where can I see prices for towns in London?
Use the town and area links on this page to drill into London, then open a sold-prices page for the actual recorded sale prices of individual homes.
Sources
- UK House Price Index (UKHPI), HM Land Registry / ONS
- Price Paid Data, HM Land Registry
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.