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City of London

England / London / City of London

About

The City of London is the historic and financial heart of London, covering just over one square mile. Known as the Square Mile, it is home to the Bank of England, the London Stock Exchange, and numerous global financial institutions. The area blends modern skyscrapers like the Gherkin and the Shard with historic landmarks such as St. Paul’s Cathedral and the Tower of London. Despite its business focus, the City has a small residential population, with most activity centered around weekday working hours.

The district retains its medieval street layout, with narrow alleys and hidden courtyards contrasting against contemporary architecture. Key sites include Leadenhall Market, a covered Victorian market, and the Barbican Centre, a prominent arts venue. The City of London operates with its own local government, separate from Greater London, preserving its unique identity. Its mix of old and new makes it a distinctive part of the capital.

Area overview

On average City of London has moderate deprivation and very high crime levels, with around 920 crimes per 1,000 residents per year. Approximately 5.8% of homes in this area are social housing provided by a local council or housing association. The average income of residents in City of London is £101,776 per year. There are 7 schools in City of London: 1 primary (1 Outstanding and 0 Good) and 0 secondary (0 Outstanding and 0 Good). On average most houses in area has excellent public transport connectivity.

Crime rate
9/10
Crimes per 1k residents
920
Deprivation level
4/10
Income level
10/10
Social housing
5.8%
Connectivity
10/10

Area Profile

City of London Population
8,583
Population density
2,975 per km²

Demographics

British
3,649
42.51%
Other White
2,062
24.02%
Chinese
545
6.35%
Other
368
4.29%
Indian
321
3.74%
Total population: 8,584

Housing

Private landlord or letting agency
2,064
42%
Owns outright
1,114
22.67%
Owns with a mortgage
680
13.84%
Social rents from council
449
9.14%
Other forms of private rent
309
6.29%
Total households: 4,914

Property prices in City of London

Based on 152 recent sales, the median property price is £725,000 in City of London area, with individual transactions ranging from £340,000 up to £2,800,000.

Price per property type (last year)

Price per property type (last year)

TypeSalesMedian
Flats149£720,000
Terraced3£1,750,000

10 years price trend in City of London

Data Sources

All data is sourced from official UK government agencies and public datasets. Last updated: 16/09/2025.