Housing Market Analysis for GLOUCESTER PLACE, NW1 5AE

Are you looking to understand NW1 5AE house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Westminster postcode.

For the location information and nearby amenities in the NW1 5AE area, explore the NW1 5AE Area information page.
For comprehensive crime statistics in the NW1 5AE area, explore the NW1 5AE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NW1 5AE postcode area, The average prices are as follows,

Flat
- The average price is around £477,380 median price is £397,500 Standard Deviation is £320,408 with Total Sold: 50
- The Last 5 Year average price is £801,000 with Total Sold: 4
- The most recent sale happened at this postcode is FLAT 61, DORSET HOUSE GLOUCESTER PLACE: £860,000 (Sold on 29 Nov 2022)
- The first recorded sale happened at this postcode is FLAT 60, DORSET HOUSE GLOUCESTER PLACE: £600,000 (Sold on 15 Dec 2023)
Other
- The average price is around £65,000 median price is £65,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is STORE ROOM 11, DORSET HOUSE GLOUCESTER PLACE: £65,000 (Sold on 02 Jun 2017)
- The first recorded sale happened at this postcode is STORE ROOM 11, DORSET HOUSE GLOUCESTER PLACE: £65,000 (Sold on 02 Jun 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average NW1 5AE house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£860,000	£9,451	1
2021	£872,000	£10,235	2
2018	£852,500	£12,237	2
2016	£997,125	£10,916	4
2014	£893,333	£11,263	3
2013	£632,500	£9,208	2
2011	£915,000	£8,026	1
2010	£411,833	£5,484	3
2008	£630,000	£6,300	1
2007	£635,000	£6,546	1
2006	£355,500	£4,627	2
2005	£247,500	£4,420	1
2004	£353,125	£4,257	4
2003	£413,333	£4,064	3
2002	£320,000	£3,516	1
2001	£337,500	£3,500	2
2000	£236,500	£2,796	2
1999	£241,000	£3,148	5
1998	£149,667	£2,062	3
1997	£155,667	£1,856	3
1996	£137,000	£1,791	3
2023	£600,000	£10,169	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£65,000		1

All the Sales in the GLOUCESTER PLACE, NW1 5AE

See the table below for more details on the sold house prices in the NW1 5AE, Westminster postcode.

Address	Sold Date	Price	% Change
FLAT 61, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 91 Sq.mtrAge: before 1900	29 Nov 2022	£860,000	168.75%
	08 May 2002	£320,000	52.38%
	10 Oct 1997	£210,000	First Sale
FLAT 57, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 97 Sq.mtrAge: 1930-1949	25 Aug 2021	£1,009,000	58.90%
	26 Mar 2007	£635,000	56.79%
	03 Nov 2003	£405,000	First Sale
FLAT 66, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 73 Sq.mtrAge: 1930-1949	25 Jun 2021	£735,000	76.05%
	31 Mar 2010	£417,500	First Sale
FLAT 47, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 80 Sq.mtrAge: 1900-1929	17 Aug 2018	£1,115,000	First Sale
FLAT 53, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 56 Sq.mtrAge: 1900-1929	29 Mar 2018	£590,000	138.38%
	07 Oct 2005	£247,500	First Sale
STORE ROOM 11, DORSET HOUSE GLOUCESTER PLACEOther, Leasehold	02 Jun 2017	£65,000	First Sale
FLAT 69, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 90 Sq.mtrAge: 1930-1949	13 Dec 2016	£1,025,000	First Sale
FLAT 38, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 71.56 Sq.mtrAge: 1930-1949	30 Sep 2016	£777,000	161.18%
	15 Apr 2004	£297,500	37.10%
	08 Sep 2000	£217,000	58.97%
	09 Dec 1996	£136,500	First Sale
FLAT 54, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 91 Sq.mtrAge: 1930-1949	26 Aug 2016	£1,010,000	158.97%
	09 Nov 2004	£390,000	62.50%
	22 Sep 1999	£240,000	First Sale
FLAT 49, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 114 Sq.mtrAge: 1930-1949	08 Jun 2016	£1,176,500	28.58%
	23 Sep 2011	£915,000	First Sale
FLAT 48, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 100 Sq.mtrAge: 1930-1949	17 Dec 2014	£1,470,000	133.33%
	11 Apr 2008	£630,000	80.00%
	15 Oct 2001	£350,000	36.72%
	29 Jun 2000	£256,000	First Sale
FLAT 52, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 70.46 Sq.mtrAge: 1930-1949	27 Mar 2014	£710,000	132.79%
	11 May 2004	£305,000	First Sale
FLAT 39, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 55.48 Sq.mtrAge: 1930-1949	21 Mar 2014	£500,000	First Sale
FLAT 45, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 76.21 Sq.mtrAge: 1900-1929	19 Sep 2013	£790,000	66.32%
	25 May 2010	£475,000	38.48%
	22 Mar 2010	£343,000	First Sale
FLAT 60, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 59 Sq.mtrAge: 1930-1949	14 Jun 2013	£475,000	73.99%
	14 Mar 2006	£273,000	9.20%
	30 Nov 1999	£250,000	212.50%
	01 May 1997	£80,000	-86.67%
	15 Dec 2023	£600,000	First Sale
FLAT 40, DORSET HOUSE GLOUCESTER PLACEFlat, Leasehold	16 Oct 2006	£438,000	94.67%
FLAT 40, DORSET HOUSE GLOUCESTER PLACEFlat, Leasehold	19 Jan 1999	£225,000	First Sale
FLAT 37, DORSET HOUSE GLOUCESTER PLACEFlat, Leasehold	19 Jan 2004	£420,000	101.92%
FLAT 37, DORSET HOUSE GLOUCESTER PLACEFlat, Leasehold	27 Nov 1998	£208,000	First Sale
FLAT 63, DORSET HOUSE GLOUCESTER PLACEFlat, Leasehold	15 Apr 2003	£420,000	29.23%
	24 Aug 2001	£325,000	32.65%
	28 May 1999	£245,000	First Sale
FLAT 70, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 105 Sq.mtrAge: 1930-1949	10 Mar 2003	£415,000	First Sale
FLAT 64, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 95.4 Sq.mtrAge: 1930-1949	20 Aug 1999	£245,000	30.67%
	30 Apr 1996	£187,500	First Sale
FLAT 46, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 59 Sq.mtrAge: 1930-1949	07 Aug 1998	£106,000	First Sale
FLAT 67, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 58 Sq.mtrAge: 1900-1929	27 Apr 1998	£135,000	55.17%
	01 Mar 1996	£87,000	First Sale
FLAT 51, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 93 Sq.mtrAge: 1930-1949	09 May 1997	£177,000	First Sale

