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Local area · UK House Price Index

City of London house prices.

The latest average was £626,980 in May 2026, an annual movement of -28.1%.

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Market summary

The latest figures, plus a five-year view.

Average price
£626,980
Annual change
-28.1%
Monthly change
+0.1%
Five-year change
-13.3%
Prices shown from
Jan 1995–May 2026
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Prices by property type

See how average prices differ by home type and how each has changed over time.

Average prices by property type in May 2026 for City of London
Property typeAverage priceMonthly changeAnnual change
Terraced£3,060,620+6.8%+2.7%
Flat or maisonette£626,803+0.1%-28.1%

Terraced price history

Monthly average prices from October 2015 to December 2024.

Terraced average-price history in City of LondonFrom £2,577,614 to £3,888,915 between October 2015 and December 2024.20152024£3,888,915£2,577,614
Latest 12 months for Terraced homes
MonthAverage priceMonthly changeAnnual change
Dec 2024£3,060,620+6.8%+2.7%
Nov 2024£2,866,257+0.2%-11.8%
Oct 2024£2,860,808-4.1%-14.6%
Sep 2024£2,984,350+0.6%-14.7%
Aug 2024£2,966,144-2.3%-20.6%
Jul 2024£3,034,494-5.4%-21.5%
Jun 2024£3,208,783-6.1%-14.5%
May 2024£3,416,920+0.8%-1.1%
Apr 2024£3,389,391+0.0%+6.8%
Mar 2024£3,388,428+5.4%+2.2%
Feb 2024£3,213,660+3.2%+4.4%
Jan 2024£3,112,940+4.5%-8.3%

These are averages for all sales in each category, not valuations of individual homes. When only a few homes sell, or the mix of homes changes, short-term movements can look larger or smaller.

Explore the local market

Areas near City of London

The closest local-authority boundaries are shown first. Follow an area to compare its latest figures and price history.

How to read these figures

The average combines many kinds of homes. If a different mix of properties sells from one month to the next, the average can move even when similar homes have changed less. The home-type histories above add useful context, but recent figures and months with few sales need extra care.

Where these figures come from

This page uses the official UK House Price Index release for 2026-05. The newest figures can change as more sales are registered. View the HM Land Registry source.

Checked by Properties & Homes
Crown copyright data reproduced under the Open Government Licence v3.0.