Data refreshed 13 September 2026

England · Local authority district

City of London average asking prices, rents and rental yields

Free area-level property market data for City of London, from the Property Deals Insight database of around 34 million UK properties.

Median advertised asking price

£1,272,500

300% above UK benchmark

Among the five most expensive of 347 UK local authorities measured. The UK median is £318,268.

Market overview

What the City of London numbers tell us

A concise read of the current advertised market. The detailed views below break the same figures down by property type and bedroom count.

Affordability 01

City of London sits above the UK benchmark

Its median advertised asking price is £954,232 above the UK figure, placing City of London 343rd of 347 covered areas.

Most affordableLeast affordable
Rental opportunity 02

1 bed properties show the strongest headline yield

1 bed properties currently show a 5.6% gross advertised yield, before operating and finance costs.

Explore yields
Family homes 03

Three-bedroom asking prices are above the UK benchmark

At £2,276,722, the City of London average is about 604% higher than the equivalent UK figure.

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Advertised sale market

Asking prices in City of London

Average advertised asking price by residential property type and by bedroom count. Core dwelling categories are included in the headline median; room lets and non-residential premises are listed separately and excluded.

Advertised asking price by property type, City of London. Core residential categories.
Property typeRelativeAverage asking price
Terraced£2,750,000
Flat£820,166
Apartment£1,011,187
Show 3 further residential types
Additional residential types. Included in the median.
Property typeRelativeAverage asking price
Penthouse£1,985,000
Mews£1,295,000
Ground flat£1,250,000
Show 1 excluded categories (room lets and non-residential)
Excluded from all headline figures and yields: per-room lettings and non-residential premises. Shown for transparency only.
Property typeRelativeAverage asking price
Not specified£1,300,000

Average asking price by number of bedrooms

£622,6881 bed
£1,085,9212 bed
£2,276,7223 bed
£1,548,7504 bed
£2,750,0005 bed

These are asking prices, not sold prices. PDI also holds Land Registry sold-price records for City of London — what buyers actually paid, and when.

See sold prices in City of London

Advertised rental market

Monthly rents in City of London

Whole-dwelling advertised rents. House shares, per-room lets and non-residential listings are excluded from every headline figure.

Advertised monthly rent by property type, City of London. Whole dwellings only.
Property typeRelativeAverage monthly rent
Detached£2,496
Flat£3,788
Apartment£3,534
Show 3 further residential types
Additional residential types. Included in the median.
Property typeRelativeAverage monthly rent
Penthouse£5,311
Maisonette£2,580
Duplex£2,550

Average monthly rent by number of bedrooms

£2,8851 bed
£4,4802 bed
£8,2663 bed
£5,7074 bed
5 bed

— no listings in that bedroom band during the observation window.

Buy-to-let snapshot

Indicative gross rental yields

Highest advertised

5.6%

1 bed properties lead the current snapshot. Treat it as an initial screening signal, not a forecast of realised return.

5.6%1 bed
5.0%2 bed
4.4%3 bed
4.4%4 bed
5 bed

— no listings in that bedroom band during the observation window.

Gross yield compares average advertised rent with average asking price. It excludes voids, management fees, maintenance and finance costs.

UK comparison

How City of London compares

The same advertised measures set against the national picture across 347 local authority districts.

Typical asking price

£1,272,500City of London
£318,268UK benchmark
300% higher

3-bedroom asking price

£2,276,722City of London
£323,504UK benchmark
604% higher

Affordability position

#343

out of 347 covered UK areas

More affordable than1%

Areas with a similar median asking price

View all published UK areas ›

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City of London area insight
GET /v1/area-insights?area=city-of-london
Authorization: Bearer pdi_live_••••••••

{
  "area": "City of London",
  "median_asking_price": 1272500,
  "median_monthly_rent": 3057,
  "best_gross_yield": 5.6,
  "affordability_rank": 343,
  "refreshed": "2026-09-13"
}
Illustrative response shape Get an API key →

Go further

From an area signal to the exact property

Investors, agents and sourcers

See the individual properties behind these numbers in City of London — live listings, below-market opportunities and motivated-vendor signals.

See live opportunities in City of London

Selling or letting in City of London?

See what comparable homes are being advertised for, and what the same property type achieves as a rental across the district.

Check sold prices in City of London

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Trust and methodology

How to read these figures

Frequently asked questions

What is the average asking price in City of London?

The median advertised asking price in City of London is £1,272,500, taken across 6 residential property-type categories. These are advertised asking prices, not achieved sale prices.

How much is a 3-bedroom property in City of London?

A 3-bedroom property in City of London averages £2,276,722. A 2-bedroom averages £1,085,921 and a 4-bedroom £1,548,750.

What is the average rent in City of London?

Average advertised monthly rent in City of London is £4,480 for a 2-bedroom and £8,266 for a 3-bedroom property. Per-room lettings are excluded.

Is City of London good for buy-to-let?

The strongest gross yield in City of London is 5.6% on 1 bed properties. Gross yield compares advertised rent with asking price and excludes voids, management, maintenance and finance costs.

Where does this City of London data come from?

Property Deals Insight maintains a database of around 34 million UK properties. These area figures aggregate advertised sale and rental listings for the City of London local authority district.

What these numbers include

  • These are advertised asking prices and advertised rents, aggregated from property listings — not achieved sale prices.
  • Gross yield excludes voids, management, maintenance, ground rent and finance, so a real net yield will be materially lower.
  • Medians are taken across residential property-type categories. Per-room lettings and non-residential premises are excluded and shown separately.
  • City of London is a UK local authority district, not a town or postcode area.
  • Related areas are matched on median asking price, not geography.
  • Observation window: sale listings first advertised in the 180 days to 13 September 2026, and rental listings in the 90 days to 13 September 2026. A listing is counted from when it was first advertised, so these are not necessarily still on the market.
  • Gross yield combines two different windows — a 90-day rent sample over a 180-day sale sample — so it is not a like-for-like snapshot of a single moment.

Source: Property Deals Insight UK property database. City of London is a UK local authority district, compared against 347 districts with complete data. Data last refreshed . Based on sale listings first advertised in the 180 days to 13 September 2026, and rental listings in the 90 days to 13 September 2026.