London newly built property prices

The price of a newly built property is £665k in London region. The price declined by £-112.6k (-14%) over the last twelve months. The price of an established property is £648k. There were 2225 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 710 (31.9%) properties sold, followed by £400k-£500k price range with 563 (25.3%) properties sold. Most new homes were sold in E16 2, with 143 sold to date from January 2025 - December 2025.

Current Property Prices for Newly Constructed Residential Properties
January 2025 - December 2025London regionEngland & Wales
Average price of a new home£665k£394k
Average price % change-14%3%
Average price change in GBP£-112.6k£11.2k

London cost comparison of new homes and older homes

January 2025 - December 2025

London cost comparison of new homes and older homes

Residential Property Prices by Construction Age
New or establishedAverage price
A newly built property£665k
An established property£648k

London sales share of new homes and older homes

January 2025 - December 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 property3.1%2.2k
An established property96.9%68.6k
All properties100%70.8k

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 1130.6%
BR2 920.1%
BR3 150.2%
BR3 3371.7%
CR0 5120.5%
CR8 2130.6%
DA15 740.2%
DA5 330.1%
E1 0271.2%
E1 810%
E10 5130.6%
E10 640.2%
E11 110%
E14 0271.2%
E14 310%
E14 7291.3%
E14 9723.2%
E16 1954.3%
E16 21436.4%
E16 4652.9%
E17 480.4%
E1W 2572.6%
E1W 310%
E3 330.1%
E8 3120.5%
EC1V 230.1%
EC1V 710%
EC1V 810%
EC2A 210%
EC3N 120.1%
EN2 6452%
EN4 0100.4%
EN4 960.3%
EN5 590.4%
HA0 11125%
HA1 2512.3%
HA1 310%
HA1 4341.5%
HA3 510%
HA7 440.2%
HA8 510%
HA9 0974.4%
HA9 610%
IG11 750.2%
IG3 8150.7%
IG6 340.2%
IG7 470.3%
KT3 450.2%
KT5 910%
N1 5150.7%
N11 270.3%
N12 930.1%
N13 620.1%
N14 4190.9%
N15 4100.4%
N17 860.3%
N18 210%
N1C 410%
N2 910%
N20 030.1%
N22 6281.3%
N4 21155.2%
N8 0572.6%
NW1 060.3%
NW1 620.1%
NW1 930.1%
NW11 010%
NW11 810%
NW2 220.1%
NW2 410%
NW3 610%
NW4 220.1%
NW5 1190.9%
NW6 120.1%
NW6 510%
NW7 1431.9%
NW8 710%
NW8 810%
NW9 41034.6%
NW9 6642.9%
RM12 680.4%
RM14 320.1%
SE1 710%
SE1 910%
SE10 020.1%
SE10 8251.1%
SE10 910%
SE11 530.1%
SE13 520.1%
SE15 140.2%
SE15 330.1%
SE15 620.1%
SE16 360.3%
SE17 120.1%
SE17 310%
SE18 670.3%
SE19 210%
SE24 0411.8%
SE25 520.1%
SE26 5100.4%
SE28 0311.4%
SE3 91074.8%
SM2 770.3%
SM6 780.4%
SM6 810%
SW10 0160.7%
SW11 310%
SW11 460.3%
SW11 860.3%
SW16 510%
SW17 0170.8%
SW17 9170.8%
SW18 160.3%
SW18 330.1%
SW19 210%
SW19 610%
SW1E 610%
SW1H 080.4%
SW1P 220.1%
SW1P 330.1%
SW4 910%
SW6 2130.6%
SW8 590.4%
SW9 030.1%
TN16 310%
TW11 910%
TW3 410%
TW8 0130.6%
TW8 820.1%
UB1 1442%
UB10 880.4%
UB3 120.1%
UB3 4180.8%
UB3 5522.3%
UB6 060.3%
UB6 770.3%
UB8 210%
W10 410%
W12 720.1%
W13 040.2%
W13 990.4%
W14 810%
W1F 810%
W1H 540.2%
W1J 820.1%
W1W 510%
W2 110%
W2 440.2%
W3 640.2%
W3 7140.6%
W4 560.3%
W5 370.3%
W6 040.2%
W6 910%
W8 6150.7%
W9 120.1%
W9 220.1%
W9 320.1%
WC1A 130.1%

London new home sales share by price range

shows a sales volume of new homes in a given price range between January 2025 - December 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-£100k0.1%3
£100k-£150k0.3%7
£150k-£200k0.9%20
£200k-£250k1.2%26
£250k-£300k6.5%144
£300k-£400k17.4%387
£400k-£500k25.3%563
£500k-£750k31.9%710
£750k-£1M6.8%152
over £1M9.6%213

London cost comparison of new houses and new flats

January 2025 - December 2025

London cost comparison of new houses and new flats

Residential Property Prices of Newly Built Properties by House Type
House TypeAverage price
Detached£698k
Flat£658k
Semi-Detached£1.1M
Terraced£1.0M

London sales share of new houses and new flats

January 2025 - December 2025

London sales share of new houses and new flats

Sales Share of Newly Built Properties by House Type
House TypePercentage shareSales volume
Detached0.1%2
Flat98.1%2.2k
Semi-Detached0.4%8
Terraced1.5%33

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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