House prices in City of London
Not legal advice. This page has not been reviewed by a solicitor. The figures are official statistics run through our calculators, not a quote.
Data as of: UK House Price Index published 21 October 2026.
What is the average house price in City of London?
As of August 2026, the average house price in City of London is £726,633, down 14.6% on a year earlier. Flat £726,060. First-time buyers paid £717,122 on average. Figures from the UK House Price Index, published 21 October 2026.
Updated
Buying in City of London? We'll introduce you to an independent SRA-regulated conveyancing solicitor, who sends you their own quote.
Get a conveyancing quoteAverage price, month by month
| Month | Average price | Sales |
|---|---|---|
| August 2025 | £850,704 | 13 |
| September 2025 | £802,130 | 13 |
| October 2025 | £766,265 | 6 |
| November 2025 | £737,073 | 17 |
| December 2025 | £737,347 | 11 |
| January 2026 | £714,100 | 8 |
| February 2026 | £692,380 | 10 |
| March 2026 | £686,200 | 9 |
| April 2026 | £734,534 | 6 |
| May 2026 | £718,221 | 6 |
| June 2026 | £761,854 | 11 |
| July 2026 | £722,345 | |
| August 2026 | £726,633 |
More questions about prices in City of London
Are house prices going up in City of London?
No: the average home sold for £726,633 in August 2026, down 14.6% on August 2025, against £293,525 across England. Prices rose in 4 of the last 12 months and fell or held in 8.
Source: HM Land Registry, UK House Price Index, August 2026.
When were house prices highest in City of London over the last year?
The highest monthly average in the 13 months to August 2026 was £850,704 in August 2025; the lowest was £686,200 in March 2026.
Source: HM Land Registry, UK House Price Index, August 2026.
What do first-time buyers pay for a home in City of London?
First-time buyers paid £717,122 on average in August 2026, and buyers who already owned a home paid £745,818.
Source: HM Land Registry, UK House Price Index, August 2026.
How many homes sell in City of London each month?
11 sales were recorded in June 2026. The latest months' figures are provisional and are revised as more sales are registered.
Source: HM Land Registry, UK House Price Index, June 2026.
How much stamp duty would I pay on an average home in City of London?
A home mover paying the local average for movers, £745,818, pays £27,291 in stamp duty. Tax and legal fees for each kind of buyer in City of London.
Prices by property type
| Type | August 2026 | August 2025 | Change |
|---|---|---|---|
| Flat | £726,060 | £850,534 | -14.6% |
Nearby areas
| Area | Average price | Year change |
|---|---|---|
| Islington | £654,286 | -8.6% |
| Tower Hamlets | £447,950 | -13.3% |
| Westminster | £887,206 | -14.3% |
| Hackney | £619,408 | -1.6% |
What buying here costs in tax and fees: conveyancing costs in City of London.
Questions
What is the average house price in City of London?
How much is a flat in City of London?
Sources
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. UK House Price Index published 21 October 2026, retrieved 2026-11-02. Contains public sector information licensed under the Open Government Licence v3.0. This page is general information, not legal advice, and hasn't been reviewed by a solicitor. Instrukt is not a law firm.