Property Prices in London, United Kingdom

Index Info
Price to Income Ratio: 15.98
Mortgage as Percentage of Income: 114.95%
Loan Affordability Index: 0.87
Price to Rent Ratio - City Centre: 27.11
Price to Rent Ratio - Outside of Centre: 23.39
Gross Rental Yield (City Centre): 3.69%
Gross Rental Yield (Outside of Centre): 4.28%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,035.28 £ 1,500.00-2,800.00
Apartment (1 bedroom) Outside of Centre 1,422.98 £ 1,075.00-1,800.00
Apartment (3 bedrooms) in City Centre 3,785.35 £ 2,500.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 2,491.50 £ 1,800.00-3,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,135.24 £ 882.57-1,779.99
Price per Square Feet to Buy Apartment Outside of Centre 666.41 £ 464.51-929.02
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,033.48 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.87 2.00-5.77

These data are based on 578 entries in the past 18 months from 127 different contributors.
Last update: March 2023

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?