Area market snapshot · in London

Mayfair property market

Updated 5 October 2026 · refreshed daily

Map: Mayfair sits in west London, in City of Westminster, about 2 miles from the centre.
Median asking price
£3,900,000↑ 578% above London

319 for sale · London £575k

Median sold price · 12 months to February 2026
£3,200,000
Typical asking range
Typical asking range (middle half of listings) and median
MarketRange lowMedianRange high
Mayfair£1,800,000£3,900,000£7,500,000
London£400,000£575,000£895,000

Each band covers the middle half of asking prices.

How Mayfair differs from London
  • A typical 2-bed asks £2.9m here, compared to £500k across London
  • Flats are 90% of what's for sale, compared to 67% across London
The last 30 days

Homes came onto and left the Mayfair market at a similar pace

New listings
24

↓ 51% · was 49

Price cuts
19

↑ 138% · was 8

Went off market
23

↑ 130% · was 10

Typical time listed
114 days

before going off the market

Changes compare with the prior 30 days.

Asking prices

Where homes in Mayfair sit by price band, against London

Homes for sale in Mayfair skew pricier than in London

2% of Mayfair listings ask under £600k, a smaller share than London (53%)

Share of current listings by asking-price band
Price bandMayfair listingsMayfair shareLondon share
<£600k52%53%
£600k–1m248%26%
£1m–1.5m278%9%
£1.5m–2m3310%4%
£2m–2.5m217%2%
£2.5m–3m237%2%
£3m+18658%4%

Prices by property type

Current listings and Land Registry sales in Mayfair, set against London

Flats are 90% of homes for sale in Mayfair, against 67% across London

Share of homes for sale by property type
property typeMayfairLondon
Flats (286 for sale)£90£67
Terraced (27 for sale)£8£13

Flats in Mayfair ask £3.5m, 619% more than London flats (£480k)

Median asking price of current listings; the count under each row

Median asking price by property type
property typeMayfairLondon
Flats (286 for sale)£3,450,000£480,000
Terraced (27 for sale)£8,500,000£650,000

Price per square foot

Asking · current listings
£2,285per sq ft↑ 243% above London

260 listings with a known floor area

London: £666 per sq ft

Homes sold in Mayfair

Completed sales
44↓ 43% vs previous year

Previous 12 months: 77 sales

Median sold price
£3,200,000

The median sold price in Mayfair is up 51% over the last 10 years, to £3.2m

Each point is the median over the 12 months ending on that date

Median sold price over time (12-month windows ending each quarter); the chart plots each line as the percentage change since its first point
Window endsMayfair
Mar 2016£2.1m
Jun 2016£2.3m
Sept 2016£2.1m
Dec 2016£2m
Mar 2017£1.9m
Jun 2017£1.9m
Sept 2017£1.9m
Dec 2017£2.3m
Mar 2018£2.6m
Jun 2018£3.1m
Sept 2018£3.1m
Dec 2018£3.1m
Mar 2019£2.5m
Jun 2019£2.1m
Sept 2019£2.2m
Dec 2019£2.5m
Mar 2020£2.3m
Jun 2020£2.3m
Sept 2020£2.3m
Dec 2020£2m
Mar 2021£2.5m
Jun 2021£2.5m
Sept 2021£2.1m
Dec 2021£2.2m
Mar 2022£2.6m
Jun 2022£3.0m
Sept 2022£3.2m
Dec 2022£3.4m
Mar 2023£3.2m
Jun 2023£3.2m
Sept 2023£3.2m
Dec 2023£3.3m
Mar 2024£3.9m
Jun 2024£3.6m
Sept 2024£3.3m
Dec 2024£2.8m
Mar 2025£2.5m
Jun 2025£2.7m
Sept 2025£3.2m
Dec 2025£2.9m
Feb 2026£3.2m

44 homes sold in Mayfair in the 12 months to February 2026, 33% below Mayfair's five-year norm of 66 a year

Sales in the 12 months ending each quarter

Homes sold over time (12-month windows ending each quarter)
Window endsMayfair
Mar 201676
Jun 201667
Sept 201659
Dec 201659
Mar 201758
Jun 201770
Sept 201766
Dec 201756
Mar 201853
Jun 201851
Sept 201851
Dec 201847
Mar 201942
Jun 201942
Sept 201946
Dec 201957
Mar 202063
Jun 202059
Sept 202056
Dec 202055
Mar 202165
Jun 202169
Sept 202173
Dec 202166
Mar 202265
Jun 202264
Sept 202270
Dec 202278
Mar 202366
Jun 202373
Sept 202370
Dec 202372
Mar 202473
Jun 202470
Sept 202470
Dec 202470
Mar 202571
Jun 202561
Sept 202557
Dec 202552
Feb 202644

What listings offer

Mayfair has fewer gardens and fewer chain-free homes and less parking than London.

Gardens
14%

Fewer gardens than London

14% of listings have a garden; London: 53%. 44 of 319 listings have a garden. Counted from listing descriptions, so treat as a lower bound.
Parking
28%

Less parking than London

28% of listings have parking or a garage; London: 42%. 90 of 319 listings have parking or a garage. Counted from listing descriptions, so treat as a lower bound.
Chain-free
5%

Fewer chain-free homes than London

5% of listings are listed as chain-free; London: 27%. 17 of 319 listings are listed as chain-free. Counted from listing descriptions, so treat as a lower bound.

