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 19 August 2026Average house price£854,198
MoM +1.0%YoY -25.4%
Average private rent£3,179
MoM +0.4%YoY -2.0%
Median annual pay£52,806ASHE 2026
Employment rate80.3%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
- June 2026
- Rent data
- July 2026
- Pay data
- Apr 2025-Mar 2026 / ASHE 2026
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £854,198 in June 2026, 1.0% up over the month and 25.4% down over the year.
Monthly movementUp 1.0%From £845,825 last month
Annual movementDown 25.4%From £1,144,822 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: July 2025 | Average: £1,107,293 | Monthly: -3.3% | Annual: +8.0% |
| Month: August 2025 | Average: £1,037,081 | Monthly: -6.3% | Annual: -4.5% |
| Month: September 2025 | Average: £1,051,727 | Monthly: +1.4% | Annual: 0.0% |
| Month: October 2025 | Average: £987,642 | Monthly: -6.1% | Annual: -6.9% |
| Month: November 2025 | Average: £976,798 | Monthly: -1.1% | Annual: -4.7% |
| Month: December 2025 | Average: £917,360 | Monthly: -6.1% | Annual: -11.3% |
| Month: January 2026 | Average: £933,935 | Monthly: +1.8% | Annual: -8.7% |
| Month: February 2026 | Average: £896,082 | Monthly: -4.1% | Annual: -10.3% |
| Month: March 2026 | Average: £856,885 | Monthly: -4.4% | Annual: -9.9% |
| Month: April 2026 | Average: £835,983 | Monthly: -2.4% | Annual: -17.5% |
| Month: May 2026 | Average: £845,825 | Monthly: +1.2% | Annual: -21.9% |
| Month: June 2026 | Average: £854,198 | Monthly: +1.0% | Annual: -25.4% |
Continue City of Westminster Research
House Prices And Sold-Price Evidence
UK HPI shows £854,198 for June 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £3,179 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.
City of Westminster’s latest UK House Price Index reading for June 2026 shows an average property price of £854,198. That is up 1.0% on May, when the average was £845,825.
The monthly rise is modest, but it does extend a short recovery after the softer spring period. The annual picture is still weak.
Private rents in the City of Westminster averaged £3,179 in July 2026, according to the ONS Price Index of Private Rents. That is up from £3,168 in June, a monthly rise of 0.4%.
Over the year, though, rents are still lower than in July 2025, when the average was £3,244.
City of Westminster has a large resident base, with an estimated population of 212,367 in 2025. That matters for housing context because the borough is not just a place of work and tourism; it also has a substantial resident workforce with its own earnings and labour-market profile.