London · Property prices
Property prices in City of London, London
What homes in City of London sell for, and the gross yield it implies for a landlord, read around EC2Y.
Figures refreshed on 27 Oct 2026.
Average sale price in City of London
£895,450
Completed sales over the last twelve months.
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Sale price and yield in City of London
| Figure | Value |
|---|---|
| Average sale price | £895,450 |
| Gross yield | 4.5% |
The City of London is the smallest of the boroughs by population and sits at the very top of London's rental market, with rents well above the London average. Residential property here is limited compared with its commercial floorspace, and consists mainly of modern apartment blocks such as those around the Barbican, plus smaller developments near Smithfield and along the river. The Barbican Estate itself is a well known concentration of flats within the City, alongside newer schemes near Moorgate, Aldgate and the river at Blackfriars. Transport links are extensive, with Bank, Liverpool Street, Moorgate, Farringdon and Blackfriars stations serving the Underground, Overground, Elizabeth line and National Rail, making the area exceptionally well connected.
The City of London Corporation has no selective licensing scheme currently. A shared home let to five or more people from more than one household still needs a mandatory HMO licence. A landlord buying in City of London should weigh the sale price against the achievable rent before the yield is meaningful.
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