London newly built property prices

The price of a newly built property is £748k in London region. The price declined by £-203.4k (-21%) over the last twelve months. The price of an established property is £673k. There were 1753 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 522 (29.8%) properties sold, followed by £400k-£500k price range with 280 (16.0%) properties sold. Most new homes were sold in SE17 1, with 151 sold to date from March 2024 - February 2025.

March 2024 - February 2025London regionEngland & Wales
Average price of a new home£748k£379k

Average price change
-21%
£-203.4k
-4%
£-17.8k

London cost comparison of new homes and older homes

March 2024 - February 2025

London cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£748k
An established property£673k

London sales share of new homes and older homes

March 2024 - February 2025

London sales share of new homes and older homes

2.5%

A newly built property

1.8k

97.5%

An established property

67.7k

69.4k

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 310.1%
BR6 020.1%
CR0 5171%
CR0 620.1%
CR2 010.1%
CR2 810.1%
CR8 210.1%
CR8 350.3%
CR8 420.1%
CR8 510.1%
DA6 7130.7%
DA8 310.1%
E1 220.1%
E1 810.1%
E10 570.4%
E10 650.3%
E11 1130.7%
E14 01327.5%
E14 620.1%
E14 91015.8%
E15 170.4%
E16 21035.9%
E17 350.3%
E17 930.2%
E3 210.1%
E3 310.1%
E5 040.2%
E8 350.3%
EC1V 1261.5%
EC1V 2241.4%
EC2A 210.1%
EC3A 740.2%
EC3N 1281.6%
EN2 810.1%
EN4 0120.7%
EN5 5211.2%
HA0 160.3%
HA0 410.1%
HA1 4201.1%
HA2 950.3%
HA3 020.1%
HA3 520.1%
HA4 810.1%
HA4 920.1%
HA7 4140.8%
HA8 590.5%
HA9 820.1%
IG11 060.3%
IG6 110.1%
IG6 210.1%
IG7 4211.2%
KT3 4150.9%
KT5 920.1%
KT6 610.1%
N1 5100.6%
N11 220.1%
N12 710.1%
N14 420.1%
N14 510.1%
N14 610.1%
N15 340.2%
N15 430.2%
N15 5241.4%
N17 610.1%
N17 920.1%
N1C 440.2%
N2 010.1%
N2 910.1%
N20 010.1%
N20 980.5%
N22 620.1%
N4 220.1%
N8 010.1%
N8 930.2%
N9 940.2%
NW1 840.2%
NW10 6160.9%
NW2 2231.3%
NW2 430.2%
NW2 5160.9%
NW3 270.4%
NW4 220.1%
NW5 420.1%
NW7 1160.9%
NW8 830.2%
NW9 410.1%
RM12 6120.7%
RM13 820.1%
RM13 9110.6%
RM14 340.2%
RM9 6120.7%
SE1 070.4%
SE1 970.4%
SE10 01106.3%
SE10 890.5%
SE11 5130.7%
SE13 520.1%
SE15 350.3%
SE16 3140.8%
SE17 11518.6%
SE17 3110.6%
SE18 6804.6%
SE27 010.1%
SE28 0412.3%
SE3 910.1%
SE6 420.1%
SM2 710.1%
SM6 720.1%
SW10 060.3%
SW11 210.1%
SW11 310.1%
SW11 4975.5%
SW11 810.1%
SW16 220.1%
SW16 510.1%
SW17 060.3%
SW18 140.2%
SW19 120.1%
SW19 640.2%
SW1A 210.1%
SW2 510.1%
SW20 810.1%
SW4 020.1%
SW4 720.1%
SW4 920.1%
SW5 970.4%
SW6 2492.8%
SW6 610.1%
SW8 5120.7%
SW9 020.1%
TW13 530.2%
TW3 110.1%
TW3 310.1%
TW3 4261.5%
TW8 0130.7%
TW9 210.1%
UB1 1211.2%
UB2 4362.1%
UB3 1341.9%
UB3 430.2%
UB6 080.5%
W13 990.5%
W14 860.3%
W1F 820.1%
W1J 820.1%
W1U 420.1%
W2 110.1%
W2 330.2%
W2 420.1%
W3 650.3%
W3 710.1%
W3 940.2%
W4 530.2%
W6 040.2%
W6 930.2%
W8 420.1%
W9 170.4%
W9 260.3%
W9 310.1%
WC1A 110.1%
WC2B 510.1%

London new home sales share by price range

shows a sales volume of new homes in a given price range between March 2024 - February 2025. See also London property sales reports.

London new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.5%8
£100k-£150k1.0%17
£150k-£200k0.5%8
£200k-£250k2.0%35
£250k-£300k4.3%76
£300k-£400k15.5%271
£400k-£500k16.0%280
£500k-£750k29.8%522
£750k-£1M15.6%273
over £1M15.0%263

London cost comparison of new houses and new flats

March 2024 - February 2025

London cost comparison of new houses and new flats

£1.4M

Detached

£743k

Flat

£843k

Semi-Detached

£839k

Terraced

London sales share of new houses and new flats

March 2024 - February 2025

London sales share of new houses and new flats

0.4%

Detached

7

97.3%

Flat

1.7k

0.7%

Semi-Detached

13

1.5%

Terraced

27

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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