region Land Registry UK HPI

Inner London house prices

Average sold prices for Inner London, broken down by property type, buyer status, funding status and property status, from HM Land Registry's UK House Price Index.

Average price
£621,706
Annual change
-5.9%
Homes sold, March 2026
1,604
England average
£292,095

The average property in Inner London sold for £621,706 in May 2026, down 5.9% on the year. That is about 113% above the England average of £292,095. 1,604 homes sold in Inner London in March 2026, the most recent month HM Land Registry have published transaction counts for.

Price trend

Over the 12 months to May 2026, the average price in Inner London fell 7%, peaking at £670,169 in June 2025.

£670,169 £620,859
June 2025May 2026

Peak £670,169 in June 2025.

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By property type

Detached homes are the most expensive in Inner London at £1,840,519, 253% above flat or maisonette at £521,530. Detached, Terraced and Flat or maisonette fell over the year while the rest held or rose.

Average sold price by property type, May 2026.
Property typeAverage priceAnnual change
Detached£1,840,519-2.1%
Semi-detached£1,110,282Broadly flat
Terraced£873,263-1.6%
Flat or maisonette£521,530-7.5%

By buyer status

First-time buyers in Inner London paid £250,292 less than people who already owned, a gap of 46%.

Average sold price by buyer status, May 2026.
BuyerAverage priceAnnual change
First-time buyer£540,762-5.9%
Former owner-occupier£791,054-5.3%

By funding status

Cash buyers in Inner London paid 15% more than those with a mortgage. Cash accounted for 22% of the sales counted in March 2026.

Average sold price by funding status, May 2026. Sales volumes are for March 2026, the most recent month published. Cash and mortgage sales are counted separately and do not necessarily add up to the total above.
Paid withAverage priceAnnual changeSales
Cash£693,433-8.3%157
Mortgage£605,344-5%550

By property status

New builds in Inner London sold for 11% less than existing homes.

Average sold price by property status, March 2026. Sales volumes are not shown for new builds: they are registered months after completion, so recent counts are incomplete rather than low.
Property statusAverage priceAnnual change
New build£556,666-6.1%
Existing property£628,174-4.2%

Month by month

Average sold price and annual change over the last 12 published months. Sales volumes stop two months short because HM Land Registry withhold the most recent counts until more transactions are registered.
MonthAverage priceAnnual changeSales
May 2026£621,706-5.9%n/a
April 2026£620,859-5.4%n/a
March 2026£623,727-4.3%1,604
February 2026£627,553-4.8%1,401
January 2026£636,834-3.5%1,701
December 2025£637,353-3.2%2,138
November 2025£647,644-2.1%2,365
October 2025£656,217-1.5%2,701
September 2025£666,464Broadly flat2,746
August 2025£668,238Broadly flat3,006
July 2025£669,546+0.9%3,110
June 2025£670,169+1.2%2,585
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HM Land Registry revise the most recent twelve months as more sales are registered, so recent figures are provisional.