Most of the sales in Central London over the past year were flats which on average sold for £1,240,764. Terraced properties had an average sold price of £3,560,202 and detached properties averaged at £2,187,500.
Central London, with an overall average price of £1,405,207 was more expensive than nearby West London (£1,165,760), South West London (£648,242) and North London (£613,772). The most expensive area within Central London was Westminster (£1,421,110) and the cheapest was City Of London (£782,303).
In the past year house prices in Central London were 16% up on the year before and 58% up on 2011 when they averaged at £891,295.