London Property Records 1.9% Quarterly Price Growth Versus Same Time Last Year

London average house prices rose 1.9 per cent in the three months to June compared with the same period in 2025, according to fresh Land Registry data released this week.

The slower pace comes after the April stamp duty reform that cut the surcharge on additional properties from 3 per cent to 2 per cent, prompting renewed interest from buy-to-let investors who had stayed on the sidelines for much of 2025.

East London corridors post uneven gains

Flats on Shoreditch High Street traded at an average £685,000 in the quarter, up 2.4 per cent on the year-earlier figure, while homes within 800 metres of the Elizabeth Line station at Whitechapel averaged £612,000, a 3.1 per cent increase. Further out, three-bedroom houses in Ilford recorded £478,000, a 1.6 per cent rise that estate agents link to faster journey times into the City.

Zone 4 and 5 boroughs continued to attract first-time buyers priced out of Zones 1-3, where the average now sits above £620,000.

Buy-to-let activity edges higher

Transactions involving limited companies rose to 11 per cent of all London sales in the quarter, up from 8 per cent twelve months earlier, according to HM Land Registry figures published on 8 July. Investors have focused on two-bedroom flats near the Elizabeth Line stations at Stratford and Romford, where gross yields hover around 5.2 per cent.

The overall London average stands at £508,000 as of the end of June, still below the £500,000 threshold only in outer Zone 6 pockets such as Upminster.

Buyers considering purchases before the autumn should compare current asking prices against the June Land Registry numbers and factor in the remaining months of the reduced stamp duty surcharge, which is due to be reviewed again in October.