London newly built property prices

The price of a newly built property is £778k in London region. The price declined by £-61.3k (-7%) over the last twelve months. The price of an established property is £685k. There were 418 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 101 (24.2%) properties sold, followed by £300k-£400k price range with 96 (23.0%) properties sold. Most new homes were sold in SW11 4, with 54 sold to date from September 2023 - August 2024.

September 2023 - August 2024London regionEngland & Wales
Average price of a new home£778k£371k

Average price change
-7%
£-61.3k
-6%
£-24.1k

London cost comparison of new homes and older homes

September 2023 - August 2024

London cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£778k
An established property£685k

London sales share of new homes and older homes

September 2023 - August 2024

London sales share of new homes and older homes

0.7%

A newly built property

418

99.3%

An established property

57.5k

57.9k

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
BR3 320.5%
BR6 051.2%
CR0 110.2%
CR2 820.5%
CR8 210.2%
CR8 341%
CR8 520.5%
DA5 210.2%
DA6 741%
E1 230.7%
E10 661.4%
E11 151.2%
E14 0194.5%
E14 381.9%
E14 920.5%
E16 230.7%
E17 971.7%
E2 930.7%
E8 110.2%
EC1V 210.2%
EC1V 730.7%
EC3A 720.5%
EN4 010.2%
HA1 320.5%
HA3 010.2%
HA4 610.2%
HA4 810.2%
HA8 510.2%
HA9 810.2%
IG11 010.2%
IG11 710.2%
KT2 720.5%
KT3 410.2%
N1 561.4%
N1 730.7%
N10 3215%
N15 410.2%
N15 510.2%
N17 610.2%
N17 930.7%
N2 010.2%
N2 920.5%
N20 9102.4%
N3 320.5%
N6 410.2%
N8 030.7%
N8 941%
NW1 1112.6%
NW10 120.5%
NW2 220.5%
NW2 571.7%
NW3 251.2%
NW5 430.7%
NW7 141%
NW9 410.2%
RM13 881.9%
RM13 941%
SE1 020.5%
SE1 920.5%
SE10 030.7%
SE11 520.5%
SE14 6174.1%
SE15 610.2%
SE17 110.2%
SE17 310.2%
SE18 430.7%
SE18 641%
SE2 930.7%
SE3 810.2%
SE9 210.2%
SE9 420.5%
SM6 710.2%
SW11 310.2%
SW11 45412.9%
SW18 130.7%
SW19 210.2%
SW19 620.5%
SW2 110.2%
SW2 520.5%
SW20 820.5%
SW4 730.7%
SW6 2143.3%
SW8 520.5%
TW11 920.5%
TW13 510.2%
TW14 020.5%
TW3 310.2%
TW3 410.2%
TW8 0112.6%
TW8 810.2%
UB1 120.5%
UB2 4399.3%
UB3 430.7%
UB6 041%
W12 730.7%
W1K 110.2%
W2 120.5%
W2 310.2%
W3 671.7%
W6 910.2%
W9 120.5%
W9 210.2%

London new home sales share by price range

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

London new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.2%1
£100k-£150k1.4%6
£150k-£200k0.2%1
£200k-£250k0.2%1
£250k-£300k5.7%24
£300k-£400k23.0%96
£400k-£500k10.5%44
£500k-£750k24.2%101
£750k-£1M14.6%61
over £1M19.9%83

London cost comparison of new houses and new flats

September 2023 - August 2024

London cost comparison of new houses and new flats

£953k

Detached

£772k

Flat

£889k

Semi-Detached

£930k

Terraced

London sales share of new houses and new flats

September 2023 - August 2024

London sales share of new houses and new flats

0.7%

Detached

3

95.7%

Flat

400

1.2%

Semi-Detached

5

2.4%

Terraced

10

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

home features

crime statistics

home energy efficiency

salary and unemployment

population statistics

energy costs

plumplot area insights tutorial
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