House Prices in City of London

Types of property in City of London

The most common type of property sold in City of London during the year ending June 2021 was flats, which accounted for 99.1% of properties.

The least commonly available type of property sold in City of London were semi-detached houses, which account for 0.0% of properties sold.

• Detached houses: 0 properties sold or 0.0%
• Semi-detached houses: 0 properties sold or 0.0%
• Terraced houses: 1 properties sold or 0.9%
• Flats: 107 properties sold or 99.1%

New build properties in City of London

Of the properties sold in City of London during 2021, 2.3% were new build properties.

The average price paid for a new build property in City of London was £121,248 higher than the average price paid for an existing property.

Of the new build properties sold, the most common type was flats (100% of new build properties sold). For existing properties, the most common type is flats (98% of existing properties sold).

House and flat price bands in City of London

The most common price band for property sales in City of London is £600k - £800k, which accounted for 28.7% of properties sold in 2021.

13.9% of properties in City of London had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.

The cheapest properties in City of London were in the £400k - £500k price bracket, accounting for 9.3% of sales.