Map shows cheapest place to buy a home in London and where house prices are falling

The cheapest place to buy a home in London has been unveiled in the latest available land registry data. It showed that Thamesmead is the cheapest place to buy a home in the capital. Homes in the SE28 postcode area sold for an average of £319,631 each in the 12 months to the end of April. That’s less than any postcode area in our city with at least 20 sales over the last year.

South Ockendon is the next cheapest place in our city to buy a home. Houses sold for £343,033 each on average in the RM15 postcode area. That’s followed by DA17 (Belvedere) with an average home sold for £345,647, DA8 (Erith) with an average home sold for £345,847 and IG11 (Barking) with an average home sold for £346,815

Clerkenwell (EC1M) and West Kensington (W14) recorded the largest price decreases in London, dropping by 54.5% and 35.5% respectively. In contrast, Dagenham (RM9) and Kings Cross (WC1X) saw the highest growth, with prices increasing by 50.6% and 47.2%. The majority of London’s mid-tier suburban areas, such as Coulsdon (CR5) and Pinner (HA5), remained stable with price changes hovering around 0%.

Mayfair has the highest average sale price of any postcode area in London to have had at least 20 sales over the last 12 months. Houses sold for an average of £5,298,589 in the W1K postcode area.

The SW1W area was the next most expensive place to buy a home in our city. The average home in Belgravia sold for an average of £3,152,493 last year. That’s followed by SW1X (Belgravia) with an average home sold for £2,976,403, W8 (Kensington) with an average home sold for £2,449,072 and SW7 (South Kensington) with an average home sold for £2,407,961

You can find the average sale price for every postcode area in the country using our interactive map here:

All postcode areas for London:

• SE28 (Thamesmead): £319,631
• RM15 (South Ockendon): £343,033
• DA17 (Belvedere): £345,647
• DA8 (Erith): £345,847
• IG11 (Barking): £346,815
• RM10 (Dagenham): £350,642
• DA1 (Dartford): £354,693
• N18 (Upper Edmonton): £368,537
• RM8 (Dagenham): £371,809
• N9 (Lower Edmonton): £373,439
• RM3 (Harold Wood): £386,164
• EN3 (Enfield Highway): £388,924
• SE25 (South Norwood): £390,207
• CR7 (Thornton Heath): £391,154
• CR0 ( Croydon ): £392,420
• E13 (Plaistow): £392,555
• EN8 (Waltham Cross): £394,001
• TW13 (Feltham): £402,431
• DA14 (Sidcup): £402,832
• RM7 (Rush Green): £404,500
• UB7 (West Drayton): £404,890
• E6 (East Ham): £407,051
• RM6 (Chadwell Heath): £408,652
• CR4 (Mitcham): £410,727
• RM5 (Collier Row): £411,136
• SE18 (Plumstead): £411,721
• RM13 (Rainham): £413,311
• TW14 (Hatton): £416,010
• DA6 (Bexleyheath): £420,977
• BR8 (Swanley): £422,506
• RM1 (Romford): £433,679
• SM6 (Wallington): £435,141
