London · London

Where to Buy Property Investments in London: Yields to 6.8%

London's top buy-to-let yields reach 6.8% in Newham and Barking, where outer-borough homes sell from around £360,000 against a £552,655 London sold average.


Top gross yield
6.8%
Boroughs covered
32
Average sold price
£552,655
Investing in London? See buy-to-let deals across the UK

London's average sold price was £552,655 in April 2026, about 91% above the England average of £289,946, which makes it the most expensive housing market in the country by a wide margin. That premium buys depth, liquidity and a rental market that rarely runs short of tenants, but it sets a high entry cost: a 30% buy-to-let deposit on the £552,655 average is about £165,797 before any other purchase cost.

The price has plateaued since 2022. London reached an all-time high of £581,320 in August 2022, then eased 4.9% to £552,655, leaving five-year growth at +5.6%. Over ten years the figure is +12.0% and over thirty years +573%, so the recent slow growth sits on top of a long expansion rather than reversing it.

The income story runs the opposite way to the price. Gross yields fall as you move into the centre and rise as you move out, from about 5.2% in prime Camden to about 6.8% in Newham and Barking, where outer-borough homes sell from around £360,000. London now reads as a high-value, capital-led market that has paused on price, with the rental return concentrated at the edges rather than the centre. The 32 borough guides below break that down borough by borough; the sections that follow set the London-wide picture the boroughs sit inside, including which sub-markets carry the yield and where the student and multi-let demand concentrates.

Article updated: July 2026

Explore London borough guides

Compare local yields and sold prices across the London guides before reading the wider market analysis.

Central London

North London

East London

South London

West London

The London property market

London prices have moved through three distinct phases since 1995. The first was a long expansion: the average home cost £79,687 in January 1995 and reached a pre-crisis peak of £319,663 in January 2008. The financial crisis then cut the market to a trough of £262,661 by April 2009, a fall of 17.8% from peak to bottom. The recovery that followed was the strongest stretch in the series, carrying prices to an all-time high of £581,320 in August 2022.

Since that 2022 high the market has flattened. The average sold price is £552,655, down 4.9% from the peak, and the five-year change is +5.6%. The two charts below show the full monthly series from 1995, first by average price for each property type, then as the year-on-year change that makes the 2008 fall and the post-2022 plateau easy to read.

Average property price by type in London, 1995 to 2026
£0£300k£600k£900k£1200kAll property types 1995-01: £79,687All property types 1996-02: £81,455All property types 1997-03: £90,543All property types 1998-04: £108,433All property types 1999-05: £119,062All property types 2000-06: £153,669All property types 2001-07: £172,490All property types 2002-08: £209,114All property types 2003-09: £227,921All property types 2004-10: £248,676All property types 2005-11: £253,251All property types 2006-12: £283,155All property types 2008-01: £319,663All property types 2009-02: £267,474All property types 2010-03: £300,260All property types 2011-04: £314,735All property types 2012-05: £325,535All property types 2013-06: £347,414All property types 2014-07: £426,870All property types 2015-08: £466,924All property types 2016-09: £505,052All property types 2017-10: £515,752All property types 2018-11: £507,814All property types 2019-12: £512,959All property types 2021-01: £529,101All property types 2022-02: £551,066All property types 2023-03: £555,361All property types 2024-04: £548,467All property types 2025-05: £564,719All property types 2026-04: £552,655Detached 1995-01: £176,754Detached 1996-02: £174,797Detached 1997-03: £194,510Detached 1998-04: £235,151Detached 1999-05: £254,280Detached 2000-06: £327,097Detached 2001-07: £369,058Detached 2002-08: £432,074Detached 2003-09: £469,426Detached 2004-10: £491,049Detached 2005-11: £487,652Detached 2006-12: £537,831Detached 2008-01: £615,754Detached 2009-02: £509,256Detached 2010-03: £583,273Detached 2011-04: £609,597Detached 2012-05: £624,498Detached 2013-06: £657,289Detached 2014-07: £797,549Detached 2015-08: £882,257Detached 2016-09: £967,479Detached 2017-10: £994,932Detached 2018-11: £1,000,252Detached 2019-12: £994,934Detached 2021-01: £1,028,178Detached 2022-02: £1,120,979Detached 2023-03: £1,144,602Detached 2024-04: £1,108,170Detached 2025-05: £1,168,700Detached 2026-04: £1,159,487Semi-detached 1995-01: £99,239Semi-detached 1996-02: £100,895Semi-detached 1997-03: £110,627Semi-detached 1998-04: £133,428Semi-detached 1999-05: £144,671Semi-detached 2000-06: £185,296Semi-detached 2001-07: £206,508Semi-detached 2002-08: £247,531Semi-detached 2003-09: £275,363Semi-detached 2004-10: £296,494Semi-detached 2005-11: £298,285Semi-detached 2006-12: £327,484Semi-detached 2008-01: £366,349Semi-detached 2009-02: £306,706Semi-detached 2010-03: £347,645Semi-detached 2011-04: £358,735Semi-detached 2012-05: £374,385Semi-detached 2013-06: £393,704Semi-detached 2014-07: £481,308Semi-detached 2015-08: £532,941Semi-detached 2016-09: £585,075Semi-detached 2017-10: £600,633Semi-detached 2018-11: £601,069Semi-detached 2019-12: £605,146Semi-detached 2021-01: £633,069Semi-detached 2022-02: £675,151Semi-detached 2023-03: £691,159Semi-detached 2024-04: £680,119Semi-detached 2025-05: £712,850Semi-detached 2026-04: £715,926Terraced 1995-01: £80,634Terraced 1996-02: £82,183Terraced 1997-03: £91,432Terraced 1998-04: £109,235Terraced 1999-05: £119,496Terraced 2000-06: £152,694Terraced 2001-07: £170,683Terraced 2002-08: £206,920Terraced 2003-09: £228,156Terraced 2004-10: £251,684Terraced 2005-11: £258,770Terraced 2006-12: £289,599Terraced 2008-01: £326,288Terraced 2009-02: £270,633Terraced 2010-03: £308,327Terraced 2011-04: £322,861Terraced 2012-05: £337,397Terraced 2013-06: £361,440Terraced 2014-07: £446,322Terraced 2015-08: £491,141Terraced 2016-09: £532,404Terraced 2017-10: £540,448Terraced 2018-11: £541,148Terraced 2019-12: £549,860Terraced 2021-01: £575,732Terraced 2022-02: £599,827Terraced 2023-03: £608,053Terraced 2024-04: £608,973Terraced 2025-05: £635,448Terraced 2026-04: £637,506Flats 1995-01: £67,007Flats 1996-02: £69,468Flats 1997-03: £77,696Flats 1998-04: £92,618Flats 1999-05: £102,693Flats 2000-06: £133,633Flats 2001-07: £150,686Flats 2002-08: £183,990Flats 2003-09: £197,488Flats 2004-10: £215,629Flats 2005-11: £219,518Flats 2006-12: £246,983Flats 2008-01: £279,541Flats 2009-02: £235,337Flats 2010-03: £260,176Flats 2011-04: £274,537Flats 2012-05: £281,503Flats 2013-06: £301,438Flats 2014-07: £370,704Flats 2015-08: £402,317Flats 2016-09: £432,378Flats 2017-10: £442,072Flats 2018-11: £429,846Flats 2019-12: £433,845Flats 2021-01: £442,097Flats 2022-02: £455,139Flats 2023-03: £452,865Flats 2024-04: £444,870Flats 2025-05: £450,966Flats 2026-04: £431,4551995200020052010201620212026
  • All property types
  • Detached
  • Semi-detached
  • Terraced
  • Flats

