The borough with the highest property prices in London, Kensington and Chelsea, had an average price for a flat exceeding *** million British pounds. London is the most populous metropolitan area in the UK, and living in it comes with a price tag. Unsurprisingly, the most expensive boroughs in terms of real estate prices are located in the heart of the metropolis: Kensington and Chelsea, the City of Westminster, and the City of London. In Kensington and Chelsea, home to several museums such as the Natural History Museum, the Victoria and Albert Museum, and the Science Museum, as well as galleries and theaters, the average price of apartments was over a million British pounds. How have residential property prices developed in recent years? The average house price in England have risen notably over the past decade, despite a slight decline in 2023. While London continues to be the hottest market in the UK, price growth in the capital has moderated. Conversely, prices in the more affordable cities, such as Belfast and Liverpool, have started to rise at a faster pace. Are residential property prices in London expected to grow in the future? Despite property prices declining in 2024, the market is forecast to continue to grow in the next five years, according to a October 2024 forecast. Some of the reasons for this are the robust demand for housing, the chronic shortage of residential properties, and the anticipated decline in mortgage interest rates.

The average price of houses bought by first-time buyers was notably lower than houses purchased by repeat buyers in London in 2024. Homebuyers spent on average 480,000 British pounds when purchasing their first property in 2024. For repeat buyers, this figure amounted to 850,000 British pounds in that year. In London, the average house price was about 630,000 British pounds in 2024.

This statistic shows the average price of flats and maisonettes in the Greater London (United Kingdom) from the first quarter of 2012 to the fourth quarter of 2015, according to the Halifax house price index. In the fourth quarter of 2014, the average price of a flat or maisonettes in Greater London was 329.9 thousand British pounds (GBP). By the end of the fourth quarter of 2015, the price increased to 385.3 thousand GBP.

The monthly house price index in London has increased since 2015, albeit with fluctuation. In May 2025, the index reached 99.1, which is a slight increase from the same month in 2024. Nevertheless, prices widely varied in different London boroughs, with Kensington and Chelsea being the priciest boroughs for an apartment purchase.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in London, KY (CBSA) (MEDLISPRIPERSQUFEE30940) from Jul 2016 to Dec 2024 about London, square feet, KY, listing, median, price, and USA.

Analysis of ‘Housing Prices in London’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from https://www.kaggle.com/arnavkulkarni/housing-prices-in-london on 30 September 2021.

--- Dataset description provided by original source is as follows ---

Content

This dataset comprises of various house listings in London and neighbouring region. It also encompasses the parameters listed below, the definitions of which are quite self-explanatory. • Property Name • Price • House Type - Contains one of the following types of houses (House, Flat/Apartment, New Development, Duplex, Penthouse, Studio, Bungalow, Mews) • Area in sq ft • No. of Bedrooms • No. of Bathrooms • No. of Receptions • Location • City/County - Includes London, Essex, Middlesex, Hertfordshire, Kent, and Surrey. • Postal Code

Inspiration

This dataset has various parameters for each house listing which can be used to conduct Exploratory Data Analysis. It can also be used to predict the house prices in various regions of London by means of Regression Analysis or other learning methods.

--- Original source retains full ownership of the source dataset ---

This page is no longer being updated. Please use the UK House Price Index instead.

Mix-adjusted house prices, by new/pre-owned dwellings, type of buyer (first time buyer) and region, from February 2002 for London and UK, and average mix-adjusted prices by UK region, and long term Annual House Price Index data since 1969 for London.

The ONS House Price Index is mix-adjusted to allow for differences between houses sold (for example type, number of rooms, location) in different months within a year. House prices are modelled using a combination of characteristics to produce a model containing around 100,000 cells (one such cell could be first-time buyer, old dwelling, one bedroom flat purchased in London). Each month estimated prices for all cells are produced by the model and then combined with their appropriate weight to produce mix-adjusted average prices. The index values are based on growth rates in the mix-adjusted average house prices and are annually chain linked.

