London House Prices
By Tube Station 2023
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Throughout our time as an online estate agent, SOLD.CO.UK has been dedicated to helping our customers find the right property deals for them.
We understand that everybody is different and that there are always a range of reasons why you might be looking to move in or around London. However, there is one thing that everybody is interested in, the price.
Our goal was to provide a resource to our customers that helped to break down the London housing market and make it clear where the best places to buy a new home were. That’s why we started the project to produce a map of London house prices, so that we could help people find, not just affordable
and cheap houses for sale in London, but the home that was right for them.
Anyone who has lived in London will know that one of the only realistic ways to effectively travel around is via public transport.
That’s why we’ve put together a roundup of the average house prices of each London Underground line.
This popular mode of transport is an essential part of daily life for Londoners, and where the nearest tube stations are, and how well connected they are can influence big life decisions – such as where to buy a house.
We have gone through all of the active tube stations on the London Underground and found the average property price for that area.
Some of the data that has emerged on the London property market reveal some incredibly interesting insights into the current, and the future state, of the London housing market.
Hoping to sell your house fast in London, or any other part of the country? Don’t hesitate to get in touch with Sold.co.uk today, or get a valuation on your house in London now.
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London’s Most Expensive Tube Lines
1st – Circle Line
Average house price – £ 1,329,792
51% of average house prices on the Circle Line are above £1 million. Furthermore, the entire line of 35 stations do not have a location cheaper than £609,965 (Aldgate).
High Street Kensington takes the crown for the most expensive location on the Circle Line, with an average property costing an unbelievable £3,146,600.
Sloane Square comes second at £3,015,195, with Great Portland Street, St. James’s Park, Notting Hill Gate, and South Kensington following closely with prices within the £2 million bracket.
The remaining tube stops above a £1 million all reside in London’s Zone 1 and include the likes of Westminster, Victoria, Paddington and Baker Street – besides properties in Ladbroke Grove (Zone 2), which average at £1,123,882.
Circle Line by Sold.co.uk
Most expensive Circle Line tube stops:
- High Street Kensington – £3,146,600
- Sloane Square – £3,015,195
- Great Portland Street – £2,430,860
- James’s Park – £2,400,139
- Notting Hill Gate – £2,392,673
Least expensive Circle Line tube stops:
- Aldgate – £609,965
- Edgware Road – £653,000
- Shepherd’s Bush Market – £668,646
- Goldhawk Road – £688,521
- Monument – £775,000
2nd – Jubilee Line
Average house price – £1,176,869
The Jubilee Line spans from Stanmore in Zone 5 down to the likes of Stratford, West Ham, and Canning Town. The line opened in 1979 and soon became an intrinsic part of city life. Today, the line has grown significantly and is home to 27 stations, many of the more central locations shared with the Metropolitan Line.
Given that over half of the stops along this line are shared with the Central, Victoria, Metropolitan and District Lines, it makes sense that the Jubilee Line takes the spot as the second most expensive to live on in the city.
The dizzying average house price of £7,608,736 in Bond Street tops the list followed by the familiar Green Park, St. John’s Wood, Baker Street, and Southwark. A further 22 of the Jubilee Line’s stations vaunt an average property price of over £658,987.
Potential property buyers hoping to buy outside of Zone 1 and 2 on the Jubilee Line will still need a minimum 10% deposit of around £55,000 to secure a home.
Jubilee Line by Sold.co.uk
The top 5 most expensive Jubilee Line tube stops are:
- Bond Street – £7,608,736
- Green Park – £5,463,846
- John’s Wood – £1,659,756
- Baker Street – £1,472,120
- Southwark – £1,073,300
The Jubilee Line’s most affordable tube stops:
- West Ham – £331,528
- Neasden – £384,000
- Queensbury – £437,499
Stratford – £471,066
3rd – Victoria Line
Average house price – £ 1,175,403
The Victoria Line spans London’s inner-city Fare Zones 1 to 3. With the average price of a property on the line a staggering £1,175,403 it is no surprise that it is the third most expensive in the capital. The Victoria Line is one of London’s most well-trodden and it was the first deep level underground line to be built in the capital since 1907.
The line’s most expensive location to live is Green Park, with an average property price of £5,463,846. The Zone 1 station is not alone, with Oxford Circus, Warren Street, Victoria, and Highbury & Islington, all with average asking prices over £1 million.
This cluster of locations are located in Central London, providing unparalleled transport links and easy access to workplaces, retail, and leisure opportunities.
This sort of access comes at a premium. Even areas which were once considered more affordable in the city, such as Vauxhall and Brixton have unachievable property values, particularly for first time buyers, and gentrification is to blame.
Brixton is slightly easier at £546,430 but a property in Vauxhall will set you back an average of £955,935– you’d need a deposit of just over £95,000.
