London, United Kingdom
Property prices · 2025 · Europe · Price +4% vs 2024
Property price trend in London (2024–2026)
Property comparison — cities in United Kingdom (2025)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs London |
|---|---|---|---|---|
| London | GBP 13,000 | GBP 7,488 | GBP 2,288 | — |
| Edinburgh | GBP 5,382 | GBP 3,312 | GBP 1,449 | -58.6% |
| Bristol | GBP 4,968 | GBP 3,105 | GBP 1,397 | -61.8% |
| Manchester | GBP 4,658 | GBP 2,898 | GBP 1,346 | -64.2% |
| Birmingham | GBP 3,933 | GBP 2,484 | GBP 1,138 | -69.7% |
| Leeds | GBP 3,312 | GBP 2,070 | GBP 1,035 | -74.5% |
Other Europe cities (2025)
Frequently asked questions
How much does property cost in London in 2025?
In London, the average price per sqm in the city centre is GBP 13,000, and GBP 7,488 outside the centre (2025 data). Prices have risen 7% since 2024.
How much is rent in London in 2025?
A 1-bedroom apartment in London rents for approximately GBP 2,288 per month in 2025. A 3-bedroom apartment costs around GBP 3,640/month.
Is it better to buy or rent in London?
Renting is generally more cost-effective in London. The price-to-rent ratio is 25.0x — it would take approximately 25.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 4.50%.
What are mortgage rates in United Kingdom in 2025?
The average mortgage rate in United Kingdom is approximately 4.50% as of 2025. With a price-to-rent ratio of 25.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in London changed?
Property prices in London have changed +4% vs 2024. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.
What is the price per sqm in London?
The average property price per square metre in London city centre is GBP 13,000 in 2025. Outside the centre, expect to pay around GBP 7,488/sqm.