The weights used for mix-adjustment change at the start of each calendar year (i.e. in January). The mix-adjusted prices are therefore not comparable between calendar years, although they are comparable within each calendar year. If you wish to calculate change between years, you should use the mix-adjusted house price index, available in Table 33.

The data published in these tables are based on a sub-sample of RMS data. These results will therefore differ from results produced using full sample data. For further information please contact the ONS using the contact details below.
House prices, mortgage advances and incomes have been rounded to the nearest £1,000.
Data taken from Table 2 and Table 9 of the monthly ONS release.

Download from ONS website

Housing Index in the United Kingdom increased to 514.30 points in July from 512.40 points in June of 2025. This dataset provides - United Kingdom House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Update 29-04-2020: The data is now split into two files based on the variable collection frequency (monthly and yearly). Additional variables added: area size in hectares, number of jobs in the area, number of people living in the area.

Context

I have been inspired by Xavier and his work on Barcelona to explore the city of London! 🇬🇧 💂

Content

The datasets is primarily centered around the housing market of London. However, it contains a lot of additional relevant data: - Monthly average house prices - Yearly number of houses - Yearly number of houses sold - Yearly percentage of households that recycle - Yearly life satisfaction - Yearly median salary of the residents of the area - Yearly mean salary of the residents of the area - Monthly number of crimes committed - Yearly number of jobs - Yearly number of people living in the area - Area size in hectares

The data is split by areas of London called boroughs (a flag exists to identify these), but some of the variables have other geographical UK regions for reference (like England, North East, etc.). There have been no changes made to the data except for melting it into a long format from the original tables.

Acknowledgements

The data has been extracted from London Datastore. It is released under UK Open Government License v2 and v3. The underlining datasets can be found here: https://data.london.gov.uk/dataset/uk-house-price-index https://data.london.gov.uk/dataset/number-and-density-of-dwellings-by-borough https://data.london.gov.uk/dataset/subjective-personal-well-being-borough https://data.london.gov.uk/dataset/household-waste-recycling-rates-borough https://data.london.gov.uk/dataset/earnings-place-residence-borough https://data.london.gov.uk/dataset/recorded_crime_summary https://data.london.gov.uk/dataset/jobs-and-job-density-borough https://data.london.gov.uk/dataset/ons-mid-year-population-estimates-custom-age-tables

Cover photo by Frans Ruiter from Unsplash

Inspiration

The dataset lends itself for extensive exploratory data analysis. It could also be a great supervised learning regression problem to predict house price changes of different boroughs over time.

Median price paid for residential property in England and Wales, by property type and administrative geographies. Annual data.

Median price paid for residential property in England and Wales, for all property types by lower layer super output area. Annual data..

An experimental price index tracking the prices paid for renting property from private landlords in the United Kingdom

Median price paid for residential property in England and Wales by property type and electoral ward. Annual data.

Median monthly rental prices for the private rental market in England by bedroom category, region and administrative area, calculated using data from the Valuation Office Agency and Office for National Statistics.

Graph and download economic data for Housing Inventory: Average Listing Price in London, KY (CBSA) (AVELISPRI30940) from Jul 2016 to Dec 2024 about London, average, KY, listing, price, and USA.

London was the most expensive city to buy an apartment in, with an average value of ****** euros per square meter in the first quarter of 2024. The price of an apartment in Leeds was significantly lower at approximately ***** euros per square meter.

These National Statistics provide monthly estimates of the number of residential and non-residential property transactions in the UK and its constituent countries. National Statistics are accredited official statistics.

England and Northern Ireland statistics are based on information submitted to the HM Revenue and Customs (HMRC) Stamp Duty Land Tax (SDLT) database by taxpayers on SDLT returns.

Land and Buildings Transaction Tax (LBTT) replaced SDLT in Scotland from 1 April 2015 and this data is provided to HMRC by https://www.revenue.scot/">Revenue Scotland to continue the time series.

Land Transaction Tax (LTT) replaced SDLT in Wales from 1 April 2018. To continue the time series, the https://gov.wales/welsh-revenue-authority">Welsh Revenue Authority (WRA) have provided HMRC with a monthly data feed of LTT transactions since July 2021.

