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 glanceUpdated on 17 June 2026

Average house price£552,655

MoM +1.9%YoY -2.1%

Average private rent£2,290

MoM +0.5%YoY +2.0%

Median annual pay£46,940ASHE 2025

Employment rate74.1%Aged 16–64

What this means

Greater London house prices are falling compared with last year. Rents remain high nationally, while wage data helps compare affordability across regions.

Data freshness

House price data: 1 April 2026
Rent data: 1 April 2026
Pay data: Jan 2026-Mar 2026 / ASHE 2025

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.

Official price trend

All homes UK HPI series, last 5Y.

Latest price£552,6551 April 2026

Last month£542,3781 March 2026

Monthly change+1.9%Index estimate

Last year£564,5301 April 2025

Annual change-2.1%Index estimate

Monthly movementUp 1.9%From £542,378 last month

Annual movementDown 2.1%From £564,530 last year

Change since last monthUp +1.9%

Change since last yearDown -2.1%

Long term change (5 years)Up +5.6%From 1 April 2021