A typical home in Shepherd's Bush sells for about £635,000, and the thing changing hands is usually a flat. Flats go for a little over half a million. Terraced houses get close to a million. Prices have dropped by about a tenth in a year. Cheaper than last year, and still very much London.
The Land Registry recorded 276 sales in the year to mid-May 2026, at a typical price of about £635,000. Flats made up 176 of them, at about £532,000. The 81 terraced houses went for about £925,000, and the 17 semi-detached homes for about £1,650,000. Most of the market is flats, and with so many of them carved out of old terraces, the lease length and the service charge on any one of them are worth asking for in writing at the first viewing. Seventeen semis in a year is the whole of that market, so its typical price moves with every single sale.
The direction is down. The Land Registry's house price index for the area, which puts the average at about £729,000, fell about 11% in the year to May 2026, and flats on their own fell about 12%. Over five years the index is down about 7%. A drop that size is real money on a flat. Sellers will call it a correction and buyers will quote it in every offer, and both readings come from the same index.
Band D is the most common council tax band here, and 20% of homes are in bands A or B. Hammersmith and Fulham charges about £1,520 a year for band D, which is the figure to set against your current bill.
For renting, the borough is the unit. The Office for National Statistics puts typical private rent at about £2,760 a month across Hammersmith and Fulham as of April 2026, a mean from its rental index. By size, a one-bedroom home averages about £1,950 a month across the borough, two bedrooms about £2,550, three about £2,920 and four or more about £4,090. No figure exists for studios or single rooms.
Income makes the price a stretch. The Office for National Statistics models average household income here at about £71,500 a year before tax, and that figure describes the financial year to March 2023, so it is a few years old against prices from 2026. Set against a typical £635,000, most households on that income are borrowing hard or bringing equity from somewhere else.
Space is where the cost shows plainly. Of the sales that could be matched to an energy certificate's floor area, about 60% of the year's total, the median price was about £8,400 a square metre, on a typical floor area of about 94 square metres. That is the figure to carry round viewings, because it turns a floor plan into a price faster than any asking figure does.
The 2021 Census puts the bedroom mix at about 32% one-bedroom homes, 32% two-bedroom, 22% three-bedroom and 15% with four or more. Two-thirds of the stock is one or two bedrooms, so a family buyer is shopping in the smallest corner of the market and paying the terraced-house price to get there.
Shepherd's Bush is poor value on price, and a year of falling flat values has made it slightly less so without making it cheap. Buyers who need floor space pay heavily for it here.