City of London Property Prices and Rents
A quick local authority snapshot for prices, rents, local incomes and market direction. Use the deeper market pages for sales, rental and affordability evidence.
City of London market at a glance
Page refreshed 19 August 2026Average house price£712,958
MoM +14.2%YoY -20.4%
What this means
City of London house prices are falling compared with last year. Use the house price trend alongside completed sales and any available local context.
Data freshness
- House price data
- June 2026
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £712,958 in June 2026, 14.2% up over the month and 20.4% down over the year.
Monthly movementUp 14.2%From £624,244 last month
Annual movementDown 20.4%From £895,675 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: July 2025 | Average: £860,149 | Monthly: -4.0% | Annual: +7.8% |
| Month: August 2025 | Average: £849,026 | Monthly: -1.3% | Annual: +8.8% |
| Month: September 2025 | Average: £799,653 | Monthly: -5.8% | Annual: +2.6% |
| Month: October 2025 | Average: £764,897 | Monthly: -4.3% | Annual: +3.1% |
| Month: November 2025 | Average: £740,636 | Monthly: -3.2% | Annual: +0.6% |
| Month: December 2025 | Average: £741,458 | Monthly: +0.1% | Annual: -7.0% |
| Month: January 2026 | Average: £715,725 | Monthly: -3.5% | Annual: -12.3% |
| Month: February 2026 | Average: £688,104 | Monthly: -3.9% | Annual: -12.4% |
| Month: March 2026 | Average: £626,489 | Monthly: -9.0% | Annual: -16.0% |
| Month: April 2026 | Average: £639,970 | Monthly: +2.2% | Annual: -21.8% |
| Month: May 2026 | Average: £624,244 | Monthly: -2.5% | Annual: -28.4% |
| Month: June 2026 | Average: £712,958 | Monthly: +14.2% | Annual: -20.4% |
Continue City of London Research
Sources of this data
UK House Price Index (ONS)
Official property market data is usually delayed because figures are published after the reporting month has ended.
City of London market commentary
What the latest official data may mean for buyers, renters and investors.
City of London house prices averaged £712,958 in June 2026, according to the UK House Price Index. That is a sharp monthly rise of 14.2%.
It follows a weaker May reading, when the average price was £624,244 and monthly growth was -2.5%. The annual picture is still negative.
The latest ONS and Nomis labour-market profile for the City of London shows a very small resident base. The borough’s resident population was 15,631 in 2025.
That matters when reading the figures, because small populations can make some labour-market indicators volatile or unavailable at local level.