London newly built property prices

The price of a newly built property is £843k in London region. The price declined by £-50.4k (-6%) over the last twelve months. The price of an established property is £670k. There were 880 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 216 (24.5%) properties sold, followed by £300k-£400k price range with 192 (21.8%) properties sold. Most new homes were sold in E14 0, with 101 sold to date from January 2024 - December 2024.

January 2024 - December 2024London regionEngland & Wales
Average price of a new home£843k£381k

Average price change
-6%
£-50.4k
-4%
£-14.2k

London cost comparison of new homes and older homes

January 2024 - December 2024

London cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£843k
An established property£670k

London sales share of new homes and older homes

January 2024 - December 2024

London sales share of new homes and older homes

1.4%

A newly built property

880

98.6%

An established property

64.0k

64.9k

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
BR1 320.2%
BR6 020.2%
CR0 110.1%
CR0 591%
CR0 610.1%
CR8 210.1%
CR8 310.1%
CR8 450.6%
CR8 510.1%
DA6 7141.6%
E1 010.1%
E1 240.5%
E10 620.2%
E11 150.6%
E14 010111.5%
E14 620.2%
E14 9869.8%
E16 2768.6%
E17 310.1%
E17 970.8%
E3 210.1%
E5 910.1%
E8 310.1%
EC1V 130.3%
EC1V 220.2%
EC2A 260.7%
EN2 830.3%
EN4 080.9%
EN5 530.3%
HA2 950.6%
HA3 020.2%
HA4 620.2%
HA4 920.2%
HA7 4101.1%
HA8 540.5%
HA9 810.1%
IG11 0141.6%
IG11 730.3%
IG6 210.1%
KT1 210.1%
KT3 491%
KT5 910.1%
KT6 610.1%
N1 5101.1%
N10 310.1%
N11 220.2%
N15 360.7%
N15 440.5%
N15 510.1%
N17 610.1%
N17 910.1%
N2 010.1%
N2 910.1%
N20 950.6%
N8 040.5%
NW1 860.7%
NW10 620.2%
NW2 2232.6%
NW2 440.5%
NW2 5161.8%
NW3 220.2%
NW4 250.6%
NW5 410.1%
NW7 130.3%
NW8 830.3%
NW9 410.1%
RM12 610.1%
RM13 840.5%
RM13 960.7%
RM14 310.1%
SE1 060.7%
SE1 920.2%
SE10 0161.8%
SE10 810.1%
SE11 591%
SE14 620.2%
SE15 330.3%
SE16 310.1%
SE17 1171.9%
SE18 410.1%
SE18 6101.1%
SE2 910.1%
SE27 030.3%
SE28 0222.5%
SE3 870.8%
SE6 220.2%
SE6 450.6%
SE9 420.2%
SM6 720.2%
SW10 020.2%
SW11 4273.1%
SW11 810.1%
SW17 060.7%
SW18 110.1%
SW19 110.1%
SW19 620.2%
SW1H 010.1%
SW1H 920.2%
SW2 520.2%
SW20 820.2%
SW4 720.2%
SW6 2374.2%
SW8 5131.5%
TW13 550.6%
TW3 310.1%
TW3 4273.1%
TW8 030.3%
UB1 1101.1%
UB2 4374.2%
UB3 1182%
UB3 420.2%
UB6 010.1%
W12 730.3%
W14 870.8%
W1F 820.2%
W1J 830.3%
W1U 460.7%
W2 410.1%
W3 710.1%
W3 830.3%
W3 940.5%
W6 930.3%
W9 170.8%
W9 230.3%
WC1A 110.1%

London new home sales share by price range

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

London new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.2%2
£100k-£150k0.8%7
£150k-£200k0.6%5
£200k-£250k1.9%17
£250k-£300k5.6%49
£300k-£400k21.8%192
£400k-£500k14.7%129
£500k-£750k24.5%216
£750k-£1M13.3%117
over £1M16.6%146

London cost comparison of new houses and new flats

January 2024 - December 2024

London cost comparison of new houses and new flats

£1.7M

Detached

£838k

Flat

£1.1M

Semi-Detached

£786k

Terraced

London sales share of new houses and new flats

January 2024 - December 2024

London sales share of new houses and new flats

0.5%

Detached

4

96.7%

Flat

851

0.8%

Semi-Detached

7

2.0%

Terraced

18

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

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