Key indicators for buyers
The EC3R market is moderately favourable for buyers. Prices have softened (-6.1%), which could present a buying opportunity. Affordability has improved from a peak of 15.3x in 2015 to 11.1x today.
Yearly averages · HM Land Registry Price Paid Data
2025averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider City of London area
A home in City of London costs 11.1x the local median salary — very stretched, improving from a peak of 15.3x in 2015.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average City of London price of £3,039,261 with a 25% deposit (£760k), a 2-year fixed mortgage at 3.97% costs around £11,994 per month.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 28, WERNA HOUSE, 31, MONUMENT STREET EC3R 8BT | Flat/Maisonette | £450,000 | 15 Aug 2025 |
APARTMENT 2, 23, GREAT TOWER STREET EC3R 5AQ | Other | £4,300,000 | 15 May 2025 |
8 - 9, LOVAT LANE EC3R 8DW | Other | £4,260,000 | 21 Feb 2025 |
6, LOVAT LANE EC3R 8DT | Other | £1,300,000 | 7 Feb 2025 |
FLAT 19, WERNA HOUSE, 31, MONUMENT STREET EC3R 8BT | Flat/Maisonette | £680,000 | 3 Feb 2025 |
36 - 38, BOTOLPH LANE EC3R 8DE | Other | £9,584,824 | 30 Jan 2025 |
FLAT 26, WERNA HOUSE, 31, MONUMENT STREET EC3R 8BT |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in EC3R sold for £3,039,261 in 2025, with a median of £1,300,000 across 7 transactions. Prices fell 6.1% compared to the previous year.
| Flat/Maisonette |
| £700,000 |
| 24 Jan 2025 |
FLAT 1, SUGAR QUAY, 1, WATER LANE EC3R 6AL | Flat/Maisonette | £1,450,000 | 28 Nov 2024 |
FLAT 2, 22, LOVAT LANE EC3R 8EB | Flat/Maisonette | £600,000 | 25 Oct 2024 |
FLAT 4, WERNA HOUSE, 31, MONUMENT STREET EC3R 8BT | Flat/Maisonette | £578,000 | 9 Sept 2024 |
3, LOVAT LANE EC3R 8DT | Other | £10,715,000 | 23 Aug 2024 |
16 - 18, MONUMENT STREET EC3R 8AJ | Other | £217,573 | 2 Jul 2024 |
FLAT 161, SUGAR QUAY, 1, WATER LANE EC3R 6AP | Flat/Maisonette | £1,075,000 | 27 Jun 2024 |
FLAT 45, SUGAR QUAY, 1, WATER LANE EC3R 6AL | Flat/Maisonette | £1,250,000 | 26 Jun 2024 |
8 - 9, LOVAT LANE EC3R 8DW | Other | £4,260,000 | 21 Mar 2024 |
36 - 38, BOTOLPH LANE EC3R 8DE | Other | £8,985,000 | 12 Feb 2024 |
FLAT 69, SUGAR QUAY, 1, WATER LANE EC3R 6AL | Flat/Maisonette | £770,000 | 21 Dec 2023 |
FLAT 1, 6, BOTOLPH ALLEY EC3R 8DR | Flat/Maisonette | £450,000 | 20 Dec 2023 |
15, NEW LONDON STREET EC3R 7NA | Other | £56,500,000 | 21 Sept 2023 |
PINNACLE HOUSE, 23 - 26, ST DUNSTANS HILL EC3R 8HN | Other | £5,892,156 | 11 Sept 2023 |
The most recent recorded sale in EC3R was a flat/maisonette property on Monument Street for £450,000 in August 2025. Across the last 20 sales, the median price was £1,300,000.