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Houses in London Under £300,000: What's Realistic?

Possible, mostly in outer boroughs or as part-ownership.

Houses in London Under £300,000: What's Realistic? Residential Property Services in London

Updated October 2026 · Fraser Bond

Buying · Budget

Houses under £300,000

Outerboroughs
Ex-councilhouses
Sharedownership
Flatsmore likely
In short: With London's average price well above £300,000, houses at this price are scarce. They do come up in parts of outer boroughs such as Barking and Dagenham, Bexley, Havering and Croydon, often as ex-council or houses needing work, and freehold houses at this price may have issues such as short leases on maisonettes or non-standard construction. Within this budget, flats and shared ownership offer far more choice in London. Check sold prices before setting expectations.

Frequently asked questions

Can I buy a house in London for £300,000?

Occasionally, in outer boroughs.

What about shared ownership?

It widens choice a lot.

Buying on a budget?

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