Source: HM Land Registry House Price Index

YearAll property typesDetachedSemi-detachedTerracedFlats
1995-01£79,687£176,754£99,239£80,634£67,007
1995-02£77,913£172,375£99,432£80,689£62,589
1995-03£79,110£170,887£98,290£80,487£66,558
1995-04£79,708£171,809£98,509£80,944£67,505
1995-05£80,754£173,830£100,097£82,119£68,147
1995-06£80,941£173,330£99,915£81,704£69,201
1995-07£81,345£177,244£101,010£82,884£68,221
1995-08£80,858£176,252£100,446£82,163£68,012
1995-09£80,228£174,980£99,484£81,647£67,438
1995-10£79,544£175,461£99,235£80,181£67,187
1995-11£79,347£172,077£98,471£80,010£67,486
1995-12£80,482£173,853£99,793£81,233£68,469
1996-01£80,658£175,087£99,752£81,781£68,304
1996-02£81,455£174,797£100,895£82,183£69,468
1996-03£81,031£176,379£100,462£82,081£68,540
1996-04£82,183£175,500£100,774£82,882£70,691
1996-05£82,663£175,758£101,759£84,220£70,130
1996-06£83,652£178,862£102,549£84,176£72,135
1996-07£84,358£182,877£103,882£85,108£72,092
1996-08£84,636£184,720£104,648£85,977£71,448
1996-09£85,379£186,073£105,422£86,327£72,561
1996-10£85,114£187,243£105,327£85,973£72,170
1996-11£85,884£184,689£105,721£87,135£73,054
1996-12£87,161£187,243£108,037£88,213£74,012
1997-01£88,926£192,695£109,416£89,921£75,844
1997-02£89,476£193,158£109,120£89,902£77,160
1997-03£90,543£194,510£110,627£91,432£77,696
1997-04£92,161£197,472£112,723£92,885£79,216
1997-05£94,791£204,041£116,242£95,612£81,252
1997-06£95,527£208,080£117,172£96,935£81,274
1997-07£98,629£214,895£121,439£100,271£83,599
1997-08£98,619£216,952£122,272£99,788£83,547
1997-09£100,825£222,302£124,715£101,739£85,711
1997-10£100,544£222,060£124,775£101,498£85,274
1997-11£101,739£225,835£126,090£102,390£86,530
1997-12£103,697£226,260£128,734£104,780£88,010
1998-01£104,822£232,685£129,289£106,189£88,823
1998-02£103,784£225,191£127,979£104,151£88,841
1998-03£105,914£229,043£130,098£106,609£90,619
1998-04£108,433£235,151£133,428£109,235£92,618
1998-05£108,209£233,072£133,578£109,595£91,978
1998-06£110,150£236,912£135,189£110,855£94,342
1998-07£111,731£245,039£138,495£112,809£94,870
1998-08£111,421£248,166£138,185£112,556£94,387
1998-09£111,992£247,808£138,896£113,023£95,012
1998-10£111,529£246,798£138,502£111,577£95,239
1998-11£111,615£247,345£138,706£111,527£95,364
1998-12£112,178£243,028£138,700£112,695£95,857
1999-01£113,152£248,021£139,402£113,027£97,154
1999-02£112,701£246,881£138,879£112,510£96,806
1999-03£114,975£249,238£140,742£114,951£99,014
1999-04£117,355£254,574£143,539£118,312£100,454
1999-05£119,062£254,280£144,671£119,496£102,693
1999-06£121,314£263,127£148,340£122,138£103,961
1999-07£125,290£273,101£152,387£126,305£107,428
1999-08£127,779£276,186£154,790£128,794£109,846
1999-09£131,261£285,028£157,835£130,910£114,018
1999-10£131,680£286,530£160,275£131,155£113,930
1999-11£134,668£292,493£163,558£134,922£116,120
1999-12£136,943£290,510£164,692£136,449£119,324
2000-01£139,611£307,616£171,177£139,849£119,775
2000-02£142,068£306,320£171,154£141,900£123,025
2000-03£143,760£311,588£174,302£144,360£123,751
2000-04£150,595£321,811£180,306£149,504£131,287
2000-05£150,800£325,888£182,952£150,316£130,444
2000-06£153,669£327,097£185,296£152,694£133,633
2000-07£156,545£342,690£189,774£156,115£135,255
2000-08£157,676£341,451£190,717£155,677£137,349
2000-09£157,710£344,615£189,735£156,065£137,303
2000-10£155,900£344,661£191,134£154,300£134,766
2000-11£158,085£343,998£189,109£155,005£138,756
2000-12£157,888£336,718£188,902£155,340£138,512
2001-01£160,094£343,412£191,802£158,395£139,803
2001-02£160,344£346,896£193,713£159,108£139,205
2001-03£161,591£342,223£193,115£159,886£141,390
2001-04£163,651£347,672£194,532£162,433£143,096
2001-05£168,244£350,473£198,845£166,727£147,841
2001-06£169,961£352,465£200,505£167,204£150,303
2001-07£172,490£369,058£206,508£170,683£150,686
2001-08£176,243£373,172£208,865£174,336£154,702
2001-09£176,449£376,737£209,857£174,490£154,603
2001-10£177,915£381,376£213,154£176,280£155,212
2001-11£179,011£379,348£213,970£176,329£157,127
2001-12£179,524£372,958£212,540£175,456£159,294
2002-01£181,823£385,946£218,064£178,808£159,571
2002-02£182,531£380,464£216,570£180,203£160,609
2002-03£184,937£385,151£219,348£182,211£162,997
2002-04£190,791£394,035£224,656£186,638£169,594
2002-05£195,703£402,368£231,576£192,294£173,169
2002-06£199,164£404,775£232,352£195,040£177,731
2002-07£204,649£426,860£242,058£202,102£180,217
2002-08£209,114£432,074£247,531£206,920£183,990
2002-09£210,947£437,036£251,090£208,315£185,466
2002-10£213,139£443,058£255,604£210,794£186,640
2002-11£216,816£451,612£257,512£213,560£191,037
2002-12£217,791£446,637£261,152£214,876£191,288
2003-01£221,778£458,870£263,514£221,032£193,835
2003-02£221,031£454,321£265,542£218,924£193,416
2003-03£220,077£454,656£263,973£218,515£192,259
2003-04£222,625£455,349£267,059£220,024£195,308
2003-05£225,440£458,685£270,667£225,079£196,358
2003-06£223,682£457,247£268,247£221,962£195,692
2003-07£228,891£466,867£275,321£228,419£199,256
2003-08£227,698£463,942£273,684£227,725£197,974
2003-09£227,921£469,426£275,363£228,156£197,488
2003-10£229,749£468,201£276,703£230,162£199,369
2003-11£230,764£465,490£276,628£231,420£200,613
2003-12£232,279£460,747£277,213£231,588£203,409
2004-01£234,296£475,517£280,786£234,707£203,752
2004-02£235,311£476,220£282,599£236,771£203,962
2004-03£236,939£473,100£280,839£237,935£206,693
2004-04£241,798£476,870£288,327£244,420£209,844
2004-05£243,369£470,979£289,030£245,266£212,191
2004-06£246,395£479,831£291,658£247,185£215,579
2004-07£250,378£489,954£298,436£253,460£217,245
2004-08£251,404£495,890£298,713£254,269£218,345
2004-09£250,652£494,405£298,201£253,700£217,501
2004-10£248,676£491,049£296,494£251,684£215,629
2004-11£251,278£491,844£297,927£253,498£218,866
2004-12£246,425£483,169£292,276£248,945£214,397
2005-01£248,820£490,701£294,327£252,251£216,077
2005-02£247,642£484,700£293,402£250,786£215,219
2005-03£247,580£481,820£292,114£251,375£215,180
2005-04£251,973£485,188£296,917£256,312£219,004
2005-05£252,313£490,428£298,391£255,929£219,295
2005-06£252,542£485,026£297,537£258,092£218,902
2005-07£254,654£491,786£301,085£259,582£220,760
2005-08£254,761£492,503£298,656£259,514£221,515
2005-09£253,631£494,452£300,412£259,672£218,981
2005-10£250,828£484,912£296,154£256,177£217,250
2005-11£253,251£487,652£298,285£258,770£219,518
2005-12£255,195£480,546£295,301£259,416£223,534
2006-01£256,767£497,065£301,750£262,575£222,515
2006-02£255,985£491,172£300,017£260,803£222,711
2006-03£258,410£497,143£302,232£264,034£224,509
2006-04£262,793£498,605£306,521£268,844£228,601
2006-05£265,059£504,008£308,173£270,229£231,261
2006-06£269,156£510,081£311,776£275,364£234,659
2006-07£271,795£518,026£316,872£279,964£235,360
2006-08£274,815£523,904£319,659£282,171£238,620
2006-09£275,712£528,981£320,935£282,071£239,759
2006-10£277,396£529,009£322,050£283,598£241,649
2006-11£277,074£530,848£323,545£284,579£240,141
2006-12£283,155£537,831£327,484£289,599£246,983
2007-01£286,542£543,539£330,765£293,575£249,842
2007-02£289,884£549,292£333,952£294,448£254,179
2007-03£292,774£554,563£336,813£299,964£255,550
2007-04£298,476£561,193£342,352£307,052£260,296
2007-05£302,673£564,154£345,742£309,007£265,616
2007-06£306,133£574,747£349,252£312,745£268,487
2007-07£316,556£599,685£363,212£323,839£276,754
2007-08£318,654£598,031£362,363£327,073£278,979
2007-09£319,468£605,304£363,963£325,516£280,503
2007-10£319,623£608,568£363,786£325,563£280,661
