Rings.com Research & Data

Rings.com Research

UK Lab-Grown Diamond Price Index

As of October 2026, a 1 carat G VS1 IGI round lab-grown diamond lists at a Market Median of £271 inc-VAT across two UK retailers (Quality Diamonds is below the publication minimum at 1 carat); 1.5 carat is £391 (+5% from September, now on three retailers) and 2 carat £478 (-2%, also on three retailers).

Data as of October 25, 2026. Updated monthly. Next edition: November 2026.

October 2026 edition  ·  G VS1 Round Excellent IGI  ·  GBP inc-VAT  ·  Rings.com UK Lab-Grown Diamond Price Index

£271Market Median, 1ct G VS1 IGI, inc-VAT
£391Market Median, 1.5ct
£478Market Median, 2ct
2,360listings, three retailers, October 25, 2026
Key figures in words, October 2026 (for quoting)
  • In October 2026 the UK Market Median for a 1 carat G VS1 IGI round lab-grown diamond was £271 including VAT (-1% from £275 in September 2026), across two retailers (Diamond Labs and 77 Diamonds); Quality Diamonds was below the 30-listing publication minimum at 1 carat.
  • In October 2026 the UK Market Median for a 1.5 carat G VS1 IGI round lab-grown diamond was £391 including VAT, across three retailers (Diamond Labs, 77 Diamonds and Quality Diamonds). September's £371 was a two-retailer figure; on the same two retailers October is £365 (-2%).
  • In October 2026 the UK Market Median for a 2 carat G VS1 IGI round lab-grown diamond was £478 including VAT, across three retailers. September's £487 was a two-retailer figure; on the same two retailers October is £487 (0%).
  • Quality Diamonds' UK lab-grown inventory rebounded from 74 listings collected in September 2026 to 380 in October 2026 (402 in August), and it returns to the published panel at 1.5 carat (n=83) and 2 carat (n=51) but not 1 carat (n=20, below the 30-listing minimum).
  • The October 2026 edition of the Rings.com UK Lab-Grown Diamond Price Index collected 2,360 round G VS1 IGI listings from three UK online retailers on October 25, 2026, across the three carat bands (before each retailer's own Excellent-cut filter is applied).

Cite as: Rings.com UK Lab-Grown Diamond Price Index, October 2026 edition, rings.com/pages/uk-lab-grown-diamond-price-index.

The same 1ct G VS1 IGI round costs £247 at Diamond Labs and £295 at 77 Diamonds, £48 apart for identical specs. At 2ct, that gap reaches £158 on a single stone.

Retailer 1ct 1.5ct 2ct
Diamond Labs £247 £313 £408
77 Diamonds £295 £418 £566
Quality Diamonds - £391 £478
Market Median £271 £391 £478

Total stone price. G VS1 Round Excellent IGI. Median. All prices GBP, inclusive of 20% UK VAT (inc-VAT). Hover any price for sample size (n).

Key Findings: October 2026

Three retailers. 2,360 listings. G VS1 Round Excellent IGI.

Quality Diamonds returns to the published panel at 1.5ct and 2ct, and stays below the minimum at 1ct.
Its listed inventory rebounded from 74 listings collected in September to 380 in October (402 in August), confirmed by a same-day re-query of the retailer's own API. Counted Excellent-cut and IGI only, as since the 2026-09-18 filter fix, it has n=20 at 1ct (below the 30-listing minimum, not published), n=83 at 1.5ct and n=51 at 2ct. Its published figures are £217/ct (1.5ct) and £199/ct (2ct), ex-VAT.
The Market Medians are not like-for-like with September at 1.5ct and 2ct.
1ct: £271 (Diamond Labs and 77 Diamonds), -1% from September's £275. 1.5ct: £391 on three retailers, against September's two-retailer £371 (+5%); on the September panel of Diamond Labs and 77 Diamonds alone it is £365 (-2%). 2ct: £478 on three retailers, against September's two-retailer £487 (-2%); on the September panel alone it is £487 (0%).
Diamond Labs and 77 Diamonds moved little.
Per carat, ex-VAT, September to October: Diamond Labs 0% at 1ct (£207 to £206), +1% at 1.5ct (£172 to £174), -1% at 2ct (£172 to £170); 77 Diamonds -2% at 1ct (£251 to £246), -4% at 1.5ct (£241 to £232), +1% at 2ct (£234 to £236). Diamond Labs' collected stock fell to 666 listings from 870, and its 1ct cell is just above the minimum (n=33).
The published price gap per carat is £40 at 1ct and £66 at 2ct between the cheapest and priciest published retailer, ex-VAT.
At 1ct, Diamond Labs (£206) against 77 Diamonds (£246), ex-VAT, on the same benchmark specification. At 2ct the published range runs from Diamond Labs (£170) through Quality Diamonds (£199) to 77 Diamonds (£236).
What UK buyers assume is a cross-border premium is VAT and exchange rate, not markup.
Brilliant Earth UK is excluded from this index: their GBP prices are derived from a USD conversion formula, not independently set for the UK market.
Three of six audited UK retailers qualified at launch, and the panel is unchanged.
London-based Queensmith passed structural eligibility but carries zero G-color lab-grown diamonds. Their inventory is exclusively D, E, and F color, confirmed via live API across all carat bands at launch. A three-retailer panel at G VS1 is not a methodology gap. It is the market.
All prices inc-VAT (20% UK VAT included).
Ex-VAT figures are in the methodology section.
The UK index tracks G VS1, the highest-volume lab-grown specification across UK retailers.
The Rings.com US index uses E VS1. Not directly comparable. E commands a color premium over G.

