London Property Market Update - December

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Dec 9 - 2021

You can now login to find data up to the end of November 2021

A quick note of thanks to all our contributing Estate Agents. They are committed to the principle of a more open and transparent market and without them and their data, this wouldn't be possible.

Below are our latest heatmaps showing how much the sale and rental markets have changed over the past 3 months:

Average sale price change between 01 September 2021 and 30 November 2021
Average sale price change between 01 September 2021 and 30 November 2021

The sales market remains positive across the board, strongly so in some parts of the outskirts and sharply in some areas of Central London.

Average rental price change between 01 September 2021 and 30 November 2021
Average rental price change between 01 September 2021 and 30 November 2021

The rental market has been recovering sharply since the summer and the past three months have been no different. In Prime Central London, rental prices continue to bounce back while most other areas remain mildly positive.

The recent rental price boom in with a wider lens

These recent price spikes in Central London are the recovery from a very deep drop in prices over the pandemic.
We can easily see which areas are still in negative territory by looking at a 2 year change on our map.
Aside from around the City of London, most have made back losses and of course we have covered previously the growth in rental prices experienced by many areas on the outskirts over the pandemic.

Average rental price change over 2 years (01 December 2019 - 30 November 2021)
Average rental price change over 2 years (01 December 2019 - 30 November 2021)

As always, these numbers are area averages. If you want to see how the market for your property has changed, or to explore the map, log in at www.bricksandlogic.com.

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.

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