London newly built property prices

The price of a newly built property is £996k in London region. The price increased by £121k (14%) over the last twelve months. The price of an established property is £675k. There were 776 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 181 (23.3%) properties sold, followed by £300k-£400k price range with 154 (19.8%) properties sold. Most new homes were sold in E14 9, with 79 sold to date from December 2023 - November 2024.

December 2023 - November 2024London regionEngland & Wales
Average price of a new home£996k£377k

Average price change
14%
£121k
-5%
£-20.2k

London cost comparison of new homes and older homes

December 2023 - November 2024

London cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£996k
An established property£675k

London sales share of new homes and older homes

December 2023 - November 2024

London sales share of new homes and older homes

1.2%

A newly built property

776

98.8%

An established property

64.1k

64.8k

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 320.3%
BR3 310.1%
BR6 030.4%
CR0 110.1%
CR0 560.8%
CR8 210.1%
CR8 350.6%
CR8 430.4%
CR8 510.1%
DA5 210.1%
DA6 750.6%
E1 240.5%
E10 620.3%
E11 150.6%
E14 0162.1%
E14 97910.2%
E16 2587.5%
E17 320.3%
E17 9111.4%
E2 810.1%
E2 930.4%
E3 310.1%
E5 910.1%
E8 110.1%
EC1V 110.1%
EC1V 230.4%
EC2A 260.8%
EN2 840.5%
EN4 070.9%
EN5 530.4%
HA0 120.3%
HA2 930.4%
HA3 020.3%
HA4 620.3%
HA5 510.1%
HA7 4121.5%
HA8 530.4%
HA9 810.1%
IG11 010.1%
IG11 730.4%
IG6 210.1%
KT1 220.3%
KT3 430.4%
KT6 610.1%
N1 560.8%
N10 310.1%
N11 210.1%
N15 320.3%
N15 430.4%
N15 510.1%
N17 610.1%
N17 910.1%
N2 020.3%
N2 910.1%
N20 940.5%
N6 410.1%
N8 040.5%
N8 920.3%
NW1 110.1%
NW1 870.9%
NW10 110.1%
NW2 2233%
NW2 440.5%
NW2 5131.7%
NW2 610.1%
NW3 220.3%
NW4 240.5%
NW5 410.1%
NW7 130.4%
NW8 820.3%
NW9 420.3%
RM13 8192.4%
RM13 940.5%
RM14 310.1%
SE1 040.5%
SE1 930.4%
SE10 0243.1%
SE11 520.3%
SE13 510.1%
SE14 6141.8%
SE15 310.1%
SE16 310.1%
SE17 1141.8%
SE18 410.1%
SE18 520.3%
SE18 660.8%
SE2 930.4%
SE27 030.4%
SE28 0384.9%
SE3 870.9%
SE6 220.3%
SE6 420.3%
SE9 420.3%
SM6 720.3%
SW10 030.4%
SW11 330.4%
SW11 4283.6%
SW11 810.1%
SW16 310.1%
SW17 0111.4%
SW18 120.3%
SW18 410.1%
SW19 620.3%
SW1H 010.1%
SW1H 920.3%
SW2 530.4%
SW4 730.4%
SW6 2263.4%
SW8 5202.6%
TW13 550.6%
TW14 020.3%
TW3 310.1%
TW3 491.2%
TW8 040.5%
UB1 1101.3%
UB2 4384.9%
UB3 1192.4%
UB3 420.3%
UB6 020.3%
W12 720.3%
W12 810.1%
W14 840.5%
W1F 820.3%
W1J 830.4%
W1U 4243.1%
W3 710.1%
W3 860.8%
W9 170.9%
W9 230.4%

London new home sales share by price range

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

London new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.3%2
£100k-£150k1.2%9
£150k-£200k0.6%5
£200k-£250k1.7%13
£250k-£300k7.0%54
£300k-£400k19.8%154
£400k-£500k12.6%98
£500k-£750k23.3%181
£750k-£1M13.9%108
over £1M19.6%152

London cost comparison of new houses and new flats

December 2023 - November 2024

London cost comparison of new houses and new flats

£1.3M

Detached

£998k

Flat

£1.0M

Semi-Detached

£836k

Terraced

London sales share of new houses and new flats

December 2023 - November 2024

London sales share of new houses and new flats

0.5%

Detached

4

95.9%

Flat

744

1.2%

Semi-Detached

9

2.4%

Terraced

19

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

energy costs

salary and unemployment

home features

home energy efficiency

crime statistics

population statistics

plumplot area insights tutorial
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