Most of the sales in Central London over the past year were flats which on average sold for £1,286,149. Terraced properties had an average sold price of £3,417,224 and detached properties averaged at £3,250,000.
Central London, with an overall average price of £1,430,941 was more expensive than nearby West London (£1,134,799), South West London (£699,213) and North London (£681,076). The most expensive area within Central London was Westminster (£1,469,616) and the cheapest was City Of London (£907,881).
In the past year house prices in Central London were 3% up on the year before and 16% up on 2013 when they averaged at £1,231,340.