London Property Market Update - July

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Jul 14 - 2022

Our July update contains data up to the 30th June 2022

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

Average sale price change between 31 March 2022 and 30 June 2022

The average sale increase across the city over the previous three months was 2.1%, a smaller increase than last month. Furthermore, the very strong growth is now concentrated in the outskirts with many of the more central areas of the city showing little growth. This fits with anecdotal evidence that large parts of the market are cooling due to decreasing demand from buyers.

Average rental price change between 31 March 2022 and 30 June 2022

The average rental price across London has increased by 2.9% in the last three  months, again slightly down on last month's figures. In contrast to sale price changes, rental prices are up across all areas of the city.

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.