House prices in Greater London

Median value — June 2026

£518,910

Modelled from 2,186,726 properties Stede tracks in Greater London

Market snapshot

£518,910

Median value

£793,195

Average value

61,099

Sales in the last 12 months

-2%

Change over the past year

Value over time

  • Modelled value
£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£147,922
2001£168,192
2002£204,044
2003£217,617
2004£230,870
2005£239,087
2006£265,282
2007£298,882
2008£254,637
2009£270,923
2010£286,203
2011£293,155
2012£314,679
2013£353,077
2014£404,099
2015£451,394
2016£473,781
2017£478,269
2018£474,663
2019£480,581
2020£495,665
2021£513,257
2022£536,255
2023£514,452
2024£521,731
2025£514,460
2026£518,910

Property types

  • Flat / Maisonette48%£405,015
  • Mid-terrace house28%£562,242
  • Semi-detached house16%£643,738
  • Detached house5%£987,446
  • Property3%£458,572

Towns and cities in Greater London

About this area

Greater London is a county. Stede can model 2,186,726 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of June 2026, Greater London has a median estimated value of £518,910 and an average of £793,195.

Modelled values in Greater London are -2% over the past year and +3% over five years.

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

61,099 sales were recorded in Greater London over the past 12 months.

Common questions

What is the average house price in Greater London?

As of June 2026, the average estimated value is £793,195 and the median is £518,910 across 2,186,726 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 -2% over the past year and +3% 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 2,186,726 properties in Greater London, with 61,099 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 →