Imofolio

London · report

Past price cycles in London

Sale prices have fallen by 3% or more 10 times since 1968. The deepest began in June 1989.

Deepest fall
−20.9%
Recovery from the low
51 months

Prices in London and the UK, indexed

Average sale prices, both set to 100 in April 1968.

  • London
  • United Kingdom
  • 100 = April 1968
Show the numbers
PeriodLondonUnited Kingdom
Aug 202611,721.68,246.4
Jul 202611,635.18,219.5
Jun 202611,658.48,175.5
May 202611,618.18,221.7
Apr 202611,720.18,183.8
Mar 202611,545.78,113.3
Feb 202611,557.78,137.2
Jan 202611,704.98,118.8
Dec 202511,628.88,094.3
Nov 202511,854.38,168.9
Oct 202511,788.08,149.2
Sep 202511,955.68,141.2
Aug 202511,989.78,172.0
Jul 202512,025.38,119.7
Jun 202512,009.58,057.9
May 202511,955.87,975.8
Apr 202511,935.17,857.5
Mar 202511,708.58,094.8
Feb 202511,862.07,996.7
Jan 202511,921.08,001.7
Dec 202411,773.47,973.2
Nov 202411,837.77,989.0
Oct 202411,858.58,011.2
Sep 202411,984.87,996.1
Aug 202411,989.98,006.2
Jul 202411,793.57,927.5
Jun 202411,772.87,840.1
May 202411,703.87,809.3
Apr 202411,595.57,746.2
Mar 202411,573.77,704.1
Feb 202411,548.67,690.5
Jan 202411,651.17,731.0
Dec 202311,609.17,737.1
Nov 202311,580.57,803.3
Oct 202311,736.27,856.5
Sep 202311,959.97,892.4
Aug 202311,852.67,931.2
Jul 202311,833.07,888.3
Jun 202311,757.07,800.5
May 202311,731.57,772.0
Apr 202311,779.07,746.3
Mar 202311,741.27,728.3
Feb 202311,921.27,816.0
Jan 202312,069.17,881.0
Dec 202212,101.17,949.0
Nov 202212,166.68,012.7
Oct 202212,134.28,024.6
Sep 202212,248.08,025.6
Aug 202212,290.18,007.4
Jul 202212,162.07,940.3
Jun 202212,101.97,795.8
May 202211,720.57,702.8
Apr 202211,728.67,616.0
Mar 202211,638.17,527.4
Feb 202211,650.47,499.5
Jan 202211,641.37,491.1
Dec 202111,582.27,405.3
Nov 202111,578.27,367.3
Oct 202111,408.27,225.5
Sep 202111,456.27,410.8
Aug 202111,539.87,200.3
Jul 202111,200.66,988.4
Jun 202111,378.47,332.4
May 202111,050.16,962.6
Apr 202111,066.06,915.7
Mar 202111,296.27,020.9
Feb 202111,102.66,918.4
Jan 202111,186.16,898.7
Dec 202011,185.26,899.6
Nov 202011,193.36,846.1
Oct 202011,004.56,776.7
Sep 202011,162.96,720.4
Aug 202011,077.36,649.4
Jul 202010,950.76,585.0
Jun 202010,863.36,530.0
May 202010,710.66,440.9
Apr 202010,777.06,407.7
Mar 202010,922.96,473.7
Feb 202010,739.06,415.9
Jan 202010,772.26,452.9
Dec 201910,844.86,448.8
Nov 201910,609.56,457.3
Oct 201910,698.06,480.2
Sep 201910,799.46,497.3
Aug 201910,699.46,492.6
Jul 201910,830.16,471.8
Jun 201910,649.46,400.3
May 201910,493.46,372.8
Apr 201910,627.16,364.2
Mar 201910,505.56,318.4
Feb 201910,548.66,336.1
Jan 201910,639.26,352.1
Dec 201810,711.26,391.5
Nov 201810,736.06,405.2
Oct 201810,865.36,432.7
Sep 201810,785.86,439.4
Aug 201810,853.86,451.8
Jul 201810,970.96,432.0
Jun 201810,862.46,353.2
May 201810,829.76,310.9
Apr 201810,801.86,285.2
Mar 201810,691.06,225.7
Feb 201810,815.56,263.5
