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October 10, 2026 | by Michael Monday
A 10-person office in London costs about £5,250 per month at the October 2026 median of £525 per desk, all-in. Budget options start near £4,280 and the upper quarter of the market runs from £7,250. The table below does the arithmetic for the team sizes most tenants ask about, using the 25th percentile, the median and the 75th percentile of the 99 priced listings in the London Office Space Price Index.
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| Headcount | Budget end (25th pct) | Median | Upper quarter |
|---|---|---|---|
| 2 desks | £856/mo | £1,050/mo | £1,450/mo |
| 5 desks | £2,140/mo | £2,625/mo | £3,625/mo |
| 10 desks | £4,280/mo | £5,250/mo | £7,250/mo |
| 20 desks | £8,560/mo | £10,500/mo | £14,500/mo |
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These are asking rents for private offices in serviced and coworking buildings. The monthly figure covers the furnished room, internet, cleaning, utilities, reception and a meeting-room allowance; most operators add VAT on top and charge for extra meeting-room hours and printing. There is no fit-out cost and no business-rates bill to arrange separately, which is why the per-desk figure is the right comparison, not the per-square-foot rent a conventional lease quotes before build-out.
| Neighbourhood | Median /desk/mo | 10 desks /mo |
|---|---|---|
| Chiswick | £350 | £3,500 |
| Spitalfields | £416 | £4,160 |
| Shoreditch | £500 | £5,000 |
| Bloomsbury | £500 | £5,000 |
| City | £547 | £5,470 |
| Holborn | £555 | £5,550 |
| Clapham Junction | £600 | £6,000 |
| Marylebone | £650 | £6,500 |
| Southwark | £697 | £6,970 |
| Soho | £710 | £7,100 |
| Fitzrovia | £750 | £7,500 |
| Paddington | £750 | £7,500 |
| Clerkenwell | £778 | £7,780 |
| Victoria | £960 | £9,600 |
The same 10-person team pays about £3,500 a month in Chiswick and £9,600 in Victoria: a £6,100 monthly difference for the postcode.
Three levers move the number more than negotiation does. Headcount at the desk, not on the payroll: a hybrid team of 10 with six desks in use on a typical day fits a 6-desk office. Neighbourhood: the table above is the whole story. Term: operators discount for 12-month commitments and charge a premium for month-to-month, so ask for both quotes. SquareFoot sends the shortlist, the operator confirms the exact number, and the tenant pays no fee.
Based on 223 private, dedicated-desk and managed office listings in London from 14 operators’ own published pages, 99 with an asking price, collected October 2026 by SquareFoot. Prices are per desk per month in GBP, all-in (furnished, internet, meeting rooms, reception). Updated monthly.
About £2,625 per month at the median of £525 per desk, with budget options from around £2,140 and premium space from £3,625.
About £10,500 per month at the median, £8,560 at the budget end and £14,500 in the upper quarter of the market. Teams of 20 and up should also price a managed floor, which operators quote per floor rather than per desk.
Operators’ published desk prices are usually quoted before VAT. The figures here are the asking prices as published; the operator confirms the VAT treatment on the quote.
Live listings with prices: office space in London.
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