UK Property Market

London Property Market Report 2026: Key Findings for Buyers, Renters and Landlords

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UK Property News, part of the LIS Media Group and the publishing brand behind the National Landlord Investment Show, has launched a new London Property Market Report, produced in partnership with Zoopla and with analysis from UK Property News’ expert property data team, Kate Faulkner OBE and Nicole Bonner.

The in-depth analysis report explains quite simply why, as Tracey Hanbury, Co-Founder of UK Property News and the LIS Media Group, comments:

“There is no average property price, no average rent, no average London renter, and no average London tenant, landlord or property investor. Each is unique, with different opportunities and challenges.”

London house prices by borough

  • The average London sold price is around £545,000, but borough averages range from around £361,000 in Barking and Dagenham to more than £1.25 million in Kensington and Chelsea.
  • Average London property prices are around 3.7% lower than a year ago and remain around 5% below their 2022 peak.
  • Around 20 of London’s 32 boroughs still have average prices below their 2022 highs.

London rent versus buying 2026

Renting can currently be more financially accessible than buying in London, with Hamptons data showing renting was, on average, £728 per month cheaper than buying in May 2026.

London first-time buyer affordability

Buyers may need around a 40% deposit before buying becomes cheaper than renting in London, before additional upfront costs are considered.

London housing supply and affordability

London has added more than 664,502 homes since 2001/02, but current assessed housing need is around 84,884 homes a year.

Read the full London Property Market Report

Looking ahead

Our objective with this London Property Market Report 2026 and future reports is to provide the most accurate, insightful and reliable micro-analysis of the London property market, enabling everyone involved in property to make more informed, confident and smarter decisions.

We also welcome feedback on the data and analysis we use to help ensure future reports include the most useful information and insights possible. Please email press@uk-property-news.co.uk with any thoughts on this report or suggestions for topics you would like us to research in future editions.

Published by UK Property News, part of LIS Media Ltd, August 2026, in collaboration with Zoopla.

This report has been prepared using information and data believed to be accurate at the time of publication. The property market is dynamic, and economic conditions, legislation, government policy, market data and other factors may change after publication. Whilst every reasonable effort has been made to ensure the accuracy and reliability of the information presented, neither the publisher nor the contributors make any warranty or representation as to its completeness or ongoing accuracy and accept no liability for any loss or damage arising from reliance on its contents. This report is provided for general information purposes only and should not be regarded as financial, legal, tax or investment advice. Readers should obtain independent professional advice before making property or investment decisions.

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UK Property News Editorial Team
UK Property News is one of the UK’s leading independent property news and education publishers, on a mission to help people better understand the UK property market and make informed decisions with the right information. - Read more.

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