London newly built property prices

The price of a newly built property is £758k in London region. The price declined by £-163.2k (-18%) over the last twelve months. The price of an established property is £672k. There were 1297 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 356 (27.4%) properties sold, followed by over £1M price range with 228 (17.6%) properties sold. Most new homes were sold in E16 2, with 135 sold to date from February 2024 - January 2025.

February 2024 - January 2025London regionEngland & Wales
Average price of a new home£758k£377k

Average price change
-18%
£-163.2k
-5%
£-18.9k

London cost comparison of new homes and older homes

February 2024 - January 2025

London cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£758k
An established property£672k

London sales share of new homes and older homes

February 2024 - January 2025

London sales share of new homes and older homes

1.9%

A newly built property

1.3k

98.1%

An established property

66.3k

67.6k

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 020.2%
CR0 5221.7%
CR0 610.1%
CR8 210.1%
CR8 320.2%
CR8 430.2%
CR8 510.1%
DA6 7141.1%
E1 230.2%
E10 530.2%
E10 620.2%
E11 150.4%
E14 01128.6%
E14 620.2%
E14 9967.4%
E16 110.1%
E16 213510.4%
E17 310.1%
E17 950.4%
E3 210.1%
E5 050.4%
E8 310.1%
EC1V 1110.8%
EC1V 290.7%
EC3A 730.2%
EC3N 1120.9%
EN2 830.2%
EN4 0120.9%
EN5 5211.6%
HA0 160.5%
HA0 410.1%
HA1 4100.8%
HA2 950.4%
HA3 020.2%
HA4 610.1%
HA4 920.2%
HA7 4120.9%
HA8 590.7%
HA9 810.1%
IG11 050.4%
IG11 710.1%
IG6 210.1%
IG7 470.5%
KT3 4141.1%
KT5 920.2%
KT6 620.2%
N1 5100.8%
N11 220.2%
N14 410.1%
N14 520.2%
N15 370.5%
N15 450.4%
N15 510.1%
N17 610.1%
N17 920.2%
N2 010.1%
N2 910.1%
N20 960.5%
N22 650.4%
N4 220.2%
N8 030.2%
N8 930.2%
N9 940.3%
NW1 860.5%
NW10 6141.1%
NW11 010.1%
NW2 2231.8%
NW2 440.3%
NW2 5171.3%
NW3 240.3%
NW4 230.2%
NW5 410.1%
NW7 1120.9%
NW8 820.2%
NW9 410.1%
RM12 630.2%
RM13 820.2%
RM13 980.6%
RM14 310.1%
RM9 630.2%
SE1 0110.8%
SE1 980.6%
SE10 0141.1%
SE10 850.4%
SE11 580.6%
SE14 620.2%
SE15 350.4%
SE16 320.2%
SE17 1564.3%
SE18 6413.2%
SE2 910.1%
SE27 040.3%
SE28 0282.2%
SE3 870.5%
SE3 910.1%
SE6 210.1%
SE6 450.4%
SE9 420.2%
SM6 720.2%
SW10 040.3%
SW11 210.1%
SW11 4715.5%
SW11 810.1%
SW16 220.2%
SW17 040.3%
SW18 110.1%
SW19 110.1%
SW19 630.2%
SW1H 910.1%
SW2 520.2%
SW4 720.2%
SW6 2715.5%
SW6 610.1%
SW8 5161.2%
SW9 010.1%
TW13 530.2%
TW3 310.1%
TW3 4282.2%
TW8 080.6%
UB1 1241.9%
UB2 4372.9%
UB3 1231.8%
UB3 440.3%
UB6 030.2%
W12 720.2%
W14 870.5%
W1F 830.2%
W1J 820.2%
W1U 410.1%
W2 320.2%
W2 410.1%
W3 650.4%
W3 710.1%
W3 940.3%
W4 510.1%
W6 040.3%
W6 920.2%
W9 170.5%
W9 250.4%
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 February 2024 - January 2025. See also London property sales reports.

London new home sales share by price range

Property price rangeMarket shareSales volume
£100k-£150k0.9%12
£150k-£200k0.7%9
£200k-£250k2.9%37
£250k-£300k4.5%58
£300k-£400k16.3%211
£400k-£500k15.3%198
£500k-£750k27.4%356
£750k-£1M14.5%188
over £1M17.6%228

London cost comparison of new houses and new flats

February 2024 - January 2025

London cost comparison of new houses and new flats

£1.5M

Detached

£750k

Flat

£998k

Semi-Detached

£821k

Terraced

London sales share of new houses and new flats

February 2024 - January 2025

London sales share of new houses and new flats

0.5%

Detached

7

96.6%

Flat

1.3k

0.8%

Semi-Detached

11

2.0%

Terraced

26

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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