From the official UK House Price Index (UK HPI) — HM Land Registry's record of every completed residential sale, calculated by the ONS.
Chart shows indicative annual average prices built from the UK HPI (London region). The headline figures above are the latest confirmed monthly release.
London remains the UK's most valuable market by a wide margin — the April 2026 average of £553,000 is roughly double the UK average of £270,000. But it has also been the slowest-growing region: prices are down 2.1% year-on-year even as the wider UK rose.
For investors, that combination means high entry costs and thinner yields than the North, but deep liquidity and long-run capital resilience.
The UK House Price Index uses sales data from HM Land Registry, Registers of Scotland and Land & Property Services NI, calculated by the ONS. Unlike lender indices (Halifax, Nationwide), it captures every transaction — cash and mortgage — so it's the most complete, if slightly lagged, official measure.
Figures are provisional for recent months and revised as more sales complete.
| Year | Avg. price (indicative) | Annual change |
|---|
Sources: HM Land Registry UK House Price Index; UK House Price Index for April 2026 (GOV.UK). Annual figures are indicative averages; the latest single-month figure is taken from the official release. Data © Crown copyright, Open Government Licence v3.0.