London newly built property prices

The price of a newly built property is £688k in London region. The price declined by £-63.6k (-8%) over the last twelve months. The price of an established property is £649k. There were 1980 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 623 (31.5%) properties sold, followed by £400k-£500k price range with 462 (23.3%) properties sold. Most new homes were sold in HA9 0, with 122 sold to date from March 2025 - February 2026.

Current Property Prices for Newly Constructed Residential Properties
March 2025 - February 2026London regionEngland & Wales
Average price of a new home£688k£395k
Average price % change-8%3%
Average price change in GBP£-63.6k£11.2k

London cost comparison of new homes and older homes

March 2025 - February 2026

London cost comparison of new homes and older homes

Residential Property Prices by Construction Age
New or establishedAverage price
A newly built property£688k
An established property£649k

London sales share of new homes and older homes

March 2025 - February 2026

London sales share of new homes and older homes

Sales Share and Sales Volume of Newly Built Properties
New or establishedPercentage shareSales volume
A newly built property2.7%2.0k
An established property97.3%71.8k
All properties100%73.8k

London map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

London map of sales of new properties

Postcode sectorSales volumeMarket share
BR1 1170.9%
BR3 130.2%
BR3 3392%
CR0 540.2%
CR8 2130.7%
CR8 310.1%
DA15 720.1%
DA5 330.2%
E1 020.1%
E1 610.1%
E1 810.1%
E10 590.5%
E10 620.1%
E14 0783.9%
E14 310.1%
E14 7291.5%
E14 9502.5%
E16 1180.9%
E16 2824.1%
E16 4814.1%
E17 350.3%
E17 480.4%
E18 110.1%
E1W 2562.8%
E3 310.1%
E3 460.3%
E4 710.1%
E8 360.3%
EC1V 220.1%
EC1V 710.1%
EC1V 810.1%
EC3A 730.2%
EN4 080.4%
EN4 940.2%
EN5 560.3%
HA0 1653.3%
HA1 210.1%
HA1 310.1%
HA1 4462.3%
HA3 510.1%
HA6 110.1%
HA7 440.2%
HA8 510.1%
HA9 01226.2%
IG11 710.1%
IG3 8140.7%
IG6 330.2%
IG7 440.2%
KT3 410.1%
N1 410.1%
N1 5221.1%
N11 240.2%
N12 940.2%
N13 620.1%
N14 4170.9%
N15 4100.5%
N17 840.2%
N18 210.1%
N1C 420.1%
N2 910.1%
N20 020.1%
N22 6221.1%
N4 2964.8%
N8 0231.2%
NW1 060.3%
NW1 620.1%
NW1 930.2%
NW11 010.1%
NW11 810.1%
NW2 210.1%
NW4 220.1%
NW5 1201%
NW6 110.1%
NW6 230.2%
NW6 580.4%
NW7 1412.1%
NW8 710.1%
NW8 830.2%
NW9 4954.8%
NW9 6422.1%
RM12 630.2%
RM14 320.1%
RM2 610.1%
SE1 910.1%
SE10 010.1%
SE10 8201%
SE10 910.1%
SE11 5120.6%
SE13 510.1%
SE15 1110.6%
SE15 330.2%
SE15 610.1%
SE16 330.2%
SE16 510.1%
SE17 1150.8%
SE18 620.1%
SE19 210.1%
SE24 090.5%
SE25 520.1%
SE26 530.2%
SE28 0241.2%
SE3 9904.5%
SM2 740.2%
SM6 740.2%
SM6 810.1%
SW10 090.5%
SW11 310.1%
SW11 420.1%
SW11 7180.9%
SW11 840.2%
SW16 510.1%
SW17 0241.2%
SW17 9170.9%
SW18 150.3%
SW18 330.2%
SW19 220.1%
SW1H 080.4%
SW1P 220.1%
SW1P 330.2%
SW2 510.1%
SW4 930.2%
SW6 290.5%
SW8 110.1%
SW8 5613.1%
SW9 020.1%
TN16 310.1%
TW1 240.2%
TW11 920.1%
TW8 0814.1%
TW8 820.1%
UB1 1402%
UB10 010.1%
UB10 870.4%
UB3 120.1%
UB3 4331.7%
UB3 5804%
UB6 050.3%
UB6 730.2%
UB8 210.1%
W10 520.1%
W13 020.1%
W1H 540.2%
W1J 820.1%
W1U 410.1%
W1W 510.1%
W2 110.1%
W2 310.1%
W2 440.2%
W3 630.2%
W3 7140.7%
W4 560.3%
W5 370.4%
W6 040.2%
W6 970.4%
W8 6110.6%
W9 110.1%
W9 310.1%
WC1A 130.2%

London new home sales share by price range

shows a sales volume of new homes in a given price range between March 2025 - February 2026. See also London property sales reports.

London new home sales share by price range

Sales Share and Volumes of Newly Built Properties by House Type
Property price rangeMarket shareSales volume
£50k-£100k0.1%1
£100k-£150k0.3%6
£150k-£200k0.8%15
£200k-£250k1.0%19
£250k-£300k5.9%116
£300k-£400k17.7%351
£400k-£500k23.3%462
£500k-£750k31.5%623
£750k-£1M8.7%173
over £1M10.8%214

London cost comparison of new houses and new flats

March 2025 - February 2026

London cost comparison of new houses and new flats

Residential Property Prices of Newly Built Properties by House Type
House TypeAverage price
Detached£730k
Flat£682k
Semi-Detached£1.1M
Terraced£972k

London sales share of new houses and new flats

March 2025 - February 2026

London sales share of new houses and new flats

Sales Share of Newly Built Properties by House Type
House TypePercentage shareSales volume
Detached0.2%3
Flat98.1%1.9k
Semi-Detached0.4%8
Terraced1.4%27

London real new home prices

Yearly average nominal house prices adjusted for inflation

London real new home prices

London new home prices compared to England & Wales' new home prices

Yearly average nominal prices

London new home prices

London new home prices and nearby regions

Yearly average nominal prices

London new home prices and nearby regions

London house prices new vs established

Yearly average nominal prices

London house prices new vs established

London annual sales of new homes and older homes

Total sales volumes by year

London annual sales of new homes and older homes

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Plumplot area insights - interactive maps and charts

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