Housing Market Analysis for PALACE PLACE, SW1E 5BJ

Are you looking to understand SW1E 5BJ 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 SW1E 5BJ area, explore the SW1E 5BJ Area information page.
For comprehensive crime statistics in the SW1E 5BJ area, explore the SW1E 5BJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SW1E 5BJ postcode area, The average prices are as follows,

  • Flat
    • The average price is around £2,027,501 median price is £1,702,500 Standard Deviation is £993,874 with Total Sold: 26
    • The Last 5 Year average price is £2,900,000 with Total Sold: 2
    • The most recent sale happened at this postcode is APARTMENT 501, 1 PALACE PLACE: £2,500,000 (Sold on 14 Dec 2022)
    • The first recorded sale happened at this postcode is APARTMENT 301, 1 PALACE PLACE: £1,300,000 (Sold on 21 Feb 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average SW1E 5BJ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£2,500,000 £19,231 1
2020£3,300,0001
2018£2,300,000 £14,024 1
2017£1,270,0001
2016£950,000 £13,971 1
2014£2,112,990 £17,194 5
2013£3,387,500 £18,314 2
2012£2,796,000 £19,982 2
2011£1,621,922 £12,451 12

All the Sales in the PALACE PLACE, SW1E 5BJ

See the table below for more details on the sold house prices in the SW1E 5BJ, Westminster postcode.

AddressSold DatePrice% Change
APARTMENT 501, 1 PALACE PLACEFlat, LeaseholdArea: 130 Sq.mtrAge: 2003-200614 Dec 2022£2,500,00034.77%
05 Apr 2011£1,855,000First Sale
APARTMENT 603, 1 PALACE PLACEFlat, Leasehold04 Dec 2020£3,300,000-7.04%
03 Feb 2014£3,550,000First Sale
APARTMENT 306, 1 PALACE PLACEFlat, LeaseholdArea: 164 Sq.mtrAge: 2007 onwards28 Feb 2018£2,300,000First Sale
APARTMENT 303, 1 PALACE PLACEFlat, Leasehold21 Jul 2017£1,270,000First Sale
APARTMENT 302, 1 PALACE PLACEFlat, LeaseholdArea: 68 Sq.mtrAge: 2003-200618 May 2016£950,000First Sale
APARTMENT 702, 1 PALACE PLACEFlat, LeaseholdArea: 187 Sq.mtrAge: 2003-200601 Dec 2014£3,280,000First Sale
APARTMENT 301, 1 PALACE PLACEFlat, LeaseholdArea: 92 Sq.mtrAge: 2003-200625 Sep 2014£1,550,00019.23%
21 Feb 2011£1,300,000First Sale
APARTMENT 405, 1 PALACE PLACEFlat, Leasehold15 Aug 2014£1,200,00014.96%
18 Mar 2011£1,043,800First Sale
APARTMENT 202, 1 PALACE PLACEFlat, Leasehold14 Mar 2014£984,950First Sale
APARTMENT 701, 1 PALACE PLACEFlat, LeaseholdArea: 172 Sq.mtrAge: 2007 onwards05 Sep 2013£3,150,00057.50%
24 Oct 2011£2,000,000First Sale
APARTMENT 703, 1 PALACE PLACEFlat, Leasehold10 May 2013£3,625,000First Sale
APARTMENT 803, 1 PALACE PLACEFlat, LeaseholdArea: 175 Sq.mtrAge: 1996-200218 Jul 2012£3,100,000First Sale
APARTMENT 801, 1 PALACE PLACEFlat, LeaseholdArea: 112 Sq.mtrAge: INVALID!27 Mar 2012£2,492,000First Sale
APARTMENT 101, 1 PALACE PLACEFlat, LeaseholdArea: 97 Sq.mtrAge: 2003-200630 Jun 2011£925,815First Sale
APARTMENT 504, 1 PALACE PLACEFlat, Leasehold31 Mar 2011£3,350,000First Sale
APARTMENT 305, 1 PALACE PLACEFlat, LeaseholdArea: 91 Sq.mtrAge: 2003-200618 Mar 2011£995,000First Sale
APARTMENT 601, 1 PALACE PLACEFlat, Leasehold16 Mar 2011£3,475,000First Sale
APARTMENT 203, 1 PALACE PLACEFlat, Leasehold10 Mar 2011£1,128,000First Sale
APARTMENT 201, 1 PALACE PLACEFlat, LeaseholdArea: 93 Sq.mtrAge: 1976-198208 Mar 2011£1,178,100First Sale
APARTMENT 401, 1 PALACE PLACEFlat, LeaseholdArea: 94 Sq.mtrAge: 2007-201125 Feb 2011£1,314,350First Sale
APARTMENT 307, 1 PALACE PLACEFlat, Leasehold23 Feb 2011£898,000First Sale

Check out the sold house prices near the SW1E 5BJ postcode. Properties currently for saleProperties currently for rent

PALACE PLACE, SW1E 5BJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SW1E 5BJ 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 SW1E 5BJ postcode.

