London Property Market Update - August

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Aug 11 - 2022

Our August update contains data up to the 31st July 2022

Our latest heatmaps (below), show how much the sale and rental markets have changed over the past three months.

Average sale price change between 30 April 2022 and 31 July 2022

Across the city,  the average sale price increased by 1.7% over the past three months. July was the third consecutive month in which price growth decreased relative to the previous monthlending further weight to a continued cooling in the market. Most of the growth is now concentrated in the South, South West and to a lesser extent, the East, with many areas showing little to no growth.

Average rental price change between 30 April 2022 and 31 July 2022

Across London, the average rental price increased by 2.7% over the past three months. Most areas continue to show strong price growth.

As always, these numbers are area averages. Different types of properties in the same location can perform very differently to each other. If you want to see how the market for your property has changed, or to explore the map, press start now below.

Don't forget to add your property to your shortlist to receive regular updates on both price changes and new sales and lets posted in the area and see how they change the pricing for your property.