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Cannon Street market report EC4R, London
The EC4R (Cannon Street) house price history in full, 1995 to 2025, in cash and in today's money. The raw material for this page is 151 HM Land Registry entries for EC4R (London), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to March 2025 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the typical home in EC4R (London) sold for £625,000 in 2025, the median of 1 registered sales, down 5% on five years earlier. The mean was £625,000, and by floor area homes here have averaged about £7,850 per square metre over the last five years. The figures cover 151 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
EC4R is the postcode district covering Cannon 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 EC4R 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.
What EC4R homes really sell for
1 sales were registered in EC4R in 2025, and the middle one of them, the median, went for £625,000. The mean works out at £625,000, nearly identical to it, meaning sales cluster closely around the typical figure.
Price per square metre in EC4R
Measured by floor area, the last five years of EC4R sales average about £7,850 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
Set against the £285,000 England and Wales median, EC4R sits 119% above the national market.
The price of a typical EC4R home, 1995 to 2025
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.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2025 | £625,000 | £639,946 | 1 |
| 2023 | £625,000 | £686,722 | 1 |
| 2022 | £775,000 | £908,776 | 1 |
| 2019 | £660,000 | £865,102 | 2 |
| 2017 | £510,000 | £695,589 | 1 |
| 2016 | £470,000 | £657,535 | 2 |
| 2015 | £521,000 | £736,173 | 3 |
| 2014 | £900,000 | £1,276,807 | 2 |
| 2013 | £611,500 | £879,887 | 3 |
| 2012 | £570,000 | £838,969 | 11 |
| 2011 | £828,000 | £1,249,962 | 3 |
| 2009 | £200,000 | £321,502 | 4 |
| 2008 | £425,000 | £696,665 | 1 |
| 2007 | £522,500 | £886,306 | 2 |
| 2006 | £496,200 | £861,340 | 10 |
| 2005 | £690,000 | £1,227,922 | 4 |
| 2004 | £170,000 | £308,753 | 89 |
| 2002 | £214,000 | £402,639 | 1 |
| 2001 | £667,500 | £1,283,235 | 2 |
| 2000 | £165,000 | £323,813 | 7 |
| 1995 | £1,055,000 | £2,293,408 | 1 |
In cash terms the typical EC4R home went from £1,055,000 in 1995 to £625,000 in 2025, a -41% rise. In today's money the market has gone backwards by roughly 73%: a home here costs less in real terms now than it did in 1995. In inflation-adjusted terms the high-water mark was 1995. The market now sits about 72% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the EC4R median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2005 (+305.9% on the year before); the weakest, 2002 (−67.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 2 years (since 2023) | 0.0% | −3.5% |
| 6 years (since 2019) | −0.9% | −4.9% |
| 10 years (since 2015) | +1.8% | −1.4% |
| 20 years (since 2005) | −0.5% | −3.2% |
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.
The turnover behind the prices
Sales per year, counted
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The register shows 12 EC4R sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 16 sales a year before the financial crisis and 1 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
How EC4R trades
This is a thin market: 12 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching.
What tenants pay around EC4R
The local authority for EC4R is Westminster, and its ONS average private rent currently stands 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.
Against the £625,000 median purchase price, a rent of £3,163 a month (£37,956 a year) works out at a 6.1% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Common questions on EC4R (Cannon Street)
How much did a house sell for in EC4R (Cannon Street)?
Are property prices falling in EC4R (Cannon Street)?
Is EC4R (Cannon Street) a good place to buy a house?
Where do EC4R prices go next?
Prediction is not this page's business. Its business is the record, which says: the median is down 5% over five years in cash but down 28% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
EC4R's current homes for sale
Everything above is what homes in EC4R sold for. The live side of the market holds 3 homes at the moment, listed by 2 agents publishing to HomesIndex, at a typical asking price 8% above the EC4R median sold price.
33% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every EC4R home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
The price of an extra bedroom in EC
The Land Registry record, split by size: what each kind of home actually sold for across the EC area. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Flat | £560,050 | £825,000 (+47%) | £1,310,000 (+59%) | £1,882,500 (+44%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
EC4R ranks 7 of 17 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.
EC area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
How EC4R compares nearby
Same city, different markets. The neighbouring districts of the EC area, dearest first:
| District | Median | 5-year |
|---|---|---|
| EC2M | £2,084,000 | +75% |
| EC3A | £1,500,000 | +19% |
| EC4V | £890,000 | +27% |
| EC4Y | £846,500 | -3% |
| EC2Y | £784,100 | -3% |
| EC1M | £730,000 | -9% |
| EC1V | £695,000 | -20% |
| EC3R | £680,000 | -89% |
| EC1Y | £670,000 | -14% |
| EC4A | £665,000 | -19% |
| EC4R (this report) | £625,000 | -5% |
| EC1N | £615,000 | +11% |
| EC1R | £590,000 | -26% |
| EC4M | £550,000 | -8% |
| EC1A | £541,200 | -29% |
| EC3N | £490,000 | -16% |
| EC2A | £465,000 | -51% |
Before you sell in EC4R: what the record supports
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in EC4R, open the average prices map and zoom from the EC4R shading down to the sold homes on your own street. Every recorded EC4R sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim EC4R.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about EC4R. Free, with a one click sign in.
See every individual EC4R sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. 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.