House prices in Greater London

Median value — July 2026

£513,000

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

Market snapshot

£513,000

Median value

£773,249

Average value

64,329

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£147,256
2001£167,435
2002£203,125
2003£216,638
2004£229,831
2005£238,011
2006£264,088
2007£297,537
2008£253,491
2009£269,704
2010£284,915
2011£291,836
2012£313,263
2013£351,488
2014£402,280
2015£449,363
2016£471,649
2017£476,116
2018£472,527
2019£478,418
2020£493,435
2021£510,948
2022£533,842
2023£512,137
2024£519,384
2025£511,667
2026£513,000

Property types

  • Flat / Maisonette48%£394,000
  • Mid-terrace house28%£564,000
  • Semi-detached house16%£645,000
  • Detached house5%£978,000
  • Property3%£593,000

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 July 2026, Greater London has a median estimated value of £513,000 and an average of £773,249.

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

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

64,329 sales were recorded in Greater London over the past 12 months.

Common questions

What is the average house price in Greater London?

As of July 2026, the average estimated value is £773,249 and the median is £513,000 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 -3% over the past year and +4% 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 64,329 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 →