Recent sales in Mayfair

The newest completed sales registered with HM Land Registry

AddressSoldPrice
Flat B, 9 - 10 Avery Row · W1K 4ALFlat · LeaseholdAug 2026£865,000
Flat 54, Chesterfield House Chesterfield Gardens · W1J 5JUFlat · LeaseholdJul 2026£1,700,000
70 Park Street · W1K 2JTTerraced · FreeholdJun 2026£4,000,000
Apartment 6, 17 Three Kings Yard · W1K 4JTFlat · LeaseholdJun 2026£3,950,000
5a Mount Street · W1K 3NEFlat · LeaseholdJun 2026£6,400,000

Current listings worth a look

Picked by simple rules, not adverts: cheapest, most space, gardens

Watching the Mayfair market?

Perch sends you the new listings, price drops and off-market moves that match your search, every morning, from every estate agent we track.

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Looking at one home in Mayfair?

Paste the listing link and see how its asking price compares with recent sold prices and similar homes nearby. Free, and no account needed.

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How nearby areas compare

Current listings around Mayfair

AreaFor saleMedian asking
Mayfair319£3.9m
Soho519£1.8m
Fitzrovia346£1.8m
Marylebone820£1.6m
Belgravia918£1.9m
Lisson Grove1,216£1m
Brompton993£2.4m
Victoria831£1m
Knightsbridge745£2.6m
Pimlico605£875k
Holborn430£900k
Regent's Park299£1.5m
Londonbenchmark63,455£575k

Key facts about Mayfair

  • Rising: the median sold price in Mayfair is up 51% over the last 10 years and up 28% over the last 12 months.
  • Homes for sale skew pricier than in London: 2% of current listings in Mayfair ask under £600k, against 53% across London.
  • Sales are running well below Mayfair's five-year norm: 44 homes sold in the 12 months to February 2026, against a norm of 66 a year; 24 homes came onto the market in the last 30 days and 23 left it.

Mayfair property market: common questions

Where is Mayfair?

Mayfair sits in west London, in City of Westminster, about 2 miles from the centre.

What is the average house price in Mayfair?

The median asking price across the 319 homes for sale in Mayfair is £3,900,000 (as of 5 October 2026). We quote the median (the middle listing) rather than a mean, because a handful of very expensive homes would pull a mean upwards. Half of listings ask between £1,800,000 and £7,500,000. That is 578% above London. Homes that actually sold in Mayfair went for a median £3,200,000 (Land Registry, 12 months to February 2026).

Are house prices in Mayfair rising or falling?

Rising. Based on HM Land Registry completed sales, the median sold price in Mayfair is up 51% over the last 10 years and up 28% over the last 12 months (12 months to February 2026). These medians compare the homes that happened to sell in each window, so they mix price movement with changes in what sold.

Is Mayfair cheaper than London?

No: asking prices in Mayfair are typically higher than across London. The median asking price in Mayfair is £3,900,000 against £575k across London: 578% above London. Some of that gap reflects what is for sale in each place rather than like-for-like value. The premium holds from the lower end to the top of the market.

How many homes are for sale in Mayfair?

319 homes are on the market in Mayfair right now, broadly unchanged since 1 Sept, 24 of them listed in the last 30 days. Perch counts every listing it tracks across estate agents and portals, refreshed daily.

Are house prices being cut in Mayfair?

19 listings in Mayfair had their asking price reduced in the last 30 days, about 6% of the homes currently for sale.

How long are homes on the market in Mayfair?

Of the Mayfair listings that came off the market in the last 30 days and that we first saw after we began tracking the area, the typical one had been advertised for 114 days. Coming off the market usually means sold subject to contract, but it can also mean withdrawn, so treat this as time advertised rather than time to sell.

How much do flats and houses cost in Mayfair?

The median asking price for a flat in Mayfair is £3,450,000. Houses are quoted by type rather than as one figure, because the mix moves the number more than the market does: the largest group on the market is terraced houses, at a median £8,500,000 across 27 listings. The Prices by property type chart on this page covers every type we track.

How much is a two-bedroom flat in Mayfair?

The median asking price for a two-bedroom flat in Mayfair is £2,900,000, across 104 current listings.

What is the price per square foot in Mayfair?

In Mayfair, current listings with a known floor area ask a median £2,285 per sq ft.

How these numbers are made

  • Asking figures: Current listings we track across estate agents and portals (319 in Mayfair), refreshed daily, as of 5 October 2026. We quote medians, never means, and suppress anything based on fewer than 5 listings.
  • Off market and time listed: Off-market counts include only listings confirmed off the market after a short grace period; "typical time listed" is time advertised, not time to sell. We have tracked Mayfair since August 2025.
  • London comparisons: The same daily snapshot taken across the whole of London, so both sides of every comparison share one basis. Where a comparison spans all property types, some of the gap reflects what is for sale here.
  • Sold figures: HM Land Registry price paid data for the 12 months to February 2026 (the latest months are left out while sales are still being registered). England and Wales; new-builds and non-standard transactions excluded.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0, and Energy Performance of Buildings Data: England and Wales © Crown copyright.