New residential properties price in London 2012-2015

This statistic shows the average price of new residential properties in Greater London (United Kingdom) from the second quarter of 2012 to the fourth quarter of 2015, according to the Halifax house price index. In the fourth quarter of 2014, the average price of a new residential property in Greater London was 409.3 thousand British pounds (GBP). The price grew to the level of 488.2 thousand GBP by the fourth quarter of 2015.

Average price of new residential properties in London from 2nd quarter 2012 to 4th quarter 2015 (in GBP)

Characteristic	Average price in GBP
Q4 2015	488,554
Q3 2015	469,804
Q2 2015	432,251
Q1 2015	471,650
Q4 2014	409,271
Q3 2014	427,707
Q2 2014	416,685
Q4 2013	383,621
Q3 2013	341,740
Q2 2013	399,297
Q4 2012	319,380
Q3 2012	347,207
Q2 2012	287,406

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Release date

March 2016

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Region

United Kingdom (England)

Survey time period

2nd quarter 2012 to 4th quarter 2015

Supplementary notes

This statistic includes the following residential property types from the primary housing market: terraced, semi-detached, detached, bungalows, and flats and maisonettes.

The source doesn't provide information about first quarters of 2013 and 2014.
Prices shown are arithmetic average prices of houses on which an offer of mortgage has been granted. These prices are not standardised and therefore can be affected by changes in the sample from quarter to quarter.

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