2007-11£318,648£613,619£367,259£324,864£278,401
2007-12£319,019£604,009£364,610£324,156£280,320
2008-01£319,663£615,754£366,349£326,288£279,541
2008-02£316,563£605,380£363,454£322,334£277,202
2008-03£314,319£599,896£361,748£322,522£273,991
2008-04£315,113£610,558£361,694£322,397£274,992
2008-05£315,988£602,193£362,980£323,041£276,149
2008-06£310,568£593,982£356,911£319,333£270,489
2008-07£310,740£597,975£355,477£315,950£272,444
2008-08£301,598£582,789£347,491£307,750£263,355
2008-09£295,994£573,931£338,206£300,372£259,717
2008-10£285,837£554,736£327,173£287,643£251,779
2008-11£276,896£539,786£319,539£282,044£241,752
2008-12£271,793£525,981£314,267£277,818£236,865
2009-01£270,949£530,955£311,299£273,597£237,830
2009-02£267,474£509,256£306,706£270,633£235,337
2009-03£264,709£504,446£302,002£266,943£233,799
2009-04£262,661£499,975£302,053£266,798£230,300
2009-05£267,629£506,144£306,297£271,424£235,443
2009-06£271,488£512,953£310,063£278,084£237,527
2009-07£278,122£530,360£321,015£285,815£241,685
2009-08£280,566£538,476£325,184£288,747£243,063
2009-09£286,374£544,355£327,829£292,868£250,441
2009-10£287,743£552,670£332,834£295,924£249,552
2009-11£285,663£548,564£329,160£295,521£247,156
2009-12£289,176£550,264£335,214£299,020£249,973
2010-01£299,459£575,218£346,822£310,224£258,390
2010-02£298,420£574,146£347,242£309,475£256,874
2010-03£300,260£583,273£347,645£308,327£260,176
2010-04£301,876£580,818£349,557£311,210£261,209
2010-05£301,641£582,684£349,650£312,358£260,105
2010-06£304,616£587,069£351,867£315,451£263,041
2010-07£313,428£613,280£363,713£326,305£268,935
2010-08£311,152£605,077£364,581£322,740£266,868
2010-09£310,560£612,302£362,332£322,664£266,097
2010-10£306,318£600,389£357,619£317,120£263,132
2010-11£302,206£597,466£355,367£311,430£259,443
2010-12£305,486£596,935£356,648£314,979£263,142
2011-01£308,301£614,568£359,182£318,988£264,647
2011-02£305,350£609,020£355,841£313,483£263,339
2011-03£307,347£612,984£354,138£314,452£266,670
2011-04£314,735£609,597£358,735£322,861£274,537
2011-05£304,810£590,960£354,286£313,907£263,415
2011-06£306,078£585,256£352,687£315,016£265,810
2011-07£316,716£607,738£362,708£326,139£275,440
2011-08£315,709£611,761£366,382£328,194£271,420
2011-09£316,197£620,336£365,731£327,665£272,316
2011-10£312,887£619,111£366,336£322,631£268,904
2011-11£311,570£612,123£361,114£319,324£269,938
2011-12£312,906£606,082£363,176£322,103£270,646
2012-01£315,128£607,371£365,284£325,928£272,042
2012-02£313,010£623,442£367,364£325,471£267,470
2012-03£310,866£595,709£357,641£322,236£268,796
2012-04£320,165£615,064£367,083£330,159£277,898
2012-05£325,535£624,498£374,385£337,397£281,503
2012-06£328,471£621,649£374,342£342,199£284,375
2012-07£330,760£635,106£379,481£344,766£285,266
2012-08£331,918£637,328£381,731£346,682£285,710
2012-09£330,232£634,737£378,405£343,766£285,109
2012-10£332,172£635,904£380,607£344,560£287,495
2012-11£330,308£634,727£379,241£343,460£285,192
2012-12£335,880£639,832£381,591£349,741£290,970
2013-01£333,332£640,913£384,415£346,379£287,498
2013-02£335,672£640,374£382,300£348,189£291,063
2013-03£334,322£642,921£382,749£347,005£289,136
2013-04£343,563£648,943£387,445£355,826£299,292
2013-05£345,065£657,750£393,219£357,844£299,224
2013-06£347,414£657,289£393,704£361,440£301,438
2013-07£356,482£670,078£401,833£371,248£309,806
2013-08£359,430£679,888£408,618£375,300£310,973
2013-09£364,517£687,440£407,972£378,620£317,791
2013-10£364,036£688,986£412,267£376,248£317,036
2013-11£368,002£691,122£415,452£381,051£320,700
2013-12£376,865£692,509£419,795£389,340£330,799
2014-01£380,935£713,792£428,187£394,039£332,643
2014-02£383,125£720,130£430,114£395,142£335,027
2014-03£386,898£718,655£432,201£399,543£338,856
2014-04£401,818£753,354£450,823£417,658£350,221
2014-05£409,706£758,133£456,558£424,742£358,500
2014-06£414,499£765,372£461,880£430,951£362,274
2014-07£426,870£797,549£481,308£446,322£370,704
2014-08£433,311£809,398£487,982£453,668£376,175
2014-09£432,150£808,866£484,912£450,550£376,165
2014-10£430,684£811,288£487,255£448,727£374,079
2014-11£429,081£813,560£488,474£447,675£371,698
2014-12£431,324£809,718£485,702£447,972£375,713
2015-01£431,270£813,950£488,347£447,390£375,213
2015-02£433,331£819,365£490,207£449,594£377,011
2015-03£433,259£817,453£490,590£449,237£377,054
2015-04£439,403£831,623£497,178£458,552£381,050
2015-05£445,154£830,065£502,358£461,877£388,044
2015-06£449,070£845,281£510,261£472,264£387,583
2015-07£462,097£862,462£523,818£485,363£399,661
2015-08£466,924£882,257£532,941£491,141£402,317
2015-09£470,754£898,352£535,045£493,101£406,620
2015-10£471,562£902,988£543,528£498,203£403,792
2015-11£476,915£907,216£546,726£501,546£410,233
2015-12£481,806£924,977£555,157£506,423£413,636
2016-01£489,741£927,245£565,808£514,525£420,791
2016-02£490,055£945,791£569,577£517,078£418,667
2016-03£497,430£956,186£569,116£522,196£428,100
2016-04£493,598£941,342£570,819£522,178£422,140
2016-05£500,467£946,823£577,360£527,027£429,665
2016-06£501,147£969,028£579,802£528,898£428,549
2016-07£509,080£977,766£592,642£539,737£433,809
2016-08£505,256£973,357£588,362£534,258£431,010
2016-09£505,052£967,479£585,075£532,404£432,378
2016-10£504,240£967,074£585,697£527,800£432,964
2016-11£504,074£970,596£581,678£526,032£434,133
2016-12£505,701£971,090£581,863£528,923£435,457
2017-01£509,175£977,960£588,733£533,553£437,425
2017-02£510,351£972,135£582,867£527,996£443,047
2017-03£508,986£978,594£586,584£531,090£438,548
2017-04£513,641£984,368£587,481£534,019£444,379
2017-05£514,831£974,840£591,484£533,732£446,007
2017-06£514,028£974,960£588,946£537,017£443,819
2017-07£522,994£988,627£602,596£546,675£450,908
2017-08£521,450£990,413£600,085£548,281£448,184
2017-09£517,969£999,791£598,676£542,970£444,743
2017-10£515,752£994,932£600,633£540,448£442,072
2017-11£509,894£977,544£593,401£534,243£437,397
2017-12£510,491£984,333£593,166£535,721£437,511
2018-01£513,622£980,502£596,970£536,730£441,502
2018-02£511,574£983,191£594,525£535,523£439,190
2018-03£505,683£974,415£592,105£533,040£431,941
2018-04£510,925£984,143£599,372£539,640£435,849
2018-05£512,244£988,698£602,142£544,098£435,602
2018-06£513,792£995,338£608,081£543,874£436,755
2018-07£518,923£1,017,079£612,280£552,250£440,004
2018-08£513,384£999,012£604,001£545,228£436,242
2018-09£510,167£999,174£604,023£543,199£432,155
2018-10£513,927£1,006,131£606,865£545,702£436,160
2018-11£507,814£1,000,252£601,069£541,148£429,846
2018-12£506,642£984,677£600,080£536,587£430,393
2019-01£503,232£996,114£598,195£534,159£426,121
2019-02£498,951£982,176£590,898£530,381£422,821
2019-03£496,910£962,984£586,229£528,621£421,945
2019-04£502,664£971,032£590,556£535,945£426,945
2019-05£496,339£960,929£586,983£532,387£419,432
2019-06£503,716£977,136£599,469£537,685£425,915
2019-07£512,265£985,490£601,596£545,967£435,393
2019-08£506,081£988,380£600,892£547,559£424,976
2019-09£510,810£987,421£598,757£545,433£433,785
2019-10£506,016£986,694£604,812£541,848£426,466
2019-11£501,829£990,235£600,329£541,731£420,646
2019-12£512,959£994,934£605,146£549,860£433,845
2020-01£509,527£976,741£600,366£545,159£431,945
2020-02£507,956£999,839£604,905£548,511£426,206
2020-03£516,654£1,004,839£612,235£553,011£436,597
2020-04£509,754£1,009,192£605,806£549,921£427,955
2020-05£506,613£994,054£602,341£544,391£426,483
2020-06£513,833£992,977£613,671£558,429£430,062
2020-07£517,966£1,007,513£615,880£559,085£435,364
