Rents up. Sale prices down.
London’s private rents rose 3.0% over the year to July 2026, while house sale prices fell 3.3%. These are annual index changes across all property types—not the return on buying a home.
The trend picture follows annual percentage changes from July 2023 to July 2026. Matching the month lets us compare their direction, while keeping the two measures distinct.
London is not one price.
July’s average sale price ranged from £375,604 in Barking and Dagenham to £1,232,640 in Kensington and Chelsea, the lowest and highest published averages across the 32 boroughs and the City of London.
These are mix-adjusted estimates, not asking prices or a valuation of an individual home.
Rent has its own geography.
Average monthly private rent ranged from £1,534 in Bexley to £3,629 in Kensington and Chelsea across the 32 boroughs. Rents include new and existing tenancies; the source has no City of London series.
Make the comparison yours.
Choose a borough, choose the property type and match the month. Sale and rental releases arrive at different times, so comparing the same period matters.