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The most recent median price in the City of London as of May 2025 is £675,000, reflecting a notable decrease from the £1,800,000 median recorded in May 2024. This decrease represents a substantial YoY decline, indicating a softening of prices, likely influenced by market conditions and buyer sentiment changes over the past year.
Median prices for flats, the only property type with recorded sales, range from £675,000 to £1,800,000 over the last year, showing significant volatility but an overall downward trend in the past 12 months. There are no recorded sales for detached, semi-detached, or terraced houses in the past year, suggesting flats dominate the City of London market with prices currently softening YoY.