Most of the sales in Central London over the past year were flats which on average sold for £1,255,832. Terraced properties had an average sold price of £3,802,584 and detached properties averaged at £3,250,000.
Central London, with an overall average price of £1,423,527 was more expensive than nearby West London (£1,140,128), South West London (£686,206) and North London (£678,130). The most expensive area within Central London was Westminster (£1,473,398) and the cheapest was City Of London (£915,513).
In the past year house prices in Central London were 4% up on the year before and 16% up on 2013 when they averaged at £1,230,559.