Victoria Line by Sold.co.uk
The top 5 most expensive Victoria Line tube stops are:
- Green Park – £5,463,846
- Oxford Circus – £1,870,020
- Warren Street – £1,578,929
- Victoria – £1,491,832
- Highbury & Islington – £1,186,496
Victoria Line’s 5 least expensive tube stops:
- Tottenham Hale – £353,395
- Seven Sisters – £477,879
- Blackhorse Road – £480,480
- Brixton – is £546,430
- Walthamstow Central – £557,185
London’s Least Expensive Tube Lines
1st – DLR
Average house price – £504,102
Greeting 92.3 million passengers per year, the DLR Line is one of the most important routes on the London Underground system. The line opened in 1987 when it only had 15 stops, and has had six more expansions since that time, until 2009, when it was finally complete. The DLR is also the only line – besides Piccadilly – to connect to an airport in London. The DLR can take you straight to London City Airport.
If you were thinking of purchasing a property on the DLR you would need an average deposit around £50,500 as property prices tend to hover around £504,102. Over half of the DLR’s stations have an average property below £500,000, all of which are Zones 2 to 3 locations. The top three most expensive are Tower Gateway (£976,553), Canary Wharf (£861,004) and Bank (£810,608).
DLR by Sold.co.uk
DLR’s 5 most expensive tube stops:
- Tower Gateway – £976,553
- Canary Wharf – £861,004
- Bank – £810,608
- Greenwich – £800,905
- Heron Quays – £701,125
For budget-conscious buyers, the five least expensive DLR tube stops are:
- Royal Albert – £314,800
- West Ham – £331,528
- London City Airport – £335,500
- Beckton – £341,025
- King George V – £359,000
2nd – Elizabeth Line
Average house price – £721,043
Covering 73 miles, and hosting 40 stations, the Elizabeth Line is the newest on the London Underground. From Reading to Shenfield, the Elizabeth Line spans way beyond even Zone 9. As the line ebbs away in lateral directions the tube stations typically lie in more residential areas and benefit the countless workers who want a direct line into the city upon their daily commute.
The difference in average property price between the Central Line’s cheapest and most expensive tube stops to live is a monumental £7,388,990. Properties in Slough cost an average of £219,746 whereas the typical home in Bond Street would set you back £7,608,736.
Despite 15 stations on the central line having an average property price of over £500,000, the reason the Elizabeth Line is the second cheapest in London is due to the abundance of properties below this threshold. If a location in Zone 2 is important to you, Stratford would be a good choice, with properties coming in at an average of £471,066. Manor Park sits between Zones 3-4, with homes available for under £500,000.
Besides Hainault, most of the cheaper locations on the Elizabeth Line fall into the £300,000 to £400,000 bracket, with Slough, Iford, and Romford all falling within £200,000.
Elizabeth Line by Sold.co.uk
The top 5 most expensive Elizabeth Line tube stops are:
- Bond Street – £7,608,736
- Tottenham Court Road – £1,350,167
- Paddington – £1,119,232
- Shenfield – £1,007,763
- Liverpool Street – £1,007,375
The five least expensive Elizabeth Line tube stops are:
- Slough – £219,746
- Ilford – £262,538
- Romford – £292,358
- Taplow – £326,250
- Chadwell Heath – £330,183
3rd – Metropolitan Line
Average house price – £767,707
Colloquially known as the Met, the Metropolitan Line is a behemoth spanning 40 miles and home to 34 stations.
Properties on this line are some of the most affordable in the city, with an average property price of £767,707. However, there are some surprises when you delve into specific locations. Generally speaking, the further you head out of central London, the cheaper the property prices are.
However, there are exceptions. You could live on the Met line’s Zone 6 Uxbridge for £359,830; the cheapest location on the line.
Seven of the line’s stations boast properties available for under £500,000, closely followed by Zone 4 station, Wembley Park, which stands at an average property price of £506,567. Surprisingly, the cheapest and most central location on the Metropolitan Line is Aldgate, with an average property price of £609,965.
As you would predict the most expensive properties well into the millions are located around Great Portland Street, Finchley Road and Baker Street.
However, there were some surprising entries edging towards the top. Chalfont & Latimer and Moor Park – both Zone 6 stations – are more expensive to buy a house in than King’s Cross St. Pancras.
The Metropolitan Line’s most expensive stops are:
- Great Portland Street – £2,430,860
- Moor Park – £1,534,650
- Baker Street – £1,472,120
- Euston Square – £1,093,833
- Barbican – £1,088,221
For those seeking budget-friendly options, the five least expensive Metropolitan Line tube stops are:
- Uxbridge – £359,830
- Chesham – £385,024
- West Harrow – £441,704
- Harrow-on-the-Hill – £442,660
- Preston Road – £454,250
About Sold.co.uk
There are different routes to take when selling your home: the traditional route, with a high street estate agent, the more modern way with an online estate agent, and if you’re hoping to sell in a hurry, there are numerous cash buying companies out there. Sold.co.uk is a hybrid of all three, and will find the best solution to get your property sold. With the opportunity to sell your home in as little as 7 days, Sold.co.uk help those in need of a fast sale on their house, making selling your home sale as stress-free as possible.