  • Terraced
    • The average price is around £2,873,642 median price is £1,624,500 Standard Deviation is £3,592,447 with Total Sold: 421
    • The Last 5 Year average price is £5,511,211 with Total Sold: 64
    • The most recent sale happened at this postcode is , 18 LITTLE CHESTER STREET: £2,800,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 VICTORIA SQUARE: £100,000 (Sold on 03 Jan 1995)
  • Flat
    • The average price is around £977,063 median price is £600,000 Standard Deviation is £1,174,996 with Total Sold: 3,391
    • The Last 5 Year average price is £1,740,397 with Total Sold: 370
    • The most recent sale happened at this postcode is 148, ASHLEY GARDENS THIRLEBY ROAD: £1,400,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 20, ASHLEY MANSIONS, 254 VAUXHALL BRIDGE ROAD: £75,000 (Sold on 09 Jan 1995)
  • Other
    • The average price is around £6,122,562 median price is £1,539,000 Standard Deviation is £17,304,338 with Total Sold: 237
    • The Last 5 Year average price is £4,029,861 with Total Sold: 64
    • The most recent sale happened at this postcode is FLAT 8, 1A GROSVENOR GARDENS: £1,250,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 73 CHESTER SQUARE: £4,160,500 (Sold on 09 Sep 2013)
  • Semi-Detached
    • The average price is around £706,000 median price is £480,000 Standard Deviation is £515,367 with Total Sold: 13
    • The most recent sale happened at this postcode is , 47 GREENCOAT PLACE: £1,360,000 (Sold on 22 Aug 2013)
    • The first recorded sale happened at this postcode is , 69A GREENCOAT PLACE: £158,000 (Sold on 28 Oct 1996)
  • Detached
    • The average price is around £4,308,192 median price is £805,250 Standard Deviation is £9,470,078 with Total Sold: 10
    • The most recent sale happened at this postcode is , 55 CATHERINE PLACE: £4,400,000 (Sold on 14 Nov 2011)
    • The first recorded sale happened at this postcode is 125, ASHLEY GARDENS THIRLEBY ROAD: £272,500 (Sold on 28 Feb 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£4,980,429 £20,661 7
2023£6,021,469 £16,810 12
2022£5,771,333 £16,167 15
2021£4,877,500 £20,515 20
2020£6,147,688 £18,788 10
2019£6,376,214 £20,331 7
2018£4,870,500 £17,761 10
2017£3,409,615 £14,589 13
2016£8,651,250 £11,345 6
2015£4,555,833 £19,466 6
2014£3,912,562 £16,315 24
2013£4,400,750 £11,954 10
2012£5,565,850 £16,444 14
2011£3,332,222 £13,882 9
2010£2,586,389 £12,081 9
2009£1,739,001 £9,384 6
2008£4,175,278 £13,839 18
2007£2,112,411 £9,780 22
2006£1,848,476 £8,455 25
2005£1,278,615 £8,190 19
2004£1,447,471 £4,569 14
2003£1,286,007 £5,757 15
2002£1,327,900 £5,774 28
2001£1,189,694 £5,394 18
2000£1,039,314 £4,150 16
1999£936,068 £3,158 23
1998£1,072,579 £3,928 13
1997£582,947 £3,122 15
1996£622,000 £3,068 10
1995£471,000 £1,232 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,383,688 £13,337 16
2023£2,047,212 £12,824 135
2022£1,939,812 £13,963 84
2021£1,265,847 £12,693 75
2020£1,459,190 £13,579 60
2019£1,666,252 £14,804 87
2018£1,977,321 £17,013 95
2017£1,763,683 £18,785 196
2016£1,715,375 £16,516 104
2015£1,560,197 £15,443 200
2014£1,509,417 £15,379 140
2013£1,336,903 £14,122 101
2012£1,289,112 £12,805 121
2011£1,065,704 £9,584 73
2010£857,889 £9,678 122
2009£657,770 £7,803 80
2008£829,928 £7,949 78
2007£727,368 £6,706 104
2006£664,599 £6,211 171
2005£552,357 £5,732 176
2004£468,829 £4,915 110
2003£442,968 £4,570 111
2002£472,550 £5,008 178
2001£368,301 £4,088 101
2000£346,707 £3,579 111
1999£340,137 £3,485 157
1998£357,875 £3,252 103
1997£216,955 £2,357 166
1996£171,111 £1,997 67
1995£194,408 £1,783 69
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£5,033,3333
2023£1,952,500 £9,799 14
2022£1,336,221 £20,279 10
2021£6,288,654 £6,957 19
2020£4,590,525 £12,613 18
2019£4,977,783 £7,029 77
2018£11,860,439 £19,616 25
2017£4,389,135 £18,354 24
2016£7,455,590 £22,084 24
2015£12,018,956 £250,000 12
2014£4,357,077 £14,000 7
2013£13,583,875 £9,309 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£1,360,000 £11,549 1
2000£650,0001
1999£1,115,000 £3,636 2
1998£440,000 £2,690 3
1997£783,750 £4,904 4
1996£241,500 £4,158 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£4,400,0001
2006£1,711,321 £7,943 1
1999£16,418,7502
1998£1,850,0001
1997£456,620 £2,394 5

House Type in SW1E 5BJ area

The most common house types in the SW1E 5BJ postcode area are Flat (188), converted building (15), and commercial building (14).

Total247
Flat188
converted building15
commercial building14
Terraced13
Detached9
Shared house7
Semi-detached1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (129), and Private rented: Other private rented (52).

Private rented: Private landlord or letting agency129
Private rented: Other private rented52
Owned: Owns outright30
Social rented: Other social rented23
Owned: Owns with a mortgage or loan12
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 SW1E 5BJ have 1 person in household (100), and 2 people in household (72).

1 person in household100
2 people in household72
3 people in household47
4 people in household15
5 people in household9
8 or more people in household2
6 people in household1
0 people in household0
7 people in household0