Housing Market Analysis for NW1 5GB

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NW1 5GB 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.

    All the Sales in the NW1 5GB

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

    AddressSold DatePrice% Change

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

    NW1 5GB Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the NW1 5GB 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 5GB postcode.

    • Flat
      • The average price is around £689,956 median price is £425,000 Standard Deviation is £961,362 with Total Sold: 9,082
      • The Last 5 Year average price is £1,342,253 with Total Sold: 987
      • 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 £1,478,383 median price is £902,500 Standard Deviation is £1,652,288 with Total Sold: 716
      • The Last 5 Year average price is £3,244,876 with Total Sold: 85
      • 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 £7,896,347 median price is £1,032,500 Standard Deviation is £36,808,884 with Total Sold: 326
      • The Last 5 Year average price is £7,607,617 with Total Sold: 147
      • 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 £1,019,571 median price is £594,500 Standard Deviation is £1,043,539 with Total Sold: 20
      • The Last 5 Year average price is £1,500,000 with Total Sold: 1
      • 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 £1,407,068 median price is £537,500 Standard Deviation is £3,277,799 with Total Sold: 53
      • The Last 5 Year average price is £23,710,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 19 YORK TERRACE EAST: £23,710,000 (Sold on 25 Nov 2019)
      • 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
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£1,388,106 £15,785 85
    2023£1,346,866 £14,298 167
    2022£1,281,285 £13,613 183
    2021£1,201,606 £13,299 207
    2020£1,492,124 £14,594 138
    2019£1,414,337 £14,744 207
    2018£1,898,594 £16,589 216
    2017£2,102,885 £18,212 218
    2016£1,538,725 £15,123 211
    2015£1,145,659 £14,620 270
    2014£1,107,261 £13,953 333
    2013£992,699 £11,412 246
    2012£901,225 £11,066 244
    2011£840,014 £9,703 237
    2010£760,557 £8,984 269
    2009£659,737 £7,574 230
    2008£697,018 £7,860 236
    2007£684,220 £7,876 400
    2006£516,935 £6,133 416
    2005£434,243 £5,900 338
    2004£440,429 £5,041 356
    2003£398,773 £4,881 315
    2002£400,711 £4,849 415
    2001£377,268 £4,628 581
    2000£309,596 £3,748 435
    1999£255,422 £3,015 536
    1998£238,039 £2,828 414
    1997£199,903 £2,384 520
    1996£167,971 £1,868 362
    1995£161,081 £1,795 297
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,452,200 £30,000 4
    2023£4,242,049 £21,243 20
    2022£3,086,482 £22,808 18
    2021£2,508,053 £16,595 19
    2020£2,891,250 £19,800 12
    2019£3,605,000 £15,782 12
    2018£2,546,900 £16,419 20
    2017£2,803,998 £14,824 20
    2016£2,672,909 £14,793 11
    2015£2,975,655 £16,174 20
    2014£3,450,500 £19,413 20
    2013£2,728,419 £17,290 31
    2012£1,744,997 £13,959 18
    2011£1,854,759 £14,565 17
    2010£1,490,454 £11,188 27
    2009£1,286,357 £9,494 14
    2008£1,611,764 £11,097 12
    2007£1,672,059 £11,947 17
    2006£1,358,178 £7,772 32
    2005£975,603 £5,905 29
    2004£877,528 £6,804 34
    2003£734,689 £5,524 33
    2002£735,838 £5,627 37
    2001£677,265 £4,777 43
    2000£479,203 £4,890 34
    1999£515,411 £3,967 31
    1998£436,100 £3,337 34
    1997£391,857 £3,098 36
    1996£341,576 £2,610 41
    1995£341,625 £1,949 20
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£1,676,280 £16,667 7
    2023£9,534,330 £13,764 14
    2022£10,992,647 £9,635 20
    2021£14,714,078 £63,647 35
    2020£4,278,908 £29,574 27
    2019£2,789,293 £15,619 44
    2018£3,646,314 £12,507 40
    2017£20,321,654 £14,939 41
    2016£5,367,345 £20,580 55
    2015£5,921,728 £16,036 19
    2014£3,979,794 £73,417 13
    2013£1,581,364 £10,110 11
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£1,500,0001
    2011£3,035,500 £11,414 2
    2008£715,000 £8,412 1
    2007£1,050,0002
    2002£1,576,6673
    1999£438,000 £4,946 4
    1998£445,0002
    1997£276,667 £3,042 3
    1996£140,000 £216 1
    1995£1,663,4191
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2019£23,710,000 £54,142 1
    2018£5,900,0001
    2017£3,996,000 £25,615 1
    2014£2,025,0001
    2010£1,800,0001
    2009£1,495,000 £8,951 2
    2008£1,040,0001
    2007£1,225,431 £11,164 6
    2006£1,192,500 £7,355 2
    2005£1,450,0001
    2004£1,250,0001
    2003£1,060,0001
    2002£1,241,857 £7,254 7
    2001£794,998 £7,259 3
    2000£435,625 £4,191 4
    1999£429,375 £3,258 8
    1998£433,750 £2,381 4
    1997£252,500 £2,500 4
    1996£148,5003
    1995£170,0001

    House Type in NW1 5GB area

    The most common house types in the NW1 5GB postcode area are Flat (147), Shared house (2), and commercial building (1).

    Total150
    Flat147
    Shared house2
    commercial building1
    Detached0
    Semi-detached0
    Terraced0
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (43), and Private rented: Private landlord or letting agency (42).

    Owned: Owns outright43
    Private rented: Private landlord or letting agency42
    Social rented: Other social rented27
    Owned: Owns with a mortgage or loan20
    Private rented: Other private rented11
    Shared ownership: Shared ownership7
    Does not apply0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the NW1 5GB have 2 people in household (50), and 1 person in household (40).

    2 people in household50
    1 person in household40
    3 people in household35
    4 people in household12
    5 people in household8
    6 people in household5
    0 people in household0
    7 people in household0
    8 or more people in household0