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 £1.90m, costing on average £2k per sqft.

Average prices of houses by bedroom count are: £840k for a two-bedroom, £1.27m for a three-bedroom, £1.80m for a four-bedroom, and £2.34m for a five-bedroom.

What share of houses in London feature gardens and parking?

In London, 80% of houses have a garden and 46% 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.

£1.90m
Average Price
£840k
2 Bed
£1.27m
3 Bed
£1.80m
4 Bed
£2.34m
5 Bed
80%
Have a garden
£2k
per sqft
46%
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 £10.53m. The second and third most expensive areas are W1K with an average price of £9.89m and SW1W with an average price of £6.66m .

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 £394k. The second and third cheapest areas are N18 with an average price of £463k and N9 with an average price of £464k .

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 £953k, costing on average £1k per sqft.

Average prices of flats by bedroom count are: £575k for a one-bedroom, £901k for a two-bedroom, £1.54m for a three-bedroom, and £1.99m for a four-bedroom.

What share of flats in London feature balconies and parking?

In London, 30% of flats have a balcony and 36% include parking.

What is the breakdown of lease types in London?

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

£953k
Average Price
£575k
1 Bed
£901k
2 Bed
£1.54m
3 Bed
£1.99m
4 Bed
30%
Have a balcony
£1k
per sqft
36%
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 £7.21m. The second and third most expensive areas are W1J with an average price of £5.76m and W1K with an average price of £5.06m .

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 £245k. The second and third cheapest areas are E6 with an average price of £281k and SE25 with an average price of £287k .

Looking for a property in London?

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