London Office Space Price Index — October 2026 (Median Cost per Desk)

Last updated October 2026. The SquareFoot London Office Space Price Index tracks the median asking price of flexible, move-in-ready office space, per desk per month, compiled from the operators’ own published listings. Updated monthly.

The London median is £560 per desk per month. Half of the 64 priced spaces sit between £455 and £710; the cheapest desk on the market is £200 and the most expensive £1,200. At 2026-10-09 exchange rates the London median is about $740 per desk, 6% above the New York City median of $700 in the US Office Space Price Index.

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London office space price index by neighbourhood — October 2026

Median asking price per desk per month. Neighbourhoods with fewer than 3 priced listings show a starting price only.

Shoreditch is the most affordable neighbourhood with enough listings to call, at a median of £500 per desk; Clerkenwell is the most expensive at £778, a 1.6× spread inside one city.

What a team pays per month

Multiply the per-desk figures by headcount. These are all-in asking rents for private offices: furniture, internet, cleaning, reception and meeting-room access are included, which is the main difference from a conventional lease quoted per square foot before fit-out.

Median asking price by operator

Operators with at least 4 priced London listings on this index.

Methodology

Figures are the median asking price per desk per month for private offices in serviced and coworking buildings actively listed in London, taken from the operators’ own published pages as of October 2026. Medians, not averages, so a handful of premium Mayfair-style listings cannot drag the number; ranges are the 25th–75th percentile. A neighbourhood needs 3 priced listings to show a median and the index needs 30 priced listings from 2 or more operators to be published at all. Prices quoted per office are divided by the office’s stated desk count; nothing is estimated. Unpriced listings are counted but never assigned a price. Currency conversions use the ECB reference rate for the day shown.

Based on 79 flexible office listings in London from 7 operators’ own published pages, 64 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.

Cite this data

You are welcome to cite the SquareFoot London Office Space Price Index with attribution and a link. Source: SquareFoot London Office Space Price Index, October 2026 (https://www.squarefoot.com/blog/london-office-space-price-index/).

Frequently asked questions

How much does office space cost in London?

A private office in a serviced or coworking building in London has a median asking price of £560 per desk per month in October 2026. The budget end of the market starts around £455 and the upper quarter runs from £710. Those figures are all-in: furniture, internet, cleaning and meeting rooms are included.

Which London neighbourhoods have the cheapest office space?

Shoreditch is the most affordable neighbourhood with enough priced listings to call, at a median of £500 per desk. City (£547) and Holborn (£550) follow.

What does a 10-person office cost in London?

At the median of £560 per desk, a 10-person private office is about £5,600 per month all-in; budget options start near £4,550 and the upper quarter of the market runs from £7,100.

Do tenants pay a broker fee for flexible office space in London?

No. The operator pays the introducer when a tenant signs, so using SquareFoot to find and tour London space is free for the tenant. SquareFoot shows every listing with the operator’s published asking price and the operator confirms the final terms.

Live listings with prices: office space in London. US markets: US Office Space Price Index.

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