Check out the sold house prices near the NW1 5AE postcode. Properties currently for saleProperties currently for rent

GLOUCESTER PLACE, NW1 5AE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NW1 5AE postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NW1 5AE postcode.

Flat
- The average price is around £679,308 median price is £420,000 Standard Deviation is £944,898 with Total Sold: 9,517
- The Last 5 Year average price is £1,335,495 with Total Sold: 1,048
- The most recent sale happened at this postcode is FLAT 35, CHILTERN PLACE, 66 CHILTERN STREET: £9,750,000 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 123, CHILTERN COURT BAKER STREET: £125,000 (Sold on 03 Jan 1995)
Terraced
- The average price is around £1,394,247 median price is £900,000 Standard Deviation is £1,491,363 with Total Sold: 793
- The Last 5 Year average price is £2,995,483 with Total Sold: 90
- The most recent sale happened at this postcode is , 12 GLOUCESTER PLACE MEWS: £950,000 (Sold on 30 Apr 2024)
- The first recorded sale happened at this postcode is , 2 DORSET STREET: £500,000 (Sold on 06 Jan 1995)
Other
- The average price is around £7,721,426 median price is £1,062,500 Standard Deviation is £36,840,164 with Total Sold: 324
- The Last 5 Year average price is £7,117,369 with Total Sold: 150
- The most recent sale happened at this postcode is , 1 DORSET SQUARE: £3,250,000 (Sold on 22 Apr 2024)
- The first recorded sale happened at this postcode is , 7 HOMER STREET: £1,325,000 (Sold on 22 Jul 2013)
Detached
- The average price is around £1,061,801 median price is £650,000 Standard Deviation is £1,071,249 with Total Sold: 23
- The Last 5 Year average price is £2,250,000 with Total Sold: 2
- The most recent sale happened at this postcode is , 17 HARCOURT STREET: £1,500,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is , 248 MARYLEBONE ROAD: £1,663,419 (Sold on 02 May 1995)
Semi-Detached
- The average price is around £887,760 median price is £536,250 Standard Deviation is £959,061 with Total Sold: 56
- The most recent sale happened at this postcode is , TOWNHOUSE CHILTERN PLACE, 68 CHILTERN STREET: £5,900,000 (Sold on 10 May 2018)
- The first recorded sale happened at this postcode is , 106 BOSTON PLACE: £170,000 (Sold on 25 Apr 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,322,489	£13,381	87
2023	£1,320,831	£13,990	181
2022	£1,336,442	£13,574	196
2021	£1,171,739	£13,098	219
2020	£1,502,246	£14,695	149
2019	£1,403,166	£14,642	216
2018	£1,876,538	£16,450	219
2017	£2,067,986	£17,846	226
2016	£1,446,000	£14,700	227
2015	£1,129,525	£14,478	277
2014	£1,113,483	£14,447	338
2013	£1,001,239	£11,195	249
2012	£933,970	£11,467	252
2011	£808,703	£10,404	251
2010	£760,999	£8,940	281
2009	£655,233	£7,386	249
2008	£684,003	£7,775	251
2007	£663,162	£7,675	415
2006	£505,976	£6,084	435
2005	£416,609	£5,760	349
2004	£423,294	£4,969	377
2003	£397,500	£4,794	346
2002	£387,566	£4,701	440
2001	£371,049	£4,560	602
2000	£321,907	£3,825	516
1999	£250,854	£2,968	551
1998	£224,457	£2,762	432
1997	£193,125	£2,319	528
1996	£152,064	£1,854	358
1995	£146,045	£1,757	300

