City of London · report
House prices in City of London: the next 12 months
Sale prices have an 80% chance of landing between £603,941 and £936,673 by August 2027.
- Expected, August 2027
- £770,307
- Chance of a rise
- 63%
City of London: five years of prices and the expected path
Average sale price per home, £, monthly, with the next 12 months' expected path
- City of London
- London
- United Kingdom
- Expected path
- 80% range
Show the numbers
| Period | City of London | London | United Kingdom |
|---|---|---|---|
| Aug 2027 · Expected path | £770,307 (£603,941–£936,673) | £566,944 | £280,154 |
| Jul 2027 · Expected path | £766,668 (£607,504–£925,831) | £565,901 | £279,560 |
| Jun 2027 · Expected path | £763,028 (£611,386–£914,670) | £564,858 | £278,967 |
| May 2027 · Expected path | £759,389 (£615,637–£903,140) | £563,816 | £278,374 |
| Apr 2027 · Expected path | £755,749 (£620,321–£891,177) | £562,773 | £277,781 |
| Mar 2027 · Expected path | £752,110 (£625,524–£878,695) | £561,730 | £277,188 |
| Feb 2027 · Expected path | £748,470 (£631,363–£865,577) | £560,687 | £276,595 |
| Jan 2027 · Expected path | £744,831 (£638,008–£851,653) | £559,644 | £276,002 |
| Dec 2026 · Expected path | £741,191 (£645,719–£836,663) | £558,601 | £275,409 |
| Nov 2026 · Expected path | £737,552 (£654,933–£820,170) | £557,559 | £274,816 |
| Oct 2026 · Expected path | £733,912 (£666,506–£801,318) | £556,516 | £274,223 |
| Sep 2026 · Expected path | £730,273 (£682,646–£777,899) | £555,473 | £273,630 |
| Aug 2026 | £726,633 | £554,430 | £273,037 |
| Jul 2026 | £722,345 | £550,340 | £272,146 |
| Jun 2026 | £761,854 | £551,440 | £270,690 |
| May 2026 | £718,221 | £549,535 | £272,221 |
| Apr 2026 | £734,534 | £554,363 | £270,966 |
| Mar 2026 | £686,200 | £546,111 | £268,631 |
| Feb 2026 | £692,380 | £546,681 | £269,423 |
| Jan 2026 | £714,100 | £553,643 | £268,814 |
| Dec 2025 | £737,347 | £550,040 | £268,002 |
| Nov 2025 | £737,073 | £560,709 | £270,472 |
| Oct 2025 | £766,265 | £557,572 | £269,819 |
| Sep 2025 | £802,130 | £565,498 | £269,556 |
| Aug 2025 | £850,704 | £567,115 | £270,575 |
| Jul 2025 | £860,552 | £568,795 | £268,843 |
| Jun 2025 | £895,675 | £568,050 | £266,796 |
| May 2025 | £871,875 | £565,507 | £264,078 |
| Apr 2025 | £817,897 | £564,530 | £260,162 |
| Mar 2025 | £745,977 | £553,812 | £268,019 |
| Feb 2025 | £785,659 | £561,072 | £264,771 |
| Jan 2025 | £815,824 | £563,861 | £264,936 |
| Dec 2024 | £797,444 | £556,882 | £263,991 |
| Nov 2024 | £735,940 | £559,925 | £264,515 |
| Oct 2024 | £741,614 | £560,909 | £265,252 |
| Sep 2024 | £779,529 | £566,882 | £264,750 |
| Aug 2024 | £780,315 | £567,121 | £265,085 |
| Jul 2024 | £797,696 | £557,831 | £262,479 |
| Jun 2024 | £842,164 | £556,853 | £259,585 |
| May 2024 | £909,017 | £553,592 | £258,565 |
| Apr 2024 | £901,108 | £548,467 | £256,478 |
| Mar 2024 | £905,448 | £547,437 | £255,082 |
| Feb 2024 | £856,236 | £546,247 | £254,633 |
| Jan 2024 | £826,426 | £551,097 | £255,972 |
| Dec 2023 | £796,466 | £549,112 | £256,177 |
| Nov 2023 | £852,593 | £547,757 | £258,368 |
| Oct 2023 | £866,356 | £555,122 | £260,129 |
| Sep 2023 | £896,564 | £565,702 | £261,318 |
| Aug 2023 | £950,691 | £560,630 | £262,602 |
