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Digital Map Data © Collins Bartholomew Ltd 2008

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Last year most property sales in London involved flats which sold for on average £569,405. Terraced properties sold for an average price of £836,509, while semi-detached properties fetched £831,044.

London, with an overall average price of £731,977 was more expensive than nearby South East (£482,966), East of England (£400,174) and East Midlands (£262,816). The priciest area within London was Central London (£1,673,417) and the least expensive was East London (£528,894).

During the last year, sold prices in London were similar to the previous year and 9% up on 2021 when the average house price was £672,384.