London newly built property prices

The price of a newly built property is £698k in London region. The price declined by £-146.2k (-17%) over the last twelve months. The price of an established property is £651k. There were 2280 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 666 (29.2%) properties sold, followed by £400k-£500k price range with 524 (23.0%) properties sold. Most new homes were sold in E16 2, with 156 sold to date from November 2024 - October 2025.

Current Property Prices for Newly Constructed Residential Properties
November 2024 - October 2025London regionEngland & Wales
Average price of a new home£698k£385k
Average price % change-17%0%
Average price change in GBP£-146.2k£-1.8k

London cost comparison of new homes and older homes

November 2024 - October 2025

London cost comparison of new homes and older homes

Residential Property Prices by Construction Age
New or establishedAverage price
A newly built property£698k
An established property£651k

London sales share of new homes and older homes

November 2024 - October 2025

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 property3.2%2.3k
An established property96.8%69.0k
All properties100%71.2k

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 360.3%
BR2 930.1%
BR3 160.3%
BR3 3251.1%
BR6 810%
CR0 5150.7%
CR0 630.1%
CR8 2120.5%
CR8 310%
CR8 410%
DA15 780.4%
DA6 750.2%
DA8 310%
E1 0271.2%
E1 620.1%
E1 810%
E10 5261.1%
E10 650.2%
E11 140.2%
E14 0331.4%
E14 310%
E14 91185.2%
E15 230.1%
E16 1391.7%
E16 21566.8%
E16 4291.3%
E17 310%
E17 450.2%
E17 710%
E1W 2542.4%
E1W 310%
E3 350.2%
E8 350.2%
EC1V 1301.3%
EC1V 220.1%
EC1V 720.1%
EC1V 810%
EC2A 210%
EC3A 710%
EC3N 150.2%
EN2 6452%
EN4 050.2%
EN4 9160.7%
EN5 5100.4%
HA0 11205.3%
HA1 2532.3%
HA1 310%
HA1 410%
HA3 510%
HA7 470.3%
HA8 510%
HA9 0120.5%
HA9 610%
IG11 7331.4%
IG3 8351.5%
IG6 360.3%
IG7 490.4%
KT3 460.3%
KT5 920.1%
N1 710%
N11 2130.6%
N12 720.1%
N12 970.3%
N13 470.3%
N13 620.1%
N14 4150.7%
N15 450.2%
N17 810%
N18 220.1%
N1C 420.1%
N2 910%
N20 030.1%
N22 6321.4%
N4 21265.5%
N8 0472.1%
N9 910%
NW1 010%
NW1 630.1%
NW1 830.1%
NW1 950.2%
NW11 010%
NW2 260.3%
NW2 410%
NW3 210%
NW4 220.1%
NW6 1472.1%
NW7 1281.2%
NW8 710%
NW8 810%
NW9 41165.1%
NW9 610%
NW9 7542.4%
RM12 680.4%
RM13 830.1%
RM13 930.1%
RM14 320.1%
SE1 020.1%
SE1 720.1%
SE1 940.2%
SE10 090.4%
SE10 8231%
SE11 5100.4%
SE13 510%
SE15 330.1%
SE15 630.1%
SE16 3110.5%
SE17 140.2%
SE18 6100.4%
SE24 0321.4%
SE25 520.1%
SE26 5351.5%
SE28 0582.5%
SE3 91416.2%
SM1 220.1%
SM2 790.4%
SM3 810%
SM6 030.1%
SM6 780.4%
SW10 0160.7%
SW11 310%
SW11 4110.5%
SW11 8160.7%
SW16 510%
SW17 0281.2%
SW17 9170.7%
SW18 150.2%
SW19 210%
SW19 620.1%
SW1E 510%
SW1E 630.1%
SW1H 020.1%
SW1P 220.1%
SW1P 310%
SW6 2150.7%
SW6 610%
SW8 110%
SW8 580.4%
SW9 030.1%
SW9 910%
TN16 330.1%
TW11 910%
TW3 310%
TW3 440.2%
TW8 0462%
TW8 820.1%
UB1 1311.4%
UB10 820.1%
UB3 110%
UB3 410%
UB6 0130.6%
UB6 770.3%
W10 410%
W12 720.1%
W13 0140.6%
W13 970.3%
W14 850.2%
W1F 810%
W1H 550.2%
W1J 830.1%
W1U 410%
W2 110%
W3 610%
W3 7140.6%
W6 020.1%
W7 3140.6%
W8 510%
W8 6140.6%
W9 110%
W9 220.1%
W9 320.1%
WC1A 150.2%

London new home sales share by price range

shows a sales volume of new homes in a given price range between November 2024 - October 2025. 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
£50k-£100k0.6%14
£100k-£150k2.0%45
£150k-£200k0.8%18
£200k-£250k1.2%27
£250k-£300k5.8%133
£300k-£400k18.0%410
£400k-£500k23.0%524
£500k-£750k29.2%666
£750k-£1M8.8%200
over £1M10.7%243

London cost comparison of new houses and new flats

November 2024 - October 2025

London cost comparison of new houses and new flats

Residential Property Prices of Newly Built Properties by House Type
House TypeAverage price
Detached£779k
Flat£693k
Semi-Detached£878k
Terraced£983k

London sales share of new houses and new flats

November 2024 - October 2025

London sales share of new houses and new flats

Sales Share of Newly Built Properties by House Type
House TypePercentage shareSales volume
Detached0.4%9
Flat97.7%2.2k
Semi-Detached0.3%7
Terraced1.6%37

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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Plumplot area insights - interactive maps and charts

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