You are here: Property Solvers Home Homeowners Hub London House Prices House Prices in Covent Garden

Covent Garden House Prices

The average house price in Covent Garden is £937,500 using HM Land Registry data.

The average property price decreased by £620,783 (-29.5%) over the last 5 years and decreased by £124,102 (-7.72%) over the last 12 months.

Over the last year, there were 25 residential property sales – a decrease of 19 transactions (-76.00%) relative to the previous year. The majority of house sales (10) were in the £590,000 - £1,200,000 range. Then came properties in the £1,200,000 - £1,810,000 range, where 6 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,125 (-2%).

In Jul 2026, there were 20 new estate agency instructions, 8 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in Covent Garden

-29.5%

Property prices in Covent Garden decreased by -29.5% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Covent Garden Over the Last Year

-7.72%

Property prices in Covent Garden decreased by -7.72% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Covent Garden - Jul 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Covent Garden

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Covent Garden

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Covent Garden

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Covent Garden since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Covent Garden area since 1995.

Recent Property Sales in Covent Garden

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Apartment 304, 335 Marconi House, Strand, London, WC2R 1HA	£600,000	£575,000	-£25,000	05 Feb 2026	14 May 2026	98 Days
Flat 4, 12, King Street, Covent Garden, London, WC2E 8HN	£1,500,000	£1,500,000	£0	20 Jun 2025	03 Oct 2025	105 Days
Flat 5, 8, Bedford Court, London, WC2E 9LU	£450,000	£430,000	-£20,000	04 Feb 2025	17 Jun 2025	133 Days

Most Expensive Streets in Covent Garden

Postcode	Street	Area	Average	No. of Sales
WC2E 7QH	Southampton Street	London	£3,138,333	3
WC2A 2AT	Portugal Street	London	£2,973,643	28
WC2R 1AB	Wren House	Strand	£2,693,144	13
WC2E 9DS	Floral Street	London	£2,369,437	6
WC2N 6HA	John Adam Street	London	£1,775,142	7
WC2R 3AT	Essex Street	London	£1,766,666	3
WC2B 4AY	Kean Street	London	£1,655,000	7
WC2E 8HN	King Street	Covent Garden	£1,653,333	3
WC2R 1BE	Strand	London	£1,545,000	5
WC2B 5TA	Drury Lane	London	£1,375,000	3

Least Expensive Streets in Covent Garden

Postcode	Street	Area	Average	No. of Sales
WC2B 5SF	Beaumont Buildings	Martlett Court	£451,666	3
WC2E 7NT	Siddons Court	Tavistock Street, London	£582,400	5
WC2B 4AZ	Kean Street	London	£808,333	3
WC2R 1HA	Marconi House	Strand	£919,777	9
WC2N 6EG	Buckingham Street	London	£960,000	3
WC2E 9DP	Floral Street	London	£965,000	3
WC2B 5QN	Broad Court	London	£1,074,416	6
WC2N 4BN	Bedfordbury	London	£1,119,166	3
WC2E 7NZ	Tavistock Street	London	£1,131,285	7
WC2R 0PP	Exchange Court	London	£1,190,000	4