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EC3V local market report London

Every figure on this page comes from the public record: 93 sales registered with HM Land Registry in EC3V (London) since 1996, 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 January 2020. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

EC3V is the postcode district covering Cornhill, Gracechurch Street, Lombard Street in London. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where EC3V sits

Click the map to open EC3V on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

EC2NEC2REC3MEC3REC4NEC4REC3AEC2VEC3NEC4MEC3V
£18,650,000median sold price, 2024
+503%five-year change (cash)
7sales in the last 12 months
0.2%gross rental yield (est.)

What a home in EC3V sells for

The 2024 median in EC3V is £18,650,000, from 7 registered sales; the mean, £21,194,100, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £274,000, so EC3V trades 6707% above the country as a whole.

The price of a typical EC3V home, 1996 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)
£12.5M£25M£37.5M£50M201520202024 1996: £175,000 at the time · £360,448 in today's money · 5 sales1998: £153,000 at the time · £301,629 in today's money · 7 sales2014: £26,100,000 at the time · £36,162,651 in today's money · 7 sales2015: £52,100 at the time · £71,898 in today's money · 5 sales2016: £32,000,000 at the time · £43,722,772 in today's money · 7 sales2017: £725,000 at the time · £965,734 in today's money · 7 sales2018: £3,093,500 at the time · £4,027,387 in today's money · 8 sales2020: £470,600 at the time · £596,353 in today's money · 6 sales2024: £18,650,000 at the time · £19,365,688 in today's money · 7 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2024£18,650,000£19,365,6887
2020£470,600£596,3536
2018£3,093,500£4,027,3878
2017£725,000£965,7347
2016£32,000,000£43,722,7727
2015£52,100£71,8985
2014£26,100,000£36,162,6517
1998£153,000£301,6297
1996£175,000£360,4485

In cash terms the typical EC3V home went from £175,000 in 1996 to £18,650,000 in 2024, roughly 107 times the price. Even after inflation that is a real rise of about 5074%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2016; the current median sits about 56% below that. Someone who bought at the 2016 peak has not yet seen that price back in real terms.

Annualised returns

PeriodCash, per yearReal terms, per year
4 years (since 2020)+150.9%+138.7%
6 years (since 2018)+34.9%+29.9%
10 years (since 2014)−3.3%−6.1%
26 years (since 1998)+20.3%+17.4%

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.

510 1996: 5 sales1998: 7 sales2014: 7 sales2015: 5 sales2016: 7 sales2017: 7 sales2018: 8 sales2020: 6 sales2024: 7 sales201520202024

EC3V recorded 7 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 EC3V

EC3V 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 £18,650,000 median sold price, £3,163 a month is £37,956 a year, a gross yield of 0.2%: 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 EC3V prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 503% over five years in cash and up 363% 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.

Ladders and snakes: five-year risers and fallers

EC3V ranks 2 of 21 in the EC area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.

Five-year change in the median, EC area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

EC2VEC2V · +715% over five years · median £10,655,000+715%EC3VEC3V · +503% over five years · median £18,650,000+503%EC4MEC4M · +394% over five years · median £592,500+394%EC3AEC3A · +283% over five years · median £1,914,900+283%EC2MEC2M · +176% over five years · median £3,377,500+176%EC1NEC1N · −40% over five years · median £552,100−40%EC2AEC2A · −51% over five years · median £465,000−51%EC1AEC1A · −55% over five years · median £665,000−55%EC2REC2R · −72% over five years · median £1,850,000−72%EC4REC4R · −74% over five years · median £547,500−74%

How EC3V compares nearby

Same city, different markets. The neighbouring districts of the EC area, dearest first:

DistrictMedian5-year
EC4N£91,500,000+1104%
EC3V (this report)£18,650,000+503%
EC2V£10,655,000+715%
EC3M£4,028,100-28%
EC2M£3,377,500+176%
EC3A£1,914,900+283%
EC2R£1,850,000-72%
EC3R£1,300,000+159%
EC4Y£765,000-37%
EC1V£745,000-17%
EC1A£665,000-55%
EC2Y£665,000-17%
EC1M£660,000-27%
EC4V£637,500-32%
EC1Y£615,000-23%
EC1R£595,000-25%
EC4M£592,500+394%
EC1N£552,100-40%
EC4R£547,500-74%
EC4A£537,500+6%
EC3N£520,000-29%
EC2A£465,000-51%

Dig further

See every individual EC3V sale on the live map, mapped to the exact address, or the quick-reference EC3V 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.