Key indicators for buyers
The EC4M market is moderately favourable for buyers. Prices have softened (-94.9%), 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 £550,000 with a 25% deposit (£138k), a 2-year fixed mortgage at 3.97% costs around £2,170 per month.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
15, 1 - 3, LUDGATE SQUARE EC4M 7AS | Flat/Maisonette | £625,000 | 21 Aug 2025 |
FLAT 1, 12, WELL COURT EC4M 9DN | Flat/Maisonette | £475,000 | 28 Mar 2025 |
19 - 20, LUDGATE HILL EC4M 7AE | Other | £3,350,000 | 20 Sept 2024 |
2, BOW LANE EC4M 9EE | Other | £34,650,000 | 9 Sept 2024 |
UNIT 7A, 1, PATERNOSTER SQUARE EC4M 7DX | Other | £24,500,000 | 13 Jun 2024 |
FLAT 8, 3, LUDGATE SQUARE EC4M 7AS | Flat/Maisonette | £490,000 | 30 Apr 2024 |
FLAT 11, 3, LUDGATE SQUARE EC4M 7AS | Flat/Maisonette |
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 EC4M sold for £550,000 in 2025, with a median of £550,000 across 2 transactions. Prices fell 94.9% compared to the previous year.
| £700,000 |
| 17 Apr 2024 |
FLAT 11, AMEN LODGE, WARWICK LANE EC4M 7BY | Flat/Maisonette | £900,000 | 2 Apr 2024 |
FLAT 6, LAMBERT HOUSE, 2, LUDGATE SQUARE EC4M 7AS | Flat/Maisonette | £750,000 | 10 Nov 2023 |
UNIT SU25, ONE NEW CHANGE, 15, NEW CHANGE PASSAGE EC4M 9AG | Other | £138,000 | 28 Sept 2023 |
WATLING HOUSE, 33, CANNON STREET EC4M 5SB | Other | £67,370,530 | 30 Aug 2023 |
3, 1 - 3, LUDGATE SQUARE EC4M 7AS | Flat/Maisonette | £431,596 | 4 Aug 2023 |
21, 1 - 3, LUDGATE SQUARE EC4M 7AS | Flat/Maisonette | £660,000 | 24 Mar 2023 |
22, 1 - 3, LUDGATE SQUARE EC4M 7AS | Flat/Maisonette | £975,000 | 18 Nov 2022 |
SECOND FLOOR EAST, 25, WATLING STREET EC4M 9BR | Other | £178,848 | 5 Oct 2022 |
15, 1 - 3, LUDGATE SQUARE EC4M 7AS | Flat/Maisonette | £697,000 | 5 Aug 2022 |
FLAT 6, THE GALLERY, 38, LUDGATE HILL EC4M 7DE | Flat/Maisonette | £550,000 | 11 Jul 2022 |
FLAT 14, LAMBERT HOUSE, 2, LUDGATE SQUARE EC4M 7AS | Flat/Maisonette | £870,000 | 7 Mar 2022 |
FLAT 7, THE GALLERY, 38, LUDGATE HILL EC4M 7DE | Flat/Maisonette | £980,000 | 14 Feb 2022 |
SIXTH FLOOR, BOW BELLS HOUSE, BREAD STREET EC4M 9BE | Other | £499,999 | 17 Jan 2022 |
The most recent recorded sale in EC4M was a flat/maisonette property on Ludgate Square for £625,000 in August 2025. Across the last 20 sales, the median price was £700,000.