Property Prices in London, United Kingdom

Index Info
Price to Income Ratio: 13.55
Mortgage as Percentage of Income: 86.47%
Loan Affordability Index: 1.16
Price to Rent Ratio - City Centre: 29.55
Price to Rent Ratio - Outside of Centre: 20.88
Gross Rental Yield (City Centre): 3.38%
Gross Rental Yield (Outside of Centre): 4.79%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,671.00 £ 1,300.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,265.36 £ 1,000.00-1,600.00
Apartment (3 bedrooms) in City Centre 3,291.43 £ 2,300.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,086.62 £ 1,700.00-2,800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,043.37 £ 743.22-1,486.44
Price per Square Feet to Buy Apartment Outside of Centre 515.27 £ 400.00-699.99
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,096.28 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.54 1.99-3.99

These data are based on 614 entries in the past 18 months from 142 different contributors.
Last update: June 2021

Sources and References
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3 Comments so far
Mark on Jun 20, 2021:
What is considered city center in large cities like London? Zone 1, Congestion charge zone?
julien on Jul 23, 2020:
Hello,
Well done for the quality of your site.
In the real estate market in particular, what are your sources of data in such a large universe?
The changes that I can introduce in a real estate price for example, might they not have a strong influence?

cordially
Susan Tikalsky on Aug 01, 2019:
What of suburban/metropolitan area near churches, or other areas near facilities for our elderly and disabled?