Gaff Guide

Cheapest places to live in London

Official UK House Price Index, July 2026.

The cheapest place to live in London is Barking and Dagenham, where the average home sold for £375,604 in July 2026, 5.3% up on a year earlier. We ranked all 32 London boroughs by average sold price.

Top 20 cheapest boroughs

  1. 1Barking and Dagenham£375,6045.3% up
  2. 2Croydon£390,0413.4% down
  3. 3Newham£390,3495.0% down
  4. 4Bexley£413,3432.0% up
  5. 5Tower Hamlets£447,79614.4% down
  6. 6Havering£448,6482.1% up
  7. 7Sutton£452,6540.6% up
  8. 8Greenwich£462,5891.4% down
  9. 9Hillingdon£470,8751.3% down
  10. 10Enfield£470,9880.6% up
  11. 11Redbridge£481,2972.7% down
  12. 12Lewisham£488,6580.7% up
  13. 13Bromley£511,6703.1% down
  14. 14Hounslow£525,4351.7% up
  15. 15Harrow£526,4932.8% down
  16. 16Waltham Forest£529,1022.8% up
  17. 17Lambeth£536,6236.3% down
  18. 18Brent£546,1352.6% down
  19. 19Southwark£572,4780.1% up
  20. 20Ealing£585,2160.8% up

Cheapest by home type

  • Flats

    Bexley · £244,998

  • Terraced houses

    Croydon · £396,579

  • Semi-detached houses

    Barking and Dagenham · £494,567

  • Detached houses

    Barking and Dagenham · £664,346

How we ranked this

Each area is a council or local authority, ranked by its average sold price in the official UK House Price Index (HM Land Registry, Registers of Scotland and Land & Property Services). This ranks house prices only, not rent or wider living costs. The list updates automatically each month.

Questions

What is the cheapest place to live in London?
By average house price, Barking and Dagenham is the cheapest borough in London, where homes sold for an average of £375,604 in July 2026.
How does Barking and Dagenham compare with the rest of London?
The typical borough in London has an average price of £536,623, so Barking and Dagenham is £161,019 cheaper than the middle of the table.
Where are flats cheapest in London?
Bexley, with an average flat price of £244,998.
How often is this list updated?
Every month. The figures come straight from the official UK House Price Index, so this page updates itself when new data is published.

More house price rankings

What's your home worth?

Get a free estimate for any home in the UK, backed by official government data.

Get my free estimate