Prime office rental costs in London 1st quarter 2018, by area (in GBP per square foot)

Real estate prime office rents in London Q1 2018 This statistic displays the most expensive areas for prime office rents in London in the first quarter of 2018. It can be seen that Mayfair & St James's was the most expensive area in London for prime office rents as of the first quarter of 2018, with prices reaching 110 British pounds (GBP) per square foot. Prime office rents on the outer areas of Central London faired better for rental costs with White chapel, Camden, Stratford, Canary Wharf and Docklands all coming in at 50 British pounds per square foot or less as of the first quarter 2018.
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Areas of LondonGBP per square foot
Mayfair & St James110
North of Oxford Street92.5
Soho & Covent Garden87.5
Knightsbridge87.5
Victoria77.5
King's Cross77.5
Euston & Marylebone75
Paddington70
Bloomsbury68.5
City Core67.5
Midtown67.5
Clerkenwell/ Shoreditch66
Southbank66
Kensington60
Hammersmith57.5
Aldgate & Whitechapel57.5
White City50
Canary Wharf42.5
Stratford42.5
Camden40
Docklands30
Areas of LondonGBP per square foot
Mayfair & St James110
North of Oxford Street92.5
Soho & Covent Garden87.5
Knightsbridge87.5
Victoria77.5
King's Cross77.5
Euston & Marylebone75
Paddington70
Bloomsbury68.5
City Core67.5
Midtown67.5
Clerkenwell/ Shoreditch66
Southbank66
Kensington60
Hammersmith57.5
Aldgate & Whitechapel57.5
White City50
Canary Wharf42.5
Stratford42.5
Camden40
Docklands30
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Description Source More information
This statistic displays the most expensive areas for prime office rents in London in the first quarter of 2018. It can be seen that Mayfair & St James's was the most expensive area in London for prime office rents as of the first quarter of 2018, with prices reaching 110 British pounds (GBP) per square foot. Prime office rents on the outer areas of Central London faired better for rental costs with White chapel, Camden, Stratford, Canary Wharf and Docklands all coming in at 50 British pounds per square foot or less as of the first quarter 2018.
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Release date
February 2018
Region
United Kingdom (England)
Survey time period
1st quarter 2018
Supplementary notes
The source does not specify whether prices per square foot are annual or monthly.

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