London Property Price Guide and Insights

Discover London's 2026 property market: average prices for flats vs. houses, bedroom-count breakdowns, % of homes with gardens or balconies, plus an interactive postcode heatmap.

Author
Lisa Thomson
Writer

Houses

Explore our blog for market insights, guides and a sprinkling of our favourite properties!

What is the average price of a house in London?

The average price for a house in London is £2.07m, costing on average £1k per sqft.

Average prices of houses by bedroom count are: £862k for a two-bedroom, £1.32m for a three-bedroom, £1.83m for a four-bedroom, and £2.36m for a five-bedroom.

What share of houses in London feature gardens and parking?

In London, 78% of houses have a garden and 43% include parking.

What is the breakdown of property types in London?

The housing mix in London is 7% detached, 19% semi-detached, 72% terraced, and 2% other.

£2.07m
Average Price
£862k
2 Bed
£1.32m
3 Bed
£1.83m
4 Bed
£2.36m
5 Bed
78%
Have a garden
£1k
per sqft
43%
Include parking
Detached: 7%
Semi-Detached: 19%
Terraced: 72%
Other: 2%

What is the most expensive area in London to buy a home?

The most expensive area to buy a house in London is W1G, where the average property is £27.50m. The second and third most expensive areas are W1K with an average price of £9.77m and W1J with an average price of £9.71m .

What is the cheapest area in London to buy a home?

The cheapest area to buy a house in London is SE28, where the average property is £408k. The second and third cheapest areas are N18 with an average price of £456k and E6 with an average price of £466k .

Flats and apartments

Explore our blog for market insights, guides and a sprinkling of our favourite properties!

What is the average price of a flat in London?

The average price for a flat in London is £926k, costing on average £1k per sqft.

Average prices of flats by bedroom count are: £554k for a one-bedroom, £887k for a two-bedroom, £1.49m for a three-bedroom, and £1.81m for a four-bedroom.

What share of flats in London feature balconies and parking?

In London, 29% of flats have a balcony and 34% include parking.

What is the breakdown of lease types in London?

The leasing mix in London is 99% leasehold and 1% freehold.

£926k
Average Price
£554k
1 Bed
£887k
2 Bed
£1.49m
3 Bed
£1.81m
4 Bed
29%
Have a balcony
£1k
per sqft
34%
Include parking
Leasehold: 99%
Freehold: 1%

What is the most expensive area in London to buy a flat?

The most expensive area to buy a flat in London is SW1A, where the average property is £6.70m. The second and third most expensive areas are W1J with an average price of £5.06m and W1K with an average price of £5.00m .

What is the cheapest area in London to buy a flat?

The cheapest area to buy a flat in London is N9, where the average property is £235k. The second and third cheapest areas are N18 with an average price of £281k and E6 with an average price of £281k .

Looking for a property in London?

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