City of Westminster 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 Westminster market at a glance
Page refreshed 5 July 2026Average house price£814,679
MoM -1.1%YoY -19.6%
Average private rent£3,163
MoM +0.5%YoY -2.9%
Median annual pay£52,806ASHE 2025
Employment rate78.5%Aged 16-64
What this means
City of Westminster house prices are falling compared with last year. Rent and wage data help compare local affordability and demand.
Data freshness
- House price data
- April 2026
- Rent data
- May 2026
- Pay data
- Jan 2025-Dec 2025 / ASHE 2025
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £814,679 in April 2026, 1.1% down over the month and 19.6% down over the year.
Monthly movementDown 1.1%From £823,931 last month
Annual movementDown 19.6%From £1,013,372 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: May 2025 | Average: £1,084,471 | Monthly: +7.0% | Annual: +1.5% |
| Month: June 2025 | Average: £1,141,016 | Monthly: +5.2% | Annual: +6.6% |
| Month: July 2025 | Average: £1,091,366 | Monthly: -4.4% | Annual: +6.4% |
| Month: August 2025 | Average: £1,017,717 | Monthly: -6.7% | Annual: -6.3% |
| Month: September 2025 | Average: £1,015,587 | Monthly: -0.2% | Annual: -3.4% |
| Month: October 2025 | Average: £954,829 | Monthly: -6.0% | Annual: -10.0% |
| Month: November 2025 | Average: £939,286 | Monthly: -1.6% | Annual: -8.4% |
| Month: December 2025 | Average: £893,173 | Monthly: -4.9% | Annual: -13.6% |
| Month: January 2026 | Average: £908,865 | Monthly: +1.8% | Annual: -11.2% |
| Month: February 2026 | Average: £870,042 | Monthly: -4.3% | Annual: -12.9% |
| Month: March 2026 | Average: £823,931 | Monthly: -5.3% | Annual: -13.4% |
| Month: April 2026 | Average: £814,679 | Monthly: -1.1% | Annual: -19.6% |
Continue City of Westminster Research
House Prices And Sold-Price Evidence
UK HPI shows £814,679 for April 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £3,163 average rent, with an indicative gross yield signal.
Open pageWages, Employment And AffordabilityMedian resident pay is £52,806 and helps compare local affordability.
Open pageCity of Westminster Property GuidesOpen local-authority-specific guides that explain how to use the data safely.
Open pageSources 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.
City of Westminster market commentary
What the latest official data may mean for buyers, renters and investors.
The latest UK House Price Index for the City of Westminster puts the average price at £814,679 in April 2026. That is down 1.1% on the month and 19.6% lower than a year earlier.
It leaves Westminster well below the level seen in spring 2025, when the average was just over £1.01 million.
According to the ONS Price Index of Private Rents, the average private rent in the City of Westminster was £3,163 in May 2026. That is a small rise from £3,149 in April, up by 0.45% month on month.
Even so, rents remain below the level seen a year earlier.
City of Westminster has a large resident base for a central London borough, with a population of 209,996 in 2024. That scale matters because it gives the labour market a broad local workforce, but it also sits alongside some very high living costs.