Simple average house price for dwellings in London from 2000 to 2018, by type of buyer
(in GBP)
Dwellings: Simple average house price in London 2000-2018, by buyer
This statistic illustrates the price of new dwelling units in London, the United Kingdom (UK) from 2000 to 2018, by type of buyer. It can be seen that the simple average house price for former owner occupiers increased overall during the period under observation, reaching a value of 692 thousand British pounds in 2019. The lowest value for average house price for former owner occupiers since 2008 was found in 2009, when an average price of 413 thousand British pounds of dwellings was recorded. Simple average house prices for both first time buyers and former owner occupiers in London have increased by more than 3 fold between 2000 and 2018. The simple average house price for first time buyers in 2018 was 429 thousand British pounds.
Simple average house price for dwellings in London from 2000 to 2018, by type of buyer
(in GBP)
First time buyersFormer owner occupiers
2018429,000692,000
2017422,000681,000
2016414,000685,000
2015383,000657,000
2014364,000588,000
2013333,000530,000
2012 318,000493,000
2011 304,000485,000
2010 293,000463,000
2009 254,000413,000
2008 263,000421,000
2007 259,000408,000
2006 237,000362,000
2005 216,000316,000
2004 204,000299,000
2003 175,000272,000
2002 170,000230,000
2001 141,000222,000
2000 125,000206,000
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Source

Release date

July 2019

Region

United Kingdom

Survey time period

2000 to 2018

Supplementary notes

Prices rounded to the nearest 1,000s GBP.

Dwellings: Simple average house price in London 2000-2018, by buyer
This statistic illustrates the price of new dwelling units in London, the United Kingdom (UK) from 2000 to 2018, by type of buyer. It can be seen that the simple average house price for former owner occupiers increased overall during the period under observation, reaching a value of 692 thousand British pounds in 2019. The lowest value for average house price for former owner occupiers since 2008 was found in 2009, when an average price of 413 thousand British pounds of dwellings was recorded. Simple average house prices for both first time buyers and former owner occupiers in London have increased by more than 3 fold between 2000 and 2018. The simple average house price for first time buyers in 2018 was 429 thousand British pounds.
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Statistics on "Residential property market in London (UK)"
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