🇬🇧 UK · Greater London
London.
Where the housing market sits.
UK headline market — globally watched, post-Brexit recalibration, and one of the largest renter populations of any major Western city.
Updated 20h ago
Latest data: 2026-02-01
HM Land Registry London · BoE · ONS ASHE
London sits in Expensive Stagnation — unaffordable and stalled. Affordability scores 26/100 and momentum 1/100.
City gauges
Affordability
26
Stressed — lower quartile
0 · Most expensive100 · Most affordable
- Median price (GBP)
- £542,304City-level median home price, source-specific (see below).
- Median household income (GBP)
- £56,000Most recent published metro-level median household income.
- Mortgage payment burden
- 54.3%30-year amortized payment at current rates as a share of median household income.
Momentum
1
Extreme — bottom decile
0 · Cooling/declining100 · Running hot
- Year-over-year price change
- -3.4%Latest available city-level YoY HPI delta.
- Months of supply
- —Not yet sourced for this market — see methodology.
- Days on market
- —Not yet sourced for this market — see methodology.
Regime · What the gauges say together
Expensive stagnation
Unaffordable and prices not rising in real terms.
Unaffordable, but no longer rising.
Context
| Real price growth (3-mo annualized) | -9.96% |
| Headline mortgage rate | 5.75% |
| CPI year-over-year | 3.45% |
| Leading equity indicators (homebuilders/REITs) | -21.2% avg vs 200-day MA · breadth 0/4 |
Data sources for London
- Nationwide HPI London component
- Halifax regional HPI
- Rightmove asking-price index
- ONS UK HPI London
Full source documentation on /data-sources.
Other cities in United Kingdom