Prime London property: 2025 values compared with previous peaks

Change from 2016

Change from 2022

-18.4%

South Kensington

£2.54m (av price)

-11

Fitzrovia, Bloomsbury

& Soho £1.47m

-12.7

-13.6

Chelsea £2.22m

-12.2

-10.6

Knightsbridge &

Belgravia £3.48m

-11.4

-11.8

Pimlico, Westminster

& Victoria £1.38m

-10.9

-3.3

St John's Wood, Regent’s

Park & Primrose Hill £1.93m

-9.5

-12.4

Kensington, Notting Hill

& Holland Park £2.33m

-1.4

-6.4

Bayswater &

Maida Vale £1.8m

1.7

1.7

Hampstead £1.85m

4.7

-3.4

Mayfair & St James's

£4.47m

5.6

-5.7

Marylebone £2.2m

6.7

-2.6

Change from 2016

Change from 2022

South Kensington

£2.54m (av price)

-18.4%

-11

Fitzrovia, Bloomsbury

& Soho £1.47m

-12.7

-13.6

Chelsea £2.22m

-12.2

-10.6

Knightsbridge &

Belgravia £3.48m

-11.4

-11.8

Pimlico, Westminster

& Victoria £1.38m

-10.9

-3.3

St John's Wood, Regent’s

Park & Primrose Hill £1.93m

-9.5

-12.4

Kensington, Notting Hill

& Holland Park £2.33m

-1.4

-6.4

Bayswater & Maida Vale £1.8m

1.7

1.7

Hampstead £1.85m

4.7

-3.4

Mayfair & St James's £4.47m

5.6

-5.7

Marylebone £2.2m

6.7

-2.6

Change from 2016

Change from 2022

South Kensington

£2.54m (av price)

-18.4%

-11

Fitzrovia, Bloomsbury

& Soho £1.47m

-12.7

-13.6

Chelsea £2.22m

-12.2

-10.6

Knightsbridge &

Belgravia £3.48m

-11.4

-11.8

Pimlico, Westminster

& Victoria £1.38m

-10.9

-3.3

St John's Wood, Regent’s

Park & Primrose Hill £1.93m

-9.5

-12.4

Kensington, Notting Hill

& Holland Park £2.33m

-1.4

-6.4

Bayswater & Maida Vale £1.8m

1.7

1.7

Hampstead £1.85m

4.7

-3.4

Mayfair & St James's £4.47m

5.6

-5.7

Marylebone £2.2m

6.7

-2.6

Change from 2016

Change from 2022

South Kensington £2.54m (av price)

-18.4%

-11

Fitzrovia, Bloomsbury & Soho £1.47m

-12.7

-13.6

Chelsea £2.22m

-12.2

-10.6

Knightsbridge & Belgravia £3.48m

-11.4

-11.8

Pimlico, Westminster & Victoria £1.38m

-10.9

-3.3

St John's Wood, Regent’s Park & Primrose Hill £1.93m

-9.5

-12.4

Kensington, Notting Hill & Holland Park £2.33m

-1.4

-6.4

Bayswater & Maida Vale £1.8m

1.7

1.7

Hampstead £1.85m

4.7

-3.4

Mayfair & St James's £4.47m

5.6

-5.7

Marylebone £2.2m

6.7

-2.6

Change from 2016

Change from 2022

-18.4%

South Kensington

£2.54m (av price)

-11

Fitzrovia, Bloomsbury

& Soho £1.47m

-12.7

-13.6

Chelsea £2.22m

-12.2

-10.6

Knightsbridge &

Belgravia £3.48m

-11.4

-11.8

Pimlico, Westminster

& Victoria £1.38m

-10.9

-3.3

St John's Wood, Regent’s

Park & Primrose Hill £1.93m

-9.5

-12.4

Kensington, Notting Hill

& Holland Park £2.33m

-1.4

-6.4

Bayswater &

Maida Vale £1.8m

1.7

1.7

Hampstead £1.85m

4.7

-3.4

Mayfair & St James's

£4.47m

5.6

-5.7

Marylebone £2.2m

6.7

-2.6

Change from 2016

Change from 2022

South Kensington

£2.54m (av price)

-18.4%

-11

Fitzrovia, Bloomsbury

& Soho £1.47m

-12.7

-13.6

Chelsea £2.22m

-12.2

-10.6

Knightsbridge &

Belgravia £3.48m

-11.4

-11.8

Pimlico, Westminster

& Victoria £1.38m

-10.9

-3.3

St John's Wood, Regent’s

Park & Primrose Hill £1.93m

-9.5

-12.4

Kensington, Notting Hill

& Holland Park £2.33m

-1.4

-6.4

Bayswater & Maida Vale £1.8m

1.7

1.7

Hampstead £1.85m

4.7

-3.4

Mayfair & St James's £4.47m

5.6

-5.7

Marylebone £2.2m

6.7

-2.6

Change from 2016

Change from 2022

South Kensington

£2.54m (av price)

-18.4%

-11

Fitzrovia, Bloomsbury

& Soho £1.47m

-12.7

-13.6

Chelsea £2.22m

-12.2

-10.6

Knightsbridge &

Belgravia £3.48m

-11.4

-11.8

Pimlico, Westminster

& Victoria £1.38m

-10.9

-3.3

St John's Wood, Regent’s

Park & Primrose Hill £1.93m

-9.5

-12.4

Kensington, Notting Hill

& Holland Park £2.33m

-1.4

-6.4

Bayswater & Maida Vale £1.8m

1.7

1.7

Hampstead £1.85m

4.7

-3.4

Mayfair & St James's £4.47m

5.6

-5.7

Marylebone £2.2m

6.7

-2.6

Change from 2016

Change from 2022

South Kensington £2.54m (av price)

-18.4%

-11

Fitzrovia, Bloomsbury & Soho £1.47m

-12.7

-13.6

Chelsea £2.22m

-12.2

-10.6

Knightsbridge & Belgravia £3.48m

-11.4

-11.8

Pimlico, Westminster & Victoria £1.38m

-10.9

-3.3

St John's Wood, Regent’s Park & Primrose Hill £1.93m

-9.5

-12.4

Kensington, Notting Hill & Holland Park £2.33m

-1.4

-6.4

Bayswater & Maida Vale £1.8m

1.7

1.7

Hampstead £1.85m

4.7

-3.4

Mayfair & St James's £4.47m

5.6

-5.7

Marylebone £2.2m

6.7

-2.6