• SE2 (Abbey Wood): £437,087
• SE8 (Deptford): £438,036
• SE20 (Anerley): £438,074
• IG1 (Ilford): £441,099
• UB8 ( Uxbridge ): £441,830
• E16 (Silvertown): £443,744
• SM1 ( Sutton ): £444,180
• IG2 (Gants Hill): £444,803
• TW3 ( Hounslow ): £446,494
• E15 (Stratford): £446,797
• TW15 (Ashford): £450,980
• NW9 (The Hyde): £452,421
• TW19 (Stanwell): £453,429
• UB2 (Southall): £453,437
• DA16 (Welling): £453,885
• N17 (Tottenham): £454,077
• TW4 (Hounslow West): £454,330
• UB1 (Southall): £456,501
• WC1H (St Pancras): £457,264
• RM12 (Hornchurch): £458,320
• CM14 (Brentwood): £462,408
• DA7 (Bexleyheath): £465,258
• EN1 (Bush Hill Park): £467,711
• KT9 (Chessington): £468,463
• UB4 (Yeading): £471,783
• HA0 (Alperton): £475,123
• IG6 (Barkingside): £475,297
• DA15 (Sidcup): £475,764
• SM5 (Carshalton): £477,414
• CR2 (South Croydon): £477,873
• UB6 (Greenford): £478,813
• SM4 (Morden): £482,544
• HA1 ( Harrow ): £485,350
• E12 (Manor Park): £486,190
• SE6 (Bellingham): £486,812
• SE16 (Rotherhithe): £487,007
• IG3 (Seven Kings): £488,791
• SE9 (Eltham): £493,899
• TW6 (Heathrow): £500,000 (one sales recorded)
• E3 (Bow): £500,553
• TW5 (Heston): £502,083
• IG4 (Redbridge): £503,639
• SE12 (Lee): £505,544
• HA2 (North Harrow): £506,159
• UB9 (Denham): £507,522
• CR3 (Caterham): £507,549
• TW8 ( Brentford ): £508,192
• HA9 (Wembley): £509,271
• SE26 (Sydenham): £513,593
• SM2 (Belmont): £514,180
• SE19 (Upper Norwood): £514,372
• BR5 (Orpington): £515,977
• TW16 (Sunbury-on-thames): £520,402
• SE13 (Lewisham): £520,557
• HA3 (Harrow Weald): £521,169
• RM9 (Dagenham): £521,266
• TW7 (Isleworth): £521,394
• RM2 (Gidea Park): £521,606
• SE14 (New Cross): £523,257
• TN16 (Biggin Hill): £523,444
• SE7 (Charlton): £523,445
• E14 (Poplar): £523,454
• BR1 (Bromley): £523,470
• SM3 (North Cheam): £527,238
• CR8 (Purley): £527,468
• EC1M (Clerkenwell): £528,724
• E1 (Aldgate): £530,531
• HA8 (Edgware): £538,730
• DA5 (Bexley): £541,357
• E4 (Chingford): £542,433
• SE17 (Walworth): £544,227
• RM11 (Hornchurch): £544,266
• EN7 (Cheshunt): £547,955
• E10 (Leyton): £548,133
• E2 (Bethnal Green): £548,768
• N11 (New Southgate): £550,096
• N13 (Palmers Green): £551,208
• E7 (Forest Gate): £551,825
• SW16 (Streatham): £553,795
• EN2 (Botany Bay): £554,314
• N15 (West Green): £560,825
• HA4 ( Ruislip ): £560,922
• SE10 ( Greenwich ): £565,405
• KT4 (Worcester Park): £566,989
• SW9 (Stockwell): £567,175
• EC4A (Fetter Lane): £567,500 (seven sales recorded)
• IG5 (Clayhall): £573,393
• N12 (North Finchley): £575,262
• CR5 (Coulsdon): £575,498
• SW2 (Brixton): £576,120
• N22 (Wood Green): £579,448
• BR2 (Bickley): £580,530
• SE23 (Forest Hill): £585,786
• E17 (Walthamstow): £587,621
• BR3 (Beckenham): £587,633
• RM14 (Upminster): £594,401
• KT6 (Surbiton): £598,672
• W7 (Hanwell): £601,306
