Westminster, London has the highest median price for new-build housing at £1,809,875, according to analysis of ONS data by One Sure Insurance.
Lambeth was second with £1,241,949, and Hammersmith and Fulham came third with £1,137,613.
Hackney ranked fourth, with a median new housing price of £949,050, while Hertsmere in Hertfordshire came fifth at £932,500.
Other local authorities in the top 10 include Woking, New Forest, Broxbourne, St Albans, and Islington.
Erewash in Derbyshire had the lowest median new housing price with £122,750.
A spokesperson for One Sure Insurance said: “This study provides valuable insight into the range of prices for newly built housing within local authorities across England and Wales.
“While it does not show us what the highest and lowest prices are, these median price points offer a perspective on the potential average cost for new housing.
“It is notable that every borough in the top 20 positions is either based in London or somewhere in the south of England, which is likely because of how close they are to the capital or the south coast.
“Both locations may be desirable places to live for new houseowners due to being business and tourism hubs, respectively.
“There are also many boroughs in the upper half of the list that lack of data for most types of housing.
“This might mean they either only have recorded pricing data for newly built flats and maisonette houses, or they were the only housing types available in those areas last year, which may be indicative of the current housing market.”