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UK property data · Region · 33 local authorities

Greater London House Prices, Rents and Local Area Data

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

Greater London market at a glance

Page refreshed 16 September 2026
Average house price£550,037
MoM -0.1%YoY -3.3%
Average private rent£2,332
MoM +0.6%YoY +3.5%
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
July 2026
Rent data
August 2026
Pay data
May 2026-Jul 2026 / ASHE 2025

Official price trend

All homes UK HPI series, last 5Y.

All homes average price was £550,037 in July 2026, 0.1% down over the month and 3.3% down over the year.

Latest price£550,037July 2026
Last month£550,607June 2026
Monthly change-0.1%Index estimate
Last year£568,795July 2025
Annual change-3.3%Index estimate
Monthly movementDown 0.1%From £550,607 last month
Annual movementDown 3.3%From £568,795 last year
All homes UK House Price Index, latest 12 observations in the selected range
MonthAverage priceMonthly changeAnnual change
Month: August 2025Average: £568,061Monthly: -0.1%Annual: +0.2%
Month: September 2025Average: £566,242Monthly: -0.3%Annual: -0.1%
Month: October 2025Average: £557,638Monthly: -1.5%Annual: -0.6%
Month: November 2025Average: £558,506Monthly: +0.2%Annual: -0.3%
Month: December 2025Average: £548,608Monthly: -1.8%Annual: -1.5%
Month: January 2026Average: £553,557Monthly: +0.9%Annual: -1.8%
Month: February 2026Average: £546,113Monthly: -1.3%Annual: -2.7%
Month: March 2026Average: £546,847Monthly: +0.1%Annual: -1.3%
Month: April 2026Average: £552,567Monthly: +1.0%Annual: -2.1%
Month: May 2026Average: £547,982Monthly: -0.8%Annual: -3.1%
Month: June 2026Average: £550,607Monthly: +0.5%Annual: -3.1%
Month: July 2026Average: £550,037Monthly: -0.1%Annual: -3.3%
Market analysis

Greater London market commentary

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

House price commentary · Last updated September 2026

The latest UK House Price Index (UK HPI) records an average price of £550,037 in Greater London for July 2026. The published monthly change was -0.1%, while the annual change was -3.3%.

These figures describe the mix-adjusted average for completed residential transactions covered by the official series.

Local authorities in Greater London

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

33 areas
City of London£710,652average priceYoY -17.4%Open local authority
Barking and Dagenham£375,604average priceYoY +5.3%Open local authority
Barnet£600,560average priceYoY -4.9%Open local authority
Bexley£413,343average priceYoY +2.0%Open local authority
Brent£546,135average priceYoY -2.6%Open local authority
Bromley£511,670average priceYoY -3.1%Open local authority
Camden£815,159average priceYoY -10.1%Open local authority
Croydon£390,041average priceYoY -3.4%Open local authority
Ealing£585,216average priceYoY +0.8%Open local authority
Enfield£470,988average priceYoY +0.6%Open local authority
Greenwich£462,589average priceYoY -1.4%Open local authority
Hackney£605,729average priceYoY -2.6%Open local authority
Hammersmith and Fulham£738,048average priceYoY -9.0%Open local authority
Haringey£638,690average priceYoY +1.0%Open local authority
Harrow£526,493average priceYoY -2.8%Open local authority
Havering£448,648average priceYoY +2.1%Open local authority
Hillingdon£470,875average priceYoY -1.3%Open local authority
Hounslow£525,435average priceYoY +1.7%Open local authority
Islington£674,592average priceYoY -4.9%Open local authority
Kensington and Chelsea£1,232,640average priceYoY -14.1%Open local authority
Kingston upon Thames£591,555average priceYoY +3.3%Open local authority
Lambeth£536,623average priceYoY -6.3%Open local authority
Lewisham£488,658average priceYoY +0.7%Open local authority
Merton£615,890average priceYoY -0.9%Open local authority
Newham£390,349average priceYoY -5.0%Open local authority
Redbridge£481,297average priceYoY -2.7%Open local authority
Richmond upon Thames£803,249average priceYoY -0.8%Open local authority
Southwark£572,478average priceYoY +0.1%Open local authority
Sutton£452,654average priceYoY +0.6%Open local authority
Tower Hamlets£447,796average priceYoY -14.4%Open local authority
Waltham Forest£529,102average priceYoY +2.8%Open local authority
Wandsworth£686,076average priceYoY -5.5%Open local authority
City of Westminster£876,788average priceYoY -20.7%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.