Housing Market Analysis for NW1 5RE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    NW1 5RE Near By properties

    Interactive Map

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

    • Other
      • The average price is around £4,084,329 median price is £1,000,000 Standard Deviation is £11,487,199 with Total Sold: 308
      • The Last 5 Year average price is £4,210,566 with Total Sold: 143
      • The most recent sale happened at this postcode is , 13 ASHBRIDGE STREET: £1,150,000 (Sold on 16 Sep 2024)
      • The first recorded sale happened at this postcode is , 160 - 162 EDGWARE ROAD: £121,550 (Sold on 09 Jun 2011)
    • Terraced
      • The average price is around £1,463,274 median price is £936,750 Standard Deviation is £1,545,865 with Total Sold: 1,110
      • The Last 5 Year average price is £3,021,255 with Total Sold: 146
      • The most recent sale happened at this postcode is , 15 PRAED MEWS: £905,000 (Sold on 16 Sep 2024)
      • The first recorded sale happened at this postcode is , 92 SUSSEX GARDENS: £600,000 (Sold on 05 Jan 1995)
    • Flat
      • The average price is around £583,000 median price is £380,000 Standard Deviation is £614,555 with Total Sold: 12,184
      • The Last 5 Year average price is £1,138,691 with Total Sold: 1,597
      • The most recent sale happened at this postcode is FIRST FLOOR FLAT 2 AND TERRACE, 109 - 111 CRAWFORD STREET: £790,000 (Sold on 06 Sep 2024)
      • The first recorded sale happened at this postcode is FLAT 25, 25 PORCHESTER PLACE: £115,000 (Sold on 03 Jan 1995)
    • Semi-Detached
      • The average price is around £1,178,999 median price is £700,000 Standard Deviation is £1,207,174 with Total Sold: 57
      • The Last 5 Year average price is £4,210,772 with Total Sold: 5
      • The most recent sale happened at this postcode is , 45 ALBION STREET: £4,250,000 (Sold on 15 Aug 2024)
      • The first recorded sale happened at this postcode is , 1 HYDE PARK CRESCENT: £575,000 (Sold on 15 Sep 1995)
    • Detached
      • The average price is around £1,000,866 median price is £727,500 Standard Deviation is £825,977 with Total Sold: 23
      • The Last 5 Year average price is £1,805,000 with Total Sold: 4
      • 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)

    Sold Price Trend Over the Years:

    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,115,714 £68,160 7
    2023£1,003,068 £23,157 19
    2022£3,343,472 £23,082 21
    2021£4,866,077 £41,451 44
    2020£7,690,082 £10,524 26
    2019£3,230,010 £8,343 26
    2018£5,773,414 £18,467 32
    2017£4,399,248 £24,637 56
    2016£2,141,792 £13,027 38
    2015£2,947,657 £22,728 18
    2014£6,614,702 £140,701 11
    2013£1,936,222 £16,058 9
    2011£121,5501
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,797,880 £10,863 10
    2023£2,787,221 £16,418 28
    2022£2,766,989 £16,696 28
    2021£3,159,362 £16,702 29
    2020£3,541,130 £15,149 25
    2019£2,979,107 £14,038 26
    2018£2,532,542 £14,533 24
    2017£3,105,680 £15,537 25
    2016£2,620,897 £13,981 28
    2015£3,041,100 £17,356 31
    2014£2,963,871 £17,392 31
    2013£2,471,400 £17,641 38
    2012£1,794,516 £12,070 31
    2011£1,676,810 £13,093 27
    2010£1,623,522 £10,381 27
    2009£1,480,773 £9,264 22
    2008£1,828,925 £11,962 20
    2007£1,585,439 £9,364 46
    2006£1,145,483 £6,653 58
    2005£951,261 £5,711 46
    2004£928,434 £6,282 57
    2003£677,329 £4,918 39
    2002£932,148 £4,945 44
    2001£628,998 £3,740 54
    2000£602,292 £4,171 58
    1999£527,655 £3,542 59
    1998£377,328 £3,005 43
    1997£390,991 £3,049 64
    1996£346,734 £2,226 55
    1995£365,788 £2,023 37
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£968,925 £12,122 93
    2023£1,171,029 £12,320 225
    2022£1,120,288 £13,787 305
    2021£1,227,017 £15,179 497
    2020£1,163,789 £12,994 232
    2019£993,405 £12,678 245
    2018£1,027,255 £12,296 176
    2017£1,108,404 £13,708 259
    2016£1,159,711 £13,881 338
    2015£1,113,881 £13,342 337
    2014£996,874 £12,321 544
    2013£859,301 £10,533 348
    2012£748,216 £9,672 329
    2011£702,347 £9,092 252
    2010£681,775 £8,267 312
    2009£589,309 £7,543 284
    2008£586,457 £7,336 291
    2007£517,313 £7,041 580
    2006£443,721 £5,718 562
    2005£382,971 £5,245 361
    2004£366,242 £5,045 476
    2003£392,942 £5,587 764
    2002£335,966 £4,891 886
    2001£301,063 £3,706 533
    2000£276,532 £3,339 644
    1999£239,487 £2,750 577
    1998£211,935 £2,557 457
    1997£179,297 £2,247 502
    1996£151,197 £1,904 408
    1995£133,956 £1,778 367
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£4,250,0001
    2023£5,400,0001
    2021£3,000,000 £13,699 1
    2020£4,201,930 £14,545 2
    2015£935,000 £15,455 1
    2010£1,800,0001
    2009£2,550,0002
    2008£1,040,0001
    2007£1,165,000 £7,732 5
    2006£2,193,333 £8,526 3
    2005£1,293,7502
    2004£1,212,500 £6,209 2
    2003£814,025 £1,496 4
    2002£1,179,333 £5,442 3
    2001£585,000 £4,237 2
    2000£897,500 £4,059 4
    1999£413,889 £2,402 9
    1998£362,500 £2,381 6
    1997£323,000 £2,164 4
    1996£267,7502
    1995£575,000 £1,662 1
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£1,500,0001
    2022£1,350,000 £12,808 1
    2019£2,185,000 £15,217 2
    2014£708,5001
    2013£745,000 £14,057 1
    2011£2,000,000 £11,414 1
    2009£400,000 £11,567 1
    2003£515,000 £4,886 1
    2002£1,616,667 £5,280 3
    2001£531,667 £3,005 3
    1999£352,667 £5,488 3
    1998£390,0001
    1997£160,000 £3,902 1
    1996£515,0001
    1995£1,431,7102

    House Type in NW1 5RE area

    The most common house types in the NW1 5RE postcode area are Flat (110), commercial building (10), and Shared house (8).

    Total132
    Flat110
    commercial building10
    Shared house8
    Terraced3
    converted building1
    Detached0
    Semi-detached0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (94), and Owned: Owns outright (15).

    Private rented: Private landlord or letting agency94
    Owned: Owns outright15
    Owned: Owns with a mortgage or loan13
    Private rented: Other private rented7
    Social rented: Other social rented2
    Shared ownership: Shared ownership1
    Social rented: Rents from council or Local Authority1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the NW1 5RE have 1 person in household (48), and 4 people in household (20).

    1 person in household48
    4 people in household20
    2 people in household18
    3 people in household18
    5 people in household17
    6 people in household4
    8 or more people in household3
    7 people in household1
    0 people in household0