as of April 2026 . While the broader UK market has shown resilience, London has seen its seventh consecutive month of annual price falls, with the average flat now valued at £421,000 . Market Summary (April 2026)
Investment is shifting toward regeneration zones and "micro-prime" neighborhoods that offer better value than traditional luxury districts. UK House Price Index for February 2026 - GOV.UK new build flats london to buy
The market is characterized by a "wait-and-see" approach from buyers due to Middle East conflict-related mortgage volatility. However, supply is tightening significantly, which may support values long-term. as of April 2026
: New housing starts have plummeted by 50–60% compared to pre-slump years. UK House Price Index for February 2026 - GOV
: Most experts predict modest growth of 1–3% across 2026 as affordability resets, with prime central London expected to flatline before recovering in 2027. Top New Build Developments & Hotspots