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UK property data · Region · 33 local authorities

Greater London Property Prices and Rents

Regional property market context for Greater London using official ONS house price and private rent evidence.

Greater London market at a glance

Page refreshed 19 August 2026
Average house price£553,870
MoM +1.0%YoY -2.5%
Average private rent£2,317
MoM +0.6%YoY +3.0%
Median annual pay£46,940ASHE 2025
Employment rate73.9%Aged 16-64

What this means

Greater London house prices are falling compared with last year. Rent and wage data help compare local affordability and demand.

Data freshness

House price data
June 2026
Rent data
July 2026
Pay data
Apr 2026-Jun 2026 / ASHE 2025

Official price trend

All homes UK HPI series, last 5Y.

All homes average price was £553,870 in June 2026, 1.0% up over the month and 2.5% down over the year.

Latest price£553,870June 2026
Last month£548,204May 2026
Monthly change+1.0%Index estimate
Last year£568,050June 2025
Annual change-2.5%Index estimate
Monthly movementUp 1.0%From £548,204 last month
Annual movementDown 2.5%From £568,050 last year
All homes UK House Price Index, latest 12 observations in the selected range
MonthAverage priceMonthly changeAnnual change
Month: July 2025Average: £569,399Monthly: +0.2%Annual: +2.1%
Month: August 2025Average: £567,932Monthly: -0.3%Annual: +0.1%
Month: September 2025Average: £565,479Monthly: -0.4%Annual: -0.2%
Month: October 2025Average: £556,306Monthly: -1.6%Annual: -0.8%
Month: November 2025Average: £557,281Monthly: +0.2%Annual: -0.5%
Month: December 2025Average: £549,121Monthly: -1.5%Annual: -1.4%
Month: January 2026Average: £553,186Monthly: +0.7%Annual: -1.9%
Month: February 2026Average: £545,400Monthly: -1.4%Annual: -2.8%
Month: March 2026Average: £544,710Monthly: -0.1%Annual: -1.6%
Month: April 2026Average: £551,402Monthly: +1.2%Annual: -2.3%
Month: May 2026Average: £548,204Monthly: -0.6%Annual: -3.1%
Month: June 2026Average: £553,870Monthly: +1.0%Annual: -2.5%
Market analysis

Greater London market commentary

What the latest official data may mean for buyers, renters and investors.

House price commentary · Last updated August 2026

Greater London house prices rose to £553,870 in June 2026, according to the UK House Price Index. That is a 1.0% increase on May, when the average price stood at £548,204.

It is still below the same month last year, however, with prices down 2.5% year on year.

Local authorities in Greater London

Open a local workspace for house prices, rents, sold prices and affordability data.

33 areas
City of London£712,958average priceYoY -20.4%Open local authority
Barking and Dagenham£371,030average priceYoY +4.3%Open local authority
Barnet£603,753average priceYoY -2.9%Open local authority
Bexley£405,477average priceYoY +1.2%Open local authority
Brent£544,174average priceYoY -3.4%Open local authority
Bromley£518,235average priceYoY -1.4%Open local authority
Camden£833,067average priceYoY -7.1%Open local authority
Croydon£394,736average priceYoY -1.9%Open local authority
Ealing£575,814average priceYoY -2.7%Open local authority
Enfield£471,019average priceYoY +0.3%Open local authority
Greenwich£465,132average priceYoY -0.5%Open local authority
Hackney£605,442average priceYoY +0.4%Open local authority
Hammersmith and Fulham£725,562average priceYoY -13.3%Open local authority
Haringey£634,444average priceYoY +2.5%Open local authority
Harrow£524,160average priceYoY -1.4%Open local authority
Havering£456,759average priceYoY +3.9%Open local authority
Hillingdon£474,665average priceYoY -0.6%Open local authority
Hounslow£512,888average priceYoY +1.1%Open local authority
Islington£673,384average priceYoY -8.1%Open local authority
Kensington and Chelsea£1,250,149average priceYoY -14.7%Open local authority
Kingston upon Thames£594,498average priceYoY +2.9%Open local authority
Lambeth£548,034average priceYoY -3.3%Open local authority
Lewisham£491,259average priceYoY +0.6%Open local authority
Merton£612,681average priceYoY +0.5%Open local authority
Newham£403,032average priceYoY -0.7%Open local authority
Redbridge£495,977average priceYoY +3.6%Open local authority
Richmond upon Thames£818,949average priceYoY -0.3%Open local authority
Southwark£582,473average priceYoY +2.2%Open local authority
Sutton£446,775average priceYoY +0.4%Open local authority
Tower Hamlets£456,898average priceYoY -13.1%Open local authority
Waltham Forest£522,743average priceYoY +2.5%Open local authority
Wandsworth£680,105average priceYoY -5.2%Open local authority
City of Westminster£854,198average priceYoY -25.4%Open local authority

Sources of this data

UK House Price Index (ONS) · Office for National Statistics Private Rent Index · ASHE earnings data

Official property market data is usually delayed because figures are published after the reporting month has ended.