House prices in London

Median value — November 2026

£546,000

Modelled from 1,239,077 properties Stede tracks in London

Market snapshot

£546,000

Median value

£788,849

Average value

37,478

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£155,487
2001£176,794
2002£214,480
2003£228,747
2004£242,678
2005£251,315
2006£278,850
2007£314,168
2008£267,660
2009£284,779
2010£300,841
2011£308,148
2012£330,773
2013£371,135
2014£424,766
2015£474,480
2016£498,012
2017£502,729
2018£498,939
2019£505,160
2020£521,016
2021£539,507
2022£563,681
2023£540,763
2024£548,415
2025£541,677
2026£546,000

Property types

  • Flat / Maisonette62%£451,000
  • Mid-terrace house26%£729,000
  • Semi-detached house8%£901,000
  • Detached house2%£1,549,500
  • Property1%£551,000

Areas in London

Streets in London

About this area

London, in Greater London, is a city. Stede can model 1,239,077 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of November 2026, London has a median estimated value of £546,000 and an average of £788,849.

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

The market here is mostly flats, which make up 62% of the properties Stede tracks in London.

37,478 sales were recorded in London over the past 12 months.

Common questions

What is the average house price in London?

As of November 2026, the average estimated value is £788,849 and the median is £546,000 across 1,239,077 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 -1% over the past year and +1% over five years, based on the UK House Price Index.

What types of property are in London?

62% 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 1,239,077 properties in London, with 37,478 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 →