City of London house prices
Average price paid, 2026-05
Prices in City of London are down 28.09% over the last year and down 2.81% a year over five. That is 131% above the United Kingdom average of £271,295. It ranks 11 of 360 UK local authorities by price.
Average price, last 25 years
Pounds paid · to 2026-05HM Land Registry, UK House Price Index. Source
- £125,001 to £250,000 at 2%£2,500
- £250,001 to £925,000 at 5%£18,849
First-time buyer relief applies below £500,000. England and Northern Ireland rates; Scotland charges Land and Buildings Transaction Tax and Wales charges Land Transaction Tax, both on different bands.
What is your City of London home worth?
The area average is a starting point, not a valuation. Give us what you paid and the year, and we will move it by the actual change in average prices paid in City of London over exactly that period.
Value my homeSimilarly priced areas in England
City of London house prices: common questions
What is the average house price in City of London?
The average house price in City of London is £626,980, based on HM Land Registry data for 2026-05. That is the average price actually paid for property completing in the area, not an asking price or an estimate.
Are house prices in City of London rising or falling?
Prices in City of London are down 28.09% over the last year, and have changed at -2.81% a year over five years and +3.6% a year over twenty. Figures are annualised averages from HM Land Registry to 2026-05.
How much stamp duty would I pay on an average home in City of London?
Stamp duty on a £626,980 property is £21,349 at standard England and Northern Ireland rates, or £21,349 for a first-time buyer. Stamp duty is charged in slices, so only the portion of the price inside each band is taxed at that band's rate. Scotland and Wales charge different taxes on different bands.
Is City of London expensive compared with the rest of the UK?
At £626,980, City of London is 131% above the United Kingdom average of £271,295. It ranks 11 of 360 UK local authorities by average price.
How can I find out what my own City of London home is worth?
An area average is not a valuation of a specific property. If you know what you paid and the year you bought, our free tool moves your purchase price by the actual change in average prices paid in City of London over exactly that period, which is more accurate than estimating from bedroom count. For anything involving money changing hands, get a valuation from a local agent or a RICS surveyor; no lender accepts an online estimate.
Contains HM Land Registry data © Crown copyright and database right. Licensed under the Open Government Licence v3.0.