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,343,133	£20,238	6
2023	£3,805,285	£20,588	21
2022	£2,980,032	£21,943	21
2021	£2,673,842	£17,059	19
2020	£1,995,909	£20,212	11
2019	£3,357,083	£15,220	12
2018	£2,235,152	£16,198	23
2017	£2,741,855	£15,504	21
2016	£2,363,333	£14,444	15
2015	£2,894,712	£16,318	24
2014	£3,024,792	£18,556	24
2013	£2,467,375	£17,040	32
2012	£1,841,902	£14,247	21
2011	£1,826,717	£14,453	18
2010	£1,417,075	£10,849	30
2009	£1,200,643	£9,862	14
2008	£1,611,764	£11,097	12
2007	£1,586,957	£11,340	23
2006	£1,270,451	£7,682	37
2005	£908,357	£5,588	35
2004	£876,276	£6,745	36
2003	£736,564	£5,639	35
2002	£733,538	£5,669	39
2001	£690,976	£4,966	45
2000	£469,317	£5,059	36
1999	£498,842	£3,866	38
1998	£401,583	£3,286	35
1997	£375,162	£3,252	42
1996	£331,059	£2,641	44
1995	£325,104	£2,011	24

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,676,280	£16,667	7
2023	£8,914,442	£13,764	15
2022	£10,846,807	£20,682	21
2021	£14,006,020	£63,647	37
2020	£2,191,956	£29,574	29
2019	£2,745,912	£15,619	41
2018	£4,105,426	£17,625	34
2017	£18,875,200	£17,174	44
2016	£5,495,559	£23,147	50
2015	£5,921,728	£16,036	19
2014	£3,606,765	£73,417	15
2013	£1,887,583	£15,312	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,500,000		1
2019	£3,000,000	£18,634	1
2011	£3,035,500	£11,414	2
2008	£715,000	£8,412	1
2007	£1,050,000		2
2002	£1,395,000	£5,280	4
1999	£386,400	£4,437	5
1998	£445,000		2
1997	£276,667	£3,042	3
1996	£140,000	£216	1
1995	£1,663,419		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£5,900,000		1
2017	£3,996,000	£25,615	1
2015	£935,000	£15,455	1
2014	£2,025,000		1
2010	£1,800,000		1
2009	£1,495,000	£8,951	2
2008	£1,040,000		1
2007	£1,225,431	£11,164	6
2006	£1,192,500	£7,355	2
2005	£1,450,000		1
2004	£1,250,000		1
2003	£1,060,000		1
2002	£716,857	£7,607	7
2001	£794,998	£7,259	3
2000	£548,500	£4,253	5
1999	£429,375	£3,258	8
1998	£437,000	£2,381	5
1997	£230,000	£2,500	5
1996	£148,500		3
1995	£170,000		1

House Type in NW1 5AE area

The most common house types in the NW1 5AE postcode area are Flat (116), Detached (1), and commercial building (1).

Total	118
Flat	116
Detached	1
commercial building	1
Semi-detached	0
Terraced	0
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (53), and Owned: Owns outright (31).

Private rented: Private landlord or letting agency	53
Owned: Owns outright	31
Owned: Owns with a mortgage or loan	25
Private rented: Other private rented	7
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the NW1 5AE have 1 person in household (49), and 2 people in household (39).

1 person in household	49
2 people in household	39
3 people in household	19
4 people in household	10
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0