Most of the sales in Central London over the past year were flats which on average sold for £1,227,082. Terraced properties had an average sold price of £3,687,340 and detached properties averaged at £1,447,000.
Central London, with an overall average price of £1,391,286 was more expensive than nearby West London (£1,145,352), South West London (£642,645) and North London (£631,842). The most expensive area within Central London was Westminster (£1,465,763) and the cheapest was City Of London (£889,076).
In the past year house prices in Central London were similar to the year before and 24% up on 2012 when they averaged at £1,121,417.