Last year most property sales in London involved flats which sold for on average £558,686. Terraced properties sold for an average price of £734,467, while semi-detached properties fetched £690,599.
London, with an overall average price of £666,682 was more expensive than nearby South East (£424,891), East of England (£351,078) and East Midlands (£221,901). The priciest area within London was Central London (£1,728,009) and the least expensive was East London (£478,706).
During the last year, sold prices in London were 6% up on the previous year and 7% up on 2018 when the average house price was £621,808.