London house prices: average prices, sold prices and area guides by borough
The average London home cost £550,607 in June 2026, down 3.1% in a year. Compare all 33 local authorities below, then explore area guides, streets and addresses in Croydon.
- What we found
- London average: £550,607, -3.1% on a year ago.
- Most expensive: Kensington and Chelsea (£1,266,683). Cheapest: Barking and Dagenham (£370,186).
- Biggest rise: Barking and Dagenham (+4%). Biggest fall: Westminster (-24.2%).
- Kensington and Chelsea costs 3.4x as much as Barking and Dagenham.
House prices in London: what the numbers say
London is the most expensive region in England and Wales, with an average price of £550,607 against £291,581 for England as a whole, 89% higher. It is also unusually uneven: the average in Kensington and Chelsea is 3.4 times the average in Barking and Dagenham.
Prices fell 3.1% over the year to June 2026, with 19 of London's 33 local authorities lower and 14 higher. The figures are the HM Land Registry UK House Price Index averages, which adjust for the mix of homes sold, so they can differ from the median sale price on any one street.
London house prices by borough: average price and change in a year
Sort by any column. Boroughs marked Street-level have area guides, streets and properties.
| Borough | Average price ↓ | 12-month change | Detached | Terraced | Flat |
|---|---|---|---|---|---|
| Kensington and Chelsea | £1,266,683 | -13.6% | £4,548,570 | £2,442,482 | £1,003,947 |
| Westminster | £867,665 | -24.2% | £3,758,394 | £1,577,993 | £769,643 |
| Camden | £834,198 | -7% | £3,626,728 | £1,577,523 | £688,727 |
| Richmond upon Thames | £812,598 | -1.1% | £1,810,194 | £925,584 | £495,609 |
| Hammersmith and Fulham | £728,043 | -13% | £1,678,921 | £1,115,969 | £562,366 |
| City of London | £698,801 | -22% | – | – | £698,273 |
| Islington | £685,304 | -6.5% | £1,695,574 | £1,164,008 | £569,642 |
| Wandsworth | £680,912 | -5.1% | £2,415,852 | £959,297 | £524,297 |
| Haringey | £635,414 | +2.6% | £2,403,276 | £796,656 | £472,065 |
| Merton | £615,210 | +0.9% | £2,271,208 | £685,900 | £406,338 |
| Hackney | £603,227 | +0.1% | £1,316,972 | £952,240 | £523,320 |
| Kingston upon Thames | £595,237 | +3.1% | £1,306,662 | £593,893 | £368,426 |
HM Land Registry UK House Price Index, June 2026. OGL v3.
London house prices by property type
Average price by type, London, June 2026.
London boroughs from £370,186 to £1,266,683: the five dearest and five cheapest
Dearest boroughs
| Kensington and Chelsea | £1,266,683 |
| Westminster | £867,665 |
| Camden | £834,198 |
| Richmond upon Thames | £812,598 |
| Hammersmith and Fulham | £728,043 |
Cheapest boroughs
| Barking and Dagenham | £370,186 |
| Croydon | £393,714 |
| Newham | £397,455 |
| Bexley | £406,240 |
| Sutton | £447,596 |
The dearest borough, Kensington and Chelsea, costs 3.4 times as much as the cheapest, Barking and Dagenham. The median borough sits at £539,410. Croydon ranks 32nd of 33 by average price at £393,714, which makes it one of the more affordable boroughs with a station that reaches central London in around twenty minutes.
Which London boroughs rose and fell most in the last year
Over the twelve months to June 2026 the biggest rises were in Barking and Dagenham (+4%), Kingston upon Thames (+3.1%) and Havering (+3%), and the biggest falls in Westminster (-24.2%), City of London (-22%) and Kensington and Chelsea (-13.6%). 19 of 33 boroughs saw average prices fall, so the capital as a whole is a market of winners and losers rather than a single trend. London's own average moved -3.1% compared with 1.2% for England.
London against the other regions: 1st most expensive of 9 English regions
Average price and annual change, HM Land Registry UK HPI, June 2026.
| Region | Average price | 12-month change | Against London |
|---|---|---|---|
| London | £550,607 | -3.1% | – |
| South East | £378,821 | -0.1% | 69% |
| East of England | £335,680 | +0.2% | 61% |
| South West | £302,960 | +1.4% | 55% |
| East Midlands | £238,275 | +1.5% | 43% |
| West Midlands | £234,762 | +3.3% | 43% |
| North West | £219,181 | +4.3% | 40% |
| Yorkshire and the Humber | £206,511 | +2.9% | 38% |
| North East | £165,098 | +4% | 30% |
A buyer who sells a home in the South East for its regional average of £378,821 would be buying in London at £550,607, roughly 45% more. That gap is why places on the London edge, such as Coulsdon on the border of Croydon and Surrey, appeal to people priced out of the centre.
Electric vehicle charging across London: 31,371 public devices, led by Hammersmith and Fulham
The Department for Transport counted 31,371 public charging devices across the 33 London boroughs at 1 July 2026. Relative to population Hammersmith and Fulham leads with 1380 devices per 100,000 people, followed by Westminster (1378) and Tower Hamlets (776), while Bromley has just 67. Croydon sits 23rd of 33 with 153. Charging access matters for homes without a driveway, which is most terraces and flats.
| Borough | Public devices | Per 100,000 people |
|---|---|---|
| Hammersmith and Fulham | 2603 | 1380 |
| Westminster | 2893 | 1378 |
| Tower Hamlets | 2574 | 776 |
| Waltham Forest | 1855 | 663 |
| Richmond upon Thames | 1263 | 642 |
| Hackney | 1701 | 638 |
London property types against England: where the capital costs most
The capital's premium varies by home type. A London flat averages £427,048, 97% above the English flat average of £217,203. A detached London house averages £1,159,360, 146% above £470,601 for England. Terraced houses average £639,482 and semi-detached £719,422.
Because flats make up so much of London's stock, the gap between a flat and a detached house is smaller here (2.7 times) than across England (2.2 times). That is worth remembering when you read a borough average: it blends very different homes.
London areas with street-level pages: Croydon (CR5 and CR8)
All London districts with street-level pages
London house prices: questions people ask
What is the average house price in London in 2026?
The average house price in London is £550,607 (June 2026), down 3.1% in a year and 89% above the England average of £291,581.
Which London borough is the most expensive?
Kensington and Chelsea is the most expensive London borough, with an average price of £1,266,683 in June 2026. Westminster (£867,665) and Camden (£834,198) follow.
Which London borough is the cheapest?
Barking and Dagenham is the cheapest London borough at an average £370,186 (June 2026), 3.4 times cheaper than Kensington and Chelsea.
Are London house prices falling?
London house prices fell 3.1% in the year to June 2026, and 19 of the 33 boroughs fell. Average prices vary a lot between boroughs, so a borough or street figure is a better guide than the London average.
How much does a flat cost in London?
The average London flat costs £427,048 (June 2026), against £1,159,360 for a detached house and £639,482 for a terraced house.
How many local authorities does London have?
London has 33: 32 boroughs and the City of London.
Which London areas does Door Number cover?
Croydon has street, postcode and address pages for Coulsdon, Old Coulsdon, Chipstead, Netherne-on-the-Hill and Hooley (CR5) and Purley, Kenley, Woodcote, Russell Hill, Portley & Queens Park and Whyteleafe (CR8). Every other borough shows HM Land Registry price statistics.
Answers use data checked monthly. Sources are named in each answer.