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Evening Standard
Evening Standard
Vicky Shaw

Average cost of a London home drops by 0.5 per cent while UK price growth is on the rise

Office for National Statistics Inflation Sarah Coles Bank of England Hargreaves Lansdown PA Graphics the Office for National Statistics United Kingdom
The average cost of a home in London is now £526,000 - (Juliet Murphy)

The average cost of a London home fell by 0.5 per cent in September to £526,000, according to official figures.

Across the UK, house price growth accelerated to 2.9 per cent in the year to September 2024 — taking the average cost of a UK home to £292,000.

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