House prices in London

Median value — July 2026

£543,000

Modelled from 1,277,486 properties Stede tracks in London

Market snapshot

£543,000

Median value

£917,785

Average value

38,135

Sales in the last 12 months

-3%

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£155,868
2001£177,227
2002£215,004
2003£229,307
2004£243,272
2005£251,930
2006£279,532
2007£314,937
2008£268,315
2009£285,476
2010£301,577
2011£308,902
2012£331,582
2013£372,043
2014£425,805
2015£475,641
2016£499,231
2017£503,959
2018£500,160
2019£506,396
2020£522,291
2021£540,828
2022£565,061
2023£542,086
2024£549,757
2025£541,589
2026£543,000

Property types

  • Flat / Maisonette61%£448,000
  • Mid-terrace house26%£723,000
  • Semi-detached house8%£894,000
  • Property3%£646,000
  • Detached house2%£1,553,000

Areas in London

Streets in London

About this area

London, in Greater London, is a city. Stede can model 1,277,486 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 £543,000 and an average of £917,785.

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

The market here is mostly flats, which make up 61% of the properties Stede tracks in London.

38,135 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 £917,785 and the median is £543,000 across 1,277,486 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?

61% of the properties Stede tracks in London are flats. mid-terrace houses are next most common, at 26%.

How many properties are in London?

Stede can model 1,277,486 properties in London, with 38,135 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 →