London newly built property prices

The price of a newly built property is £1.1M in London region. The price increased by £231k (27%) over the last twelve months. The price of an established property is £675k. There were 624 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 132 (21.2%) properties sold, followed by over £1M price range with 130 (20.8%) properties sold. Most new homes were sold in E14 9, with 59 sold to date from November 2023 - October 2024.

November 2023 - October 2024London regionEngland & Wales
Average price of a new home£1.1M£381k

Average price change
27%
£231k
-4%
£-16.5k

London cost comparison of new homes and older homes

November 2023 - October 2024

London cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£1.1M
An established property£675k

London sales share of new homes and older homes

November 2023 - October 2024

London sales share of new homes and older homes

1.0%

A newly built property

624

99.0%

An established property

61.4k

62.0k

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 310.2%
BR6 040.6%
CR0 110.2%
CR0 510.2%
CR2 810.2%
CR8 210.2%
CR8 350.8%
CR8 450.8%
CR8 510.2%
DA5 210.2%
DA6 740.6%
E1 261%
E10 620.3%
E11 150.8%
E14 0426.7%
E14 381.3%
E14 9599.5%
E16 240.6%
E17 330.5%
E17 9111.8%
E2 930.5%
E8 110.2%
EC1V 220.3%
EC1V 710.2%
EC3A 720.3%
EN2 810.2%
EN4 040.6%
EN5 550.8%
HA0 120.3%
HA3 020.3%
HA4 610.2%
HA4 810.2%
HA7 461%
HA8 520.3%
HA9 810.2%
IG11 010.2%
IG11 710.2%
IG11 810.2%
IG6 210.2%
KT1 220.3%
KT2 710.2%
KT3 430.5%
KT6 610.2%
N1 561%
N1 730.5%
N10 310.2%
N15 510.2%
N17 910.2%
N2 010.2%
N2 910.2%
N20 961%
N6 410.2%
N8 040.6%
N8 920.3%
NW1 110.2%
NW10 110.2%
NW2 591.4%
NW2 610.2%
NW3 240.6%
NW5 410.2%
NW7 140.6%
NW8 710.2%
NW8 850.8%
NW9 4132.1%
RM13 8243.8%
RM13 961%
RM14 320.3%
SE1 091.4%
SE1 910.2%
SE10 010.2%
SE11 550.8%
SE14 6142.2%
SE16 210.2%
SE16 320.3%
SE17 110.2%
SE17 310.2%
SE18 410.2%
SE18 540.6%
SE18 640.6%
SE2 930.5%
SE27 030.5%
SE28 0365.8%
SE3 871.1%
SE9 420.3%
SM6 720.3%
SW10 030.5%
SW11 340.6%
SW11 4294.6%
SW11 810.2%
SW16 310.2%
SW17 050.8%
SW18 110.2%
SW18 410.2%
SW19 620.3%
SW1A 210.2%
SW1H 920.3%
SW2 520.3%
SW4 730.5%
SW6 2325.1%
SW8 5172.7%
TW11 910.2%
TW13 530.5%
TW14 020.3%
TW3 310.2%
TW3 420.3%
TW8 071.1%
UB1 110.2%
UB10 810.2%
UB2 4396.3%
UB3 161%
UB3 320.3%
UB6 020.3%
UB7 010.2%
W12 710.2%
W12 810.2%
W14 810.2%
W1K 171.1%
W1U 4243.8%
W2 110.2%
W3 830.5%
W9 171.1%
W9 210.2%

London new home sales share by price range

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

London new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.5%3
£100k-£150k1.0%6
£150k-£200k0.2%1
£200k-£250k1.8%11
£250k-£300k8.3%52
£300k-£400k20.4%127
£400k-£500k12.2%76
£500k-£750k21.2%132
£750k-£1M13.8%86
over £1M20.8%130

London cost comparison of new houses and new flats

November 2023 - October 2024

London cost comparison of new houses and new flats

£1.2M

Detached

£1.1M

Flat

£823k

Semi-Detached

£814k

Terraced

London sales share of new houses and new flats

November 2023 - October 2024

London sales share of new houses and new flats

0.5%

Detached

3

96.2%

Flat

600

1.4%

Semi-Detached

9

1.9%

Terraced

12

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

salary and unemployment

home energy efficiency

population statistics

home features

energy costs

crime statistics

plumplot area insights tutorial
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