London property sales and lets: the standouts of summer 2026
Share
London property sales and lets: the standouts of summer 2026
LonRes Research · Summer 2026
A £40m asking price in Belgravia, a £35,000-a-week let in Hampstead and an £8m waterside house in Cornwall. Summer 2026 was a hard quarter for prime property, and it still produced homes worth talking about.
Between July and September, LonRes members recorded nearly 2,000 London property sales and more than 8,500 London lets. Sales took the strain, with prime central London transactions down 10.2% year-on-year. Lettings held firm, with achieved rents up 6.3%. These are the sales and lets we liked most, chosen for character as much as price.
How did the prime London property market perform in summer 2026?
Unevenly. Sales had a difficult quarter in all three of LonRes's London areas, while lettings had a strong one.
Prime central London
SW1Y, SW1X, SW1W, SW1A, SW3, SW7, SW10, W1S, W1K, W1J, W8
Sales
Lettings
Prime London
NW1, NW3, NW8, SW1P, SW1V, W1T, W1H, W1U, W1G, W1W, W2, W11, W14
Sales
Lettings
Fringe
SE1, SE11, SW4, SW5, SW6, SW11, W4, W6, W9, W10
Sales
Lettings
Source: LonRes area overview reports. Sold and let July to September 2026.
In prime central London, achieved prices fell 6.5% year-on-year to an average of £1,505 per sq ft, and transactions fell 10.2%. Prime London saw achieved prices down 9.6% and transactions down 9.3%. The fringe held up best, with prices down 5.6% and transactions down 8.3%. Buyers negotiated hard: the average discount on initial asking price ran from 8.1% in the fringe to 12.6% in prime central London.
The detail is kinder than the headline. Houses in the fringe achieved 1.6% more per sq ft than a year earlier. In prime central London, 14.4% of properties sold within three months, ahead of 13.3% for Central London as a whole, and available stock is 6.7% lower than a year ago.
Lettings carried the season. Achieved rents rose year-on-year in every area: 6.3% in prime central London, 2.5% in prime London and 4.8% in the fringe. Prime central London rents averaged £71.21 per sq ft a year, up from £66.99. The number of properties let rose by 37.1%, 34.4% and 48.1% respectively on the previous three months, the summer peak arriving on cue. For the month-by-month picture, see where the market has moved in the latest dashboard, and the quarterly research for the longer view.
A summer of price discovery, not paralysis.
Every price below is an asking price. LonRes subscribers can open each property's record in the Sales Archive or Lettings Archive, with the agents involved, every time it has come to market and the achieved figure, unless the agent has asked for it to stay confidential. For comparison, see the standout sales of 2025.
Which London property sales stood out this summer?
Six favourites, two from each of LonRes's London areas. Between them they run from a £40m house in Belgravia to a £5.95m house in Clapham.
Prime central London
£1,505 per sq ft on average · 14.4% of properties sold within three months
Sold September 2026
SW1W Belgravia
£40,000,000 Asking price
- House
- 5 bed
- 9,945 sq ft
- Freehold
The highest asking price of any London sale on LonRes this quarter: a freehold house of almost 10,000 sq ft.
Agent Savills (Sloane Street)
LonRes subscribers: open the record
Sold July 2026
SW1X Belgravia
£29,000,000 Asking price
- House
- 8 bed
- 8,032 sq ft
- Freehold
An eight-bedroom Belgravia house behind a white stucco front, sold in July on a joint instruction.
Agents Beauchamp Estates (Mayfair); OB Private (Mayfair) (joint agent)
LonRes subscribers: open the recordPrime London
£1,154 per sq ft on average · houses achieved £3,157,028 on average
Sold July 2026
W11 Notting Hill
£25,950,000 Asking price
- House
- 6 bed
- 6,732 sq ft
- Freehold
The top asking price in LonRes's prime London area this summer, for a six-bedroom Notting Hill house.
Agents United Kingdom Sotheby's International Realty; Russell Simpson (Kensington & Notting Hill) (joint agent)
LonRes subscribers: open the record
Sold September 2026
W2 Little Venice
£11,250,000 Asking price
- House
- 10 bed
- 6,481 sq ft
- Freehold
Ten bedrooms over almost 6,500 sq ft, looking on to the canal in Little Venice.
Agent Savills (St John's Wood)
LonRes subscribers: open the recordThe fringe
£896 per sq ft on average · houses up 1.6% per sq ft year-on-year
Sold August 2026
W9 Maida Vale
£6,750,000 Asking price
- House
- 6 bed
- 5,280 sq ft
- Freehold
A six-bedroom Maida Vale house of 5,280 sq ft, sold at the end of August.
Agent Jonathan Arron Residential
LonRes subscribers: open the record
Sold July 2026
SW4 Clapham
£5,950,000 Asking price
- House
- 6 bed
- 7,372 sq ft
- Freehold
Six bedrooms and 7,372 sq ft south of the river, sold in July.