Jan 201810,858.86,247.2
Dec 201710,792.66,269.0
Nov 201710,780.06,244.6
Oct 201710,903.86,262.4
Sep 201710,950.76,256.9
Aug 201711,024.36,280.4
Jul 201711,057.06,252.0
Jun 201710,867.46,171.8
May 201710,884.46,119.5
Apr 201710,859.26,083.0
Mar 201710,760.85,988.2
Feb 201710,789.76,001.1
Jan 201710,764.85,988.4
Dec 201610,691.45,995.6
Nov 201610,657.05,984.8
Oct 201610,660.55,956.8
Sep 201610,677.65,976.5
Aug 201610,681.95,985.7
Jul 201610,762.85,985.2
Jun 201610,595.15,922.9
May 201610,580.75,866.8
Apr 201610,435.55,799.2
Mar 201610,516.55,777.7
Feb 201610,360.65,718.9
Jan 201610,353.95,716.3
Dec 201510,186.25,701.2
Nov 201510,082.85,681.8
Oct 20159,969.65,638.4
Sep 20159,952.55,630.8
Aug 20159,871.55,619.2
Jul 20159,769.55,568.3
Jun 20159,494.15,475.4
May 20159,411.35,433.9
Apr 20159,289.75,375.8
Mar 20159,159.85,328.9
Feb 20159,161.35,309.1
Jan 20159,117.85,304.6
Dec 20149,118.95,332.6
Nov 20149,071.55,319.8
Oct 20149,105.45,337.7
Sep 20149,136.45,345.6
Aug 20149,160.95,339.9
Jul 20149,024.75,278.0
Jun 20148,763.25,204.8
May 20148,661.95,160.3
Apr 20148,495.15,106.2
Mar 20148,179.74,995.0
Feb 20148,099.94,977.9
Jan 20148,053.64,957.3
Dec 20137,967.54,951.4
Nov 20137,780.24,906.4
Oct 20137,696.34,879.3
Sep 20137,706.54,899.3
Aug 20137,598.94,896.1
Jul 20137,536.64,857.4
Jun 20137,344.94,803.5
May 20137,295.24,764.0
Apr 20137,263.54,739.0
Mar 20137,068.14,693.0
Feb 20137,096.74,665.2
Jan 20137,047.24,666.1
Dec 20127,101.14,697.5
Nov 20126,983.34,708.2
Oct 20127,022.74,704.3
Sep 20126,981.64,737.9
Aug 20127,017.34,754.8
Jul 20126,992.84,749.2
Jun 20126,944.44,731.0
May 20126,882.34,685.0
Apr 20126,768.84,670.0
Mar 20126,572.24,616.9
Feb 20126,617.54,603.3
Jan 20126,662.34,615.9
Dec 20116,615.34,647.5
Nov 20116,587.14,667.3
Oct 20116,614.94,664.9
Sep 20116,684.94,717.0
Aug 20116,674.64,728.8
Jul 20116,695.94,725.9
Jun 20116,471.04,667.2
May 20116,444.24,659.3
Apr 20116,654.04,680.1
Mar 20116,497.84,608.6
Feb 20116,455.64,629.9
Jan 20116,518.04,654.6
Dec 20106,458.54,693.6
Nov 20106,389.14,702.2
Oct 20106,476.14,758.7
Sep 20106,565.84,812.4
Aug 20106,578.34,824.8
Jul 20106,626.44,825.0
Jun 20106,440.14,776.7
May 20106,377.24,753.2
Apr 20106,382.24,730.4
Mar 20106,348.04,670.6
Feb 20106,309.14,670.9
Jan 20106,331.14,659.3
Dec 20096,113.74,676.3
Nov 20096,039.44,645.8
Oct 20096,083.44,630.2
Sep 20096,054.44,599.3
Aug 20095,931.64,563.5
Jul 20095,880.04,518.9
Jun 20095,739.74,439.3
May 20095,658.14,396.0
Apr 20095,553.14,336.1
Mar 20095,596.44,297.1
Feb 20095,654.84,324.0
Jan 20095,728.34,374.5
Dec 20085,746.24,478.0
Nov 20085,854.04,547.4
Oct 20086,043.14,678.9
Sep 20086,257.84,775.8
Aug 20086,376.34,899.2
Jul 20086,569.65,003.6
Jun 20086,565.95,058.8
May 20086,680.55,126.6
Apr 20086,662.05,095.5
Mar 20086,645.25,087.0
Feb 20086,692.75,124.3
Jan 20086,758.25,168.7
Dec 20076,744.65,263.7
