Areas of London where prices have fallen most over 5 years

The London neighbourhoods whose price per square foot has fallen most over five years. Figures for the 12 months to Aug 2026. Church Street, in Westminster, comes first at −44%, with homes at £872 per sq ft. London's median is £600 per sq ft.

Areas of London where prices have fallen most over 5 years
#	Area	Borough	5y change	£/sq ft	Sales (12 mo)
1	Church Street	Westminster	−44%	£872	20
2	Old Oak & Wormwood	Hammersmith and Fulham	−42%	£766	36
3	Blackwall	Tower Hamlets	−36%	£642	38
4	Hatton Garden & Theobalds Road	Camden	−36%	£842	25
5	Canary Wharf	Tower Hamlets	−30%	£774	61
6	Old Street & St Luke's	Islington	−28%	£877	41
7	Central Croydon	Croydon	−25%	£419	31
8	Lambeth North, Waterloo & South Bank	Lambeth	−23%	£879	42
9	Ealing Broadway East	Ealing	−23%	£752	34
10	Earl's Court	Kensington and Chelsea	−23%	£1,014	31
11	Millwall North	Tower Hamlets	−23%	£643	42
12	Bethnal Green North East	Tower Hamlets	−22%	£692	24
13	Mill Meads	Newham	−22%	£535	38
14	Leamouth	Tower Hamlets	−22%	£674	71
15	Southall West	Ealing	−21%	£524	29
16	Aldgate	Tower Hamlets	−19%	£719	61
17	Hoxton South & East	Hackney	−19%	£822	33
18	Bow South	Tower Hamlets	−19%	£615	90
19	Beckton	Newham	−18%	£478	42
20	Elephant & Castle	Southwark	−18%	£664	36
21	York Gardens	Wandsworth	−18%	£629	40
22	Stonebridge	Brent	−18%	£507	26
23	Queen's Gate	Kensington and Chelsea	−17%	£1,202	33
24	Colindale East	Barnet	−17%	£564	66
25	Kidbrooke South	Greenwich	−16%	£578	110
26	Fitzrovia West & Soho	Westminster	−16%	£1,269	39
27	Cockfosters & Hadley Wood	Enfield	−16%	£573	41
28	Kensington Abingdon	Kensington and Chelsea	−16%	£1,239	39
29	Cubitt Town	Tower Hamlets	−16%	£607	34
30	London Bridge & Bermondsey West	Southwark	−15%	£768	55
31	St John's Wood North	Westminster	−15%	£1,021	53
32	Marylebone & Park Lane	Westminster	−15%	£1,417	34
33	Victoria	Westminster	−15%	£1,023	29
34	Queensway	Westminster	−14%	£985	38
35	Woolwich Arsenal	Greenwich	−14%	£605	85
36	Westbourne	Westminster	−14%	£766	22
37	Silvertown & Royal Wharf	Newham	−14%	£590	97
38	Limehouse East	Tower Hamlets	−14%	£573	56
39	Charlton Riverside & Woolwich Dockyard	Greenwich	−14%	£495	29
40	Shadwell Basin & Ratcliffe	Tower Hamlets	−14%	£574	37
41	Wandsworth South	Wandsworth	−14%	£665	90
42	Shoreditch	Hackney	−14%	£838	29
43	Canning Town South & Bow Creek	Newham	−14%	£553	73
44	Kensington Gardens	Kensington and Chelsea	−13%	£1,084	57
45	Brompton	Kensington and Chelsea	−13%	£1,418	43
46	Poplar Leaside	Tower Hamlets	−13%	£611	44
47	North Kensington	Kensington and Chelsea	−13%	£962	31
48	Notting Hill South	Kensington and Chelsea	−13%	£1,438	60
49	Deptford North	Lewisham	−13%	£595	35
50	Vauxhall South	Lambeth	−12%	£830	103

How this is worked out

The change in each neighbourhood's median price per square foot between the 12 months to five years ago and the latest 12 months. Both ends need at least 20 sales. Read the full methodology.