2020-08£523,954£1,026,800£627,678£570,321£437,230
2020-09£528,003£1,030,371£630,723£575,246£440,934
2020-10£520,515£1,028,452£626,489£571,831£431,367
2020-11£529,444£1,050,484£637,779£581,284£438,632
2020-12£529,060£1,048,235£640,537£583,008£436,892
2021-01£529,101£1,028,178£633,069£575,732£442,097
2021-02£525,153£1,019,466£628,394£569,633£439,619
2021-03£534,311£1,023,764£633,357£577,649£450,063
2021-04£523,423£1,032,231£629,937£568,226£436,460
2021-05£522,672£1,032,432£629,779£567,691£435,476
2021-06£538,199£1,044,162£643,890£591,954£447,070
2021-07£529,788£1,053,648£627,542£564,200£448,420
2021-08£545,831£1,094,123£658,035£592,354£454,212
2021-09£541,876£1,080,050£657,828£594,208£447,568
2021-10£539,606£1,111,134£661,716£587,385£444,620
2021-11£547,647£1,114,967£667,860£593,226£453,822
2021-12£547,837£1,110,144£669,304£599,668£451,268
2022-01£550,635£1,115,172£674,273£603,709£452,858
2022-02£551,066£1,120,979£675,151£599,827£455,139
2022-03£550,480£1,126,359£678,002£602,636£451,643
2022-04£554,765£1,126,010£680,406£610,671£454,612
2022-05£554,380£1,137,718£688,592£611,999£450,631
2022-06£572,418£1,163,283£706,654£631,836£466,965
2022-07£575,261£1,160,773£709,549£639,419£467,596
2022-08£581,320£1,182,726£720,113£646,971£470,873
2022-09£579,330£1,187,582£720,216£644,506£468,325
2022-10£573,946£1,175,309£714,950£640,019£462,931
2022-11£575,480£1,186,681£718,324£641,610£463,480
2022-12£572,384£1,177,169£715,829£636,298£461,725
2023-01£570,869£1,176,283£715,072£632,120£461,366
2023-02£563,875£1,162,758£703,621£623,137£456,791
2023-03£555,361£1,144,602£691,159£608,053£452,865
2023-04£557,147£1,147,277£693,063£615,552£451,930
2023-05£554,900£1,127,937£683,701£610,746£453,179
2023-06£556,107£1,139,611£687,132£617,007£451,136
2023-07£559,703£1,148,716£701,941£626,335£449,451
2023-08£560,630£1,158,495£700,590£627,335£450,401
2023-09£565,702£1,148,975£699,001£631,829£457,504
2023-10£555,122£1,121,185£686,504£615,130£451,271
2023-11£547,757£1,122,469£683,330£607,555£443,076
2023-12£549,112£1,112,849£680,704£609,446£445,438
2024-01£551,097£1,114,674£683,824£612,914£446,441
2024-02£546,247£1,099,375£677,985£608,497£442,297
2024-03£547,437£1,099,755£669,457£606,355£446,831
2024-04£548,467£1,108,170£680,119£608,973£444,870
2024-05£553,592£1,106,213£681,688£614,656£450,513
2024-06£556,853£1,117,563£685,162£618,622£452,934
2024-07£557,831£1,131,093£698,511£628,695£447,128
2024-08£567,121£1,144,551£703,166£636,941£457,091
2024-09£566,882£1,169,749£711,215£637,408£453,901
2024-10£560,909£1,148,653£702,839£627,946£450,756
2024-11£559,925£1,145,265£702,077£628,742£449,157
2024-12£556,882£1,142,262£694,670£627,192£446,546
2025-01£563,861£1,156,257£710,657£637,810£449,606
2025-02£561,072£1,146,897£705,950£634,342£447,868
2025-03£553,812£1,107,509£692,870£624,529£444,391
2025-04£564,530£1,180,037£715,529£632,982£450,701
2025-05£564,719£1,168,700£712,850£635,448£450,966
2025-06£566,934£1,173,933£718,708£642,876£450,229
2025-07£568,801£1,162,724£719,581£645,068£452,528
2025-08£565,321£1,152,594£721,956£649,989£445,242
2025-09£562,880£1,162,133£719,889£647,607£442,428
2025-10£553,684£1,155,740£716,763£637,946£432,813
2025-11£557,252£1,158,261£718,685£643,625£435,692
2025-12£547,969£1,146,414£710,466£632,004£427,813
2026-01£551,438£1,145,610£714,815£642,004£428,637
2026-02£542,175£1,134,882£706,321£626,609£422,209
2026-03£542,378£1,132,150£708,374£632,303£420,157
2026-04£552,655£1,159,487£715,926£637,506£431,455
Year-on-year price change by type in London, 1995 to 2026
-20%-15%-10%-5%0%+5%+10%+15%+20%+25%+30%+35%All property types 1996-01: +1.2%All property types 1997-02: +9.8%All property types 1998-03: +17.0%All property types 1999-04: +8.2%All property types 2000-05: +26.7%All property types 2001-06: +10.6%All property types 2002-07: +18.6%All property types 2003-08: +8.9%All property types 2004-09: +10.0%All property types 2005-10: +0.9%All property types 2006-11: +9.4%All property types 2007-12: +12.7%All property types 2009-01: -15.2%All property types 2010-02: +11.6%All property types 2011-03: +2.4%All property types 2012-04: +1.7%All property types 2013-05: +6.0%All property types 2014-06: +19.3%All property types 2015-07: +8.3%All property types 2016-08: +8.2%All property types 2017-09: +2.6%All property types 2018-10: -0.4%All property types 2019-11: -1.2%All property types 2020-12: +3.1%All property types 2022-01: +4.1%All property types 2023-02: +2.3%All property types 2024-03: -1.4%All property types 2025-04: +2.9%All property types 2026-04: -2.1%Detached 1996-01: -0.9%Detached 1997-02: +10.5%Detached 1998-03: +17.8%Detached 1999-04: +8.3%Detached 2000-05: +28.2%Detached 2001-06: +7.8%Detached 2002-07: +15.7%Detached 2003-08: +7.4%Detached 2004-09: +5.3%Detached 2005-10: -1.2%Detached 2006-11: +8.9%Detached 2007-12: +12.3%Detached 2009-01: -13.8%Detached 2010-02: +12.7%Detached 2011-03: +5.1%Detached 2012-04: +0.9%Detached 2013-05: +5.3%Detached 2014-06: +16.4%Detached 2015-07: +8.1%Detached 2016-08: +10.3%Detached 2017-09: +3.3%Detached 2018-10: +1.1%Detached 2019-11: -1.0%Detached 2020-12: +5.4%Detached 2022-01: +8.5%Detached 2023-02: +3.7%Detached 2024-03: -3.9%Detached 2025-04: +6.5%Detached 2026-04: -1.7%Semi-detached 1996-01: +0.5%Semi-detached 1997-02: +8.2%Semi-detached 1998-03: +17.6%Semi-detached 1999-04: +7.6%Semi-detached 2000-05: +26.5%Semi-detached 2001-06: +8.2%Semi-detached 2002-07: +17.2%Semi-detached 2003-08: +10.6%Semi-detached 2004-09: +8.3%Semi-detached 2005-10: -0.1%Semi-detached 2006-11: +8.5%Semi-detached 2007-12: +11.3%Semi-detached 2009-01: -15.0%Semi-detached 2010-02: +13.2%Semi-detached 2011-03: +1.9%Semi-detached 2012-04: +2.3%Semi-detached 2013-05: +5.0%Semi-detached 2014-06: +17.3%Semi-detached 2015-07: +8.8%Semi-detached 2016-08: +10.4%Semi-detached 2017-09: +2.3%Semi-detached 2018-10: +1.0%Semi-detached 2019-11: -0.1%Semi-detached 2020-12: +5.8%Semi-detached 2022-01: +6.5%Semi-detached 2023-02: +4.2%Semi-detached 2024-03: -3.1%Semi-detached 2025-04: +5.2%Semi-detached 2026-04: +0.1%Terraced 1996-01: +1.4%Terraced 1997-02: +9.4%Terraced 1998-03: +16.6%Terraced 1999-04: +8.3%Terraced 2000-05: +25.8%Terraced 2001-06: +9.5%Terraced 2002-07: +18.4%Terraced 2003-08: +10.1%Terraced 2004-09: +11.2%Terraced 2005-10: +1.8%Terraced 2006-11: +10.0%Terraced 2007-12: +11.9%Terraced 2009-01: -16.1%Terraced 2010-02: +14.4%Terraced 2011-03: +2.0%Terraced 2012-04: +2.3%Terraced 2013-05: +6.1%Terraced 2014-06: +19.2%Terraced 2015-07: +8.7%Terraced 2016-08: +8.8%Terraced 2017-09: +2.0%Terraced 2018-10: +1.0%Terraced 2019-11: +0.1%Terraced 2020-12: +6.0%Terraced 2022-01: +4.9%Terraced 2023-02: +3.9%Terraced 2024-03: -0.3%Terraced 2025-04: +3.9%Terraced 2026-04: +0.7%Flats 1996-01: +1.9%Flats 1997-02: +11.1%Flats 1998-03: +16.6%Flats 1999-04: +8.5%Flats 2000-05: +27.0%Flats 2001-06: +12.5%Flats 2002-07: +19.6%Flats 2003-08: +7.6%Flats 2004-09: +10.1%Flats 2005-10: +0.8%Flats 2006-11: +9.4%Flats 2007-12: +13.5%Flats 2009-01: -14.9%Flats 2010-02: +9.2%Flats 2011-03: +2.5%Flats 2012-04: +1.2%Flats 2013-05: +6.3%Flats 2014-06: +20.2%Flats 2015-07: +7.8%Flats 2016-08: +7.1%Flats 2017-09: +2.9%Flats 2018-10: -1.3%Flats 2019-11: -2.1%Flats 2020-12: +0.7%Flats 2022-01: +2.4%Flats 2023-02: +0.4%Flats 2024-03: -1.3%Flats 2025-04: +1.3%Flats 2026-04: -4.3%1996200120062011201620212026
  • All property types
  • Detached
  • Semi-detached
  • Terraced
  • Flats