• W3 (Acton): £603,115
• SE15 (Nunhead): £603,939
• CR6 (Warlingham): £610,649
• SE5 (Camberwell): £612,962
• KT5 (Berrylands): £613,470
• E11 (Leytonstone): £613,995
• SE27 (West Norwood): £616,333
• UB10 ( Hillingdon ): £619,793
• NW10 (Willesden): £620,132
• E9 (Homerton): £621,889
• IG7 (Chigwell): £621,904
• KT17 (Stoneleigh): £622,086
• EC4M (St Paul): £625,000 (one sales recorded)
• SE4 (Brockley): £625,207
• BR6 (Orpington): £629,401
• EC4V (Blackfriars): £630,412 (11 sales recorded)
• E18 (Woodford): £631,496
• NW4 (Brent Cross): £634,083
• IG8 (Woodford Green): £637,381
• HA7 ( Stanmore ): £637,722
• KT1 ( Kingston Upon Thames ): £641,867
• E20 (Olympic Park): £644,298
• EN5 (High Barnet): £644,331
• SE3 (Blackheath): £651,322
• BR4 (West Wickham): £652,904
• N14 (Southgate): £656,790
• N4 (Finsbury Park): £657,411
• SE1 (Bankside): £666,449
• SM7 (Banstead): £668,319
• CM13 (Brentwood): £673,974
• KT3 (New Malden): £676,426
• NW2 (Cricklewood): £678,455
• KT8 (West Molesey): £679,357
• SW17 (Tooting): £681,426
• N7 (Holloway): £682,391
• TW2 (Whitton): £688,921
• RM4 (Havering-atte-Bower): £689,139
• SE11 (Kennington): £690,614
• EN4 (Hadley Wood): £693,164
• E5 (Upper Clapton): £695,038
• TN14 (Cudham): £701,849
• E8 ( Hackney Central): £702,749
• WC1V (High Holborn): £715,000 (one sales recorded)
• N21 (Winchmore Hill): £717,014
• TW12 (Hampton): £719,259
• HA5 (Pinner): £721,870
• N16 (Stoke Newington): £722,187
• WD3 (Batchworth Heath): £723,095
• EC3N (Tower Hill): £725,833 (nine sales recorded)
• EC1N (Hatton Garden): £729,434 (10 sales recorded)
• N19 (Upper Holloway): £741,415
• KT2 (Kingston Upon Thames): £757,969
• W12 (Shepherds Bush): £763,667
• EC1A (St Bartholomew): £772,687 (16 sales recorded)
• HA6 (Northwood): £774,127
• N8 (Hornsey): £776,574
• BR7 (Chislehurst): £782,870
• N3 (Finchley): £783,997
• SW15 (Putney): £786,954
• TW11 (Teddington): £787,572
• E1W (Wapping): £790,644
• NW7 (Mill Hill): £806,225
• W13 (West Ealing ): £806,457
• SE22 (East Dulwich): £816,346
• N20 (Whetstone): £817,277
• SW20 ( Merton Park): £820,659
• WC1E (University College London): £823,929 (seven sales recorded)
• W5 (Ealing): £828,462
• W14 (West Kensington): £830,735
• SW18 (Wandsworth): £838,726
• WC1B (Bloomsbury): £840,803 (11 sales recorded)
• EC4Y (Temple): £846,500 (two sales recorded)
• SW4 (Clapham): £853,738
• SW19 (Wimbledon): £870,726
• EC3R (Monument): £875,000 (two sales recorded)
• SW1V (Vauxhall Bridge): £875,119
• SW12 (Balham): £878,897
• TW1 (Twickenham): £886,013
• N5 (Highbury): £886,196
• NW5 (Kentish Town): £888,593
• N10 (Muswell Hill): £898,909
• SW11 (Battersea): £899,654
• EC1V (Finsbury): £901,289
• W10 (North Kensington): £901,679
• W9 (Maida Vale): £902,248
• TW9 (North Sheen): £903,268
• SW8 (South Lambeth): £905,245
