Apartment Size |
May | vs Last Month |
---|---|---|
Studio apartments | £636,355 | +27.1% |
1-bed apartments | £487,594 | +6.5% |
2-bed apartments | £705,745 | -1.2% |
3-bed apartments | £1,019,913 | +7.3% |
4+ bed apartments | £2,313,454 | +10.6% |
During May 2023, the average price for an apartment in/near London, UK increased by 9.3% to £1,121,305.
Knowing the current property prices is key if you plan to buy a studio in London, UK. The average price for a studio has increased since the last month, currently being £636,355. After collecting all data points, we now see that the average price for 1-bed apartment increased by 6.5% to £487,594. Asking price for 2-bed apartment also decreased by 1.2% and a place of this size will now cost you £705,745. A 3-bed apartment goes for £1,019,913, it increased by 7.3% lately. We discerned the rise of 4- and more bed apartment price. It increased by 10.6% and made it up to £2,313,454.
Listing Type |
May | vs Last Month |
---|---|---|
Townhouses for sale | £778,750 | +0.9% |
Houses for sale | £1,478,990 | +11.1% |
Apartments for sale | £799,771 | +5.1% |
Lofts for sale | £454,882 | -2.2% |
The average cost of an apartment in London, UK rised by 5.1% to £799,771. Price reports demonstrate that house price increased by 11.1% this month making it up to £1,478,990. The price dynamics of lofts changed, it decreased by 2.2%, the price tag now starts at £454,882. The property value of townhouses increased by 0.9%, you’ll have to spend around £778,750 to get one.