Source: HM Land Registry House Price Index

YearAll property typesDetachedSemi-detachedTerracedFlats
1996-01+1.2%-0.9%+0.5%+1.4%+1.9%
1996-02+4.5%+1.4%+1.5%+1.9%+11.0%
1996-03+2.4%+3.2%+2.2%+2.0%+3.0%
1996-04+3.1%+2.1%+2.3%+2.4%+4.7%
1996-05+2.4%+1.1%+1.7%+2.6%+2.9%
1996-06+3.3%+3.2%+2.6%+3.0%+4.2%
1996-07+3.7%+3.2%+2.8%+2.7%+5.7%
1996-08+4.7%+4.8%+4.2%+4.6%+5.1%
1996-09+6.4%+6.3%+6.0%+5.7%+7.6%
1996-10+7.0%+6.7%+6.1%+7.2%+7.4%
1996-11+8.2%+7.3%+7.4%+8.9%+8.3%
1996-12+8.3%+7.7%+8.3%+8.6%+8.1%
1997-01+10.3%+10.1%+9.7%+10.0%+11.0%
1997-02+9.8%+10.5%+8.2%+9.4%+11.1%
1997-03+11.7%+10.3%+10.1%+11.4%+13.4%
1997-04+12.1%+12.5%+11.9%+12.1%+12.1%
1997-05+14.7%+16.1%+14.2%+13.5%+15.9%
1997-06+14.2%+16.3%+14.3%+15.2%+12.7%
1997-07+16.9%+17.5%+16.9%+17.8%+16.0%
1997-08+16.5%+17.4%+16.8%+16.1%+16.9%
1997-09+18.1%+19.5%+18.3%+17.9%+18.1%
1997-10+18.1%+18.6%+18.5%+18.1%+18.2%
1997-11+18.5%+22.3%+19.3%+17.5%+18.4%
1997-12+19.0%+20.8%+19.2%+18.8%+18.9%
1998-01+17.9%+20.8%+18.2%+18.1%+17.1%
1998-02+16.0%+16.6%+17.3%+15.8%+15.1%
1998-03+17.0%+17.8%+17.6%+16.6%+16.6%
1998-04+17.7%+19.1%+18.4%+17.6%+16.9%
1998-05+14.2%+14.2%+14.9%+14.6%+13.2%
1998-06+15.3%+13.9%+15.4%+14.4%+16.1%
1998-07+13.3%+14.0%+14.0%+12.5%+13.5%
1998-08+13.0%+14.4%+13.0%+12.8%+13.0%
1998-09+11.1%+11.5%+11.4%+11.1%+10.9%
1998-10+10.9%+11.1%+11.0%+9.9%+11.7%
1998-11+9.7%+9.5%+10.0%+8.9%+10.2%
1998-12+8.2%+7.4%+7.7%+7.6%+8.9%
1999-01+7.9%+6.6%+7.8%+6.4%+9.4%
1999-02+8.6%+9.6%+8.5%+8.0%+9.0%
1999-03+8.6%+8.8%+8.2%+7.8%+9.3%
1999-04+8.2%+8.3%+7.6%+8.3%+8.5%
1999-05+10.0%+9.1%+8.3%+9.0%+11.6%
1999-06+10.1%+11.1%+9.7%+10.2%+10.2%
1999-07+12.1%+11.5%+10.0%+12.0%+13.2%
1999-08+14.7%+11.3%+12.0%+14.4%+16.4%
1999-09+17.2%+15.0%+13.6%+15.8%+20.0%
1999-10+18.1%+16.1%+15.7%+17.5%+19.6%
1999-11+20.7%+18.3%+17.9%+21.0%+21.8%
1999-12+22.1%+19.5%+18.7%+21.1%+24.5%
2000-01+23.4%+24.0%+22.8%+23.7%+23.3%
2000-02+26.1%+24.1%+23.2%+26.1%+27.1%
2000-03+25.0%+25.0%+23.8%+25.6%+25.0%
2000-04+28.3%+26.4%+25.6%+26.4%+30.7%
2000-05+26.7%+28.2%+26.5%+25.8%+27.0%
2000-06+26.7%+24.3%+24.9%+25.0%+28.5%
2000-07+24.9%+25.5%+24.5%+23.6%+25.9%
2000-08+23.4%+23.6%+23.2%+20.9%+25.0%
2000-09+20.1%+20.9%+20.2%+19.2%+20.4%
2000-10+18.4%+20.3%+19.3%+17.6%+18.3%
2000-11+17.4%+17.6%+15.6%+14.9%+19.5%
2000-12+15.3%+15.9%+14.7%+13.8%+16.1%
2001-01+14.7%+11.6%+12.0%+13.3%+16.7%
2001-02+12.9%+13.2%+13.2%+12.1%+13.2%
2001-03+12.4%+9.8%+10.8%+10.8%+14.3%
2001-04+8.7%+8.0%+7.9%+8.6%+9.0%
2001-05+11.6%+7.5%+8.7%+10.9%+13.3%
2001-06+10.6%+7.8%+8.2%+9.5%+12.5%
2001-07+10.2%+7.7%+8.8%+9.3%+11.4%
2001-08+11.8%+9.3%+9.5%+12.0%+12.6%
2001-09+11.9%+9.3%+10.6%+11.8%+12.6%
2001-10+14.1%+10.7%+11.5%+14.2%+15.2%
2001-11+13.2%+10.3%+13.1%+13.8%+13.2%
2001-12+13.7%+10.8%+12.5%+12.9%+15.0%
2002-01+13.6%+12.4%+13.7%+12.9%+14.1%
2002-02+13.8%+9.7%+11.8%+13.3%+15.4%
2002-03+14.4%+12.5%+13.6%+14.0%+15.3%
2002-04+16.6%+13.3%+15.5%+14.9%+18.5%
2002-05+16.3%+14.8%+16.5%+15.3%+17.1%
2002-06+17.2%+14.8%+15.9%+16.6%+18.2%
2002-07+18.6%+15.7%+17.2%+18.4%+19.6%
2002-08+18.7%+15.8%+18.5%+18.7%+18.9%
2002-09+19.6%+16.0%+19.6%+19.4%+20.0%
2002-10+19.8%+16.2%+19.9%+19.6%+20.2%
2002-11+21.1%+19.0%+20.3%+21.1%+21.6%
2002-12+21.3%+19.8%+22.9%+22.5%+20.1%
2003-01+22.0%+18.9%+20.8%+23.6%+21.5%
2003-02+21.1%+19.4%+22.6%+21.5%+20.4%
2003-03+19.0%+18.0%+20.3%+19.9%+18.0%
2003-04+16.7%+15.6%+18.9%+17.9%+15.2%
2003-05+15.2%+14.0%+16.9%+17.0%+13.4%
2003-06+12.3%+13.0%+15.4%+13.8%+10.1%
2003-07+11.8%+9.4%+13.7%+13.0%+10.6%
2003-08+8.9%+7.4%+10.6%+10.1%+7.6%
2003-09+8.0%+7.4%+9.7%+9.5%+6.5%
2003-10+7.8%+5.7%+8.3%+9.2%+6.8%
2003-11+6.4%+3.1%+7.4%+8.4%+5.0%
2003-12+6.7%+3.2%+6.2%+7.8%+6.3%
2004-01+5.6%+3.6%+6.6%+6.2%+5.1%
2004-02+6.5%+4.8%+6.4%+8.2%+5.5%
2004-03+7.7%+4.1%+6.4%+8.9%+7.5%
2004-04+8.6%+4.7%+8.0%+11.1%+7.4%
2004-05+8.0%+2.7%+6.8%+9.0%+8.1%
2004-06+10.2%+4.9%+8.7%+11.4%+10.2%
2004-07+9.4%+4.9%+8.4%+11.0%+9.0%
2004-08+10.4%+6.9%+9.1%+11.7%+10.3%
2004-09+10.0%+5.3%+8.3%+11.2%+10.1%
2004-10+8.2%+4.9%+7.2%+9.4%+8.2%
2004-11+8.9%+5.7%+7.7%+9.5%+9.1%
2004-12+6.1%+4.9%+5.4%+7.5%+5.4%
2005-01+6.2%+3.2%+4.8%+7.5%+6.0%
2005-02+5.2%+1.8%+3.8%+5.9%+5.5%
2005-03+4.5%+1.8%+4.0%+5.6%+4.1%
2005-04+4.2%+1.7%+3.0%+4.9%+4.4%
2005-05+3.7%+4.1%+3.2%+4.3%+3.3%
2005-06+2.5%+1.1%+2.0%+4.4%+1.5%
2005-07+1.7%+0.4%+0.9%+2.4%+1.6%
2005-08+1.3%-0.7%0.0%+2.1%+1.5%
2005-09+1.2%0.0%+0.7%+2.4%+0.7%
2005-10+0.9%-1.2%-0.1%+1.8%+0.8%
2005-11+0.8%-0.9%+0.1%+2.1%+0.3%
2005-12+3.6%-0.5%+1.0%+4.2%+4.3%
2006-01+3.2%+1.3%+2.5%+4.1%+3.0%
2006-02+3.4%+1.3%+2.3%+4.0%+3.5%
2006-03+4.4%+3.2%+3.5%+5.0%+4.3%
2006-04+4.3%+2.8%+3.2%+4.9%+4.4%
2006-05+5.1%+2.8%+3.3%+5.6%+5.5%
2006-06+6.6%+5.2%+4.8%+6.7%+7.2%
2006-07+6.7%+5.3%+5.2%+7.9%+6.6%
2006-08+7.9%+6.4%+7.0%+8.7%+7.7%
2006-09+8.7%+7.0%+6.8%+8.6%+9.5%
2006-10+10.6%+9.1%+8.7%+10.7%+11.2%
2006-11+9.4%+8.9%+8.5%+10.0%+9.4%
2006-12+11.0%+11.9%+10.9%+11.6%+10.5%
2007-01+11.6%+9.3%+9.6%+11.8%+12.3%
2007-02+13.2%+11.8%+11.3%+12.9%+14.1%
2007-03+13.3%+11.6%+11.4%+13.6%+13.8%
2007-04+13.6%+12.6%+11.7%+14.2%+13.9%
2007-05+14.2%+11.9%+12.2%+14.4%+14.9%
2007-06+13.7%+12.7%+12.0%+13.6%+14.4%
2007-07+16.5%+15.8%+14.6%+15.7%+17.6%
2007-08+16.0%+14.1%+13.4%+15.9%+16.9%
2007-09+15.9%+14.4%+13.4%+15.4%+17.0%
2007-10+15.2%+15.0%+13.0%+14.8%+16.1%
2007-11+15.0%+15.6%+13.5%+14.2%+15.9%
2007-12+12.7%+12.3%+11.3%+11.9%+13.5%
2008-01+11.6%+13.3%+10.8%+11.1%+11.9%
2008-02+9.2%+10.2%+8.8%+9.5%+9.1%
2008-03+7.4%+8.2%+7.4%+7.5%+7.2%
2008-04+5.6%+8.8%+5.6%+5.0%+5.6%
2008-05+4.4%+6.7%+5.0%+4.5%+4.0%
2008-06+1.4%+3.3%+2.2%+2.1%+0.7%
2008-07-1.8%-0.3%-2.1%-2.4%-1.6%
2008-08-5.4%-2.5%-4.1%-5.9%-5.6%
2008-09-7.3%-5.2%-7.1%-7.7%-7.4%
2008-10-10.6%-8.8%-10.1%-11.6%-10.3%
2008-11-13.1%-12.0%-13.0%-13.2%-13.2%
2008-12-14.8%-12.9%-13.8%-14.3%-15.5%
2009-01-15.2%-13.8%-15.0%-16.1%-14.9%
2009-02-15.5%-15.9%-15.6%-16.0%-15.1%
2009-03-15.8%-15.9%-16.5%-17.2%-14.7%
2009-04-16.6%-18.1%-16.5%-17.2%-16.3%
2009-05-15.3%-15.9%-15.6%-16.0%-14.7%
2009-06-12.6%-13.6%-13.1%-12.9%-12.2%
2009-07-10.5%-11.3%-9.7%-9.5%-11.3%
2009-08-7.0%-7.6%-6.4%-6.2%-7.7%
2009-09-3.2%-5.2%-3.1%-2.5%-3.6%
2009-10+0.7%-0.4%+1.7%+2.9%-0.9%
2009-11+3.2%+1.6%+3.0%+4.8%+2.2%
2009-12+6.4%+4.6%+6.7%+7.6%+5.5%
2010-01+10.5%+8.3%+11.4%+13.4%+8.6%
2010-02+11.6%+12.7%+13.2%+14.4%+9.2%
2010-03+13.4%+15.6%+15.1%+15.5%+11.3%
2010-04+14.9%+16.2%+15.7%+16.6%+13.4%
2010-05+12.7%+15.1%+14.2%+15.1%+10.5%
2010-06+12.2%+14.4%+13.5%+13.4%+10.7%
2010-07+12.7%+15.6%+13.3%+14.2%+11.3%
