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House prices in Inner London

Official UK HPI · to May 2026

£621,706 ▼ -5.9% 12 months

Inner London has bucked the wider UK trend over the past year, with average prices slipping -5.9% to £621,706. The fall is most pronounced in flat property (£521,530), while detached homes hold up better at £1,840,519.

That's 129% above the UK average of £271,295.

Inner London house price trend

£0k£500k£1.0m£1.5m£2.0m1995200020052010201520202025

“Real” adjusts every figure for inflation (ONS CPI) into today’s prices.

1128 monthly data points · source: UK House Price Index.

Prices by property type

Frequently asked questions

What's the average house price in Inner London?
The average house price in Inner London is £621,706, based on the UK House Price Index (Land Registry + ONS) to May 2026.
How have house prices in Inner London changed over the last year?
Average house prices in Inner London have fallen -5.9% 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: £1,840,519
  • semi-detached homes: £1,110,282
  • terraced homes: £873,263
  • flats: £521,530
Is Inner London an expensive place to buy a home?
The average home in Inner London costs £621,706 — 129% more than the UK average of £271,295.
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 £621,706, 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 £621,706, 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.