London Property Price Guide and Insights

Discover London's 2025 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 £1.85m, costing on average £1k per sqft.

Average prices of houses by bedroom count are: £847k for a two-bedroom, £1.27m for a three-bedroom, £1.72m for a four-bedroom, and £2.28m for a five-bedroom.

What share of houses in London feature gardens and parking?

In London, 81% of houses have a garden and 47% include parking.

What is the breakdown of property types in London?

The housing mix in London is 8% detached, 20% semi-detached, 72% terraced, and 1% other.

£1.85m
Average Price
£847k
2 Bed
£1.27m
3 Bed
£1.72m
4 Bed
£2.28m
5 Bed
81%
Have a garden
£1k
per sqft
47%
Include parking
Detached: 8%
Semi-Detached: 20%
Terraced: 72%
Other: 1%

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

The most expensive area to buy a house in London is W1J, where the average property is £10.89m. The second and third most expensive areas are SW1W with an average price of £6.46m and W1U with an average price of £6.28m .

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 £399k. The second and third cheapest areas are N18 with an average price of £457k and N9 with an average price of £461k .

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 £955k, costing on average £1k per sqft.

Average prices of flats by bedroom count are: £574k for a one-bedroom, £886k for a two-bedroom, £1.55m for a three-bedroom, and £2.08m for a four-bedroom.

What share of flats in London feature balconies and parking?

In London, 30% of flats have a balcony and 37% include parking.

What is the breakdown of lease types in London?

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

£955k
Average Price
£574k
1 Bed
£886k
2 Bed
£1.55m
3 Bed
£2.08m
4 Bed
30%
Have a balcony
£1k
per sqft
37%
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 £7.49m. The second and third most expensive areas are W1J with an average price of £5.81m and W1K with an average price of £5.14m .

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 £244k. The second and third cheapest areas are E12 with an average price of £286k and SE9 with an average price of £289k .

Looking for a property in London?

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