Nov 20076,736.75,271.9
Oct 20076,757.45,274.7
Sep 20076,754.15,287.0
Aug 20076,736.95,280.2
Jul 20076,692.55,249.7
Jun 20076,472.25,184.5
May 20076,399.05,128.4
Apr 20076,310.35,070.3
Mar 20076,189.74,969.9
Feb 20076,128.64,931.7
Jan 20076,058.04,917.7
Dec 20065,986.44,919.4
Nov 20065,857.84,858.9
Oct 20065,864.64,834.0
Sep 20065,829.04,805.9
Aug 20065,810.04,786.3
Jul 20065,746.24,746.5
Jun 20065,690.44,679.2
May 20065,603.84,635.2
Apr 20065,555.94,591.7
Mar 20065,463.24,494.1
Feb 20065,411.94,457.9
Jan 20065,428.54,450.6
Dec 20055,395.24,457.3
Nov 20055,354.14,433.0
Oct 20055,302.94,419.9
Sep 20055,362.24,428.7
Aug 20055,386.14,435.6
Jul 20055,383.84,417.7
Jun 20055,339.24,361.5
May 20055,334.34,327.2
Apr 20055,327.14,281.2
Mar 20055,234.24,221.2
Feb 20055,235.64,186.8
Jan 20055,260.54,190.8
Dec 20045,209.84,193.7
Nov 20045,312.44,224.6
Oct 20045,257.44,230.3
Sep 20045,299.24,199.3
Aug 20045,315.14,207.8
Jul 20045,293.44,159.9
Jun 20045,209.24,072.6
May 20045,145.24,002.3
Apr 20045,112.03,954.4
Mar 20045,009.33,782.8
Feb 20044,974.93,774.3
Jan 20044,953.43,810.9
Dec 20034,910.83,788.4
Nov 20034,878.73,715.2
Oct 20034,857.33,757.4
Sep 20034,818.63,692.7
Aug 20034,813.93,704.0
Jul 20034,839.13,639.2
Jun 20034,729.03,577.3
May 20034,766.23,568.8
Apr 20034,706.73,594.2
Mar 20034,652.83,509.8
Feb 20034,673.03,436.6
Jan 20034,688.83,473.2
Dec 20024,604.53,498.5
Nov 20024,583.83,385.9
Oct 20024,506.13,352.1
Sep 20024,459.83,326.8
Aug 20024,421.03,248.0
Jul 20024,326.63,177.6
Jun 20024,210.73,152.3
May 20024,137.53,028.5
Apr 20024,033.62,952.5
Mar 20023,909.92,913.0
Feb 20023,859.02,814.6
Jan 20023,844.02,716.0
Dec 20013,795.42,725.5
Nov 20013,784.62,725.5
Oct 20013,761.42,725.5
Sep 20013,730.42,781.3
Aug 20013,726.12,781.3
Jul 20013,646.72,781.3
Jun 20013,593.32,684.7
May 20013,557.02,684.7
Apr 20013,459.92,684.7
Mar 20013,416.32,591.2
Feb 20013,389.92,591.2
Jan 20013,384.72,591.2
Dec 20003,338.02,604.8
Nov 20003,342.22,604.8
Oct 20003,296.02,604.8
Sep 20003,334.22,529.3
Aug 20003,333.52,529.3
Jul 20003,309.62,529.3
Jun 20003,248.82,482.5
May 20003,188.22,482.5
Apr 20003,183.82,482.5
Mar 20003,039.32,354.3
Feb 20003,003.62,354.3
Jan 20002,951.62,354.3
Dec 19992,895.22,295.4
Nov 19992,847.12,295.4
Oct 19992,783.92,295.4
Sep 19992,775.12,238.1
Aug 19992,701.52,238.1
Jul 19992,648.82,238.1
Jun 19992,564.82,114.3
May 19992,517.22,114.3
Apr 19992,481.12,114.3
Mar 19992,430.82,028.3
Feb 19992,382.72,028.3
Jan 19992,392.22,028.3
Dec 19982,371.62,016.2
Nov 19982,359.72,016.2
Oct 19982,357.92,016.2
Sep 19982,367.72,025.3
Aug 19982,355.62,025.3
Jul 19982,362.22,025.3
Jun 19982,328.81,940.7
May 19982,287.71,940.7
Apr 19982,292.51,940.7
Mar 19982,239.21,842.6
Feb 19982,194.21,842.6
Jan 19982,216.11,842.6
Dec 19972,192.31,797.4
Nov 19972,150.91,797.4
Oct 19972,125.71,797.4
Sep 19972,131.61,811.0
Aug 19972,085.01,811.0
