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The most recent median property price in central London is around £913,000 as of May 2025, indicating a mild increase compared to similar months in previous years. This represents approximately a 5% YoY increase from median prices observed in mid-2024, showing gradual growth in property values within this prime location despite some monthly volatility.
Median house prices vary significantly by property type, with detached houses commanding the highest median price at around £3.25 million as of October 2024, followed by terraced houses at about £2.25 million. Flats typically have median prices around £847,000 in recent months, reflecting their dominant market presence. Over the past year, prices for flats and terraced houses have increased approximately 4-6% YoY, while detached house prices remain relatively stable, signaling sustained demand for all property types in central London.