London newly built property prices

The price of a newly built property is £711k in London. The price declined by -£37.9k (-5%) over the last twelve months. The price of an established property is £655k. There were 1169 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 344 (29.4%) properties sold, followed by £300k-£400k price range with 254 (21.7%) properties sold. Most new homes were sold in E16 4, with 88 sold to date from July 2025 - June 2026.

Current Property Prices for Newly Constructed Residential Properties
July 2025 - June 2026LondonEngland & Wales
Average price of a new home£711k£401k
Average price % change-5%2%
Average price change in GBP-£37.9k£8.6k

London cost comparison of new homes and older homes

July 2025 - June 2026

London cost comparison of new homes and older homes

Residential Property Prices by Construction Age
New or establishedAverage price
A newly built property£711k
An established property£655k

London sales share of new homes and older homes

July 2025 - June 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 property1.7%1.2k
An established property98.3%69.4k
All properties100%70.6k

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
BR3 110.1%
BR3 3282.4%
CR0 110.1%
CR2 620.2%
CR8 1282.4%
CR8 220.2%
CR8 310.1%
DA15 710.1%
E1 010.1%
E1 610.1%
E1 810.1%
E10 530.3%
E11 120.2%
E14 0534.5%
E14 710.1%
E14 9211.8%
E16 130.3%
E16 2181.5%
E16 4887.5%
E17 340.3%
E17 4100.9%
E17 720.2%
E18 110.1%
E1W 2504.3%
E3 410.1%
E5 820.2%
E8 330.3%
EC1V 210.1%
EC2A 220.2%
EC3N 120.2%
EN2 820.2%
EN4 030.3%
EN4 820.2%
EN5 510.1%
HA0 1110.9%
HA1 4191.6%
HA6 210.1%
HA7 450.4%
HA9 0100.9%
HA9 820.2%
IG11 0110.9%
IG11 730.3%
IG3 810.1%
IG6 310.1%
KT3 410.1%
KT6 610.1%
N1 420.2%
N1 520.2%
N1 710.1%
N11 220.2%
N12 8131.1%
N12 920.2%
N13 610.1%
N14 420.2%
N15 420.2%
N1C 410.1%
N20 030.3%
N22 6312.7%
N4 2554.7%
N6 510.1%
N8 0100.9%
NW1 010.1%
NW1 910.1%
NW10 6857.3%
NW2 420.2%
NW3 310.1%
NW3 710.1%
NW5 180.7%
NW5 210.1%
NW6 140.3%
NW6 250.4%
NW7 1383.3%
NW8 810.1%
NW9 4121%
NW9 6181.5%
RM14 130.3%
RM14 310.1%
RM2 610.1%
RM3 9110.9%
SE1 520.2%
SE10 830.3%
SE10 910.1%
SE11 5524.4%
SE13 510.1%
SE15 1282.4%
SE15 310.1%
SE15 610.1%
SE16 510.1%
SE17 110.1%
SE18 620.2%
SE19 310.1%
SE24 010.1%
SE25 510.1%
SE28 050.4%
SE3 9171.5%
SE6 310.1%
SM2 730.3%
SM6 810.1%
SW10 010.1%
SW11 210.1%
SW11 310.1%
SW11 440.3%
SW11 7443.8%
SW11 840.3%
SW16 110.1%
SW16 510.1%
SW17 0131.1%
SW18 170.6%
SW18 310.1%
SW19 110.1%
SW19 230.3%
SW1H 020.2%
SW1P 210.1%
SW1W 810.1%
SW4 910.1%
SW6 220.2%
SW8 1171.5%
SW8 5403.4%
TN16 330.3%
TW3 420.2%
TW8 0433.7%
TW8 820.2%
TW8 940.3%
UB1 1353%
UB3 4141.2%
UB6 030.3%
UB6 740.3%
W10 540.3%
W12 7121%
W1H 520.2%
W1U 410.1%
W1U 880.7%
W1W 510.1%
W2 110.1%
W2 480.7%
W3 610.1%
W3 730.3%
W3 910.1%
W4 590.8%
W5 310.1%
W6 010.1%
W6 910.1%
W7 310.1%
W8 640.3%
WC1X 010.1%

London new home sales share by price range

shows a sales volume of new homes in a given price range between July 2025 - June 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-£150k0.9%10
£150k-£200k0.8%9
£200k-£250k1.5%17
£250k-£300k2.2%26
£300k-£400k21.7%254
£400k-£500k17.9%209
£500k-£750k29.4%344
£750k-£1M10.9%127
over £1M14.8%173

London cost comparison of new houses and new flats

July 2025 - June 2026

London cost comparison of new houses and new flats

Residential Property Prices of Newly Built Properties by House Type
House TypeAverage price
Detached£1.1M
Flat£711k
Semi-Detached£642k
Terraced£628k

London sales share of new houses and new flats

July 2025 - June 2026

London sales share of new houses and new flats

Sales Share of Newly Built Properties by House Type
House TypePercentage shareSales volume
Detached0.8%9
Flat95.7%1.1k
Semi-Detached0.6%7
Terraced2.9%34

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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