How Much Is Office Rental in London 2025? New Data Reveals Where Desks Cost the Most
Key Takeaways:
- Mayfair remains London’s most expensive area for office space, with desks costing nearly £1,000 per month.
- Victoria climbs into third place, joining Soho in Westminster’s trio of premium locations.
- The top 10 most expensive London areas range from 30% to over 80% above the city’s average price.
London Office Rental Prices 2025: Mayfair Leads the Pack
Fresh data from FreeOfficeFinder has revealed where the highest office rental prices in London can be found in 2025.
At the top of the list sits Mayfair, where the average monthly cost of a desk is £962 — a rise of £19 year on year. That’s 80.3% above London’s citywide average of £534 per desk, cementing Mayfair’s long-standing reputation as the capital’s most exclusive business district.
Soho and Victoria Secure Second and Third Place
Soho holds on to second place, with desks averaging £895 per month, or 67.7% higher than the London average. While still one of the city’s most desirable creative and media hubs, Soho has seen a modest drop of £38 compared to last year.
Meanwhile, Victoria has surged into third position, with average monthly desk prices up by £69 to £894. This puts Victoria 67.5% above the city average, reflecting growing demand for premium space near key transport hubs and government offices.
St James’ and Monument Round Out the Top Five
In St James’, the average monthly desk rental has increased by £94 since Q4 2024, now sitting at £884, which is 65.7% higher than the London average.
Monument, now in fifth place, records an average monthly cost of £859 per desk, still 61% above the city average despite a small decline of £10 compared to the same period last year.
The 10 Most Expensive Areas for Office Rental in London (Q4 2025)
| Rank | London Area | Avg. Monthly Desk Price | % Above London Average | Change Since Q4 2024 |
|---|---|---|---|---|
| 1 | Mayfair | £962 | +80.3% | – |
| 2 | Soho | £895 | +67.7% | – |
| 3 | Victoria | £894 | +67.5% | ▲2 |
| 4 | St James’ | £884 | +65.7% | ▲2 |
| 5 | Monument | £859 | +61.0% | ▼2 |
| 6 | Bank | £803 | +50.5% | ▲2 |
| 7 | Oxford Circus | £742 | +39.0% | ▼3 |
| 8 | Marble Arch | £728 | +36.4% | ▲4 |
| 9 | London Bridge | £725 | +35.9% | ▲8 |
| 10 | Cannon Street | £703 | +31.7% | ▼1 |
| London Area | Avg. Monthly Desk Price | % Above London Average |
|---|---|---|
| Mayfair | £962 | +80.3% |
| Soho | £895 | +67.7% |
| Victoria | £894 | +67.5% |
| St James’ | £884 | +65.7% |
| Monument | £859 | +61.0% |
| Bank | £803 | +50.5% |
| Oxford Circus | £742 | +39.0% |
| Marble Arch | £728 | +36.4% |
| London Bridge | £725 | +35.9% |
| Cannon Street | £703 | +31.7% |
Central London Sees Shifts in Office Rental Rankings
In sixth place, Bank desks now cost an average of £803 per month, up £44 since last year and 50.5% above the London average.
Oxford Circus, once among the top four, has dropped to seventh, with prices down by £94 to £742 per desk.
Marble Arch climbs four places to eighth, with average monthly desk rentals of £728, while London Bridge records the biggest leap — moving from 17th to ninth. Average desk prices here have increased by £55 to £725, showing a growing appetite for workspace south of the river.
Finally, Cannon Street completes the top ten, averaging £703 per desk, which is 31.7% above the citywide average.
“Westminster Dominates the Premium London Office Market”
Commenting on the findings, Nick Riesel, Managing Director of FreeOfficeFinder, said:
“London’s office rental prices are constantly evolving, but Westminster is increasingly cementing its status as the capital’s priciest business district. With Mayfair, Soho and now Victoria in the top three, it’s clear that prestige and connectivity continue to drive demand.”
He added:
“While premium areas hold their appeal, emerging business hubs such as London Bridge are showing strong upward movement. As London’s office landscape shifts, we expect more businesses to explore alternative locations offering both value and accessibility.”
About the Data
All figures are based on FreeOfficeFinder’s October 2025 data, which calculates the average monthly cost of a desk in a private office across London. Year-on-year comparisons are made against Q4 2024 data from the same source.
Summary: What Is the Average Cost of Office Rental in London?
The average cost to rent a desk in London in 2025 is £534 per month, though prices vary dramatically by location. Businesses seeking prestigious addresses in Mayfair, Soho, and Victoria can expect to pay well above average while up-and-coming areas like London Bridge are proving increasingly popular among growing companies seeking value in central London.
