Most of the sales in Central London over the past year were flats which on average sold for £1,272,257. Terraced properties had an average sold price of £3,606,902 and detached properties averaged at £3,250,000.
Central London, with an overall average price of £1,419,939 was more expensive than nearby West London (£1,131,523), South West London (£691,886) and North London (£678,421). The most expensive area within Central London was Westminster (£1,471,171) and the cheapest was City Of London (£916,933).
In the past year house prices in Central London were 3% up on the year before and 15% up on 2013 when they averaged at £1,230,559.