Area type
Metropolitan County
Population
5,389,497
Average detached price
£1,197,508
Average semi-detached price
£696,067
Average terraced price
£577,921
Average flat price
£360,011
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The average property price paid in Outer London is £577,708 according to property sale data for the year ending June 2022 published by HM Land Registry. Between the years ending June 2021 and June 2022, property prices in Outer London grew by £21,012. Compare house prices by area
Average property prices in Outer London grew by 3.8% between the years ending June 2021 and June 2022. Between the years ending June 2012 and June 2022, property prices on average grew by 5.7% per year.
If prices in Outer London continue to rise by 5.7% a year, the average property price will be £719,974 in 2025.
The most expensive property prices in Outer London are found in Richmond upon Thames, and the cheapest property prices are found in Barking and Dagenham.
There were 50,950 property sales in Outer London in the year ending June 2022, a decrease of 2,767 when compared to the previous year.
The average price for a house in Outer London ranges from £577,921 for a terraced house to £1,197,508 for a detached house, with semi-detached in between costing on average £696,067.
The average price for a flat or maisonette in Outer London is £360,011.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Outer London, terraced house prices have risen the most between the years ending 2012 and 2022, and flat prices have grown the least.
Detached house prices have risen 74.2% from £687,491 to £1,197,508, semi-detached house prices have risen 75.7% from £396,277 to £696,067, terraced house prices have risen 82.4% from £316,926 to £577,921, and flat prices have risen 56.5% from £230,012 to £360,011.
The most common type of property sold in Outer London during the year ending June 2022 was terraced houses, which accounted for 26.4% of properties.
The least commonly available type of property sold in Outer London were detached houses, which account for 6.4% of properties sold.
Of the properties sold in Outer London during 2022, 0.0% were new build properties.
Rental Market of Outer London
Outer London Crime
Outer London population
The most common price band for property sales in Outer London is £400k - £500k, which accounted for 14.3% of properties sold in 2022.
6.7% of properties in Outer London had a price over £1 million. For comparison, in England, 1.7% of property sales were priced at over £1 million.
The cheapest properties in Outer London were in the £50k - £100k price bracket, accounting for 0.1% of sales.
The cheapest property prices in Outer London are found in Barking and Dagenham, where the average cost of a property is £350,882. Between the years ending June 2021 and June 2022, property prices have changed by 4.2% in Barking and Dagenham (compared to 3.8% in Outer London)
Rank | Area | Average property price | YoY change in price |
|---|---|---|---|
| 1 | Barking and Dagenham London Borough | £350,882 | 4.2% |
| 2 | Bexley London Borough | £413,684 | 0.6% |
| 3 | Croydon London Borough | £437,542 | -2.5% |
| 4 | Havering London Borough | £445,557 | 2.7% |
| 5 | Sutton London Borough | £472,178 | 0.1% |
The most expensive property prices in Outer London are found in Richmond upon Thames, where the average property price is £999,806. Between the years ending June 2021 and June 2022, property prices have changed by 11.7% in Richmond upon Thames (compared to 3.8% in Outer London)
Rank | Area | Average Property Price | YoY CHANGE in PRICE |
|---|---|---|---|
| 1 | Richmond upon Thames London Borough | £999,806 | 11.7% |
| 2 | Barnet London Borough | £782,428 | 11.4% |
| 3 | Merton London Borough | £765,865 | 9.0% |
| 4 | Brent London Borough | £682,728 | 8.9% |
| 5 | Ealing London Borough | £659,911 | 5.2% |
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2022. Data sources: ONS Local statistics