• WC1N (Great Ormond Street Hospital): £908,071
• W6 ( Hammersmith ): £910,874
• EC1R (Finsbury): £912,905
• N1 (Barnsbury): £913,269
• SE24 (Herne Hill): £926,215
• NW6 (Kilburn): £945,045
• EC2A ( Shoreditch ): £967,975
• SE21 (Dulwich): £969,217
• W4 ( Chiswick ): £1,007,261
• WC2B (Drury Lane): £1,047,143 (seven sales recorded)
• EC2Y (Barbican): £1,049,045
• WC1R (Gray): £1,052,625 (four sales recorded)
• NW1 (Euston): £1,057,527
• EC1Y (St Luke): £1,067,139 (18 sales recorded)
• W1T (Fitzrovia): £1,102,230
• SW6 (Fulham): £1,107,413
• N2 (East Finchley): £1,115,864
• W1W (Great Portland Street): £1,123,931
• SW5 (Earl): £1,128,276
• W1D ( Soho ): £1,142,143 (seven sales recorded)
• SW14 (Mortlake): £1,142,535
• NW11 (Golders Green): £1,143,529
• N6 (Highgate): £1,249,849
• EC4R (Cannon Street): £1,262,500 (four sales recorded)
• TW10 (Ham): £1,263,501
• WC1X (Kings Cross): £1,291,674
• WC2H (Leicester Square): £1,315,575 (10 sales recorded)
• W2 (Paddington): £1,341,890
• WC1A (New Oxford Street): £1,366,000 (seven sales recorded)
• WC2N (Charing Cross): £1,405,000 (four sales recorded)
• WC2R (Somerset House): £1,423,000 (six sales recorded)
• SW1H (Buckingham Gate): £1,479,587
• SW1P (Victoria Station): £1,513,454
• W1H ( Marylebone ): £1,515,042
• N1C (Kings Cross): £1,525,354
• SW13 (Barnes): £1,534,936
• NW3 (Hampstead): £1,599,825
• WC2E (Covent Garden): £1,637,125 (16 sales recorded)
• SW1Y (St): £1,691,875 (eight sales recorded)
• SW10 (West Brompton): £1,714,993
• SW1E (Buckingham Gate): £1,782,875 (eight sales recorded)
• W1G (Harley Street): £1,896,307
• W1F (Soho): £1,916,300 (10 sales recorded)
• NW8 (St John): £2,073,803
• W1S (Hanover Square): £2,175,000 (five sales recorded)
• SW3 (Chelsea): £2,182,944
• W11 (Notting Hill): £2,354,584
• W1U (Marylebone): £2,402,579
• SW7 (South Kensington): £2,407,961
• EC3A (St Mary Axe): £2,412,375 (two sales recorded)
• W8 (Kensington): £2,449,072
• WC2A (Lincoln): £2,800,000 (one sales recorded)
• W1B (Portland Street): £2,807,500 (two sales recorded)
• SW1X (Belgravia): £2,976,403
• SW1W (Belgravia): £3,152,493
• SW1A (Whitehall): £3,358,333 (six sales recorded)
• W1J (Mayfair): £4,345,306 (nine sales recorded)
• W1K (Mayfair): £5,298,589

Change in postcode areas for London:

• EC1M (Clerkenwell): -54.5%
• W14 (West Kensington): -35.5%
• W1W (Great Portland Street): -30.9%
• SW1X (Belgravia): -28.6%
• W1G (Harley Street): -20.3%
• SE17 (Walworth): -12.4%
• IG4 (Redbridge): -12.1%
• HA6 (Northwood): -12.1%
• EC1R (Finsbury): -11.5%
• W2 (Paddington): -10.9%
• W1H (Marylebone): -10.5%
• SE1 (Bankside): -10.4%
• WC1N (Great Ormond Street Hospital): -10.1%
• E14 (Poplar): -10%
• CR8 (Purley): -9.8%
• EC2A (Shoreditch): -9.8%
• W1T (Fitzrovia): -9.6%
• SE28 (Thamesmead): -9.4%
• W8 (Kensington): -9.1%
• E1W (Wapping): -8.8%
