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Housing prices in Camden

How average house prices and rents are changing in Camden.

In Camden:

House price £762,000

The average house price in Camden was £762,000 in April 2024 (provisional), down 12.9% from April 2023. This was steeper than the fall in London (3.9%) over the same period.

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Monthly rent £2,515

Private rents rose to an average of £2,515 in May 2024, an annual increase of 8.1% from £2,328 in May 2023. This was lower than the rise in London (10.1%) over the year.

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First-time buyers £646,000

The average price paid by first-time buyers was £646,000 in April 2024 (provisional). This was 12.8% lower than the average of £741,000 in April 2023 (revised).

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Mortgage buyers £772,000

For homes bought with a mortgage, the average house price was £772,000 in April 2024 (provisional). This was 12.8% lower than the average of £886,000 in April 2023 (revised).

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Warning:

Local housing data are based on a smaller number of properties than our national estimates. This means that short-term trends are more variable. We advise looking at trends over a year or longer.

We regularly revise our house prices estimates. UK-level rent estimates for the latest two months, and all house price data, are provisional and subject to revision.

Figures in this article are not seasonally adjusted.

You may also be interested in our recent analysis of which local areas of England and Wales have been most and least exposed to rising mortgage and rent costs during 2023.

Average house price in Camden was £762,000 in April 2024

The provisional average house price in Camden in April 2024 was £762,000. This was lower than the average of £875,000 in April 2023 (revised), a 12.9% fall.

Annual change in house prices in Camden

House price annual inflation, Camden, January 2005 to April 2024

Across London, the average house price in April 2024 was £502,000, which was less than a year earlier (£522,000).

This meant that, in April 2024, Camden had the fourth highest average house price in London.

Across Great Britain, a home sold for an average of £284,000 in April 2024, which was up slightly from the April 2023 average of £281,000.

In the year to April 2024, the average price for flats in Camden fell by 12.7%, while the average price for detached properties decreased by 20.0%.

Change in house price by type of property in Camden

Provisional figure for 12-month change in house price, by property type, April 2024

For each property type, average prices as of April 2024 in Camden were:

  • Detached properties: £2,676,000
  • Semi-detached properties: £1,901,000
  • Terraced properties: £1,247,000
  • Flats and maisonettes: £678,000

Average private rents rose in Camden

The average monthly private rent in Camden was £2,515 in May 2024. This was an increase from £2,328 in May 2023, a 8.1% rise.

Annual change in rents in Camden

Private rental price annual inflation, Camden, January 2016 to May 2024

Across London, the average monthly rent was £2,086, up from £1,894 a year earlier.

Across Great Britain, the average rent price in May 2024 was £1,262, which was up from £1,161 in May 2023.

Average rent in Camden compared with London

Average rental price, May 2024

In Camden, the average rent for semi-detached properties rose by 8.3%, while for terraced properties, it increased by 7.6%.

Average rent for one bed properties rose by 8.4%, while the average for four-or-more bed properties increased by 7.1%.

Change in average rents by bedroom number in Camden

Monthly private rental price, annual inflation, May 2024

By how many bedrooms there are in a property, average rents as of May 2024 in Camden were:

  • One bedroom: £1,821
  • Two bedrooms: £2,333
  • Three bedrooms: £2,748
  • Four or more bedrooms: £3,635

Taking the data instead by property type, average rents were:

  • Flats and maisonettes: £2,148
  • Terraced properties: £3,096
  • Semi-detached properties: £3,380
  • Detached properties: £2,611

First-time buyers in Camden paid £646,000 on average in April 2024

The provisional average price paid by first-time buyers was £646,000 in April 2024. This was lower than the revised April 2023 average of £741,000.

First-time buyer house price in Camden compared with London

Average house price for first-time buyers in April 2024

In comparison, home-movers in Camden paid an average of £897,000 in April 2024. This was lower than £1,032,000 a year earlier.

In April 2024, the average price was £573,000 in London and £326,000 in Great Britain.

We do not produce figures for first-time buyer prices by type of property. Average house prices by property type for price paid data are available above.

Average house price for mortgage buyers fell in Camden

The average price of a home bought with a mortgage in Camden was £772,000 in April 2024 (provisional). This was lower than an average of £886,000 in April 2023 (revised).

Across London, the average price of a home bought with a mortgage was £496,000, down from £516,000 a year earlier.

Across Great Britain, the average price for buying with a mortage in April 2024 was £293,000, which was up slightly from an average of £289,000 in April 2023.

Price paid when buying with a mortgage or cash in Camden

Average house price in April 2024

For cash buyers in Camden, the average was £745,000 in April 2024 (provisional), which was down from a revised figure of £858,000 a year earlier.

In April 2024, the average was £517,000 in London and £266,000 in Great Britain.

More data about Camden

Explore more local data for Camden.

More data on the housing market

This article is regularly updated with the most recent rents and house prices information. The full time series for rental prices can be found in our associated data releases. The full time series for house prices can be found in the UK House Price Index reports on gov.uk.

You can also read our most recent Private rent and house prices bulletin.

The methods used to produce the rental prices can be found in the Price Index of Private Rents Quality and Methodology Information. The methods used to produce the house prices can be found in the House Price Index Quality and Methodology Information.

About this article

The content in this article is generated using semi-automated journalism, based on rules pre-programmed by Office for National Statistics (ONS) staff.

This is a new product in Beta release, intended to improve the accessibility of housing market data at local level. Send us feedback about this page or contact the housing analysis team by emailing hpi@ons.gov.uk.

Articles are not available for Isles of Scilly and City of London, as the survey samples of the resident population are too small.

We will add Northern Ireland data to this tool following the release of more granular private rent price statistics for Northern Ireland, which we aim to do in March 2025.

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