Property Prices in London, United Kingdom

Index Info
Price to Income Ratio: 17.46
Mortgage as Percentage of Income: 112.28%
Loan Affordability Index: 0.89
Price to Rent Ratio - City Centre: 33.75
Price to Rent Ratio - Outside of Centre: 23.51
Gross Rental Yield (City Centre): 2.96%
Gross Rental Yield (Outside of Centre): 4.25%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,778.61 £ 1,300.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,292.94 £ 1,000.00-1,650.00
Apartment (3 bedrooms) in City Centre 3,318.78 £ 2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,156.95 £ 1,750.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,236.76 £ 789.67-1,779.99
Price per Square Feet to Buy Apartment Outside of Centre 595.87 £ 464.51-899.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,825.19 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.62 1.59-3.86

These data are based on 509 entries in the past 18 months from 93 different contributors.
Last update: June 2022

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?