London is famous for its property prices, frequently ranking within the top 10 most expensive housing markets in the world, on par with Paris, Sydney and New York. As per Zoopla, the average London property sale price in the last 12 months (April 2022-2023) stood at £732,176 with the average detached home coming in at an eye watering £1,318,185 in the same period. This is still shy of the of the most expensive postcodes in the city, which all command average asking prices in the multi-million pound range. Below are the top 10 most exclusive postcodes in London based on sale price data from Foxtons over the last 12 months.
10. nw8
Areas: St John’s Wood, Primrose Hill (south), Marylebone (north)
Average sale price: £1,743,358
Average rental price: £3,416 pcm
Current listing prices: £225,000 – £17,250,000
9. W2
Areas: Paddington, Bayswater, Hyde Park, parts of Little Venice, parts of Notting Hill
Average sale price: £1,817,568
Average rental price: £3,296 pcm
Current listing prices: £250,000 – £21,500,000
8. SW1
Areas: Knightsbridge, Belgravia, St Jame’s, Westminster, Victoria, Pimlico, Sloane Square, parts of Chelsea.
Average sale price: £2,095,357
Average rental price: £4,444 pcm
Current listing prices: £325,000 – £60,000,000
7. nw3
Areas: St John’s Wood, Hampstead, Belsize Park, Primrose Hill (north)
Average sale price: £2,167,218
Average rental price: £5,944 pcm
Current listing prices: £245,000 – £25,000,000
6. SW3
Areas: Chelsea, Knightsbridge
Average sale price: £2,639,534
Average rental price: £3,124 pcm
Current listing prices: £265,000 – £22,500,000
5. w11
Areas: Notting Hill, Ladbroke Grove (south), parts of Holland Park
Average sale price: £2,950,497
Average rental price: £2,424 pcm
Current listing prices: £290,000 – £16,950,000
4. sw10
Areas: West Brompton, parts of Chelsea
Average sale price: £3,415,938
Average rental price: £3,276 pcm
Current listing prices: £325,000 – £35,000,000
3. w8
Areas: Kensington, Holland Park
Average sale price: £3,805,050
Average rental price: £3,312 pcm
Current listing prices: £350,000 – £44,000,000
2. sw7
Areas: South Kensington, parts of Knightsbridge
Average sale price: £3,890,602
Average rental price: £7,944 pcm
Current listing prices: £350,000 – £30,000,000
1. w1
Areas: Mayfair, Marylebone, Fitzrovia, Soho
Average sale price: £4,221,140
Average rental price: £6,232pcm
Current listing prices: £325,000 – £45,000,000
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