London newly built property prices

The price of a newly built property is £1.3M in London region. The price increased by £565k (77%) over the last twelve months. The price of an established property is £707k. There were 754 sales of newly build properties. Most new properties were sold in the over £1M price range with 188 (24.9%) properties sold, followed by £500k-£750k price range with 162 (21.5%) properties sold. Most new homes were sold in UB3 4, with 85 sold to date from March 2023 - February 2024.

March 2023 - February 2024London regionEngland & Wales
Average price of a new home£1.3M£431k

Average price change
77%
£565k
13%
£50.0k

London cost comparison of new homes and older homes

March 2023 - February 2024

London cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£1.3M
An established property£707k

London sales share of new homes and older homes

March 2023 - February 2024

London sales share of new homes and older homes

1.3%

A newly built property

754

98.7%

An established property

55.7k

56.5k

total sales volume

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
CR0 1395.2%
CR0 210.1%
CR8 150.7%
CR8 410.1%
DA14 640.5%
E1 210.1%
E10 620.3%
E14 0324.2%
E14 320.3%
E14 960.8%
E16 120.3%
E17 730.4%
E2 860.8%
E2 930.4%
E20 110.1%
E3 360.8%
E7 810.1%
E8 110.1%
EC1V 210.1%
EC1V 750.7%
EC2A 2131.7%
EC3A 710.1%
EN4 010.1%
EN4 910.1%
HA0 1283.7%
HA1 110.1%
HA1 430.4%
HA2 910.1%
HA7 410.1%
HA8 530.4%
IG11 710.1%
KT1 220.3%
KT1 3182.4%
KT6 620.3%
N1 110.1%
N1 710.1%
N10 350.7%
N12 710.1%
N15 481.1%
N16 020.3%
N17 610.1%
N20 020.3%
N20 910.1%
N3 110.1%
N4 210.1%
N4 310.1%
N8 020.3%
N8 910.1%
NW2 210.1%
NW2 510.1%
NW3 210.1%
NW4 250.7%
NW5 410.1%
NW6 250.7%
NW7 150.7%
NW7 410.1%
NW8 730.4%
RM12 610.1%
RM13 830.4%
RM14 310.1%
RM7 910.1%
SE1 410.1%
SE1 5111.5%
SE1 6101.3%
SE1 710.1%
SE1 810.1%
SE1 9101.3%
SE10 0172.3%
SE13 581.1%
SE14 6131.7%
SE15 620.3%
SE16 270.9%
SE18 410.1%
SE18 681.1%
SE2 910.1%
SE26 420.3%
SE26 510.1%
SW10 070.9%
SW11 110.1%
SW11 350.7%
SW11 4415.4%
SW11 830.4%
SW12 910.1%
SW14 810.1%
SW17 010.1%
SW18 170.9%
SW18 410.1%
SW1A 2263.4%
SW1H 0304%
SW1P 310.1%
SW20 850.7%
SW20 910.1%
SW3 510.1%
SW5 940.5%
SW6 281.1%
TW11 910.1%
TW14 091.2%
TW3 410.1%
TW8 0172.3%
UB10 810.1%
UB2 420.3%
UB3 48511.3%
UB6 020.3%
UB8 2374.9%
W12 7314.1%
W13 850.7%
W14 810.1%
W1S 181.1%
W1T 660.8%
W2 150.7%
W3 670.9%
W3 8152%
W4 5162.1%
W5 520.3%
W7 330.4%
W9 150.7%
W9 210.1%
WC1X 010.1%

London new home sales share by price range

shows a sales volume of new homes in a given price range between March 2023 - February 2024. See also London property sales reports.

London new home sales share by price range

Property price rangeMarket shareSales volume
£100k-£150k0.3%2
£150k-£200k0.4%3
£200k-£250k2.5%19
£250k-£300k4.6%35
£300k-£400k20.6%155
£400k-£500k13.4%101
£500k-£750k21.5%162
£750k-£1M11.8%89
over £1M24.9%188

London cost comparison of new houses and new flats

March 2023 - February 2024

London cost comparison of new houses and new flats

£1.2M

Flat

£1.0M

Semi-Detached

£3.4M

Terraced

London sales share of new houses and new flats

March 2023 - February 2024

London sales share of new houses and new flats

96.0%

Flat

724

0.4%

Semi-Detached

3

3.6%

Terraced

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

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Other reports for London region

house prices

house prices per square metre

property transactions

population statistics

crime statistics

home energy efficiency

salary and unemployment

home features

energy costs

plumplot area insights tutorial
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