Jul 19972,085.21,811.0
Jun 19972,019.61,723.4
May 19972,004.01,723.4
Apr 19971,948.41,723.4
Mar 19971,914.21,688.7
Feb 19971,891.71,688.7
Jan 19971,880.01,688.7
Dec 19961,842.71,666.1
Nov 19961,815.71,666.1
Oct 19961,799.51,666.1
Sep 19961,805.11,637.4
Aug 19961,789.31,637.4
Jul 19961,783.51,637.4
Jun 19961,768.51,575.5
May 19961,747.61,575.5
Apr 19961,737.51,575.5
Mar 19961,713.11,574.0
Feb 19961,722.11,574.0
Jan 19961,705.21,574.0
Dec 19951,701.51,551.4
Nov 19951,677.51,551.4
Oct 19951,681.71,551.4
Sep 19951,696.21,572.5
Aug 19951,709.51,572.5
Jul 19951,719.81,572.5
Jun 19951,711.21,559.0
May 19951,707.31,559.0
Apr 19951,685.21,559.0
Mar 19951,672.51,542.3
Feb 19951,647.21,542.3
Jan 19951,684.71,542.3
Dec 19941,604.81,555.9
Nov 19941,604.81,555.9
Oct 19941,604.81,555.9
Sep 19941,658.71,566.5
Aug 19941,658.71,566.5
Jul 19941,658.71,566.5
Jun 19941,652.51,540.8
May 19941,652.51,540.8
Apr 19941,652.51,540.8
Mar 19941,531.01,519.7
Feb 19941,531.01,519.7
Jan 19941,531.01,519.7
Dec 19931,518.71,503.1
Nov 19931,518.71,503.1
Oct 19931,518.71,503.1
Sep 19931,544.81,531.8
Aug 19931,544.81,531.8
Jul 19931,544.81,531.8
Jun 19931,560.21,500.1
May 19931,560.21,500.1
Apr 19931,560.21,500.1
Mar 19931,529.41,488.0
Feb 19931,529.41,488.0
Jan 19931,529.41,488.0
Dec 19921,466.31,480.5
Nov 19921,466.31,480.5
Oct 19921,466.31,480.5
Sep 19921,523.31,539.3
Aug 19921,523.31,539.3
Jul 19921,523.31,539.3
Jun 19921,527.91,534.8
May 19921,527.91,534.8
Apr 19921,527.91,534.8
Mar 19921,661.11,572.0
Feb 19921,661.11,572.0
Jan 19921,661.11,572.0
Dec 19911,661.11,597.9
Nov 19911,661.11,597.9
Oct 19911,661.11,597.9
Sep 19911,718.01,612.5
Aug 19911,718.01,612.5
Jul 19911,718.01,612.5
Jun 19911,702.01,581.8
May 19911,702.01,581.8
Apr 19911,702.01,581.8
Mar 19911,739.31,588.2
Feb 19911,739.31,588.2
Jan 19911,739.31,588.2
Dec 19901,716.21,610.9
Nov 19901,716.21,610.9
Oct 19901,716.21,610.9
Sep 19901,838.81,635.2
Aug 19901,838.81,635.2
Jul 19901,838.81,635.2
Jun 19901,750.01,606.0
May 19901,750.01,606.0
Apr 19901,750.01,606.0
Mar 19901,808.61,620.6
Feb 19901,808.61,620.6
Jan 19901,808.61,620.6
Dec 19891,774.11,656.3
Nov 19891,774.11,656.3
Oct 19891,774.11,656.3
Sep 19891,827.61,688.8
Aug 19891,827.61,688.8
Jul 19891,827.61,688.8
Jun 19891,854.31,632.0
May 19891,854.31,632.0
Apr 19891,854.31,632.0
Mar 19891,765.21,575.1
Feb 19891,765.21,575.1
Jan 19891,765.21,575.1
Dec 19881,845.41,542.6
Nov 19881,845.41,542.6
Oct 19881,845.41,542.6
Sep 19881,720.61,453.3
Aug 19881,720.61,453.3
Jul 19881,720.61,453.3
Jun 19881,604.71,282.8
May 19881,604.71,282.8
Apr 19881,604.71,282.8
Mar 19881,524.51,209.8
Feb 19881,524.51,209.8
Jan 19881,524.51,209.8
Dec 19871,479.91,161.0
Nov 19871,479.91,161.0
Oct 19871,479.91,161.0
Sep 19871,371.51,096.1
Aug 19871,371.51,096.1
Jul 19871,371.51,096.1
Jun 19871,285.81,045.3
May 19871,285.81,045.3
Apr 19871,285.81,045.3
