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House prices in City of London
Official UK HPI · to May 2026
City of London has bucked the wider UK trend over the past year, with average prices slipping -28.1% to £626,980. The fall is most pronounced in flat property (£626,803), while other types are broadly stable.
That's 131% above the UK average of £271,295.
City of London house price trend
“Real” adjusts every figure for inflation (ONS CPI) into today’s prices.
Neighbourhoods in City of London
Median sold price by postcode district · last 24 months · ≥30 sales. Click any district for its prices, streets and recent sales.
1128 monthly data points · source: UK House Price Index.
Prices by property type
- Detached —
- Semi-detached —
- Terraced —
- Flat £626,803 ▼ -28.1%
Affordability
A typical home in City of London costs 16.1× local annual earnings (ONS, latest year). See how City of London ranks nationally →
City of London is the 3rd least affordable of 317 UK areas we track.
Energy efficiency profile
Based on 7,079 Energy Performance Certificates lodged for properties in City of London.
- Most common rating C
- Rated A-C 68%
- Median floor area 55 m²
- Median annual energy cost £525
- Most common era England and Wales: 1967-1975
- Main heating fuel electricity (not community)
Wondering how to improve a home's rating? Our guide ranks every common measure by cost and EPC points gained: how to improve your EPC rating →
Source: Energy performance of buildings data under the Open Government Licence.
Areas with similar house prices
- House prices in Haringey £633,853
- House prices in Hackney £608,470
- House prices in Merton £597,138
- House prices in Wandsworth £659,547
- House prices in Barnet £590,583
- House prices in Islington £669,879
- House prices in Kingston upon Thames £582,403
- House prices in Southwark £578,683
Frequently asked questions
- What's the average house price in City of London?
- The average house price in City of London is £626,980, based on the UK House Price Index (Land Registry + ONS) to May 2026.
- How have house prices in City of London changed over the last year?
- Average house prices in City of London have fallen -28.1% over the last 12 months.
- How much does a house cost in City of London by property type?
- Latest average prices in City of London:
- flats: £626,803
- Is City of London affordable compared with local earnings?
- A typical home in City of London costs 16.1× local annual earnings, per ONS workplace-based earnings data. See how City of London ranks nationally.
- Is City of London an expensive place to buy a home?
- The average home in City of London costs £626,980 — 131% more than the UK average of £271,295. City of London is the 3rd least affordable of 317 UK areas we track.
- How much does a house survey cost in City of London?
- Surveyors price by property value, size and age. For a home around City of London's average of £626,980, expect roughly £600–£850 for a RICS Level 2 (Homebuyer) survey, or £1,000–£1,500 for a Level 3 Building Survey on older or unusual property. Our 2026 guide to house survey costs explains what each level covers.
- How much does it cost to sell a house in City of London?
- On a typical City of London sale at £626,980, high-street estate-agent commission (1.0–1.5% + VAT) comes to roughly £7,500–£11,300, with sale-side conveyancing adding £900–£1,800. Fixed-fee online agents (£999–£1,999) can cut that sharply. Our cost of selling guide itemises every fee — and how to negotiate the commission.
- How much does it cost to move home in City of London?
- Moving home in City of London typically involves conveyancing (~£900–£1,800 inc. VAT and searches), a survey if you're buying (~£400–£1,300 depending on level), and removals (~£400–£1,200 for a 2–3 bedroom move). See our full cost-of-moving-home guide for every line in the bill.
Compiled by Home Price Hub from official HM Land Registry and ONS open data, updated monthly — figures to , the latest UK House Price Index release. See how we source and calculate these figures.