Housing Market Analysis for GLOUCESTER PLACE, NW1 5AF

Are you looking to understand NW1 5AF 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 5AF area, explore the NW1 5AF Area information page.
For comprehensive crime statistics in the NW1 5AF area, explore the NW1 5AF Crime Rates page.

Overview of Sold House prices

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

Flat
- The average price is around £545,969 median price is £505,000 Standard Deviation is £355,092 with Total Sold: 44
- The Last 5 Year average price is £600,000 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 81, DORSET HOUSE GLOUCESTER PLACE: £600,000 (Sold on 14 Jun 2019)
- The first recorded sale happened at this postcode is FLAT 81, DORSET HOUSE GLOUCESTER PLACE: £95,000 (Sold on 28 Feb 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NW1 5AF 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
2019	£600,000	£10,562	1
2018	£682,500	£10,739	2
2017	£1,150,000	£13,052	4
2016	£967,500	£11,114	2
2015	£825,000	£11,714	2
2014	£812,500	£10,706	4
2013	£660,000	£8,709	3
2012	£621,500	£6,683	1
2011	£595,000	£6,834	2
2010	£615,000		1
2009	£525,000		1
2008	£427,500	£5,662	2
2006	£350,000	£4,667	1
2004	£354,750	£4,543	5
2003	£269,950	£4,950	1
2002	£284,983	£3,790	3
2001	£231,167	£2,947	3
2000	£165,000	£2,831	1
1999	£143,500	£2,225	2
1997	£237,000	£2,522	1
1996	£102,500	£1,599	2

All the Sales in the GLOUCESTER PLACE, NW1 5AF

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

Address	Sold Date	Price	% Change
FLAT 81, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 56.81 Sq.mtrAge: before 1900	14 Jun 2019	£600,000	531.58%
	28 Feb 1996	£95,000	First Sale
FLAT 95, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 54.53 Sq.mtrAge: 1930-1949	18 Dec 2018	£605,000	124.12%
	23 Jul 2003	£269,950	First Sale
FLAT 80, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 73.2 Sq.mtrAge: 1930-1949	11 Oct 2018	£760,000	131.71%
	08 Oct 2004	£328,000	First Sale
FLAT 96, DORSET HOUSE GLOUCESTER PLACEFlat, Leasehold	21 Dec 2017	£2,050,000	290.48%
FLAT 96, DORSET HOUSE GLOUCESTER PLACEFlat, Leasehold	01 Dec 2008	£525,000	First Sale
FLAT 93, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 78 Sq.mtrAge: 1930-1949	23 May 2017	£850,000	259.41%
	13 Mar 2001	£236,500	First Sale
FLAT 90, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 62 Sq.mtrAge: 1930-1949	06 Apr 2017	£885,000	22.07%
	10 Dec 2015	£725,000	First Sale
FLAT 74, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 58.28 Sq.mtrAge: 1900-1929	27 Jan 2017	£815,000	26.36%
	29 Aug 2014	£645,000	4.03%
	14 Mar 2014	£620,000	87.88%
	18 Jan 2008	£330,000	46.67%
	01 Mar 2002	£225,000	36.36%
	17 Mar 2000	£165,000	First Sale
FLAT 72, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 108 Sq.mtrAge: 1900-1929	19 Dec 2016	£1,000,000	First Sale
FLAT 87, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 72.1 Sq.mtrAge: 1900-1929	11 Mar 2016	£935,000	750.00%
	18 Jul 1996	£110,000	First Sale
FLAT 75, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 78.83 Sq.mtrAge: 1930-1949	23 Feb 2015	£925,000	First Sale
FLAT 79, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 94 Sq.mtrAge: 1930-1949	19 Sep 2014	£1,100,000	24.29%
	31 Jan 2014	£885,000	115.85%
	29 Oct 2004	£410,000	24.24%
	17 Jun 2002	£330,000	First Sale
FLAT 92, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 83.05 Sq.mtrAge: 1930-1949	02 Oct 2013	£700,000	105.88%
	17 Nov 2004	£340,000	First Sale
FLAT 83, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 83.89 Sq.mtrAge: 1930-1949	06 Sep 2013	£795,000	98.75%
	15 Dec 2004	£400,000	First Sale
FLAT 88, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 59 Sq.mtrAge: 1900-1929	14 May 2013	£485,000	63.99%
	16 Aug 2004	£295,750	62.50%
	24 Apr 2001	£182,000	28.17%
	08 Jul 1999	£142,000	First Sale
FLAT 89, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 93 Sq.mtrAge: 1930-1949	12 Sep 2012	£621,500	First Sale
FLAT 94, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 70 Sq.mtrAge: 1930-1949	18 Apr 2011	£430,000	First Sale
FLAT 84, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 101 Sq.mtrAge: 1930-1949	25 Jan 2011	£760,000	176.36%
	08 Jan 2001	£275,000	First Sale
FLAT 76, DORSET HOUSE GLOUCESTER PLACEFlat, Leasehold	01 Sep 2010	£615,000	17.14%
FLAT 76, DORSET HOUSE GLOUCESTER PLACEFlat, Leasehold	03 Sep 2009	£525,000	First Sale
FLAT 73, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 75 Sq.mtrAge: 1930-1949	17 Jul 2006	£350,000	16.69%
	04 Nov 2002	£299,950	First Sale
FLAT 97, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 71 Sq.mtrAge: 1930-1949	25 May 1999	£145,000	First Sale
FLAT 86, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 93.97 Sq.mtrAge: 1930-1949	02 Jul 1997	£237,000	First Sale

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

GLOUCESTER PLACE, NW1 5AF Near By properties

Interactive Map

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

The most common house types in the NW1 5AF 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 5AF 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