City of London · report
New homes in City of London
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
Homes started in City of London
Homes started over the previous 12 months, at each quarter.
- City of London
- Ten-year average
Show the numbers
| Period | City of London |
|---|---|
| Jun 2026 | 60 |
| Mar 2026 | 80 |
| Dec 2025 | 640 |
| Sep 2025 | 630 |
| Jun 2025 | 630 |
| Mar 2025 | 610 |
| Dec 2024 | 0 |
| Sep 2024 | 0 |
| Jun 2024 | 0 |
| Mar 2024 | 0 |
| Dec 2023 | 0 |
| Sep 2023 | 0 |
| Jun 2023 | 0 |
| Mar 2023 | 0 |
| Dec 2022 | 0 |
| Sep 2022 | 0 |
| Jun 2022 | 0 |
| Mar 2022 | 0 |
| Dec 2021 | 0 |
| Sep 2021 | 0 |
| Jun 2021 | 0 |
| Mar 2021 | 0 |
| Dec 2020 | 0 |
| Sep 2020 | 0 |
| Jun 2020 | 0 |
| Mar 2020 | 0 |
| Dec 2019 | 0 |
| Sep 2019 | 0 |
| Jun 2019 | 0 |
| Mar 2019 | 0 |
| Dec 2018 | 0 |
| Sep 2018 | 0 |
| Jun 2018 | 0 |
| Mar 2018 | 0 |
| Dec 2017 | 0 |
| Sep 2017 | 100 |
| Jun 2017 | 100 |
| Mar 2017 | 100 |
| Dec 2016 | 100 |
| Sep 2016 | 0 |
| Jun 2016 | 0 |
| Mar 2016 | 170 |
| Dec 2015 | 170 |
| Sep 2015 | 170 |
| Jun 2015 | 170 |
| Mar 2015 | 0 |
| Dec 2014 | 0 |
| Sep 2014 | 0 |
| Jun 2014 | 0 |
| Mar 2014 | 0 |
| Dec 2013 | 0 |
| Sep 2013 | 220 |
| Jun 2013 | 220 |
| Mar 2013 | 310 |
| Dec 2012 | 320 |
| Sep 2012 | 100 |
| Jun 2012 | 100 |
| Mar 2012 | 10 |
| Dec 2011 | 280 |
| Sep 2011 | 280 |
| Jun 2011 | 280 |
| Mar 2011 | 280 |
| Dec 2010 | 0 |
| Sep 2010 | 0 |
| Jun 2010 | 0 |
| Mar 2010 | 0 |
| Dec 2009 | 0 |
| Sep 2009 | 0 |
| Jun 2009 | 0 |
| Mar 2009 | 280 |
| Dec 2008 | 280 |
| Sep 2008 | 280 |
| Jun 2008 | 280 |
| Mar 2008 | 0 |
| Dec 2007 | 0 |
| Sep 2007 | 0 |
| Jun 2007 | 0 |
| Mar 2007 | 0 |
| Dec 2006 | 0 |
| Sep 2006 | 0 |
| Jun 2006 | 0 |
| Mar 2006 | 80 |
| Dec 2005 | 100 |
A start is the first count of a new home in the UK: no nation counts homes granted planning permission. Most starts are finished one to two years later. England's and Wales's counts come from building control, which misses some homes; Scotland counts housing association approvals as starts; Northern Ireland's begin in 2015.
Other reports for City of London
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%
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
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%