Quoting rents from 43 live London retail and 33 mixed-use instructions, as at 1 November 2026. These samples are much smaller than office and are published as indicative, with the counts shown so you can judge each row for yourself.
Recalculated 1 November 2026 from live instructions.
58 instructions carried a figure outside £1–£500 despite being tagged per sq ft and were excluded. One of those mis-tags reached an earlier version of this page as a quoted upper quartile; it is gone.
| Submarket | Instructions | Lower quartile | Median | Upper quartile |
|---|---|---|---|---|
| Mayfair | 15 | £60.00 | £89.00 | £102.00 |
| Westminster | 9 | £83.00 | £86.00 | £87.00 |
| Southbank | 8 | £34.00 | £39.76 | £41.00 |
| Southwark | 11 | £24.00 | £32.50 | £43.00 |
Mixed-use quoting rates sit between pure retail and pure office and are shown alongside, because a mixed-use comparable is often the closest thing available to a retail one in a thin submarket.
| Submarket | Instructions | Lower quartile | Median | Upper quartile |
|---|---|---|---|---|
| Mayfair | 9 | £65.00 | £91.00 | £125.00 |
| Westminster | 8 | £23.11 | £45.00 | £79.79 |
| Southbank | 16 | £32.58 | £39.50 | £67.00 |
Retail pricing is unit-specific: frontage, return frontage and pitch move the rate more than the submarket does.
Zone A is the standard retail comparator and cannot be derived from a headline quoting rate. Treat these as a submarket indication, not a valuation input.
Where a submarket shows fewer than twenty instructions, one unusual unit moves the median. The instruction count is in every row for exactly that reason.
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