Agent FG Consultants
LonRes subscribers: open the recordWhich London lettings stood out this summer?
Six more, two per area. Hampstead houses and Knightsbridge flats led the London lettings market on asking rent, with Holland Park close behind.
Prime central London
Achieved rents up 6.3% year-on-year · £65 per sq ft a year for a two-bed flat
Let July 2026
SW1X Knightsbridge
£27,000 pw Asking rent
- Flat
- 4 bed
- 4,284 sq ft
- Furnished
- Long let
A furnished four-bedroom Knightsbridge flat of 4,284 sq ft, let at the end of July.
Agents United Kingdom Sotheby's International Realty; Beauchamp Estates (Mayfair) (sub-agent)
LonRes subscribers: open the record
Let July 2026
SW7 Knightsbridge
£20,000 pw Asking rent
- Flat
- 5 bed
- 6,352 sq ft
- Furnished
- Long let
Five bedrooms and 6,352 sq ft on an eighth floor, furnished and let in July.
Agent Savills (Knightsbridge)
LonRes subscribers: open the recordPrime London
Achieved rents up 2.5% year-on-year · £3,126 a week on average for a house
Let August 2026
NW3 Hampstead
£35,000 pw Asking rent
- House
- 9 bed
- 22,000 sq ft
- Furnished
- Long let
The highest asking rent of any London let on LonRes this quarter: a furnished nine-bedroom Hampstead house of 22,000 sq ft.
Agent Glentree
LonRes subscribers: open the record
Let July 2026
W14 Holland Park
£21,000 pw Asking rent
- House
- 7 bed
- 7,831 sq ft
- Unfurnished
- Long let
A seven-bedroom Holland Park house of 7,831 sq ft, let unfurnished in July.
Agents Winkworth (Kensington); Beauchamp Estates (Mayfair) (sub-agent)
LonRes subscribers: open the recordThe fringe
Achieved rents up 4.8% year-on-year · properties let up 48.1% on the quarter
Let September 2026
W10 North Kensington
£6,500 pw Asking rent
- House
- 8 bed
- 5,846 sq ft
- Unfurnished
- Long let
Eight bedrooms in North Kensington, let unfurnished in the last days of September.
Agent OB Private (Notting Hill)
LonRes subscribers: open the record
Let August 2026
SW11 Battersea
£5,654 pw Asking rent
- Flat
- 4 bed
- 2,765 sq ft
- Furnished
- Long let
A furnished four-bedroom flat set over the 11th and 12th floors in Battersea, let in August.
Agent Copperstones
LonRes subscribers: open the recordWhich country houses sold this summer?
Land, water and good stone.
Outside London, our favourite country houses ran from a Cornish creek to a Warwickshire farm, by way of Surrey, the Chilterns, the Sussex coast and the Cotswolds. LonRes Country connects country agents with the London agents whose applicants are often the ones moving out.
Sold September 2026
TR12 Helston, Cornwall
£8,000,000 Asking price
- House
- 7 bed
- 5,155 sq ft
- Freehold
The highest asking price of any country sale on LonRes this quarter: a seven-bedroom waterside house in Cornwall.
Agent United Kingdom Sotheby's International Realty
LonRes subscribers: open the record
Sold July 2026
GU25 Virginia Water, Surrey
£7,999,950 Asking price
- House
- 7 bed
- 7,235 sq ft
- Freehold
A seven-bedroom house of 7,235 sq ft, priced a whisker under £8m and sold on the first day of the quarter.
Agent Barton Wyatt
LonRes subscribers: open the record
Sold July 2026
CV47 Southam, Warwickshire
£6,000,000 Asking price
- Farm
- 9 bed
- Freehold
A working proposition: a nine-bedroom farmhouse with annexe, two cottages, seven farm buildings and dairy facilities.
Agent Fisher German (Banbury)
LonRes subscribers: open the record
Sold August 2026
RG9 Henley-on-Thames, Buckinghamshire
£4,750,000 Asking price
- House
- 6 bed
- 4,456 sq ft
- Freehold
A six-bedroom house of 4,456 sq ft, sold in August through design specialist The Modern House.
Agent The Modern House
LonRes subscribers: open the record
Sold September 2026
BN3 Hove, East Sussex
£3,995,000 Asking price
- House
- 5 bed
- 4,956 sq ft
- Freehold
A five-bedroom house of 4,956 sq ft in Hove, sold in September.
Agent Hamptons (Brighton & Hove)
LonRes subscribers: open the record
Sold September 2026
SN14 Chippenham, Wiltshire
£3,500,000 Asking price
- House
- 5 bed
- 4,423 sq ft
- Freehold
A five-bedroom Cotswold stone house of 4,423 sq ft, sold in September.
Agent Blue Book
LonRes subscribers: open the recordWhich country lets stood out?