Methodology

Scope.
This index tracks listed retail prices (not transaction prices) across major UK online lab-grown diamond retailers. The October 2026 edition collected 2,360 round G VS1 IGI lab-grown diamond listings (before each retailer's own Excellent-cut filter) across three retailers. All prices are in GBP, inclusive of 20% UK VAT (inc-VAT). Data was collected on October 25, 2026. This is the sixth edition; the retailer panel is unchanged since the May 2026 inaugural edition.
Coverage this edition.
Quality Diamonds' listed inventory rebounded between the September and October collections: 380 listings collected this edition (81 at 1ct, 154 at 1.5ct, 145 at 2ct) against 74 in September and 402 in August. A same-day re-query of the retailer's own inventory API on 2026-10-25 returned identical counts, confirming a genuine change in listed stock rather than a collection issue. Counted Excellent-cut and IGI only (the Excellent-cut filter has applied to Quality Diamonds since the 2026-09-18 correction; this edition also restricts the count to IGI-certified stones, which removes one GIA-certified stone at 1.5ct and does not change that cell's median), Quality Diamonds has n=20 at 1ct, n=83 at 1.5ct and n=51 at 2ct. The 30-listing minimum is unchanged, so 1.5ct and 2ct are published and 1ct is not. Diamond Labs and 77 Diamonds both cleared the minimum at every weight; Diamond Labs' 1ct cell (n=33) is only just above it, and its collected stock fell from 870 listings in September to 666. All three collections were made October 25, 2026, and no feed outage was observed. September's published figures are not restated: every edition is a frozen snapshot once published.
Month-over-month.
Per carat, ex-VAT, September to October: Diamond Labs 0% at 1ct (£207 to £206), +1% at 1.5ct (£172 to £174), -1% at 2ct (£172 to £170); 77 Diamonds -2% at 1ct (£251 to £246), -4% at 1.5ct (£241 to £232), +1% at 2ct (£234 to £236); Quality Diamonds was unpublished in September, so it has no month-over-month comparison at any weight. Published Market Medians: 1ct £271, -1% from September's £275, on the same two retailers; 1.5ct £391, +5% from September's £371, but now on three retailers where September's drew on two; 2ct £478, -2% from September's £487, also now on three retailers. On September's two-retailer panel (Diamond Labs, 77 Diamonds) the October Market Medians would be £271 at 1ct, £365 at 1.5ct (-2%) and £487 at 2ct (0%). The 1.5ct and 2ct changes in the published Market Medians therefore mostly reflect the larger panel, not a market move.
Retailer panel.
This edition tracks three retailers: Diamond Labs, 77 Diamonds, and Quality Diamonds. The panel was established in May 2026, when eight retailers were evaluated and three qualified, and it is unchanged for October 2026. Two retailers (Brilliant Earth UK and James Allen) were screened out before formal audit: both price in GBP via USD conversion rather than independently setting UK prices. Six retailers proceeded to formal audit against four criteria: (1) live filterable inventory API with no credentials required, (2) publicly visible per-listing GBP pricing, (3) IGI certification as a filterable and per-listing attribute, and (4) minimum 30 qualifying listings per carat cell. Three qualified. Three were excluded; exclusion reasons are documented in the Excluded retailers note below. The panel is fixed and disclosed for comparability. Any additions, removals, or reclassifications will be explicitly noted in that month's report.
Excluded retailers.
Queensmith (queensmith.co.uk) passed structural eligibility criteria but stocks exclusively D, E, and F color lab-grown diamonds: a live API query found zero G-color listings across all three benchmark carat bands, consistent with their premium-positioning sourcing standard. Purely Diamonds (purelydiamonds.co.uk) and Angelic Diamonds (angelicdiamonds.com) are finished jewelry retailers with no loose diamond search inventory.
Price inputs.