2010-08+10.9%+12.4%+12.1%+11.8%+9.8%
2010-09+8.4%+12.5%+10.5%+10.2%+6.3%
2010-10+6.5%+8.6%+7.4%+7.2%+5.4%
2010-11+5.8%+8.9%+8.0%+5.4%+5.0%
2010-12+5.6%+8.5%+6.4%+5.3%+5.3%
2011-01+3.0%+6.8%+3.6%+2.8%+2.4%
2011-02+2.3%+6.1%+2.5%+1.3%+2.5%
2011-03+2.4%+5.1%+1.9%+2.0%+2.5%
2011-04+4.3%+5.0%+2.6%+3.7%+5.1%
2011-05+1.1%+1.4%+1.3%+0.5%+1.3%
2011-06+0.5%-0.3%+0.2%-0.1%+1.1%
2011-07+1.0%-0.9%-0.3%-0.1%+2.4%
2011-08+1.5%+1.1%+0.5%+1.7%+1.7%
2011-09+1.8%+1.3%+0.9%+1.5%+2.3%
2011-10+2.1%+3.1%+2.4%+1.7%+2.2%
2011-11+3.1%+2.5%+1.6%+2.5%+4.0%
2011-12+2.4%+1.5%+1.8%+2.3%+2.9%
2012-01+2.2%-1.2%+1.7%+2.2%+2.8%
2012-02+2.5%+2.4%+3.2%+3.8%+1.6%
2012-03+1.1%-2.8%+1.0%+2.5%+0.8%
2012-04+1.7%+0.9%+2.3%+2.3%+1.2%
2012-05+6.8%+5.7%+5.7%+7.5%+6.9%
2012-06+7.3%+6.2%+6.1%+8.6%+7.0%
2012-07+4.4%+4.5%+4.6%+5.7%+3.6%
2012-08+5.1%+4.2%+4.2%+5.6%+5.3%
2012-09+4.4%+2.3%+3.5%+4.9%+4.7%
2012-10+6.2%+2.7%+3.9%+6.8%+6.9%
2012-11+6.0%+3.7%+5.0%+7.6%+5.7%
2012-12+7.3%+5.6%+5.1%+8.6%+7.5%
2013-01+5.8%+5.5%+5.2%+6.3%+5.7%
2013-02+7.2%+2.7%+4.1%+7.0%+8.8%
2013-03+7.5%+7.9%+7.0%+7.7%+7.6%
2013-04+7.3%+5.5%+5.5%+7.8%+7.7%
2013-05+6.0%+5.3%+5.0%+6.1%+6.3%
2013-06+5.8%+5.7%+5.2%+5.6%+6.0%
2013-07+7.8%+5.5%+5.9%+7.7%+8.6%
2013-08+8.3%+6.7%+7.0%+8.3%+8.8%
2013-09+10.4%+8.3%+7.8%+10.1%+11.5%
2013-10+9.6%+8.3%+8.3%+9.2%+10.3%
2013-11+11.4%+8.9%+9.5%+10.9%+12.5%
2013-12+12.2%+8.2%+10.0%+11.3%+13.7%
2014-01+14.3%+11.4%+11.4%+13.8%+15.7%
2014-02+14.1%+12.5%+12.5%+13.5%+15.1%
2014-03+15.7%+11.8%+12.9%+15.1%+17.2%
2014-04+17.0%+16.1%+16.4%+17.4%+17.0%
2014-05+18.7%+15.3%+16.1%+18.7%+19.8%
2014-06+19.3%+16.4%+17.3%+19.2%+20.2%
2014-07+19.7%+19.0%+19.8%+20.2%+19.7%
2014-08+20.6%+19.0%+19.4%+20.9%+21.0%
2014-09+18.6%+17.7%+18.9%+19.0%+18.4%
2014-10+18.3%+17.8%+18.2%+19.3%+18.0%
2014-11+16.6%+17.7%+17.6%+17.5%+15.9%
2014-12+14.5%+16.9%+15.7%+15.1%+13.6%
2015-01+13.2%+14.0%+14.0%+13.5%+12.8%
2015-02+13.1%+13.8%+14.0%+13.8%+12.5%
2015-03+12.0%+13.7%+13.5%+12.4%+11.3%
2015-04+9.4%+10.4%+10.3%+9.8%+8.8%
2015-05+8.7%+9.5%+10.0%+8.7%+8.2%
2015-06+8.3%+10.4%+10.5%+9.6%+7.0%
2015-07+8.3%+8.1%+8.8%+8.7%+7.8%
2015-08+7.8%+9.0%+9.2%+8.3%+6.9%
2015-09+8.9%+11.1%+10.3%+9.4%+8.1%
2015-10+9.5%+11.3%+11.5%+11.0%+7.9%
2015-11+11.1%+11.5%+11.9%+12.0%+10.4%
2015-12+11.7%+14.2%+14.3%+13.0%+10.1%
2016-01+13.6%+13.9%+15.9%+15.0%+12.1%
2016-02+13.1%+15.4%+16.2%+15.0%+11.0%
2016-03+14.8%+17.0%+16.0%+16.2%+13.5%
2016-04+12.3%+13.2%+14.8%+13.9%+10.8%
2016-05+12.4%+14.1%+14.9%+14.1%+10.7%
2016-06+11.6%+14.6%+13.6%+12.0%+10.6%
2016-07+10.2%+13.4%+13.1%+11.2%+8.5%
2016-08+8.2%+10.3%+10.4%+8.8%+7.1%
2016-09+7.3%+7.7%+9.4%+8.0%+6.3%
2016-10+6.9%+7.1%+7.8%+5.9%+7.2%
2016-11+5.7%+7.0%+6.4%+4.9%+5.8%
2016-12+5.0%+5.0%+4.8%+4.4%+5.3%
2017-01+4.0%+5.5%+4.1%+3.7%+4.0%
2017-02+4.1%+2.8%+2.3%+2.1%+5.8%
2017-03+2.3%+2.3%+3.1%+1.7%+2.4%
2017-04+4.1%+4.6%+2.9%+2.3%+5.3%
2017-05+2.9%+3.0%+2.4%+1.3%+3.8%
2017-06+2.6%+0.6%+1.6%+1.5%+3.6%
2017-07+2.7%+1.1%+1.7%+1.3%+3.9%
2017-08+3.2%+1.8%+2.0%+2.6%+4.0%
2017-09+2.6%+3.3%+2.3%+2.0%+2.9%
2017-10+2.3%+2.9%+2.6%+2.4%+2.1%
2017-11+1.2%+0.7%+2.0%+1.6%+0.8%
2017-12+0.9%+1.4%+1.9%+1.3%+0.5%
2018-01+0.9%+0.3%+1.4%+0.6%+0.9%
2018-02+0.2%+1.1%+2.0%+1.4%-0.9%
2018-03-0.6%-0.4%+0.9%+0.4%-1.5%
2018-04-0.5%0.0%+2.0%+1.1%-1.9%
2018-05-0.5%+1.4%+1.8%+1.9%-2.3%
2018-060.0%+2.1%+3.2%+1.3%-1.6%
2018-07-0.8%+2.9%+1.6%+1.0%-2.4%
2018-08-1.5%+0.9%+0.7%-0.6%-2.7%
2018-09-1.5%-0.1%+0.9%0.0%-2.8%
2018-10-0.4%+1.1%+1.0%+1.0%-1.3%
2018-11-0.4%+2.3%+1.3%+1.3%-1.7%
2018-12-0.8%0.0%+1.2%+0.2%-1.6%
2019-01-2.0%+1.6%+0.2%-0.5%-3.5%
2019-02-2.5%-0.1%-0.6%-1.0%-3.7%
2019-03-1.7%-1.2%-1.0%-0.8%-2.3%
2019-04-1.6%-1.3%-1.5%-0.7%-2.0%
2019-05-3.1%-2.8%-2.5%-2.2%-3.7%
2019-06-2.0%-1.8%-1.4%-1.1%-2.5%
2019-07-1.3%-3.1%-1.7%-1.1%-1.0%
2019-08-1.4%-1.1%-0.5%+0.4%-2.6%
2019-09+0.1%-1.2%-0.9%+0.4%+0.4%
2019-10-1.5%-1.9%-0.3%-0.7%-2.2%
2019-11-1.2%-1.0%-0.1%+0.1%-2.1%
2019-12+1.2%+1.0%+0.8%+2.5%+0.8%
2020-01+1.3%-1.9%+0.4%+2.1%+1.4%
2020-02+1.8%+1.8%+2.4%+3.4%+0.8%
2020-03+4.0%+4.3%+4.4%+4.6%+3.5%
2020-04+1.4%+3.9%+2.6%+2.6%+0.2%
2020-05+2.1%+3.4%+2.6%+2.3%+1.7%
2020-06+2.0%+1.6%+2.4%+3.9%+1.0%
2020-07+1.1%+2.2%+2.4%+2.4%0.0%
2020-08+3.5%+3.9%+4.5%+4.2%+2.9%
2020-09+3.4%+4.3%+5.3%+5.5%+1.6%
2020-10+2.9%+4.2%+3.6%+5.5%+1.1%
2020-11+5.5%+6.1%+6.2%+7.3%+4.3%
2020-12+3.1%+5.4%+5.8%+6.0%+0.7%
2021-01+3.8%+5.3%+5.4%+5.6%+2.4%
2021-02+3.4%+2.0%+3.9%+3.9%+3.1%
2021-03+3.4%+1.9%+3.4%+4.5%+3.1%
2021-04+2.7%+2.3%+4.0%+3.3%+2.0%
2021-05+3.2%+3.9%+4.6%+4.3%+2.1%
2021-06+4.7%+5.2%+4.9%+6.0%+4.0%
2021-07+2.3%+4.6%+1.9%+0.9%+3.0%
2021-08+4.2%+6.6%+4.8%+3.9%+3.9%
2021-09+2.6%+4.8%+4.3%+3.3%+1.5%
2021-10+3.7%+8.0%+5.6%+2.7%+3.1%
2021-11+3.4%+6.1%+4.7%+2.1%+3.5%
2021-12+3.5%+5.9%+4.5%+2.9%+3.3%
2022-01+4.1%+8.5%+6.5%+4.9%+2.4%
2022-02+4.9%+10.0%+7.4%+5.3%+3.5%
2022-03+3.0%+10.0%+7.0%+4.3%+0.4%
2022-04+6.0%+9.1%+8.0%+7.5%+4.2%
2022-05+6.1%+10.2%+9.3%+7.8%+3.5%
2022-06+6.4%+11.4%+9.7%+6.7%+4.5%
2022-07+8.6%+10.2%+13.1%+13.3%+4.3%
2022-08+6.5%+8.1%+9.4%+9.2%+3.7%
2022-09+6.9%+10.0%+9.5%+8.5%+4.6%
2022-10+6.4%+5.8%+8.0%+9.0%+4.1%
2022-11+5.1%+6.4%+7.6%+8.2%+2.1%
2022-12+4.5%+6.0%+7.0%+6.1%+2.3%
2023-01+3.7%+5.5%+6.1%+4.7%+1.9%
2023-02+2.3%+3.7%+4.2%+3.9%+0.4%
2023-03+0.9%+1.6%+1.9%+0.9%+0.3%
2023-04+0.4%+1.9%+1.9%+0.8%-0.6%
2023-05+0.1%-0.9%-0.7%-0.2%+0.6%
2023-06-2.8%-2.0%-2.8%-2.3%-3.4%
2023-07-2.7%-1.0%-1.1%-2.0%-3.9%
2023-08-3.6%-2.0%-2.7%-3.0%-4.3%
2023-09-2.4%-3.3%-2.9%-2.0%-2.3%
2023-10-3.3%-4.6%-4.0%-3.9%-2.5%
2023-11-4.8%-5.4%-4.9%-5.3%-4.4%
2023-12-4.1%-5.5%-4.9%-4.2%-3.5%
2024-01-3.5%-5.2%-4.4%-3.0%-3.2%
2024-02-3.1%-5.5%-3.6%-2.3%-3.2%
2024-03-1.4%-3.9%-3.1%-0.3%-1.3%
2024-04-1.6%-3.4%-1.9%-1.1%-1.6%
2024-05-0.2%-1.9%-0.3%+0.6%-0.6%
2024-06+0.1%-1.9%-0.3%+0.3%+0.4%
2024-07-0.3%-1.5%-0.5%+0.4%-0.5%
2024-08+1.2%-1.2%+0.4%+1.5%+1.5%
2024-09+0.2%+1.8%+1.7%+0.9%-0.8%
2024-10+1.0%+2.4%+2.4%+2.1%-0.1%
2024-11+2.2%+2.0%+2.7%+3.5%+1.4%
2024-12+1.4%+2.6%+2.1%+2.9%+0.2%
2025-01+2.3%+3.7%+3.9%+4.1%+0.7%
2025-02+2.7%+4.3%+4.1%+4.2%+1.3%
2025-03+1.2%+0.7%+3.5%+3.0%-0.5%
2025-04+2.9%+6.5%+5.2%+3.9%+1.3%
2025-05+2.0%+5.6%+4.6%+3.4%+0.1%
2025-06+1.8%+5.0%+4.9%+3.9%-0.6%
2025-07+2.0%+2.8%+3.0%+2.6%+1.2%
2025-08-0.3%+0.7%+2.7%+2.0%-2.6%
2025-09-0.7%-0.7%+1.2%+1.6%-2.5%
2025-10-1.3%+0.6%+2.0%+1.6%-4.0%
2025-11-0.5%+1.1%+2.4%+2.4%-3.0%
2025-12-1.6%+0.4%+2.3%+0.8%-4.2%
2026-01-2.2%-0.9%+0.6%+0.7%-4.7%
2026-02-3.4%-1.0%+0.1%-1.2%-5.7%
2026-03-2.1%+2.2%+2.2%+1.2%-5.5%
2026-04-2.1%-1.7%+0.1%+0.7%-4.3%