Mar 19871,217.21,000.1
Feb 19871,217.21,000.1
Jan 19871,217.21,000.1
Dec 19861,188.6971.8
Nov 19861,188.6971.8
Oct 19861,188.6971.8
Sep 19861,108.6943.6
Aug 19861,108.6943.6
Jul 19861,108.6943.6
Jun 19861,062.9904.0
May 19861,062.9904.0
Apr 19861,062.9904.0
Mar 1986982.9864.5
Feb 1986982.9864.5
Jan 1986982.9864.5
Dec 1985948.6847.5
Nov 1985948.6847.5
Oct 1985948.6847.5
Sep 1985897.2819.3
Aug 1985897.2819.3
Jul 1985897.2819.3
Jun 1985880.0802.3
May 1985880.0802.3
Apr 1985880.0802.3
Mar 1985811.5774.1
Feb 1985811.5774.1
Jan 1985811.5774.1
Dec 1984817.2774.1
Nov 1984817.2774.1
Oct 1984817.2774.1
Sep 1984800.0762.8
Aug 1984800.0762.8
Jul 1984800.0762.8
Jun 1984782.9734.5
May 1984782.9734.5
Apr 1984782.9734.5
Mar 1984714.3711.9
Feb 1984714.3711.9
Jan 1984714.3711.9
Dec 1983702.9706.3
Nov 1983702.9706.3
Oct 1983702.9706.3
Sep 1983685.8700.6
Aug 1983685.8700.6
Jul 1983685.8700.6
Jun 1983657.2672.4
May 1983657.2672.4
Apr 1983657.2672.4
Mar 1983640.0649.8
Feb 1983640.0649.8
Jan 1983640.0649.8
Dec 1982628.6631.1
Nov 1982628.6631.1
Oct 1982628.6631.1
Sep 1982608.6622.1
Aug 1982608.6622.1
Jul 1982608.6622.1
Jun 1982597.7606.8
May 1982597.7606.8
Apr 1982597.7606.8
Mar 1982556.0581.4
Feb 1982556.0581.4
Jan 1982556.0581.4
Dec 1981597.7596.1
Nov 1981597.7596.1
Oct 1981597.7596.1
Sep 1981594.3607.9
Aug 1981594.3607.9
Jul 1981594.3607.9
Jun 1981600.0598.3
May 1981600.0598.3
Apr 1981600.0598.3
Mar 1981562.9582.5
Feb 1981562.9582.5
Jan 1981562.9582.5
Dec 1980586.9581.4
Nov 1980586.9581.4
Oct 1980586.9581.4
Sep 1980576.0580.3
Aug 1980576.0580.3
Jul 1980576.0580.3
Jun 1980572.0557.7
May 1980572.0557.7
Apr 1980572.0557.7
Mar 1980544.0536.2
Feb 1980544.0536.2
Jan 1980544.0536.2
Dec 1979514.3515.9
Nov 1979514.3515.9
Oct 1979514.3515.9
Sep 1979482.3483.7
Aug 1979482.3483.7
Jul 1979482.3483.7
Jun 1979455.5449.2
May 1979455.5449.2
Apr 1979455.5449.2
Mar 1979427.4417.0
Feb 1979427.4417.0
Jan 1979427.4417.0
Dec 1978380.0396.1
Nov 1978380.0396.1
Oct 1978380.0396.1
Sep 1978361.7370.1
Aug 1978361.7370.1
Jul 1978361.7370.1
Jun 1978346.9345.8
May 1978346.9345.8
Apr 1978346.9345.8
Mar 1978317.2330.0
Feb 1978317.2330.0
Jan 1978317.2330.0
Dec 1977301.7322.6
Nov 1977301.7322.6
Oct 1977301.7322.6
Sep 1977298.3313.0
Aug 1977298.3313.0
Jul 1977298.3313.0
Jun 1977280.6304.0
May 1977280.6304.0
Apr 1977280.6304.0
Mar 1977290.9299.5
Feb 1977290.9299.5
Jan 1977290.9299.5
Dec 1976282.3297.2
Nov 1976282.3297.2
Oct 1976282.3297.2
Sep 1976273.7292.7
Aug 1976273.7292.7
Jul 1976273.7292.7
Jun 1976274.9285.9
May 1976274.9285.9
Apr 1976274.9285.9
Mar 1976264.6278.6
Feb 1976264.6278.6
Jan 1976264.6278.6
Dec 1975256.0272.9
Nov 1975256.0272.9
Oct 1975256.0272.9
Sep 1975265.2270.1
Aug 1975265.2270.1
Jul 1975265.2270.1
Jun 1975258.3262.2
May 1975258.3262.2
Apr 1975258.3262.2
Mar 1975243.4255.4
Feb 1975243.4255.4
Jan 1975243.4255.4
Dec 1974254.3254.2