Prices are the publicly visible list price at the time of data collection. Published figures in the index table include 20% UK VAT applied to the collected ex-VAT price. Ex-VAT medians (per carat) for October 2026: Diamond Labs 1ct £206 (n=33), 1.5ct £174 (n=112), 2ct £170 (n=89). 77 Diamonds 1ct £246 (n=192), 1.5ct £232 (n=730), 2ct £236 (n=392). Quality Diamonds 1.5ct £217 (n=83) and 2ct £199 (n=51); at 1ct it is below the publication minimum (n=20; see Coverage this edition). The following are excluded: promotional codes, membership discounts, negotiated pricing, and strikethrough compare-at or was-£X reference prices.
Benchmark specification.
The benchmark specification is G color, VS1 clarity, round brilliant, Excellent cut, IGI-certified. G color was chosen because it is the highest-volume specification available with consistent depth across the tracked UK retailers. Three weight cells are tracked: 1ct (0.95-1.05ct), 1.5ct (1.45-1.55ct), and 2ct (1.95-2.05ct). Note: the Rings.com US price index uses E color rather than G color. E is a higher color grade and commands a price premium. Cross-market comparisons between the US and UK indices should account for this grade difference.
Statistical method.
Each published figure is the median total stone price across all qualifying listings within that cell. Median is used instead of an average to reduce the influence of extreme outlier listings. A minimum of 30 qualifying listings per retailer is required for that retailer's cell to be published, and a Market Median requires at least two qualifying retailers in that cell; a single retailer's price is shown individually but is not published as a market figure. Per-cell sample sizes (n) are visible as tooltips when hovering over any price in the table. Quality Diamonds is below the retailer threshold at 1ct this edition (n=20) and meets it at 1.5ct (n=83) and 2ct (n=51), counted Excellent-cut and IGI only (see Coverage this edition); Diamond Labs and 77 Diamonds met the threshold at every weight.
Deduplication.
Listings are deduplicated within each retailer by URL. Stones with identical IGI certificate numbers may appear at more than one retailer and are counted as independent listings at each retailer where they appear.
Data sourcing.
The UK index is built from live API queries against each retailer's product inventory backend. All three APIs are public-facing endpoints that power the retailers' own consumer-facing search pages. No credentials, scraper accounts, or private API keys were used.
Market concentration.
The UK online lab-grown market is tracked here across three retailers (Diamond Labs, 77 Diamonds, and Quality Diamonds): the primary UK-accessible online retailers with independently-priced GBP inventory and sufficient benchmark-matching stock to produce stable medians across all three carat tiers. A pricing decision by a single UK retailer will move the index median more than an equivalent decision would move the US index.
Comparability.
The UK and US indices are not directly comparable: the UK index uses G VS1 and reports in GBP inc-VAT; the US index uses E VS1 and reports in USD. Historical index figures may not be directly comparable when the benchmark specification, the retailer panel, or the set of retailers with published cells changes; this edition's 1ct Market Median draws on two retailers (Diamond Labs, 77 Diamonds) and its 1.5ct and 2ct Market Medians draw on three, where September's drew on two, after Quality Diamonds' listed inventory recovered above the publication minimum at those two weights (see Coverage this edition).
Independence.
Rings.com receives no compensation from the retailers included in this index for inclusion or ranking, and no retailer has any editorial control over the methodology or results. This index reflects public list prices only; individual purchase prices may differ due to custom configurations, time-sensitive promotions, or VAT treatment at purchase.

Retailer selection. Retailers in this index are selected by our research process and are never added by request, payment, or partnership. The full criteria and observation process are public: how retailers are selected for this index.

Previous editions

Each edition is a frozen snapshot: the figures shown there do not change after publication.