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London house prices by borough, ranked: average price and change over twelve months

London house prices ranked by borough for August 2026: the average price, the 12-month change and flat prices for all 33 areas, from HM Land Registry.

  • 5 min read
  • Last reviewed 4 November 2026
  • By Your Property Check team

Key answer

London house prices averaged £554,430 in August 2026, down 2.2% over 12 months, in the UK House Price Index. Borough averages range from £369,881 in Barking and Dagenham to £1,204,072 in Kensington and Chelsea. Five central areas fell by 10% or more, while several outer boroughs rose.

Part 1 of 5

The ranking

General information, not advice. This table ranks the 32 London boroughs and the City of London by the average price for August 2026, the latest month in the UK House Price Index full file we downloaded from HM Land Registry on 4 November 2026. Each row also shows the change over the 12 months to August 2026 and the flat average with its own 12-month change. GOV.UK says the August 2026 report was published on 21 October 2026.

RankBoroughAverage priceChange 12mFlat average (change 12m)
1Kensington and Chelsea£1,204,072-13.8%£947,855 (-15.3%)
2City of Westminster£887,206-14.3%£784,694 (-15.1%)
3Richmond upon Thames£813,9310%£492,607 (-2.6%)
4Camden£798,486-10.6%£656,955 (-11.4%)
5Hammersmith and Fulham£754,825-5.1%£579,711 (-6.4%)
6City of London£726,633-14.6%£726,060 (-14.6%)
7Wandsworth£694,210-5.3%£532,028 (-6.5%)
8Islington£654,286-8.6%£542,886 (-9.1%)
9Haringey£633,221-1.4%£467,608 (-3%)
10Merton£623,791+0.1%£409,754 (-2.2%)
11Hackney£619,408-1.6%£535,923 (-2.3%)
12Kingston upon Thames£597,587+4.9%£368,099 (+2.5%)
13Barnet£592,892-4.4%£364,239 (-7.3%)
14Ealing£589,875+1.8%£410,282 (0%)
15Southwark£569,160-2.1%£466,671 (-2.9%)
16Brent£555,687-0.3%£383,498 (-2.5%)
17Lambeth£540,198-6.5%£441,815 (-7.2%)
18Waltham Forest£532,212+0.7%£390,968 (-1.3%)
19Harrow£532,173-2.5%£319,799 (-5.1%)
20Hounslow£528,051-1.5%£353,291 (-3.8%)
21Bromley£520,253-0.5%£306,823 (-2.9%)
22Lewisham£486,416-1.6%£374,267 (-3.1%)
23Redbridge£484,378-2.8%£301,680 (-5.5%)
24Hillingdon£482,1370%£291,852 (-2.4%)
25Enfield£474,855+0.8%£300,325 (-1.4%)
26Greenwich£462,868-2.2%£350,603 (-3.9%)
27Sutton£458,954+1.5%£287,646 (-0.7%)
28Tower Hamlets£447,950-13.3%£429,851 (-13.6%)
29Havering£444,572+1.1%£249,212 (-1.5%)
30Bexley£414,833+1.9%£245,833 (-0.8%)
31Croydon£396,718-1.5%£257,891 (-3.2%)
32Newham£388,045-4.7%£320,546 (-6.6%)
33Barking and Dagenham£369,881+4.7%£245,845 (+2.3%)

For comparison, the same file gives the London region an average of £554,430 (down 2.2% over 12 months) and the United Kingdom £273,037 (up 0.9%).

Part 2 of 5

What the table shows

  • Cheapest: Barking and Dagenham, at £369,881, then Newham at £388,045 and Croydon at £396,718.
  • Most expensive: Kensington and Chelsea, at £1,204,072, then the City of Westminster at £887,206 and Richmond upon Thames at £813,931.
  • Falling or rising: 22 of the 33 areas show a lower average than a year earlier, 9 show a higher one and 2 (Richmond upon Thames and Hillingdon) show 0% change.
  • The biggest falls: five areas are down by 10% or more over 12 months: the City of London (-14.6%), the City of Westminster (-14.3%), Kensington and Chelsea (-13.8%), Tower Hamlets (-13.3%) and Camden (-10.6%).
  • The biggest rises: Kingston upon Thames (+4.9%), Barking and Dagenham (+4.7%), Bexley (+1.9%) and Sutton (+1.5%).

Part 3 of 5

Why London looks different

London is not one market. In this file the range between the cheapest and dearest borough average is more than three times (£369,881 against £1,204,072), and boroughs sit on both sides of zero for the 12-month change. The central boroughs at the top of the price ranking are also where the biggest falls are, while several outer boroughs are flat or up. We do not give a cause, because the index records what prices did, not why. Other pages on this site look at the national picture, and our page on where house prices are falling uses the same index across England and Wales.

Part 4 of 5

How to read the figures

  • An average is not a value. Flats and houses differ a great deal inside one borough, so the flat column is shown beside the all-types average. The average for a borough is a statistical estimate produced by HM Land Registry and the Office for National Statistics, and a small gap between two neighbouring rows should be read as noise.
  • Latest months move. GOV.UK states the index is published as accredited official statistics and carries a note on revisions to the most recent estimates, so August 2026 may be revised in later releases.
  • Your street is not the borough. For a single home, look at actual sales nearby with our sold prices tool rather than a borough average, and browse by area on our areas pages.

Part 5 of 5

Buying or selling in London

If you are buying, a borough that has fallen is not automatically cheaper for the home you want, and one that has risen is not automatically expensive. Compare like for like: the same property type, in the same streets, over the same period. If you are selling, the average is a context figure only. A valuation should rest on recent sales of similar homes close to yours.

This page is general information, not advice. The data is Crown copyright, HM Land Registry, and used under the Open Government Licence v3.0.

Our take

A borough average is context, not a valuation

London is not one market. In the August 2026 index the cheapest borough average was £369,881 and the dearest £1,204,072, and boroughs sit on both sides of zero for the 12-month change. We would not use any borough figure to price a single home, because flats and houses differ widely inside one borough.

What Your Property Check adds is the street level. Our free sold prices tool shows real HM Land Registry transactions for any postcode, so you can compare like with like, the same property type in the same streets over the same period, instead of leaning on an average.

Our opinion, drawn from the facts on this page: not advice and not a forecast. We earn from OfferCheck reports and from introducing sellers to cash buyers, so weigh it with that in mind (see our disclosure). We are not authorised or regulated by the FCA.

Questions, answered

Frequently asked questions

Which London borough is cheapest?
In the August 2026 UK House Price Index, Barking and Dagenham has the lowest average price at £369,881, followed by Newham at £388,045 and Croydon at £396,718.
Which London borough is most expensive?
Kensington and Chelsea, at an average of £1,204,072 in August 2026. The City of Westminster is next at £887,206, then Richmond upon Thames at £813,931.
Are London house prices falling?
The London average was down 2.2% over the 12 months to August 2026, but boroughs differ. 22 of the 33 areas fell, while 9 rose, so the headline hides a wide spread.
Why is London different from the rest of the UK?
The index records what prices did, not why. In the same file the UK average rose 0.9% in the 12 months to August 2026 while London fell 2.2%, and London boroughs ranged from -14.6% to +4.9%.

Where this comes from

Sources

Last reviewed 4 November 2026 by the Your Property Check team. This page is general information, not legal, tax or financial advice. For your own situation, speak to a conveyancing solicitor or another qualified professional.