The plateau looks different across property types. The latest figures put detached homes at £1,159,487, semi-detached at £715,926, terraced at £637,506 and flats at £431,455. Flats have lagged the rest of the market through the plateau, with the year-on-year reading still negative in early 2026, while houses have held closer to flat. The gap between a detached London home and a London flat is now more than £700,000, which is the clearest single measure of how wide the capital's market runs.

For the national backdrop these London figures sit against, our guide to the highest-yielding areas across the UK sets the capital alongside the regional markets where asking prices are lower and yields are higher.

London's investment areas, by characteristic

London is not one market but a set of sub-markets that an investor reads by price and yield rather than by postcode prestige. Yield runs in reverse to price: gross yields fall as you move into the centre and rise as you move out, from about 5.2% in prime-central Camden to about 6.8% in the outer-east. The clean split is between an outer value belt, where homes sell from around £360,000, and a prime-central zone, where the £552,655 sold average understates a market that runs past £1m. If income is the priority, the data points outward; if the priority is a prime-central asset, the yield is lower by design.

The outer-east value belt is where most London buy-to-let budgets start. Newham (E6, E13, E16) and Barking and Dagenham (IG11, RM8) reach about 6.8% gross yield, the highest in the capital, because sold prices near £360,000 carry rents that cover a larger share of the purchase cost; Enfield (EN1, EN3) follows at 6.4%, with Bexley (DA7, DA15), Greenwich (SE10, SE18) and Waltham Forest (E17) at about 6.3%. These are also the boroughs absorbing the heaviest regeneration spend, out through the Thames Gateway, so the entry near £360,000 buys both an income yield above 6% and exposure to new infrastructure.

