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House prices in Inner London
Official UK HPI · to July 2026
£624,529 ▼ -6.8% 12 months
Inner London has bucked the wider UK trend over the past year, with average prices slipping -6.8% to £624,529. The fall is most pronounced in flat property (£522,839), while detached homes hold up better at £1,896,666.
That's 129% above the UK average of £272,611.
Inner London house price trend
“Real” adjusts every figure for inflation (ONS CPI) into today’s prices.
1885 monthly data points · source: UK House Price Index.
Prices by property type
- Detached £1,896,666 ▼ -1.4%
- Semi-detached £1,124,435 ▼ -1.0%
- Terraced £881,096 ▼ -2.8%
- Flat £522,839 ▼ -8.4%
Frequently asked questions
- What's the average house price in Inner London?
- The average house price in Inner London is £624,529, based on the UK House Price Index (Land Registry + ONS) to July 2026.
- How have house prices in Inner London changed over the last year?
- Average house prices in Inner London have fallen -6.8% over the last 12 months.
- How much does a house cost in Inner London by property type?
- Latest average prices in Inner London:
- detached homes: £1,896,666
- semi-detached homes: £1,124,435
- terraced homes: £881,096
- flats: £522,839
- Is Inner London an expensive place to buy a home?
- The average home in Inner London costs £624,529 — 129% more than the UK average of £272,611.
- How much does a house survey cost in Inner London?
- Surveyors price by property value, size and age. For a home around Inner London's average of £624,529, 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 Inner London?
- On a typical Inner London sale at £624,529, high-street estate-agent commission (1.0–1.5% + VAT) comes to roughly £7,500–£11,200, 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 Inner London?
- Moving home in Inner 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.