House prices in Greater London

Median value — November 2026

£518,000

Modelled from 2,159,125 properties Stede tracks in Greater London

Market snapshot

£518,000

Median value

£779,993

Average value

64,000

Sales in the last 12 months

-1%

Change over the past year

Value over time

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

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£147,514
2001£167,728
2002£203,481
2003£217,017
2004£230,233
2005£238,427
2006£264,550
2007£298,057
2008£253,934
2009£270,175
2010£285,413
2011£292,346
2012£313,810
2013£352,102
2014£402,983
2015£450,148
2016£472,473
2017£476,948
2018£473,352
2019£479,254
2020£494,297
2021£511,840
2022£534,774
2023£513,031
2024£520,291
2025£513,898
2026£518,000

Property types

  • Flat / Maisonette48%£397,000
  • Mid-terrace house28%£570,000
  • Semi-detached house16%£652,000
  • Detached house5%£986,000
  • Property3%£599,000

Towns and cities in Greater London

About this area

Greater London is a county. Stede can model 2,159,125 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of November 2026, Greater London has a median estimated value of £518,000 and an average of £779,993.

Modelled values in Greater London are -1% over the past year and +1% over five years.

The market here is mostly flats, which make up 48% of the properties Stede tracks in Greater London.

64,000 sales were recorded in Greater London over the past 12 months.

Common questions

What is the average house price in Greater London?

As of November 2026, the average estimated value is £779,993 and the median is £518,000 across 2,159,125 properties Stede tracks in Greater London. This is not a formal market valuation.

Are house prices in Greater London going up or down?

Modelled values in Greater London are -1% over the past year and +1% over five years, based on the UK House Price Index.

What types of property are in Greater London?

48% of the properties Stede tracks in Greater London are flats. mid-terrace houses are next most common, at 28%.

How many properties are in Greater London?

Stede can model 2,159,125 properties in Greater London, with 64,000 recorded sales in the past 12 months.

How does Stede calculate house prices for Greater 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 →