London newly built property prices

The price of a newly built property is £969k in London region. The price increased by £152k (19%) over the last twelve months. The price of an established property is £676k. There were 378 sales of newly build properties. Most new properties were sold in the £300k-£400k price range with 104 (27.5%) properties sold, followed by £500k-£750k price range with 87 (23.0%) properties sold. Most new homes were sold in SW11 4, with 53 sold to date from October 2023 - September 2024.

October 2023 - September 2024London regionEngland & Wales
Average price of a new home£969k£373k

Average price change
19%
£152k
-5%
£-20.3k

London cost comparison of new homes and older homes

October 2023 - September 2024

London cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£969k
An established property£676k

London sales share of new homes and older homes

October 2023 - September 2024

London sales share of new homes and older homes

0.6%

A newly built property

378

99.4%

An established property

58.4k

58.8k

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
BR3 320.5%
BR6 041.1%
CR0 110.3%
CR2 820.5%
CR8 210.3%
CR8 341.1%
CR8 520.5%
DA5 210.3%
DA6 741.1%
E1 230.8%
E10 641.1%
E11 151.3%
E14 0184.8%
E14 382.1%
E14 951.3%
E16 251.3%
E17 941.1%
E2 930.8%
E8 110.3%
EC1V 220.5%
EC1V 730.8%
EC3A 710.3%
EN4 010.3%
HA3 020.5%
HA4 810.3%
HA8 510.3%
HA9 810.3%
IG11 010.3%
KT2 710.3%
KT3 441.1%
N1 561.6%
N15 510.3%
N17 910.3%
N2 910.3%
N20 982.1%
N3 310.3%
N6 410.3%
N8 030.8%
N8 930.8%
NW10 120.5%
NW2 220.5%
NW2 571.9%
NW3 251.3%
NW5 420.5%
NW7 141.1%
NW8 830.8%
RM13 882.1%
RM13 941.1%
RM14 320.5%
SE1 041.1%
SE1 910.3%
SE10 020.5%
SE11 510.3%
SE14 6174.5%
SE17 110.3%
SE17 310.3%
SE18 430.8%
SE18 641.1%
SE2 930.8%
SE28 082.1%
SE3 871.9%
SE9 210.3%
SE9 420.5%
SM6 720.5%
SW11 310.3%
SW11 45314%
SW18 110.3%
SW19 110.3%
SW19 210.3%
SW19 620.5%
SW1A 210.3%
SW1H 920.5%
SW2 520.5%
SW20 820.5%
SW3 510.3%
SW4 730.8%
SW6 2154%
SW8 510.3%
TW11 920.5%
TW13 510.3%
TW14 020.5%
TW3 310.3%
TW3 410.3%
TW8 071.9%
TW8 810.3%
UB1 110.3%
UB2 43910.3%
UB3 141.1%
UB3 330.8%
UB3 410.3%
UB6 030.8%
W12 730.8%
W1K 110.3%
W1U 430.8%
W2 120.5%
W2 310.3%

London new home sales share by price range

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

London new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.3%1
£100k-£150k1.3%5
£150k-£200k0.3%1
£200k-£250k0.3%1
£250k-£300k7.7%29
£300k-£400k27.5%104
£400k-£500k8.5%32
£500k-£750k23.0%87
£750k-£1M10.1%38
over £1M21.2%80

London cost comparison of new houses and new flats

October 2023 - September 2024

London cost comparison of new houses and new flats

£1.0M

Detached

£973k

Flat

£813k

Semi-Detached

£959k

Terraced

London sales share of new houses and new flats

October 2023 - September 2024

London sales share of new houses and new flats

0.5%

Detached

2

95.0%

Flat

359

2.1%

Semi-Detached

8

2.4%

Terraced

9

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

population statistics

crime statistics

home features

home energy efficiency

salary and unemployment

energy costs

plumplot area insights tutorial
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