Most of the sales in Central London over the past year were flats which on average sold for £1,049,306. Terraced properties had an average sold price of £3,442,241 and semi-detached properties averaged at £4,023,750.
Central London, with an overall average price of £1,230,436 was more expensive than nearby West London (£1,043,003), South West London (£588,775) and North London (£573,683). The most expensive area within Central London was Westminster (£1,286,506) and the cheapest was City Of London (£703,836).
In the past year house prices in Central London were similar to the year before and 38% up on 2011 when they averaged at £891,233.