London newly built property prices

The price of a newly built property is £680k in London. The price declined by -£92.9k (-12%) over the last twelve months. The price of an established property is £664k. There were 1551 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 449 (28.9%) properties sold, followed by £400k-£500k price range with 332 (21.4%) properties sold. Most new homes were sold in SE15 1, with 126 sold to date from June 2025 - May 2026.

Current Property Prices for Newly Constructed Residential Properties
June 2025 - May 2026LondonEngland & Wales
Average price of a new home£680k£395k
Average price % change-12%1%
Average price change in GBP-£92.9k£3.6k

London cost comparison of new homes and older homes

June 2025 - May 2026

London cost comparison of new homes and older homes

Residential Property Prices by Construction Age
New or establishedAverage price
A newly built property£680k
An established property£664k

London sales share of new homes and older homes

June 2025 - May 2026

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 property2.2%1.6k
An established property97.8%68.4k
All properties100%70.0k

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 120.1%
BR3 120.1%
BR3 3362.3%
CR0 110.1%
CR2 610.1%
CR8 1281.8%
CR8 210.1%
CR8 310.1%
DA6 710.1%
E1 010.1%
E1 610.1%
E1 810.1%
E10 510.1%
E11 120.1%
E14 0684.4%
E14 310.1%
E14 9191.2%
E16 130.2%
E16 2181.2%
E16 41066.8%
E17 360.4%
E17 4100.6%
E17 720.1%
E18 110.1%
E1W 2764.9%
E3 410.1%
E4 610.1%
E5 820.1%
E8 330.2%
EC1V 210.1%
EC1V 810.1%
EC2A 210.1%
EC3A 710.1%
EC3N 120.1%
EN2 830.2%
EN4 030.2%
EN4 820.1%
HA0 1251.6%
HA1 4392.5%
HA6 210.1%
HA7 410.1%
HA9 0271.7%
HA9 8110.7%
IG11 0110.7%
IG11 710.1%
IG3 830.2%
IG6 310.1%
IG7 420.1%
KT3 410.1%
N1 410.1%
N1 530.2%
N11 230.2%
N12 8130.8%
N12 920.1%
N13 610.1%
N14 430.2%
N15 420.1%
N18 210.1%
N1C 410.1%
N2 910.1%
N20 020.1%
N22 6261.7%
N4 2553.5%
N8 0100.6%
NW10 620.1%
NW11 010.1%
NW2 210.1%
NW2 410.1%
NW3 220.1%
NW3 310.1%
NW3 720.1%
NW5 180.5%
NW6 130.2%
NW6 220.1%
NW6 510.1%
NW7 1402.6%
NW8 820.1%
NW9 4281.8%
NW9 6211.4%
NW9 710.1%
RM14 110.1%
RM14 310.1%
RM2 610.1%
RM3 920.1%
SE1 020.1%
SE1 520.1%
SE10 010.1%
SE10 910.1%
SE11 5785%
SE13 510.1%
SE15 11268.1%
SE15 320.1%
SE16 510.1%
SE17 1110.7%
SE18 610.1%
SE19 310.1%
SE24 010.1%
SE25 510.1%
SE28 040.3%
SE3 9161%
SE6 310.1%
SM2 720.1%
SM6 810.1%
SW10 020.1%
SW11 210.1%
SW11 310.1%
SW11 430.2%
SW11 7573.7%
SW11 810.1%
SW16 110.1%
SW16 520.1%
SW17 0151%
SW18 180.5%
SW18 310.1%
SW19 220.1%
SW1H 020.1%
SW1P 210.1%
SW1P 310.1%
SW4 930.2%
SW6 220.1%
SW6 610.1%
SW8 150.3%
SW8 5533.4%
TN16 320.1%
TW8 0513.3%
TW8 820.1%
TW8 940.3%
UB1 1432.8%
UB3 110.1%
UB3 4684.4%
UB6 010.1%
UB6 750.3%
UB8 1191.2%
W10 520.1%
W12 7100.6%
W1H 520.1%
W1J 810.1%
W1U 870.5%
W1W 510.1%
W2 110.1%
W2 490.6%
W3 610.1%
W3 730.2%
W3 910.1%
W4 570.5%
W5 11066.8%
W5 330.2%
W6 010.1%
W6 930.2%
W7 320.1%
W8 610.1%
WC1X 010.1%

London new home sales share by price range

shows a sales volume of new homes in a given price range between June 2025 - May 2026. 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
£100k-£150k1.0%15
£150k-£200k2.6%41
£200k-£250k3.2%49
£250k-£300k2.8%44
£300k-£400k17.7%274
£400k-£500k21.4%332
£500k-£750k28.9%449
£750k-£1M10.3%160
over £1M12.1%187

London cost comparison of new houses and new flats

June 2025 - May 2026

London cost comparison of new houses and new flats

Residential Property Prices of Newly Built Properties by House Type
House TypeAverage price
Detached£1.0M
Flat£679k
Semi-Detached£1.1M
Terraced£619k

London sales share of new houses and new flats

June 2025 - May 2026

London sales share of new houses and new flats

Sales Share of Newly Built Properties by House Type
House TypePercentage shareSales volume
Detached0.4%6
Flat97.4%1.5k
Semi-Detached0.3%5
Terraced1.9%29

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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