LTT figures for the latest month are estimated using a grossing factor based on data for the most recent and complete financial year. Until June 2021, LTT transactions for the latest month were estimated by HMRC based upon year on year growth in line with other UK nations.

LTT transactions up to the penultimate month are aligned with LTT statistics.

Go to Stamp Duty Land Tax guidance for the latest rates and information.

Go to Stamp Duty Land Tax rates from 1 December 2003 to 22 September 2022 and Stamp Duty: rates on land transfers before December 2003 for historic rates.

The latest release was published 09:30 29 August 2025 and was updated with provisional data from completed transactions during July 2025.

The next release will be published 09:30 30 September 2025 and will be updated with provisional data from completed transactions during July 2025.

https://webarchive.nationalarchives.gov.uk/ukgwa/20240320184933/https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above">Archive versions of the Monthly property transactions completed in the UK with value of £40,000 or above are available via the UK Government Web Archive, from the National Archives.

FOCUSONLONDON2011: HOUSING:AGROWINGCITY With the highest average incomes in the country but the least space to grow, demand for housing in London has long outstripped supply, resulting in higher housing costs and rising levels of overcrowding. The pressures of housing demand in London have grown in recent years, in part due to fewer people leaving London to buy homes in other regions. But while new supply during the recession held up better in London than in other regions, it needs to increase significantly in order to meet housing needs and reduce housing costs to more affordable levels. This edition of Focus on London authored by James Gleeson in the Housing Unit looks at housing trends in London, from the demand/supply imbalance to the consequences for affordability and housing need. PRESENTATION: How much pressure is London’s popularity putting on housing provision in the capital? This interactive presentation looks at the effect on housing pressure of demographic changes, and recent new housing supply, shown by trends in overcrowding and house prices. Click on the start button at the bottom of the slide to access. View Focus on London - Housing: A Growing City on Prezi FACTS: Some interesting facts from the data… ● Five boroughs with the highest proportion of households that have lived at their address for less than 12 months in 2009/10:

This repository is the second updated version of the attribute-linked residential property price dataset in UK Data Service ReShare 854240 (https://reshare.ukdataservice.ac.uk/854240/). As with the first updated version (ReShare 855033 https://reshare.ukdataservice.ac.uk/855033/) in 2021, this updated dataset contains individual property transactions and associated variables from both Land Registry Price Paid Dataset (LR PPD) and the Ministry for Housing, Communities and Local Government (MHCLG) Domestic Energy Performance Certificate (EPC) data. This is a linked result by address matching between LR-PPD data (1/1/1995-27/6/2022) and Domestic EPCs data (the twelfth version: ending with 30/6/2022). It is the whole of the 2022 update house price per square metre dataset published in the Greater London Authority (GLA) London Datastore (https://data.london.gov.uk/dataset/house-price-per-square-metre-in-england-and-wales). The linked dataset in this repository is the uncorrected version, recording almost 20 million transactions with 106 variables in England and Wales between 1/1/1995 and 27/6/2022. We have offered technical validation and data cleaning code in UKDA ReShare 854240 to help users to evaluate the representation and to clean up the data. There is no unique way to clean this raw linked dataset, so we suggest users develop their own clean-up process based on their research requirements. In addition, this repository covers the original LR PPD and Domestic EPCs for the linked data (house price per square metre dataset). Similar to the first updated version, a field header has been added in LR PPD. Six variables (individual lodgement identifier, address, address 1, address 2, address 3, postcode) in Domestic EPCs are removed. A newly created unique identifier (id) is added in Domestic EPCs, this id is newly created for Version 12 Domestic EPCs. It is not the same id as in the Domestic EPCs from UK Data Service ReShare 854240 and ReShare 855033. Since November 2021 DLUCH has published Domestic EPCs with the Unique Property Reference Number (UPRN) hence the dataset in this repository contains the UPRN information from the Domestic EPCs.