London house prices
England · Official UK House Price Index, August 2026.
The average home in London sold for £554,430 in August 2026, 2.2% down on the same month a year earlier. Figures are the official UK House Price Index average for the London local authority area, covering all residential sales.
Average sold price
£554k
Change over the last year
2.2% down
Average price, last 12 months
£565k
Sept 25
£550k
Dec 25
£546k
Mar 26
£550k
May 26
£554k
Aug 26
Over the last 12 months the average has fallen by £11,068 (2.0%).
Average price by property type in London
Detached
£1.2m
Semi-detached
£731k
Terraced
£649k
Flat or maisonette
£427k
Figures cover the London local authority area and are published monthly by HM Land Registry.
London house prices: common questions
- What is the average house price in London?
- The average home in London sold for £554,430 in August 2026, according to the official UK House Price Index.
- Are house prices in London rising or falling?
- Average prices in London are 2.2% lower than the same month a year earlier.
- How much does a flat or a house cost in London?
- In London, a flat or maisonette averages £427,310, a terraced home £648,650 and a detached home £1,164,439.
- Where do these London house prices come from?
- They are official UK House Price Index averages for the London local authority area, published monthly by HM Land Registry from real completed sales.
- How can I find out what my own home in London is worth?
- Search your postcode on GaffGuide for a free estimate of that specific home, built from nearby sold prices and the property's certified floor area. No sign-up and no payment.
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