Surrey's commuter belt dominated the top of the country lettings market, with Virginia Water, Weybridge, Cobham and Esher all represented. The exception came from the Chilterns, let by a Notting Hill agency: a reminder of how a London connection wins instructions beyond the M25.
Let September 2026
HP10 High Wycombe, Buckinghamshire
£5,769 pw Asking rent
- House
- 7 bed
- 7,293 sq ft
- Furnished or unfurnished
- Long let
A contemporary seven-bedroom house of 7,293 sq ft, let in September by a Notting Hill agency. The London connection, working.
Agent Mountgrange Heritage (Notting Hill)
LonRes subscribers: open the record
Let July 2026
KT13 Weybridge, Surrey
£5,192 pw Asking rent
- House
- 7 bed
- 6,051 sq ft
- Unfurnished
- Long let
Seven bedrooms behind gates in Weybridge, let unfurnished in July.
Agent Savills (Weybridge)
LonRes subscribers: open the record
Let July 2026
GU25 Virginia Water, Surrey
£4,615 pw Asking rent
- House
- 8 bed
- 6,202 sq ft
- Furnished or unfurnished
- Long let
An eight-bedroom house of 6,202 sq ft, one of a run of Virginia Water lets for Barton Wyatt this summer.
Agent Barton Wyatt
LonRes subscribers: open the record
Let July 2026
KT11 Cobham, Surrey
£1,962 pw Asking rent
- House
- 5 bed
- 4,821 sq ft
- Unfurnished
- Long let
Five bedrooms and 4,821 sq ft in Cobham, let unfurnished in July.
Agent CHK Mountford (Esher)
LonRes subscribers: open the recordWhat does the summer tell agents heading into the autumn?
That pricing is doing the work.
Around half of the sales stock on the market in all three London areas has already been reduced: 52.1% in prime central London, 52.6% in prime London and 49.3% in the fringe. With average discounts on initial asking price between 8.1% and 12.6%, the distance between asking and achieved prices is where instructions are won or lost.
Lettings go into the autumn with more choice for tenants. Available rental stock is up 7.6% year-on-year in prime central London and 15.4% in prime London, and 29.8% of prime central London rental stock has seen a reduction. Rents are still rising, which makes achieved-rent evidence behind each asking rent more valuable, not less.
The Budget on 28 October will test conviction again. The homes above show that good stock still finds buyers and tenants when the price is grounded in evidence.
The summer rewarded realism, not hope.
LonRes Sales and Lettings Archives
Every property in this article has a full record on LonRes. Subscribers can open it.
Asking prices tell you what a seller hoped for. Achieved prices tell you where the market is. If you are pricing an instruction this autumn, start with the evidence.
Start your free trialFrequently asked questions
How did prime London house prices change in summer 2026?
Achieved prices fell year-on-year in all three LonRes London areas between July and September 2026: by 6.5% in prime central London, to an average of £1,505 per sq ft, by 9.6% in prime London and by 5.6% in the fringe. Transactions fell by between 8.3% and 10.2%.
Are prime London rents still rising?
Yes. Achieved rents rose year-on-year in all three LonRes London areas between July and September 2026: by 6.3% in prime central London, 2.5% in prime London and 4.8% in the fringe. Prime central London rents averaged £71.21 per sq ft a year, up from £66.99 a year earlier.
Which postcodes does LonRes count as prime central London, prime London and the fringe?
Prime central London covers SW1Y, SW1X, SW1W, SW1A, SW3, SW7, SW10, W1S, W1K, W1J and W8. Prime London covers NW1, NW3, NW8, SW1P, SW1V, W1T, W1H, W1U, W1G, W1W, W2, W11 and W14. The fringe covers SE1, SE11, SW4, SW5, SW6, SW11, W4, W6, W9 and W10.
What was the most expensive home sold in London in summer 2026?
The highest asking price of any London sale recorded on LonRes between July and September 2026 was £40m, for a freehold five-bedroom house of almost 10,000 sq ft in Belgravia, SW1W, sold in September through Savills (Sloane Street). In the country, the top asking price was £8m, for a waterside house in Cornwall.
Where can agents find sold prices rather than asking prices in London?
LonRes records achieved prices, what a home actually sold or let for, alongside asking prices in its Sales and Lettings Archives, contributed by more than 5,000 vetted property professionals. Public LonRes content, including this article, shows asking prices only. Subscribers can open each record to see the achieved figure, unless the agent has asked for it to stay confidential.
Sources
- Market figures: LonRes area overview reports for prime central London, prime London and the fringe. Sold and let July to September 2026; current availability as at 6 October 2026.
- Sales and lettings counts: LonRes Sales Archive and Lettings Archive, London, sold and let July to September 2026, as at 6 October 2026.
- Property selections and asking prices: LonRes Sales Archive and Lettings Archive, July to September 2026, retrieved 6 October 2026. Properties with an unknown agent, or not visible to other members, were excluded.
- Images: listing agents, via LonRes.
- Questions about the data: research@lonres.com