Cheapest and best areas to buy in London. All 166 postcode districts compared.

Typical 3-bed house£840kacross London
Cheapest districtSE283-bed house £410k
Sold last year22,304homes in London
Prices in Westminster-20.7%on a year ago

A typical 3-bedroom house in London sold for £840,000 over the last five years, in today's money. The same home costs £410k in SE28 and £3m in W1G, so where you look matters more than almost anything else.

For the most space for your money, look at SE28: about 90 m² for a typical £410k. SW18 is the busiest market, with 583 sales last year.

Prices in Westminster are down 20.7% on a year ago. Renting a 3-bedroom home costs about £3,895 a month; a 90% mortgage on the typical 3-bed house would be around £3,831 a month at 4.5% over 30 years.

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Cheapest areas to buy in London

For a flat, the cheapest is SE2: a typical 2-bedroom flat sells for £243k.

Best areas in London for families

Districts where the best state schools nearby beat the England average, cheapest first.

Best state primary within 2 km (pupils meeting the expected standard at 11) and secondary within 5 km (grade 5+ in English and maths). DfE performance tables.

London postcode districts

District3-bed houseSize2-bed flatHouses per m²Best primarySold last year
E1£735k98 m²£398k£7,91287%182
E1W£943k114 m²£517k£8,94692%100
E2£880k97 m²£440k£9,63788%178
E3£833k100 m²£369k£8,16591%198
E4£612k93 m²£339k£6,42887%356
E5£1.09m107 m²£461k£9,282100%154
E6£435k88 m²£258k£5,09094%179
E7£567k95 m²£311k£6,25797%141
E8£1.09m105 m²£550k£10,82690%167
E9£944k98 m²£440k£10,16792%125
E10£727k94 m²£422k£7,47096%244
E11£791k94 m²£420k£8,06896%334
E12£480k97 m²£286k£5,27592%76
E13£428k90 m²£264k£5,21397%103
E14£693k97 m²£432k£7,21692%303
E15£550k91 m²£327k£6,39597%181
E16£446k88 m²£341k£5,54194%149
E17£759k89 m²£452k£8,40896%580
E18£736k97 m²£377k£7,33096%149
E20——£495k£6,74892%1
E22————92%0
EC1A——£605k—100%9
EC1M——£795k—100%9
EC1N——£634k—100%10
EC1R£1.6m129 m²£755k£13,661100%19
EC1V£1.25m114 m²£737k£11,53892%50
EC1Y——£682k—89%14
EC2A——£742k—89%7
EC2M————93%0
EC2Y——£744k—100%31
EC3A————93%0
EC3N——£624k—93%5
EC3R————93%0
EC4A——£733k—100%3
EC4M——£660k—100%0
EC4N————100%0
EC4R————93%0
EC4V——£562k—100%5
EC4Y————100%0
N1£1.53m114 m²£619k£13,02992%405
N1C————92%0
N2£1.04m103 m²£412k£9,76293%117
N3£829k106 m²£425k£7,50786%115
N4£976k104 m²£520k£9,05089%211
N5£1.5m114 m²£617k£11,71590%133
N6£1.57m122 m²£621k£12,60689%109
N7£872k101 m²£529k£9,16393%159
N8£1.07m114 m²£532k£9,41498%213
N9£447k86 m²£258k£5,36091%142
N10£1.01m104 m²£449k£9,62993%130
N11£671k96 m²£344k£7,00593%134
N12£795k103 m²£371k£7,21387%119
N13£618k98 m²£370k£6,36287%143
N14£751k104 m²£370k£7,11693%132
N15£722k96 m²£407k£7,70792%126
N16£1.28m109 m²£494k£10,504100%216
N17£591k92 m²£347k£6,61592%186
N18£451k87 m²£259k£5,33375%85
N19£1.07m109 m²£504k£9,39993%104
N20£812k104 m²£339k£7,25893%122
N21£773k107 m²£360k£7,06690%134
N22£713k96 m²£424k£7,78998%149
NW1£1.47m116 m²£604k£13,14292%146
NW2£700k100 m²£428k£7,249100%190
NW3£1.76m130 m²£782k£15,783100%254
NW4£712k100 m²£355k£6,88991%110
NW5£1.41m112 m²£539k£11,79493%114
NW6£1.47m125 m²£591k£11,448100%290
NW7£715k102 m²£365k£7,02097%158
NW8£2.3m150 m²£569k£16,161100%112
NW9£576k91 m²£320k£6,27481%155
NW10£886k106 m²£429k£7,97791%242
NW11£993k109 m²£459k£9,45591%112
SE1£963k99 m²£579k£9,80593%317
SE2£448k88 m²£243k£5,26490%120
SE3£687k94 m²£448k£7,75587%217
SE4£817k98 m²£468k£8,10490%165
SE5£914k107 m²£432k£8,35397%198
SE6£607k96 m²£334k£6,21785%290
SE7£640k98 m²£348k£6,48187%91
SE8£731k100 m²£368k£7,86490%126
SE9£538k92 m²£303k£5,84691%367
SE10£862k98 m²£423k£9,28687%200
SE11£1.12m109 m²£466k£9,71093%79
SE12£594k92 m²£307k£6,40686%158
SE13£754k95 m²£384k£7,64386%259
SE14£790k98 m²£393k£8,10090%95
SE15£909k99 m²£415k£8,59990%294
SE16£822k98 m²£466k£8,70592%232
SE17£813k98 m²£420k£8,62893%92
SE18£471k91 m²£317k£5,42788%289
SE19£657k94 m²£361k£6,54288%176
SE20£616k93 m²£337k£6,64579%144
SE21£862k104 m²£428k£8,99293%88
SE22£1.03m103 m²£472k£9,53189%197
SE23£796k99 m²£410k£7,75985%231
SE24£983k101 m²£502k£9,33197%94
SE25£489k90 m²£290k£5,37588%238
SE26£692k94 m²£394k£7,09585%162
SE27£722k100 m²£372k£7,15493%129
SE28£410k90 m²£254k£5,38088%125
SW1A——£1.15m—100%0
SW1E——£785k£11,96893%5
SW1H——£670k£14,379100%7
SW1P£1.62m122 m²£639k£12,22891%71
SW1V£1.32m116 m²£571k£11,36393%94
SW1W£2.66m139 m²£962k£19,70993%34
SW1X£2.76m128 m²£1.44m£20,24593%27
SW1Y——£1.16m—100%5
SW2£848k104 m²£419k£7,54897%309
SW3£2.74m130 m²£955k£20,78093%134
SW4£980k108 m²£517k£9,30497%243
SW5£1.4m114 m²£740k£13,71193%53
SW6£1.34m120 m²£605k£11,21892%339
SW7£2.55m142 m²£1.02m£19,36195%86
SW8£982k105 m²£491k£8,73797%151
SW9£919k104 m²£466k£8,47897%164
SW10£1.72m117 m²£753k£16,21593%99
SW11£1.16m111 m²£564k£10,19490%458
SW12£1.16m109 m²£575k£9,56497%237
SW13£1.29m108 m²£629k£12,38496%123
SW14£1.19m109 m²£506k£10,73396%124
SW15£992k106 m²£475k£9,26096%384
SW16£620k99 m²£361k£6,23692%514
SW17£832k95 m²£445k£8,58586%447
SW18£1.1m105 m²£502k£9,41695%583
SW19£991k101 m²£438k£9,85694%568
SW20£860k100 m²£419k£8,72593%204
W1B——£887k—100%1
W1D————100%2
W1F———£13,948100%1
W1G£3m145 m²£966k£21,346100%12
W1H£1.95m131 m²£843k£14,766100%31
W1J——£1.2m£20,262100%4
W1K——£1.64m£23,406100%8
W1S——£1.45m—100%2
W1T——£851k£16,005100%13
W1U£1.99m149 m²£912k£16,157100%24
W1W——£731k£15,299100%13
W2£1.82m134 m²£707k£15,124100%182
W3£895k107 m²£426k£8,448100%209
W4£1.22m108 m²£518k£11,071100%293
W5£909k100 m²£475k£9,05987%265
W6£1.2m107 m²£507k£10,515100%165
W7£733k92 m²£398k£7,73985%141
W8£2.34m127 m²£940k£19,40495%99
W9£1.17m124 m²£564k£11,09396%141
W10£984k97 m²£532k£10,14596%69
W11£1.95m124 m²£850k£18,40493%106
W12£853k101 m²£473k£8,847100%160
W13£896k100 m²£453k£8,90287%180
W14£1.37m134 m²£553k£12,137100%132
WC1A——£729k—100%5
WC1B——£832k—100%4
WC1E——£775k—100%6
WC1H——£591k£13,168100%30
WC1N£1.94m132 m²£742k£13,845100%19
WC1R——£880k—100%3
WC1V————100%0
WC1X£1.64m125 m²£673k£13,797100%5
WC2A————100%0
WC2B——£987k—100%2
WC2E——£934k—100%6
WC2H——£882k—100%6
WC2N———£12,600100%0
WC2R————100%0

