Housing Market Analysis for GLOUCESTER PLACE, NW1 5AQ

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

Overview of Sold House prices

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

Flat
- The average price is around £428,630 median price is £357,500 Standard Deviation is £272,202 with Total Sold: 52
- The Last 5 Year average price is £765,775 with Total Sold: 4
- The most recent sale happened at this postcode is FLAT 141, DORSET HOUSE GLOUCESTER PLACE: £695,000 (Sold on 26 Aug 2022)
- The first recorded sale happened at this postcode is FLAT 121, DORSET HOUSE GLOUCESTER PLACE: £140,000 (Sold on 19 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NW1 5AQ 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	£727,500	£12,771	2
2021	£925,000	£9,737	1
2020	£683,100	£11,517	1
2017	£911,667	£10,780	3
2016	£952,500	£13,011	2
2013	£762,500	£8,876	4
2011	£570,000	£6,633	1
2010	£470,000	£7,056	5
2006	£413,750	£4,595	2
2005	£355,000	£4,107	2
2004	£389,250	£3,965	4
2003	£330,000	£4,673	4
2002	£355,000	£2,934	1
2001	£242,300	£3,191	5
2000	£250,000	£2,788	2
1999	£200,000	£2,281	4
1998	£150,500	£2,167	2
1997	£200,150	£1,654	1
1996	£132,875	£1,838	4
1995	£151,000	£1,906	2

All the Sales in the GLOUCESTER PLACE, NW1 5AQ

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

Address	Sold Date	Price	% Change
FLAT 141, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 56 Sq.mtrAge: 1900-1929	26 Aug 2022	£695,000	434.62%
	15 May 1998	£130,000	First Sale
FLAT 125, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 57.88 Sq.mtrAge: 1930-1949	04 Feb 2022	£760,000	16.03%
	14 Oct 2016	£655,000	95.52%
	15 Mar 2010	£335,000	79.62%
	20 Jul 2001	£186,500	First Sale
FLAT 144, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 95 Sq.mtrAge: 1930-1949	23 Jul 2021	£925,000	First Sale
FLAT 143, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 59.31 Sq.mtrAge: 1930-1949	19 Mar 2020	£683,100	10.18%
	16 Oct 2017	£620,000	61.04%
	22 Jun 2010	£385,000	First Sale
FLAT 132, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 121 Sq.mtrAge: before 1900	05 Oct 2017	£950,000	120.93%
	04 May 2004	£430,000	21.13%
	05 Nov 2002	£355,000	33.96%
	03 Nov 1999	£265,000	32.40%
	11 Jun 1997	£200,150	First Sale
FLAT 149, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 83 Sq.mtrAge: 1900-1929	13 Apr 2017	£1,165,000	46.54%
	27 Nov 2013	£795,000	140.91%
	30 Jun 2005	£330,000	First Sale
FLAT 140, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 85 Sq.mtrAge: 1930-1949	21 Oct 2016	£1,250,000	60.26%
	05 Feb 2013	£780,000	116.67%
	25 Jun 2003	£360,000	122.22%
	18 Aug 1995	£162,000	First Sale
FLAT 136, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 85 Sq.mtrAge: 1930-1949	05 Aug 2013	£695,000	306.43%
	20 Nov 1998	£171,000	First Sale
FLAT 127, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 91 Sq.mtrAge: 1930-1949	10 Jan 2013	£780,000	173.68%
	27 Jul 2001	£285,000	First Sale
FLAT 124, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 85.94 Sq.mtrAge: 1900-1929	26 Oct 2011	£570,000	62.86%
	15 Apr 2004	£350,000	First Sale
FLAT 145, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 74.96 Sq.mtrAge: 1930-1949	14 Dec 2010	£565,000	5.61%
	24 Mar 2010	£535,000	148.84%
	15 Oct 1999	£215,000	68.63%
	09 Dec 1996	£127,500	First Sale
FLAT 146, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 63.66 Sq.mtrAge: 1930-1949	01 Nov 2010	£530,000	51.43%
	26 Nov 2003	£350,000	143.90%
	20 Dec 1996	£143,500	First Sale
FLAT 123, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 97 Sq.mtrAge: 1930-1949	15 Nov 2006	£415,000	First Sale
FLAT 126, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 84 Sq.mtrAge: 1930-1949	30 Jun 2006	£412,500	14.58%
	23 Oct 2003	£360,000	First Sale
FLAT 138, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 89.66 Sq.mtrAge: 1930-1949	28 Jan 2005	£380,000	52.00%
	24 Nov 2000	£250,000	33.69%
	02 Oct 1996	£187,000	First Sale
FLAT 130, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 86 Sq.mtrAge: 1930-1949	19 May 2004	£367,000	46.80%
	23 Jan 2001	£250,000	First Sale
FLAT 122, DORSET HOUSE GLOUCESTER PLACEFlat, Leasehold	11 Mar 2004	£410,000	64.00%
FLAT 122, DORSET HOUSE GLOUCESTER PLACEFlat, Leasehold	06 Jan 2000	£250,000	First Sale
FLAT 134, DORSET HOUSE GLOUCESTER PLACEFlat, Leasehold	19 Jun 2003	£250,000	First Sale
FLAT 142, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 98.66 Sq.mtr	31 Aug 2001	£300,000	57.89%
	23 Apr 1999	£190,000	First Sale
FLAT 137, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 52 Sq.mtrAge: 1930-1949	04 May 2001	£190,000	First Sale
FLAT 148, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 60.77 Sq.mtrAge: 1930-1949	02 Jul 1999	£130,000	First Sale
FLAT 131, DORSET HOUSE GLOUCESTER PLACEFlat, LeaseholdArea: 56 Sq.mtrAge: 1900-1929	27 Jun 1996	£73,500	First Sale
FLAT 121, DORSET HOUSE GLOUCESTER PLACEFlat, Leasehold	19 Jan 1995	£140,000	First Sale

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

GLOUCESTER PLACE, NW1 5AQ Near By properties

Interactive Map

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

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