• DA14 (Sidcup): -8.4%
• EN4 (Hadley Wood): -8.2%
• W12 (Shepherds Bush): -8.1%
• SM2 (Belmont): -8.1%
• W10 (North Kensington): -7.8%
• N1C (Kings Cross): -7.5%
• N2 (East Finchley): -6.9%
• SW11 (Battersea): -6.8%
• WC1H (St Pancras): -6.6%
• SE18 (Plumstead): -5.9%
• BR2 (Bickley): -5.7%
• SW1W (Belgravia): -5.4%
• TW11 (Teddington): -5.3%
• E16 (Silvertown): -5.3%
• W3 (Acton): -5.2%
• NW10 (Willesden): -5.1%
• SE16 (Rotherhithe): -4.9%
• RM5 (Collier Row): -4.8%
• SW6 (Fulham): -4.5%
• RM3 (Harold Wood): -4.5%
• IG11 (Barking): -4.4%
• UB7 (West Drayton): -4.3%
• UB6 (Greenford): -4.3%
• E2 (Bethnal Green): -4.3%
• HA4 (Ruislip): -4%
• KT3 (New Malden): -4%
• TW5 (Heston): -3.9%
• SM6 (Wallington): -3.9%
• TW1 (Twickenham): -3.9%
• EC1V (Finsbury): -3.8%
• E8 (Hackney Central): -3.6%
• SM4 (Morden): -3.6%
• N9 (Lower Edmonton): -3.5%
• SE10 (Greenwich): -3.5%
• SM5 (Carshalton): -3.5%
• N5 (Highbury): -3.4%
• N18 (Upper Edmonton): -3.4%
• E1 (Aldgate): -3.4%
• TN16 (Biggin Hill): -3.3%
• N12 (North Finchley): -3.2%
• WD3 (Batchworth Heath): -3.1%
• E15 (Stratford): -3.1%
• SE21 (Dulwich): -3%
• SE8 (Deptford): -2.7%
• SW3 (Chelsea): -2.6%
• SE26 (Sydenham): -2.6%
• SW10 (West Brompton): -2.5%
• RM14 (Upminster): -2.5%
• IG2 (Gants Hill): -2.5%
• DA6 (Bexleyheath): -2.4%
• BR1 (Bromley): -2.3%
• KT2 (Kingston Upon Thames): -2.2%
• SW2 (Brixton): -2.1%
• SW1V (Vauxhall Bridge): -2.1%
• DA15 (Sidcup): -2.1%
• HA0 (Alperton): -2%
• N6 (Highgate): -1.8%
• E12 (Manor Park): -1.8%
• RM2 (Gidea Park): -1.7%
• SW9 (Stockwell): -1.6%
• IG7 (Chigwell): -1.6%
• BR3 (Beckenham): -1.5%
• N11 (New Southgate): -1.5%
• DA17 (Belvedere): -1.4%
• N21 (Winchmore Hill): -1.4%
• E11 (Leytonstone): -1.3%
• SW16 (Streatham): -1.3%
• KT4 (Worcester Park): -1.2%
• N16 (Stoke Newington): -1.2%
• N22 (Wood Green): -1.2%
• N10 (Muswell Hill): -1.1%
• DA1 (Dartford): -1.1%
• UB8 (Uxbridge): -1%
• SE13 (Lewisham): -1%
• UB2 (Southall): -1%
• IG6 (Barkingside): -1%
• TW16 (Sunbury-on-thames): -0.9%
• CR4 (Mitcham): -0.9%
• RM7 (Rush Green): -0.7%
• TW7 (Isleworth): -0.7%
• SM1 (Sutton): -0.6%
• SE9 (Eltham): -0.6%
• BR6 (Orpington): -0.6%
• UB1 (Southall): -0.6%
• RM15 (South Ockendon): -0.5%
• NW9 (The Hyde): -0.5%
• KT9 (Chessington): -0.4%
• E9 (Homerton): -0.4%
• CR2 (South Croydon): -0.3%
• SE20 (Anerley): -0.3%
• SM7 (Banstead): -0.2%
• HA2 (North Harrow): -0.2%
• EN7 (Cheshunt): -0.2%
• DA5 (Bexley): -0.2%
• IG8 (Woodford Green): -0.1%
• RM10 (Dagenham): -0%
• CR5 (Coulsdon): 0%
• HA5 (Pinner): 0.1%
• RM11 (Hornchurch): 0.4%
• RM4 (Havering-atte-Bower): 0.4%
• SE14 (New Cross): 0.4%
• E6 (East Ham): 0.5%
• W1K (Mayfair): 0.7%
• N4 (Finsbury Park): 0.7%
• SW1H (Buckingham Gate): 0.8%
• NW11 (Golders Green): 0.8%
• HA7 (Stanmore): 0.8%
• KT5 (Berrylands): 0.9%
• NW5 (Kentish Town): 0.9%
