HomesIndex

Local market reportsEC areaEC2M › EC2M 3

EC2M 3 local market report London

Every figure on this page comes from the public record: 9 sales registered with HM Land Registry in EC2M 3 (London) since 2014, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to 2024. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

EC2M 3 is a postcode sector: one group of streets inside EC2M (London). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.

Where EC2M 3 sits

Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.

£1,445,500median sold price, 2024
+748%five-year change (cash)
3sales in the last 12 months
2.6%gross rental yield (est.)

What a home in EC2M 3 sells for

The 2024 median in EC2M 3 is £1,445,500, from 3 registered sales; the mean, £10,125,000, sits well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

For scale: the England and Wales median is £273,500, so EC2M 3 trades 429% above the country as a whole.

The price of a typical EC2M 3 home, 2014 to 2024

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£25M£50M£75M£100M20152024 2014: £286,000 at the time · £396,265 in today's money · 1 sales2015: £257,600 at the time · £355,488 in today's money · 1 sales2016: £425,000 at the time · £580,693 in today's money · 1 sales2017: £1,000,000 at the time · £1,332,046 in today's money · 1 sales2018: £43,033,800 at the time · £56,025,136 in today's money · 1 sales2019: £170,400 at the time · £218,137 in today's money · 1 sales2024: £1,445,500 at the time · £1,500,971 in today's money · 3 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2024£1,445,500£1,500,9713
2019£170,400£218,1371
2018£43,033,800£56,025,1361
2017£1,000,000£1,332,0461
2016£425,000£580,6931
2015£257,600£355,4881
2014£286,000£396,2651

In cash terms the typical EC2M 3 home went from £286,000 in 2014 to £1,445,500 in 2024, roughly 5 times the price. Even after inflation that is a real rise of about 265%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2018; the current median sits about 97% below that. Someone who bought at the 2018 peak has not yet seen that price back in real terms.

Annualised returns

PeriodCash, per yearReal terms, per year
5 years (since 2019)+53.4%+47.1%
5 years (since 2019)+53.4%+47.1%
10 years (since 2014)+17.6%+14.2%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

35 2014: 1 sales2015: 1 sales2016: 1 sales2017: 1 sales2018: 1 sales2019: 1 sales2024: 3 sales20152024

EC2M 3 recorded 3 sales in the last twelve months of data. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around EC2M 3

EC2M 3 falls under Westminster, where the ONS puts the average private rent at £3,163 a month (May 2026 figures). A one-bed averages £2,517 a month here and a four-or-more-bed £5,378, so size does most of the work in setting the rent.

Average monthly rent by size, Westminster

ONS Price Index of Private Rents, May 2026.

1 bed: £2,517 a month£2,5171 bed2 bed: £3,268 a month£3,2682 bed3 bed: £3,849 a month£3,8493 bed4+ bed: £5,378 a month£5,3784+ bed

Set against the £1,445,500 median sold price, £3,163 a month is £37,956 a year, a gross yield of 2.6%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will EC2M 3 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 748% over five years in cash and up 563% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

The risers and the fallers

The spread across the EC area is the point: the same five years treated these districts very differently.

Other street groups in EC2M

Prices can differ sharply between two sectors a few minutes' walk apart. The rest of EC2M, each linking to its own report:

SectorMedian (latest)Sales that year
EC2M 4£1,126,4002

Zoom out to the full EC2M district report for the type split, monthly volumes and how EC2M compares with its neighbours.

Dig further

Answers come from the same Land Registry data behind this report, and the AI knows you are asking about EC2M 3. Free, with a one click sign in.

See every individual EC2M 3 sale on the live map, mapped to the exact address, or the quick-reference EC2M 3 price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.

Advertisement Heatable advertisement