House prices
House Prices in London (2026)
The average house price in London is around £542,000 in 2026 — far above the UK average of about £290,000. Prices vary sharply by area, from the most affordable terraces to the premium districts below. Here is the local picture, how long sales take, and what a cash buyer would offer.
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Average house prices in London
Here is the headline picture for London (E, EC, N, NW, SE, SW, W, WC and outer-London postcodes) as of 2026:
| London market (2026) | Figure |
|---|---|
| Average price | £542,000 |
| Versus UK average | far above the UK average of about £290,000 |
| Time to find a buyer | slower than it was — homes are taking roughly 60 to 75 days to sell, up from about 40 at the 2021 peak |
| Time to complete | often extended by long chains and big mortgage approvals |
| More affordable areas | parts of outer east and south-east London, Barking & Dagenham, Bexley, Croydon |
| Premium areas | Kensington & Chelsea, Westminster, Richmond, Camden |
Figures from HM Land Registry UK House Price Index (London), early 2026; HomeOwners Alliance and Land Registry flat-price data; Savills market commentary; agent time-to-sell reporting. Measures differ by method — always check live sold prices on HM Land Registry, Rightmove and Zoopla for your exact street.
House prices by area in London
The biggest driver of price here is which area you are in. The spread between the cheapest and dearest districts is large, so a city-wide average can be misleading for your specific home:
| Area | Character & price level |
|---|---|
| Prime central (Kensington, Westminster, Camden) | Premium — period houses and mansion flats |
| Inner London (Hackney, Lambeth, Wandsworth) | High — Victorian terraces and converted flats |
| Outer London (Croydon, Bromley, Ealing, Barnet) | Mid — semis, terraces and newer flats |
| East & south-east (Barking, Bexley, Lewisham) | More affordable — flats and ex-local-authority stock |
Map of London
The E, EC, N, NW, SE, SW, W, WC and outer-London postcodes area we cover for sales and valuations:
How long does it take to sell in London?
In London, finding a buyer typically takes slower than it was — homes are taking roughly 60 to 75 days to sell, up from about 40 at the 2021 peak, while often extended by long chains and big mortgage approvals. If you need certainty or speed, a chain-free cash sale completes in 7–28 days regardless of the local market.
What would you actually get for your London home?
Online estimates and city averages are a starting point, not a price. For an accurate figure, average genuine sold comparables on your street. To benchmark that against a real, funded buyer, get a free, no-obligation valuation and cash offer — a cash buyer typically pays 75–85% of market value with no fees, in exchange for speed and certainty. Ready to move fast in London? See selling your house fast in London.
Want a real figure for your London home?
Compare genuine cash offers from checked & vetted buyers — free, no obligation, no fees.
Frequently asked questions
Straight answers, no sales talk
What is the average house price in London?
Around £542,000 in early 2026 (HM Land Registry / ONS), far above the UK average of about £290,000. Portal "average sold" measures can differ by method, so always check live sold prices for your exact street.
What are the cheapest areas in London?
The more affordable areas include parts of outer east and south-east London, Barking & Dagenham, Bexley, Croydon. Prices vary widely by street and condition.
How long does it take to sell in London?
Finding a buyer takes slower than it was — homes are taking roughly 60 to 75 days to sell, up from about 40 at the 2021 peak, but completing the sale takes often extended by long chains and big mortgage approvals. A cash sale completes in 7–28 days.
What would a cash buyer pay for my London home?
Typically 75–85% of market value, with no fees and completion in 7–28 days. Compare a no-obligation cash offer against the local prices above to decide what suits you.