Nov 1974254.3254.2
Oct 1974254.3254.2
Sep 1974244.6250.9
Aug 1974244.6250.9
Jul 1974244.6250.9
Jun 1974245.7248.6
May 1974245.7248.6
Apr 1974245.7248.6
Mar 1974254.9248.1
Feb 1974254.9248.1
Jan 1974254.9248.1
Dec 1973246.3244.6
Nov 1973246.3244.6
Oct 1973246.3244.6
Sep 1973253.7241.8
Aug 1973253.7241.8
Jul 1973253.7241.8
Jun 1973241.7226.6
May 1973241.7226.6
Apr 1973241.7226.6
Mar 1973238.3215.8
Feb 1973238.3215.8
Jan 1973238.3215.8
Dec 1972227.4193.8
Nov 1972227.4193.8
Oct 1972227.4193.8
Sep 1972202.3180.8
Aug 1972202.3180.8
Jul 1972202.3180.8
Jun 1972178.3157.1
May 1972178.3157.1
Apr 1972178.3157.1
Mar 1972159.4143.5
Feb 1972159.4143.5
Jan 1972159.4143.5
Dec 1971142.9135.0
Nov 1971142.9135.0
Oct 1971142.9135.0
Sep 1971134.9129.4
Aug 1971134.9129.4
Jul 1971134.9129.4
Jun 1971129.2122.0
May 1971129.2122.0
Apr 1971129.2122.0
Mar 1971121.7118.7
Feb 1971121.7118.7
Jan 1971121.7118.7
Dec 1970118.9115.8
Nov 1970118.9115.8
Oct 1970118.9115.8
Sep 1970117.7115.8
Aug 1970117.7115.8
Jul 1970117.7115.8
Jun 1970109.7110.8
May 1970109.7110.8
Apr 1970109.7110.8
Mar 1970112.0109.1
Feb 1970112.0109.1
Jan 1970112.0109.1
Dec 1969104.6108.5
Nov 1969104.6108.5
Oct 1969104.6108.5
Sep 1969105.1107.3
Aug 1969105.1107.3
Jul 1969105.1107.3
Jun 1969101.7106.2
May 1969101.7106.2
Apr 1969101.7106.2
Mar 1969104.0104.5
Feb 1969104.0104.5
Jan 1969104.0104.5
Dec 1968100.6102.8
Nov 1968100.6102.8
Oct 1968100.6102.8
Sep 1968102.9103.4
Aug 1968102.9103.4
Jul 1968102.9103.4
Jun 1968100.0100.0
May 1968100.0100.0
Apr 1968100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
March 1974January 1975−4.5%103
September 1975October 1975−3.5%16
March 1977April 1977−3.5%13
December 1980January 1981−4.1%13
June 1981January 1982−7.3%76
December 1988January 1989−4.3%13
June 1989October 1992−20.9%4051
January 2008April 2009−17.8%1536
July 2017May 2019−5.1%2215
August 2022March 2026−6.1%43Not yet

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for London

Sale prices have an 80% chance of landing between £538,087 and £595,801 by August 2027.

Expected, August 2027
£566,944
Chance of a rise
71%

At the average sale price, a home costs £554,430. With 10% down and a 30-year mortgage, the payment is £2,558 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
33%
Payment, one income
66%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£2,338
Owning per month
£2,610

8.4% more homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
16,310
Per 1,000 residents
1.8

Figures for United Kingdom: London has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population fell by 25,911 while 16,070 homes were finished.

Homes finished, 2025
16,070
Population change, 2025
−25,911

7.3% of the 3,715,732 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
7.3%
Empty homes
272,170

In 2025, 12% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
12%