Typical prices from sales in the last five years, in today's money. A dash means too few sales to say.

Questions about buying in London

How much is a 3-bedroom house in London?

About £840,000 across London, from sales in the last five years in today's money. It ranges from £410k in SE28 to £3m in W1G.

What is the cheapest area of London to buy a house?

For a 3-bedroom house: SE28 (£410k), E13 (£428k), E6 (£435k).

Are house prices going up in London?

In Westminster, prices are down 20.7% on a year ago and down 17.8% over five years, according to the UK House Price Index (July 2026).

Which postcode in London is best for families?

On school results and price together: SE28 (3-bed house £410k, best primary nearby 88% at the expected standard against 64% across England); E13 (3-bed house £428k, best primary nearby 97% at the expected standard against 64% across England); E6 (3-bed house £435k, best primary nearby 94% at the expected standard against 64% across England); E16 (3-bed house £446k, best primary nearby 94% at the expected standard against 64% across England).

Is London a good place to buy a house?

What the numbers say: a typical 3-bedroom house costs £840,000, prices are down 20.7% on a year ago, renting a 3-bedroom home costs about £3,895 a month against roughly £3,831 for a 90% mortgage, and 22,304 homes sold last year, so there is a real choice. Prices vary from £410k to £3m between districts, so the area you pick matters most.

How many homes sell in London each year?

22,304 homes sold across its 166 postcode districts in the last year, the most in SW18.

Sources: HM Land Registry price paid data matched to the EPC register, UK House Price Index (July 2026), ONS private rents (August 2026). The mortgage figure is an illustration, not advice.