• DA16 (Welling): 0.9%
• TW19 (Stanwell): 0.9%
• SW13 (Barnes): 1%
• SW15 (Putney): 1%
• SW19 (Wimbledon): 1%
• EN1 (Bush Hill Park): 1.1%
• SE4 (Brockley): 1.1%
• RM12 (Hornchurch): 1.2%
• SE15 (Nunhead): 1.2%
• CM14 (Brentwood): 1.2%
• SW17 (Tooting): 1.5%
• EN3 (Enfield Highway): 1.5%
• SW20 (Merton Park): 1.5%
• DA8 (Erith): 1.5%
• HA8 (Edgware): 1.6%
• N17 (Tottenham): 1.6%
• EN2 (Botany Bay): 1.7%
• UB9 (Denham): 1.7%
• SE25 (South Norwood): 1.7%
• N15 (West Green): 1.7%
• DA7 (Bexleyheath): 1.8%
• KT6 (Surbiton): 1.9%
• TW13 (Feltham): 1.9%
• SE6 (Bellingham): 1.9%
• CR3 (Caterham): 1.9%
• E4 (Chingford): 2.2%
• TW15 (Ashford): 2.2%
• CM13 (Brentwood): 2.3%
• SE7 (Charlton): 2.3%
• KT8 (West Molesey): 2.4%
• SE23 (Forest Hill): 2.6%
• IG1 (Ilford): 2.7%
• SE12 (Lee): 2.7%
• CR0 (Croydon): 2.7%
• E13 (Plaistow): 2.7%
• SW12 (Balham): 2.7%
• W6 (Hammersmith): 2.9%
• HA9 (Wembley): 3.1%
• N1 (Barnsbury): 3.1%
• N7 (Holloway): 3.1%
• EN5 (High Barnet): 3.2%
• NW4 (Brent Cross): 3.2%
• TW8 (Brentford): 3.2%
• N14 (Southgate): 3.3%
• W4 (Chiswick): 3.4%
• UB4 (Yeading): 3.6%
• N13 (Palmers Green): 3.6%
• SE19 (Upper Norwood): 3.7%
• N20 (Whetstone): 3.7%
• HA3 (Harrow Weald): 3.8%
• HA1 (Harrow): 3.8%
• IG5 (Clayhall): 3.9%
• NW3 (Hampstead): 3.9%
• BR8 (Swanley): 4.1%
• RM8 (Dagenham): 4.1%
• BR7 (Chislehurst): 4.1%
• SM3 (North Cheam): 4.2%
• TW9 (North Sheen): 4.3%
• TW12 (Hampton): 4.3%
• N19 (Upper Holloway): 4.3%
• BR4 (West Wickham): 4.3%
• RM1 (Romford): 4.3%
• NW1 (Euston): 4.4%
• W9 (Maida Vale): 4.4%
• SE27 (West Norwood): 4.5%
• SE22 (East Dulwich): 4.6%
• CR7 (Thornton Heath): 4.9%
• W5 (Ealing): 4.9%
• RM13 (Rainham): 5%
• TW2 (Whitton): 5%
• E20 (Olympic Park): 5%
• E3 (Bow): 5%
• SW4 (Clapham): 5.1%
• RM6 (Chadwell Heath): 5.2%
• TW3 (Hounslow): 5.2%
• TW14 (Hatton): 5.3%
• N3 (Finchley): 5.3%
• EN8 (Waltham Cross): 5.3%
• E18 (Woodford): 5.4%
• KT1 (Kingston Upon Thames): 5.9%
• SE5 (Camberwell): 6%
• TW4 (Hounslow West): 6.2%
• NW2 (Cricklewood): 6.4%
• BR5 (Orpington): 6.4%
• SE24 (Herne Hill): 6.7%
• TN14 (Cudham): 6.9%
• IG3 (Seven Kings): 7%
• E17 (Walthamstow): 7.1%
• UB10 (Hillingdon): 7.5%
• SE3 (Blackheath): 7.6%
• CR6 (Warlingham): 7.7%
• SW18 (Wandsworth): 7.9%
• SW8 (South Lambeth): 8.1%
• KT17 (Stoneleigh): 8.1%
• NW6 (Kilburn): 8.1%
• E7 (Forest Gate): 8.3%
• SW5 (Earl): 8.4%
• E5 (Upper Clapton): 8.5%
• N8 (Hornsey): 8.5%
• W13 (West Ealing): 8.8%
• SE2 (Abbey Wood): 10.5%
• SW14 (Mortlake): 10.6%
• W7 (Hanwell): 10.8%
• NW7 (Mill Hill): 11.5%
• NW8 (St John): 12.2%
• EC2Y (Barbican): 12.4%
• E10 (Leyton): 12.7%
• SW7 (South Kensington): 14.5%
• W1U (Marylebone): 15.2%
• TW10 (Ham): 16.3%
• W11 (Notting Hill): 20.4%
• SE11 (Kennington): 20.5%
• SW1P (Victoria Station): 40.3%
• WC1X (Kings Cross): 47.2%
• RM9 (Dagenham): 50.6%