The prime-central zone is the mirror image: high value, low yield. Camden runs at about 5.2%, Islington and Wandsworth near 5.3% and Westminster near 5.4%, on asking prices that push the average detached London home to £1,159,487. The return in these boroughs comes from the value and liquidity of the asset and the depth of tenant demand rather than from a high rent-to-price ratio, which is why their gross yields sit a full point or more below the outer belt.

The result is a London-specific quirk worth planning around: the cheapest areas and the highest-yielding areas are the same areas. A purchase near £360,000 in the outer-east needs a 30% deposit of about £108,000, against roughly £165,797 on the £552,655 London sold average, and carries the 6.8% top yield. For the full borough-by-borough ranking behind this split, our guide to the areas of London with the highest rental yields sets out every borough's gross yield in order, readable at postcode level.

Buy-to-let deposits in London

Buy-to-let lending in London is normally arranged on a 30% deposit, so the cash needed to enter tracks the borough's asking price. The table below sets the 30% deposit against the mean asking price and top gross yield for all 32 London boroughs, ordered from the lowest entry cost to the highest. Barking, Bexley and Newham sit at the top, where deposits between about £121,000 and £131,000 carry the capital's highest yields near 6.8%; Camden, Westminster and Kensington and Chelsea sit at the foot, with deposits above £300,000.

BoroughMean Asking Price30% DepositTop Gross Yield
Barking£402,635£120,7906.8%
Bexley£428,037£128,4116.3%
Newham£437,735£131,3206.8%
Sutton£464,404£139,3215.1%
Greenwich£464,537£139,3616.3%
Croydon£466,187£139,8565.4%
Hillingdon£482,012£144,6045.6%
Lewisham£490,640£147,1926.0%
Hounslow£512,043£153,6135.7%
Waltham Forest£518,892£155,6686.3%
Havering£519,544£155,8636.1%
Tower Hamlets£520,706£156,2126.5%
Redbridge£538,319£161,4965.5%
Enfield£539,526£161,8586.4%
Ealing£541,582£162,4755.7%
Bromley£544,449£163,3355.4%
Harrow£549,497£164,8495.4%
Brent£554,541£166,3625.6%
Lambeth£587,762£176,3295.6%
Southwark£588,476£176,5436.0%
Kingston upon Thames£590,531£177,1594.2%
Merton£596,108£178,8325.2%
Haringey£608,827£182,6486.1%
Hackney£653,333£196,0005.7%
Wandsworth£663,635£199,0905.3%
Barnet£693,741£208,1225.6%
Islington£699,752£209,9265.3%
Richmond upon Thames£880,115£264,0344.9%
Hammersmith and Fulham£977,540£293,2624.9%
Camden£1,020,119£306,0365.2%
City of Westminster£1,260,026£378,0085.4%
Kensington and Chelsea£1,438,749£431,6254.3%

Deposit also varies sharply by the type of property, not just the borough. The table below takes the latest average London price for each property type and the 30% deposit that goes with it, with the mortgage covering the remaining 70%.

Property typeAverage London price30% deposit
Detached£1,159,487£347,846
Semi-detached£715,926£214,778
Terraced£637,506£191,252
Flat£431,455£129,437

On the £552,655 London average the deposit is about £165,797. The gap from an average flat to an average detached home, £129,437 against £347,846, is more than £218,000, so the property type shapes the cash you need almost as much as the borough does.

London's student and HMO market

London holds more higher-education students than any other UK region, and that tenant base sits behind a large share of the multi-let demand across the capital's £552,655-average market. University College London is the single largest higher-education provider in the country, and Imperial College London, King's College London and Queen Mary University of London add to a student population that the 2021 Census put at 33.9% of all international students in England and Wales, about 127,000 people, before home students are counted. That demand concentrates in the inner and east-London postcodes closest to the campuses, such as E1 and E14 around Queen Mary, rather than in the 6.8%-yield outer belt.

Student and young-professional demand is what most often pushes investors toward a house in multiple occupation, because letting a property by the room targets a higher gross yield than the 5.2% to 6.8% single-tenancy range shown above. The pattern in London is the same as the wider market: the higher-yielding multi-let stock sits in the cheaper terraced postcodes of the east and inner-east, around Newham (E6, E13) on its 6.8% yield and the inner boroughs near the universities, rather than in the £1m-plus prime-central streets where the maths does not work. Our guide to investing in HMOs sets out how the room-by-room model changes the yield calculation.

The constraint on that model is regulation, and London is the most tightly regulated HMO market in the country. A growing number of the 32 London boroughs operate an Article 4 Direction that removes the automatic right to convert a family home into a small HMO, so a conversion needs full planning permission, and selective or additional licensing schemes are widespread across the capital's boroughs. You can look up the scheme for any borough by postcode on the government's property licensing pages. Neither is a barrier to investing in the 6.8%-yield outer boroughs or the inner student postcodes, but a multi-let plan works best with a property already in lawful HMO use or in a borough whose scheme the property can meet. For purpose-built blocks rather than converted houses, our guide to student property investment covers the institutional end of the same demand.

How to invest in London

The first number to plan around is the deposit. Buy-to-let lending in London is normally arranged on a 30% deposit, so on the average London home of £552,655 the deposit is about £165,797, with the mortgage covering the remaining 70%. On a lower-priced outer-borough purchase nearer £360,000 the 30% deposit is about £108,000, which is why the outer boroughs are where most London buy-to-let budgets start.

On top of the deposit comes stamp duty, which is the largest single transaction cost on a London purchase and rises sharply with price because of the higher rates on additional property. Our stamp duty calculator works out the figure for a specific purchase price, and at London price levels it is large enough to factor into the deposit-plus-costs total before committing to an area.

From there the route into the market follows the same path as any other location, with the choice of strategy shaped by the borough. The lower-priced outer boroughs suit standard buy-to-let on the higher gross yields shown above; the higher-value inner boroughs are where the capital-led, lower-yield holdings sit. To see current opportunities, browse our listings of investment property in London, our buy-to-let property for sale, and our below market value properties for sale, then use the 32 borough guides above to match a strategy to an area.

Frequently Asked Questions

How Do London Property Prices, Yields and Growth Compare?

London's average sold price is £552,655, about 91% above the England average. Five-year price growth is 5.6% after easing from the 2022 peak, while gross yields in this guide run from about 5.2% in prime inner boroughs to about 6.8% in lower-priced outer boroughs. Those figures describe the city-wide price, growth and gross-yield ranges; they do not produce a yes-or-no verdict for an individual property.

Which London boroughs have the highest rental yields?

The highest gross yields are in the outer boroughs, where asking prices are lowest. Newham and Barking lead at about 6.8%, followed by Enfield at 6.4% and Greenwich, Bexley and Waltham Forest near 6.3%. The prime inner boroughs sit lower, around 5.2% to 5.4% in Camden, Islington, Wandsworth and Westminster. Our guide to the areas of London with the highest rental yields ranks every borough in full.

What is the London property market doing right now?

London has plateaued. The average sold price is £552,655, down 4.9% from the all-time high of £581,320 in August 2022, and the five-year change is +5.6%. Houses have held closer to flat while flats have lagged, with the year-on-year reading for flats still negative in early 2026. Over the longer run the market is up 12.0% over ten years and 573% over thirty years, so the recent flatness sits on top of a long expansion.

How much deposit do I need for a London buy-to-let?

Buy-to-let purchases are normally arranged on a 30% deposit. On the average London home of £552,655 that is about £165,797, with the mortgage covering the remaining 70%. On a lower-priced outer-borough purchase nearer £360,000 the 30% deposit falls to about £108,000. Stamp duty is then added on top and rises with price, so our stamp duty calculator gives the full transaction cost for a specific purchase.

What is the cheapest way into the London market?

Sold prices are lowest in the outer boroughs, where gross yields are highest, reaching about 6.8% in Newham and Barking. A purchase nearer £360,000 needs a 30% deposit of about £108,000 against roughly £165,797 on the London sold average. Those same outer boroughs with the lowest sold prices also carry the highest income yield, which is why most first London buy-to-let purchases start there. Our listings of discounted property below market value and buy-to-let homes for sale show what is currently available.

What is the average property price in London?

London's average sold price was £552,655 in April 2026, about 91% above the England average of £289,946. It reached an all-time high of £581,320 in August 2022 and has eased 4.9% since, leaving five-year growth at +5.6%. Prices climb sharply by property type, with the average detached home at £1,159,487, and by borough, where mean asking prices run from about £402,635 in Barking to £1,438,749 in Kensington and Chelsea.

What rental yield can you get from a London buy-to-let?

Gross yields range from about 5.2% in prime inner boroughs such as Camden to about 6.8% in Newham and Barking. Yields rise as asking prices fall, so the outer boroughs pair the lowest entry cost with the highest income return, while the prime-central boroughs return more through asset value and tenant depth than through rent.

Where is London's student and HMO demand strongest?

Student and young-professional rental demand concentrates in the cheaper terraced postcodes of the east and inner-east, around Newham (E6, E13) and the inner boroughs near the universities, rather than the prime-central streets. A growing number of London boroughs operate an Article 4 direction that removes the automatic right to convert a family home into a small HMO, so a multi-let plan needs a property already in lawful HMO use or a borough whose licensing scheme it can meet.

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