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Where price per square metre fell most in 10 years

SW5 (London) leads this table: its median price per m² changed by −2.4% a year over 9.8 years, now £11,200 per m². W6 completes the top 24 at −0.1% a year. 24 postcode districts in England & Wales fell over the period and had at least 100 matched sales in the 12 months to August 2026. That matched count is the denominator the ranked median is computed over.

Ranked by the compound annual change in median price per square metre over about 10 years, across England & Wales. Only districts whose price per square metre fell appear here. 1 otherwise-eligible district is left out because its sales window is not 12 months.

Only 24 postcode districts in England & Wales had a falling price per m² over the period on enough matched sales to qualify, so this table is 24 rows rather than 50. Padding it out with districts that moved the other way would make the heading false.

  • SW5 London
    −2.4%a year

    101 matched of 107 sales · £11,200 per m² · London

  • SW7 Kensington, London
    −2.2%a year

    136 matched of 152 sales · £15,000 per m² · London

  • SW3 Chelsea, London
    −2.1%a year

    180 matched of 199 sales · £15,600 per m² · London

  • NW1 Marylebone, London
    −1.9%a year

    206 matched of 235 sales · £9,650 per m² · London

  • SW1V London
    −1.7%a year

    141 matched of 158 sales · £10,800 per m² · London

  • W2 Bayswater, London
    −1.1%a year

    258 matched of 290 sales · £11,400 per m² · London

  • NW8 St Johns Wood, London
    −0.9%a year

    153 matched of 168 sales · £11,100 per m² · London

  • E14 Isle of Dogs, London
    −0.8%a year

    572 matched of 606 sales · £6,760 per m² · London

  • SE1 Borough, London
    −0.8%a year

    477 matched of 553 sales · £8,750 per m² · London

  • W14 Holland Park, London
    −0.7%a year

    237 matched of 268 sales · £10,000 per m² · London

  • W8 Kensington, London
    −0.7%a year

    148 matched of 157 sales · £15,000 per m² · London

  • SW10 London
    −0.6%a year

    124 matched of 150 sales · £12,500 per m² · London

  • W12 Hammersmith, London
    −0.6%a year

    260 matched of 294 sales · £8,150 per m² · London

  • SE11 Kennington, London
    −0.5%a year

    123 matched of 127 sales · £7,840 per m² · London

  • E1 Aldgate, London
    −0.4%a year

    294 matched of 307 sales · £7,370 per m² · London

  • E1W London
    −0.4%a year

    138 matched of 140 sales · £8,050 per m² · London

  • TW8 Brentford
    −0.4%a year

    177 matched of 191 sales · £6,310 per m² · London

  • W3 Acton, London
    −0.3%a year

    345 matched of 370 sales · £7,190 per m² · London

  • W9 Maida Vale, London
    −0.3%a year

    238 matched of 273 sales · £10,100 per m² · London

  • NW3 Hampstead, London
    −0.2%a year

    360 matched of 412 sales · £11,600 per m² · London

  • NW4 London
    −0.2%a year

    142 matched of 155 sales · £5,870 per m² · London

  • SW13 Barnes, London
    −0.1%a year

    161 matched of 165 sales · £10,200 per m² · London

  • SW8 Kennington, London
    −0.1%a year

    263 matched of 276 sales · £8,190 per m² · London

  • W6 Hammersmith, London
    −0.1%a year

    269 matched of 291 sales · £9,380 per m² · London

Each trend line is that district’s own quarterly median price per square metre, scaled to its own range: compare directions, not heights. Gaps are quarters with too few matched sales to publish a median.

Frequently asked questions

How is this table ranked?

Postcode districts are ranked by their median price per square metre, the middle value of sold price divided by EPC floor area across every matched sale in the 12 months to August 2026. Every district shown had at least 100 matched sales in that window, so a rank is never built on a handful of transactions.

Why is a district missing from this table?

Either it had fewer than 100 matched sales in the 12 months to August 2026 (too thin a sample to rank honestly), or it sits outside England & Wales. The table shows the top 50 of 24 districts that qualified.

How current are these figures?

The whole dataset is rebuilt monthly from the current HM Land Registry release; this table covers sales in the 12 months to August 2026. Registrations lag sales by 2–8 weeks. The newest sales appear a month or two after completion.

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Contains HM Land Registry data © Crown copyright and database right 2026 · Licensed under the Open Government Licence v3.0 · Floor areas from the Energy Performance of Buildings Register · how these figures are made