London newly built property prices

The price of a newly built property is £769k in London. The price declined by -£2.5k (0%) over the last twelve months. The price of an established property is £659k. There were 1503 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 518 (34.5%) properties sold, followed by £400k-£500k price range with 315 (21.0%) properties sold. Most new homes were sold in HA9 0, with 126 sold to date from May 2025 - April 2026.

Current Property Prices for Newly Constructed Residential Properties
May 2025 - April 2026LondonEngland & Wales
Average price of a new home£769k£401k
Average price % change0%3%
Average price change in GBP-£2.5k£11.7k

London cost comparison of new homes and older homes

May 2025 - April 2026

London cost comparison of new homes and older homes

Residential Property Prices by Construction Age
New or establishedAverage price
A newly built property£769k
An established property£659k

London sales share of new homes and older homes

May 2025 - April 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 property2.2%1.5k
An established property97.8%67.1k
All properties100%68.6k

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 130.2%
BR3 120.1%
BR3 3372.5%
CR0 520.1%
CR2 610.1%
CR8 1281.9%
CR8 210.1%
CR8 310.1%
DA15 720.1%
E1 010.1%
E1 610.1%
E1 810.1%
E10 510.1%
E11 120.1%
E14 0765.1%
E14 310.1%
E14 9251.7%
E16 140.3%
E16 2251.7%
E16 41006.7%
E17 320.1%
E17 460.4%
E17 720.1%
E18 110.1%
E1W 2684.5%
E3 410.1%
E5 820.1%
E8 330.2%
EC1V 210.1%
EC1V 710.1%
EC1V 810.1%
EC2A 210.1%
EC3N 110.1%
EN2 830.2%
EN4 040.3%
HA0 1422.8%
HA1 4140.9%
HA7 420.1%
HA8 510.1%
HA9 01268.4%
HA9 8110.7%
IG3 830.2%
IG6 320.1%
IG7 410.1%
N1 410.1%
N1 540.3%
N11 230.2%
N12 810.1%
N12 960.4%
N13 620.1%
N14 430.2%
N15 440.3%
N1C 410.1%
N2 910.1%
N20 020.1%
N22 6100.7%
N4 2614.1%
N8 0110.7%
NW1 910.1%
NW10 620.1%
NW11 010.1%
NW2 210.1%
NW2 410.1%
NW3 750.3%
NW4 210.1%
NW5 1201.3%
NW6 210.1%
NW6 510.1%
NW7 1110.7%
NW8 830.2%
NW9 4593.9%
NW9 6322.1%
NW9 710.1%
RM14 310.1%
RM2 610.1%
SE1 010.1%
SE1 520.1%
SE10 010.1%
SE10 910.1%
SE11 5765.1%
SE13 510.1%
SE15 1775.1%
SE15 320.1%
SE16 510.1%
SE17 1241.6%
SE18 610.1%
SE23 210.1%
SE25 510.1%
SE3 940.3%
SE6 310.1%
SM2 710.1%
SM6 810.1%
SW10 030.2%
SW11 420.1%
SW11 71036.9%
SW16 110.1%
SW16 510.1%
SW17 0120.8%
SW17 9171.1%
SW18 180.5%
SW18 310.1%
SW19 210.1%
SW1H 060.4%
SW1P 340.3%
SW4 930.2%
SW6 240.3%
SW6 610.1%
SW8 130.2%
SW8 5553.7%
TN16 330.2%
TW1 240.3%
TW3 410.1%
TW8 0543.6%
TW8 820.1%
TW8 940.3%
UB1 1322.1%
UB10 870.5%
UB3 4231.5%
UB6 010.1%
UB6 720.1%
UB8 1191.3%
W10 510.1%
W12 7120.8%
W14 820.1%
W1H 520.1%
W1J 810.1%
W1U 410.1%
W1U 820.1%
W1W 510.1%
W2 110.1%
W2 310.1%
W2 410.1%
W3 7140.9%
W3 910.1%
W4 590.6%
W5 370.5%
W6 010.1%
W6 910.1%
W7 310.1%
W8 650.3%
W9 210.1%

London new home sales share by price range

shows a sales volume of new homes in a given price range between May 2025 - April 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
£100k-£150k0.7%11
£150k-£200k0.3%5
£200k-£250k0.5%8
£250k-£300k1.9%29
£300k-£400k14.9%224
£400k-£500k21.0%315
£500k-£750k34.5%518
£750k-£1M11.8%178
over £1M14.3%215

London cost comparison of new houses and new flats

May 2025 - April 2026

London cost comparison of new houses and new flats

Residential Property Prices of Newly Built Properties by House Type
House TypeAverage price
Detached£768k
Flat£767k
Semi-Detached£1.2M
Terraced£788k

London sales share of new houses and new flats

May 2025 - April 2026

London sales share of new houses and new flats

Sales Share of Newly Built Properties by House Type
House TypePercentage shareSales volume
Detached0.4%6
Flat98.2%1.5k
Semi-Detached0.3%4
Terraced1.1%17

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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