More rankings

Looking for something more specific? The area screener finds areas by price, yield, growth, stations, flood risk and more.

Areas of London where prices have fallen most over 5 years

Areas of London where prices have fallen most over 5 years
#	Area	Borough	5y change	£/sq ft	Sales (12 mo)
1	Church Street	Westminster	−44%	£872	20
2	Old Oak & Wormwood	Hammersmith and Fulham	−42%	£766	36
3	Blackwall	Tower Hamlets	−36%	£642	38
4	Hatton Garden & Theobalds Road	Camden	−36%	£842	25
5	Canary Wharf	Tower Hamlets	−30%	£774	61
6	Old Street & St Luke's	Islington	−28%	£877	41
7	Central Croydon	Croydon	−25%	£419	31
8	Lambeth North, Waterloo & South Bank	Lambeth	−23%	£879	42
9	Ealing Broadway East	Ealing	−23%	£752	34
10	Earl's Court	Kensington and Chelsea	−23%	£1,014	31
11	Millwall North	Tower Hamlets	−23%	£643	42
12	Bethnal Green North East	Tower Hamlets	−22%	£692	24
13	Mill Meads	Newham	−22%	£535	38
14	Leamouth	Tower Hamlets	−22%	£674	71
15	Southall West	Ealing	−21%	£524	29
16	Aldgate	Tower Hamlets	−19%	£719	61
17	Hoxton South & East	Hackney	−19%	£822	33
18	Bow South	Tower Hamlets	−19%	£615	90
19	Beckton	Newham	−18%	£478	42
20	Elephant & Castle	Southwark	−18%	£664	36
21	York Gardens	Wandsworth	−18%	£629	40
22	Stonebridge	Brent	−18%	£507	26
23	Queen's Gate	Kensington and Chelsea	−17%	£1,202	33
24	Colindale East	Barnet	−17%	£564	66
25	Kidbrooke South	Greenwich	−16%	£578	110
26	Fitzrovia West & Soho	Westminster	−16%	£1,269	39
27	Cockfosters & Hadley Wood	Enfield	−16%	£573	41
28	Kensington Abingdon	Kensington and Chelsea	−16%	£1,239	39
29	Cubitt Town	Tower Hamlets	−16%	£607	34
30	London Bridge & Bermondsey West	Southwark	−15%	£768	55
31	St John's Wood North	Westminster	−15%	£1,021	53
32	Marylebone & Park Lane	Westminster	−15%	£1,417	34
33	Victoria	Westminster	−15%	£1,023	29
34	Queensway	Westminster	−14%	£985	38
35	Woolwich Arsenal	Greenwich	−14%	£605	85
36	Westbourne	Westminster	−14%	£766	22
37	Silvertown & Royal Wharf	Newham	−14%	£590	97
38	Limehouse East	Tower Hamlets	−14%	£573	56
39	Charlton Riverside & Woolwich Dockyard	Greenwich	−14%	£495	29
40	Shadwell Basin & Ratcliffe	Tower Hamlets	−14%	£574	37
41	Wandsworth South	Wandsworth	−14%	£665	90
42	Shoreditch	Hackney	−14%	£838	29
43	Canning Town South & Bow Creek	Newham	−14%	£553	73
44	Kensington Gardens	Kensington and Chelsea	−13%	£1,084	57
45	Brompton	Kensington and Chelsea	−13%	£1,418	43
46	Poplar Leaside	Tower Hamlets	−13%	£611	44
47	North Kensington	Kensington and Chelsea	−13%	£962	31
48	Notting Hill South	Kensington and Chelsea	−13%	£1,438	60
49	Deptford North	Lewisham	−13%	£595	35
50	Vauxhall South	Lambeth	−12%	£830	103

How this is worked out

The change in each neighbourhood's median price per square foot between the 12 months to five years ago and the latest 12 months. Both ends need at least 20 sales. Read the full methodology.

More rankings

Looking for something more specific? The area screener finds areas by price, yield, growth, stations, flood risk and more.