Most of the sales in Central London over the past year were flats which on average sold for £1,067,604. Terraced properties had an average sold price of £3,514,300 and semi-detached properties averaged at £3,484,000.
Central London, with an overall average price of £1,251,184 was more expensive than nearby West London (£1,064,753), South West London (£593,542) and North London (£575,281). The most expensive area within Central London was Westminster (£1,304,624) and the cheapest was City Of London (£703,753).
In the past year house prices in Central London were 3% up on the year before and 40% up on 2011 when they averaged at £891,295.