Introduction to London’s Property Market
The London property market has experienced significant fluctuations over the years. According to the latest data, the median sold price in London is £570,000. This figure is based on 3,989 recorded sales.
Historical Context
To put this into perspective, let’s look at the early years of the series. In 1995, the median sold price was £95,000, and in 1996, it dropped to £73,000. However, by 1997, the median price had more than doubled to £181,500. This volatility is a characteristic of the London property market.
Long-term Trends
Fast-forwarding to the latest data, we can see that the median sold price has increased substantially. The price range in London is vast, with the minimum price being £40,000 and the maximum price being £540,000,000. This range highlights the diversity of the London property market.
Price per Square Metre
The price per square metre in London is £7,606. This metric provides insight into the value of properties in the area.
Comparison with Other Years
Comparing the median sold price of £570,000 in the latest data to the median price in 1995 of £95,000, we can see that the price has increased by a factor of approximately 6. This demonstrates the long-term growth of the London property market.
Sales Data
The 3,989 recorded sales in London provide a comprehensive overview of the market. The last sale date was 2026-05-29, indicating that the data is up-to-date.
Tools and Resources
For those interested in exploring the London property market further, our website offers a range of tools and resources, including the London data page and the UK house prices page. Additionally, our tools page provides access to various property-related tools.
Key Statistics
- Median sold price: £570,000
- Number of recorded sales: 3,989
- Price range: £40,000 to £540,000,000
- Price per square metre: £7,606
- Last sale date: 2026-05-29
Your questions
Q: What is the current median sold price in London?
A: The current median sold price in London is £570,000.
Q: How many recorded sales were there in London?
A: There were 3,989 recorded sales in London.