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  1. ITV Report

The rise and rise of London house prices: 1986 to 2014

These figures show the average price of a house in London from 1986, when the average property in the capital cost £55,000. The only significant fall came during the financial crisis between 2008 and 2009.

ONS graph showing rises in average (mean) house prices in London, the UK, and the North East Credit: ONS
  • 1986: £55,000
  • 1987: £66,000
  • 1988: £78,000
  • 1989: £82,000
  • 1990: £84,000
  • 1991: £86,000
  • 1992: £78,000
  • 1993: £81,000
  • 1994: £88,000
  • 1995: £90,000
  • 1996: £94,000
  • 1997: £106,000
  • 1998: £115,000
  • 1999: £142,000
  • 2000: £164,000
  • 2001: £182,000
  • 2002: £207,000
  • 2003: £242,000
  • 2004: £273,000
  • 2005: £283,000
  • 2006: £306,000
  • 2007: £342,000
  • 2008: £351,000
  • 2009: £338,000
  • 2010: £385,000
  • 2011: £401,000
  • 2012: £410,000
  • 2013: £428,000
  • 2014: £492,000

Source: ONS