| Jul 2023 | £999,355 | £559,703 | £261,182 |
| Jun 2023 | £970,431 | £556,107 | £258,275 |
| May 2023 | £901,790 | £554,900 | £257,330 |
| Apr 2023 | £829,285 | £557,147 | £256,479 |
| Mar 2023 | £862,970 | £555,361 | £255,885 |
| Feb 2023 | £803,238 | £563,875 | £258,788 |
| Jan 2023 | £873,408 | £570,869 | £260,941 |
| Dec 2022 | £886,906 | £572,384 | £263,190 |
| Nov 2022 | £916,902 | £575,480 | £265,299 |
| Oct 2022 | £909,477 | £573,946 | £265,693 |
| Sep 2022 | £899,430 | £579,330 | £265,727 |
| Aug 2022 | £909,716 | £581,320 | £265,124 |
| Jul 2022 | £868,965 | £575,261 | £262,904 |
| Jun 2022 | £874,716 | £572,418 | £258,118 |
| May 2022 | £879,152 | £554,380 | £255,040 |
| Apr 2022 | £902,577 | £554,765 | £252,167 |
| Mar 2022 | £878,351 | £550,480 | £249,232 |
| Feb 2022 | £951,362 | £551,066 | £248,309 |
| Jan 2022 | £1,021,539 | £550,635 | £248,031 |
| Dec 2021 | £994,593 | £547,837 | £245,189 |
| Nov 2021 | £884,020 | £547,647 | £243,930 |
| Oct 2021 | £788,575 | £539,606 | £239,236 |
| Sep 2021 | £899,304 | £541,876 | £245,371 |
What the model expects
The central estimate at each horizon, and the range prices land in 8 times out of 10.
| Horizon | Expected | 80% range | Chance of a rise | Chance of beating inflation |
|---|---|---|---|---|
| In 3 months (November 2026) | £737,552 | £654,933 – £820,170 | 57% | 53% |
| In 4 months (December 2026) | £741,191 | £645,719 – £836,663 | 58% | 53% |
| In 12 months (August 2027) | £770,307 | £603,941 – £936,673 | 63% | 56% |
The outlook carries the region's own monthly price history forward: the recent trend and how far prices usually stray from it. It knows nothing about interest-rate decisions, new laws or local projects, so read it as a description of momentum, not a forecast to act on.
Other reports for City of London
Figures for London: City of London has no reliable figures of its own.
At the average sale price, a home costs £726,633. With 10% down and a 30-year mortgage, the payment is £3,353 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.
- Payment, two incomes
- 43%
- Payment, one income
- 87%
Figures for London: City of London has no reliable figures of its own.
Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.
- Rent per month
- £2,338
- Owning per month
- £2,610
21.3% fewer homes were started in the last 12 months than in an average year of the past decade.
- Started, 12 months
- 60
- Per 1,000 residents
- 3.8
Figures for United Kingdom: City of London has no reliable figures of its own.
Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.
- Bought by buyers abroad, 12 months
- 1.8%
Sale prices have fallen by 3% or more 19 times since 1995. The deepest began in November 2000.
- Deepest fall
- −41.3%
- Recovery from the low
- 8 months
In 2025 the population grew by 134 while 10 homes were finished: 13.4 new residents for every new home.
- New residents per new home, 2025
- 13.4
- Population change, 2025
- +134
26.2% of the 7,323 homes counted in the 2021 census had nobody usually living in them.
- Empty, 2021 census
- 26.2%
- Empty homes
- 1,915
In 2025, 56% of the homes added came from existing buildings rather than new ones.
- Homes from existing buildings, 2025
- 56%