House prices in London

Median value — July 2026

£574,028

Modelled from 307 properties Stede tracks in London

Market snapshot

£574,028

Median value

£923,801

Average value

4

Sales in the last 12 months

-3%

Change over the past year

Value over time

  • Modelled value
£0£200k£400k£600k£800k20002002200420062008201020122014201620182020202220242026

Modelled month by month from the UK House Price Index, averaged across every property type Stede tracks here.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled value
2000£164,774
2001£187,354
2002£227,290
2003£242,410
2004£257,173
2005£266,325
2006£295,505
2007£332,933
2008£283,647
2009£301,789
2010£318,810
2011£326,554
2012£350,530
2013£393,302
2014£450,137
2015£502,820
2016£527,758
2017£532,757
2018£528,740
2019£535,332
2020£552,136
2021£571,732
2022£597,349
2023£573,062
2024£581,171
2025£572,536
2026£574,028

Property types

  • Detached house36%£1,421,855
  • Mid-terrace house24%£444,096
  • Semi-detached house23%£576,944
  • Flat / Maisonette11%£204,012
  • Property6%£1,164,341

Areas and streets in London

About this area

London, in Essex, is a city. Stede can model 307 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of July 2026, London has a median estimated value of £574,028 and an average of £923,801.

Modelled values in London are -3% over the past year and +4% over five years.

The market here is mostly detached houses, which make up 36% of the properties Stede tracks in London.

4 sales were recorded in London over the past 12 months.

Common questions

What is the average house price in London?

As of July 2026, the average estimated value is £923,801 and the median is £574,028 across 307 properties Stede tracks in London. This is not a formal market valuation.

Are house prices in London going up or down?

Modelled values in London are -3% over the past year and +4% over five years, based on the UK House Price Index.

What types of property are in London?

36% of the properties Stede tracks in London are detached houses. mid-terrace houses are next most common, at 24%.

How many properties are in London?

Stede can model 307 properties in London, with 4 recorded sales in the past 12 months.

How does Stede calculate house prices for London?

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources used for every individual property valuation on Stede. Full detail is on the methodology page.

How we calculate this

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources behind every individual property valuation on Stede.

Read the full methodology and data sources →