Central London

The Life of London

Area Guide For Central London

Central London is one of the most exciting places to be, with a vibrant mix of cultures, traditions and history all coming together. Major areas here include the City of London itself, a major part of Westminster and some parts of Islington, Camden, Hackney, Kensington and Chealsea among others. Important government offices and buildings are also located here along with most of the business sector, making it a popular destination for tourists, families and professionals alike. If you want to experience the heart of London, this is where you should look.





  • The Neighbors

    Densely populated area with expensive housing.

  • Ideal for

    People who can afford to live a luxurious life.

  • Deal Sealer

    Well-built and well-constructed flats and houses.

  • Not for

    People who prefer cheap housing.

  • You will Like

    Malls, businesses and places that you can visit.

Central London Map

Estimated Price: £1,303,438
Average Asking Price: £2,471,657
Price change in last one year: £144,406
Average Price Paid: £997,651
Average Rent Rates: £6,007


Property Prices Breakdown in Central London

Average Price for property in Central London is around £1,303,438 which varies based on type of property you are interested in and ranges from £3,742,849 for detached house to around £2,860,253 for semi-detached. Similarly terraced house is around £3,273,715 and a flat is worth £1,110,220. Values have been changing and have risen £12,675 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £23,578 in last 6 months, £144,406 in last 1 year, £258,361 in last 2 years, £309,719 in last 3 years, £316,314 in last 4 years and £328,160 in last 5 years.

Currently average asking price of a property in Central London is around £2,471,657 based on approximately 1,991 properties for sale. Same is the case with rental options based on 6,960 properties up for rent, average asking rent is around £6,007 per month.

Estimated property value in Central London is £1,303,438. Average asking price is £2,471,657 while average price paid is £1,273,906 which is up by £144,406 and Avg. asking rent £6,007.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Central London area. In last 1 year alone average price buyer paid is around £1,273,906 based on approximately 1,991 sales in Central London area alone. If you compare it to last 3 years sales of 6,923 properties where buyers paid around £1,151,410. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £997,651 for 11,720 and average amount paid for purchase of approx. 15,515 properties sold in last 7 years comes to about £925,510 per sale.


Properties For Sale in Central London


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £846,670, £1,616,715 for a 2 bedroom house, £3,917,268 for a 3 bedroom house, £6,113,927 for a 4 bedroom house and £6,855,930 for a 5 bedroom house. For a flat similarly the prices varies from £950,254 for a single bedroom to £1,759,197 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £3,281,786, £6,219,450 for a 4 bedroom flat and £13,414,703 for a 5 bedroom flat. To sum up the asking prices for properties in Central London it comes to around average £946,308 for 1 bedroom property, £1,750,499 for 2 bedroom, £3,343,866 for 3 bedroom, £6,173,641 for 4 bedroom and £9,752,012 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £5,485 for 1 bedroom to £6,277 for 2 bedrooms, £9,840 for 3 bedrooms, £12,231 for 4 bedrooms and £20,212 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £3,046. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £4,593, £9,047 for 3 bedroom, £16,279 for 4 bedroom and around £59,257 for 5 bedroom flat. You should be generally be expecting around average £3,154 rent per month for single bedroom property, £4,718 for 2 bedroom, £9,166 for 3 bedroom, £15,214 for 4 bedroom and approximately £35,514 for a 5 bedroom property in Central London area.

Popular Houses in Central London

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sum it all up

 The Good

- Shopping options
- Economic centres
- Well-built houses

 Best For

- People who can afford a luxurious life
- Businessmen

 The Bad

- Too expensive
- Traffic

Transportation in Central London

Areas in and around Central London

Browse by Outcodes in Central London