Housing Market Analysis for NW1 5LR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average NW1 5LR 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 5LR

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

    AddressSold DatePrice% Change

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

    NW1 5LR Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £790,111 median price is £450,000 Standard Deviation is £1,212,952 with Total Sold: 7,263
      • The Last 5 Year average price is £1,778,128 with Total Sold: 846
      • 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)
    • Other
      • The average price is around £7,789,845 median price is £1,002,363 Standard Deviation is £37,307,780 with Total Sold: 315
      • The Last 5 Year average price is £7,829,371 with Total Sold: 146
      • 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 , 82 GLOUCESTER PLACE: £5,500,000 (Sold on 03 Sep 2013)
    • Semi-Detached
      • The average price is around £1,772,369 median price is £625,000 Standard Deviation is £3,537,583 with Total Sold: 49
      • The Last 5 Year average price is £15,755,000 with Total Sold: 2
      • The most recent sale happened at this postcode is , 3 BRUNSWICK PLACE: £7,800,000 (Sold on 14 Feb 2024)
      • The first recorded sale happened at this postcode is , 106 BOSTON PLACE: £170,000 (Sold on 25 Apr 1995)
    • Terraced
      • The average price is around £1,735,595 median price is £1,005,000 Standard Deviation is £1,966,628 with Total Sold: 672
      • The Last 5 Year average price is £3,771,712 with Total Sold: 88
      • The most recent sale happened at this postcode is , 17 DORSET SQUARE: £5,750,000 (Sold on 08 Feb 2024)
      • The first recorded sale happened at this postcode is , 2 DORSET STREET: £500,000 (Sold on 06 Jan 1995)
    • Detached
      • The average price is around £1,275,000 median price is £594,500 Standard Deviation is £1,384,794 with Total Sold: 14
      • The most recent sale happened at this postcode is , 17 WIMPOLE MEWS: £4,250,000 (Sold on 09 Dec 2015)
      • The first recorded sale happened at this postcode is , 10 CORNWALL TERRACE: £140,000 (Sold on 16 Feb 1996)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£1,454,307 £15,487 66
    2023£1,591,492 £16,120 142
    2022£1,896,744 £17,010 172
    2021£1,590,952 £15,710 177
    2020£2,412,633 £18,799 132
    2019£1,630,661 £15,902 157
    2018£2,100,245 £17,939 187
    2017£2,351,583 £19,414 181
    2016£1,723,070 £16,129 170
    2015£1,237,264 £15,478 215
    2014£1,182,478 £14,587 256
    2013£1,093,755 £12,135 207
    2012£912,058 £11,618 177
    2011£851,958 £10,269 198
    2010£815,813 £9,292 223
    2009£720,348 £8,013 178
    2008£731,044 £8,097 208
    2007£725,603 £8,062 313
    2006£561,702 £6,460 349
    2005£466,933 £6,305 258
    2004£474,137 £5,052 266
    2003£437,962 £4,905 244
    2002£400,734 £4,839 340
    2001£363,669 £4,373 306
    2000£322,613 £3,792 327
    1999£260,728 £3,033 473
    1998£252,665 £2,873 366
    1997£215,614 £2,384 395
    1996£183,636 £1,955 318
    1995£177,585 £1,859 262
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£1,719,7404
    2023£7,555,559 £13,764 19
    2022£11,021,971 £2,147 16
    2021£15,212,608 £34,660 32
    2020£7,247,709 £29,367 28
    2019£2,692,825 £20,147 47
    2018£888,515 £11,544 46
    2017£26,012,687 £14,155 33
    2016£4,865,182 £20,580 56
    2015£5,740,667 £37,000 15
    2014£2,769,777 £28,415 12
    2013£2,803,571 £13,074 7
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£7,800,000 £18,750 1
    2019£23,710,000 £54,142 1
    2018£5,900,0001
    2017£3,996,000 £25,615 1
    2014£2,025,0001
    2011£5,475,000 £13,161 1
    2010£1,800,0001
    2009£1,495,000 £8,951 2
    2008£1,495,000 £8,478 2
    2007£1,359,396 £7,981 4
    2006£923,167 £7,355 3
    2005£1,450,0001
    2004£1,250,0001
    2003£1,060,0001
    2002£1,421,667 £9,269 6
    2001£794,998 £7,259 3
    2000£401,667 £4,191 3
    1999£460,833 £4,026 6
    1998£461,6673
    1997£240,000 £2,771 2
    1996£318,2504
    1995£170,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£5,750,0001
    2023£4,448,367 £22,794 19
    2022£3,323,940 £22,583 22
    2021£3,054,105 £18,926 19
    2020£4,525,141 £20,725 14
    2019£3,625,769 £16,396 13
    2018£2,808,222 £17,263 18
    2017£3,923,807 £16,688 21
    2016£2,718,846 £17,137 13
    2015£3,398,283 £19,822 18
    2014£3,477,105 £19,681 19
    2013£3,237,573 £20,059 28
    2012£1,799,162 £14,564 12
    2011£2,404,744 £16,224 16
    2010£1,858,272 £12,112 25
    2009£1,630,455 £10,421 11
    2008£1,611,764 £11,097 12
    2007£1,991,316 £12,144 19
    2006£1,454,839 £8,170 33
    2005£1,061,189 £6,844 20
    2004£921,509 £6,032 28
    2003£1,036,266 £7,665 37
    2002£822,110 £5,534 31
    2001£634,394 £4,928 36
    2000£545,255 £5,255 31
    1999£556,235 £3,824 33
    1998£514,330 £3,043 30
    1997£401,310 £3,067 35
    1996£362,579 £2,824 36
    1995£323,086 £2,099 22
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2015£4,250,000 £25,758 1
    2011£4,071,0001
    2010£3,100,0001
    2008£715,000 £8,412 1
    2007£1,050,0002
    2002£715,0002
    1999£437,000 £2,861 2
    1998£500,0001
    1997£335,000 £2,182 2
    1996£140,000 £216 1

    House Type in NW1 5LR area

    The most common house types in the NW1 5LR postcode area are Flat (81), Shared house (3), and Semi-detached (1).

    Total86
    Flat81
    Shared house3
    Semi-detached1
    Terraced1
    Detached0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (34), and Owned: Owns outright (32).

    Private rented: Private landlord or letting agency34
    Owned: Owns outright32
    Owned: Owns with a mortgage or loan12
    Private rented: Other private rented7
    Social rented: Other social rented1
    Does not apply0
    Shared ownership: Shared ownership0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the NW1 5LR have 1 person in household (41), and 2 people in household (30).

    1 person in household41
    2 people in household30
    3 people in household8
    4 people in household6
    5 people in household1
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0