House prices in London

Median value — June 2026

£551,452

Modelled from 1,293,358 properties Stede tracks in London

Market snapshot

£551,452

Median value

£933,773

Average value

35,844

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£157,198
2001£178,740
2002£216,840
2003£231,264
2004£245,349
2005£254,080
2006£281,918
2007£317,626
2008£270,606
2009£287,913
2010£304,152
2011£311,539
2012£334,413
2013£375,219
2014£429,440
2015£479,702
2016£503,493
2017£508,262
2018£504,430
2019£510,719
2020£526,750
2021£545,445
2022£569,885
2023£546,714
2024£554,450
2025£546,723
2026£551,452

Property types

  • Flat / Maisonette61%£462,372
  • Mid-terrace house26%£700,986
  • Semi-detached house8%£880,575
  • Property3%£490,812
  • Detached house2%£1,528,663

Areas and streets in London

About this area

London, in Greater London, is a town. Stede can model 1,293,358 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of June 2026, London has a median estimated value of £551,452 and an average of £933,773.

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

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

35,844 sales were recorded in London over the past 12 months.

Common questions

What is the average house price in London?

As of June 2026, the average estimated value is £933,773 and the median is £551,452 across 1,293,358 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 -2% over the past year and +3% 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 1,293,358 properties in London, with 35,844 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 →