RESIDENTIAL REAL ESTATE

Average flat price in London (UK) as of October 2020

and 2021, by borough (in GBP)
Average flat price in London (UK) as of October 2020 and 2021, by borough (in GBP)
Average flat price in London 2020-2021, by borough

Average price in British pounds

Oct '20 Oct '21

0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000

Kensington And Chelsea
City of Westminster
City of London
Camden
Hammersmith and Fulham
Islington
Wandsworth
Richmond upon Thames
Haringey
Hackney
Lambeth
Southwark
Merton
Barnet

Note(s): United Kingdom (England); October 2021

Further information regarding this statistic can be found on page 8.
2 Source(s): Office for National Statistics (UK); GOV.UK; ID 1029409
Average flat price in London (UK) as of October 2020 and 2021, by borough (in GBP)
Average flat price in London 2020-2021, by borough

Average price in British pounds Your Headline

Your Notes:
Oct '20 Oct '21

0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000

Kensington And Chelsea
City of Westminster
City of London
Camden
Hammersmith and Fulham
Islington
Wandsworth
Richmond upon Thames
Haringey
Hackney
Lambeth
Southwark
Merton
Barnet

Note(s): United Kingdom (England); October 2021

Further information regarding this statistic can be found on page 8.
3 Source(s): Office for National Statistics (UK); GOV.UK; ID 1029409
Average flat price in London (UK) as of October 2020 and 2021, by borough (in GBP)
Average flat price in London 2020-2021, by borough

Oct '20 Oct '21

1,400,000

1,200,000

1,000,000
Average price in British pounds

800,000

600,000

400,000

200,000

0
a r n n n h s y y h k n t g ts st t s h w w e y d n n n y g
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Note(s): United Kingdom (England); October 2021

Further information regarding this statistic can be found on page 8.
4 Source(s): Office for National Statistics (UK); GOV.UK; ID 1029409
Average flat price in London (UK) as of October 2020 and 2021, by borough (in GBP)
Average flat price in London 2020-2021, by borough

Oct '20 Oct '21 Your Headline

Your Notes:
1,400,000

1,200,000

1,000,000
Average price in British pounds

800,000

600,000

400,000

200,000

0
a h ey h g t e ld g
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ed
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n d o n a nd am Le R Dag
ty a t h
A
Ci ith
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Note(s): United Kingdom (England); October 2021

Further information regarding this statistic can be found on page 8.
5 Source(s): Office for National Statistics (UK); GOV.UK; ID 1029409
Average flat price in London (UK) as of October 2020 and 2021, by borough (in GBP)
Average flat price in London 2020-2021, by borough

Oct '20 Oct '21

1,300,000

1,100,000

900,000
Average price in British pounds

700,000

500,000

300,000

100,000
a r n n n h s y y h k n t g ts st t s h w w e y d n n n y g
lse ste do de lham gto ort me nge kne bet war rto rne alin le re ren ham me ham wic rro slo idg mle fiel do tto do ham exle rin
e i n n m n w a ri c h e a E m F o B is a w n a n r o n g u y n B a ve
Ch stm f Lo Ca d Fu Isli ds Th Ha Ha Lam out M B a
r H am
w Th Ne ree H ou
ed
b
Br E llin S o
Cr ag
e
n d e o n a n on S e h Le on G H R Hi D
H
A f W ity a W p o w alt p d
h u u an
on o C it
nd
T W n
n gt City r sm o sto in g
i e m g k
ens m ich K in Bar
K m R
Ha

Note(s): United Kingdom (England); October 2021

Further information regarding this statistic can be found on page 8.
6 Source(s): Office for National Statistics (UK); GOV.UK; ID 1029409
Average flat price in London (UK) as of October 2020 and 2021, by borough (in GBP)
Average flat price in London 2020-2021, by borough

Oct '20 Oct '21 Your Headline

Your Notes:
1,300,000

1,100,000

900,000
Average price in British pounds

700,000

500,000

300,000

100,000
a h ey h g t e ld g
lse d on am ort g et rton l in res ham ham row idg fie utto nha
n m
rin
e n lh w in b e Ea o is w ar r n e
r F v
Ch f Lo d Fu s
Ha La
m M w Ne H
ed
b E S e
Ha
n d o n a nd am Le R Dag
ty a t h
A
Ci ith
W al d
ton m W an
g s g
sin er in
n m a rk
Ke m B
Ha

Note(s): United Kingdom (England); October 2021

Further information regarding this statistic can be found on page 8.
7 Source(s): Office for National Statistics (UK); GOV.UK; ID 1029409
Average flat price in London (UK) as of October 2020 and 2021, by borough (in GBP)
Average flat price in London 2020-2021, by borough

Description
Source and methodology information
London is the most populous metropolitan area in the United Kingdom (UK) and living in it comes with a price
Source(s) Office for National Statistics (UK); GOV.UK tag. Unsurprisingly, the most expensive boroughs in terms of real estate prices are located in the heart of this
metropolis: Kensington and Chelsea, the city of Westminster, and the City of London. In the borough of
Conducted by Office for National Statistics (UK); GOV.UK Kensington and Chelsea, home to several museums such as the Natural History Museum, the Victoria and
Albert Museum, and the Science Museum, as well as galleries and theaters, the average price of apartments was
Survey period October 2021 over 1.2 million British pounds. In comparison, the average house price in England was less than 290,000 British
pounds in 2021.
Region(s) United Kingdom (England)

Number of respondents n.a.

How have residential property prices developed in recent years?
Age group n.a.
The monthly house price index in London, England has been steadily increasing in recent years. Since 2015,
Special characteristics n.a.
chosen as a base year by the UK House Price Index, house prices in London have risen by close to 30 percent
Published by Office for National Statistics (UK); GOV.UK (as of October 2021). While this increase might be substantial, house prices in England increased at an even
higher rate .
Publication date December 2021

Original source UK House Price Index October 2021

Are residential property prices in London expected to grow further?
Website URL visit the website
The growth of house prices in London is expected to continue but at a slower rate in the coming years.
Notes: n.a. According to a forecast from November 2021, in the period between 2022 and 2026, mainstream residential
property prices are forecasted to increase by 5.6 percent.