Housing Market Analysis for WESTMINSTER PALACE GARDENS, SW1P 1RR

Are you looking to understand SW1P 1RR 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 SW1P 1RR area, explore the SW1P 1RR Area information page.
For comprehensive crime statistics in the SW1P 1RR area, explore the SW1P 1RR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SW1P 1RR postcode area, The average prices are as follows,

Flat
- The average price is around £435,819 median price is £295,000 Standard Deviation is £350,255 with Total Sold: 29
- The Last 5 Year average price is £728,333 with Total Sold: 3
- The most recent sale happened at this postcode is 44A WESTMINSTER PALACE GARDENS: £850,000 (Sold on 12 Jan 2022)
- The first recorded sale happened at this postcode is 29 WESTMINSTER PALACE GARDENS: £780,000 (Sold on 16 Aug 2024)
Terraced
- The average price is around £176,750 median price is £176,750 Standard Deviation is £73,250 with Total Sold: 2
- The most recent sale happened at this postcode is 33 WESTMINSTER PALACE GARDENS: £250,000 (Sold on 29 Sep 2006)
- The first recorded sale happened at this postcode is 33 WESTMINSTER PALACE GARDENS: £103,500 (Sold on 20 Aug 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average SW1P 1RR 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	£850,000	£14,706	1
2019	£555,000	£7,400	1
2016	£436,000	£6,877	1
2015	£650,000	£14,130	1
2013	£740,000	£11,672	1
2012	£961,312	£12,900	5
2010	£328,333	£6,926	3
2006	£228,317	£5,133	3
2005	£250,000	£2,336	1
2003	£270,000	£3,532	3
2002	£292,500	£3,925	2
2000	£100,000	£2,105	1
1998	£87,875	£2,647	2
1997	£65,000	£2,006	1
1996	£85,500	£1,943	1
1995	£80,000	£1,384	1
2024	£780,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£250,000	£4,539	1
1997	£103,500	£1,879	1

All the Sales in the WESTMINSTER PALACE GARDENS, SW1P 1RR

See the table below for more details on the sold house prices in the SW1P 1RR, Westminster postcode.

Address	Sold Date	Price	% Change
44A WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 57.8 Sq.mtrAge: before 1900	12 Jan 2022	£850,000	314.63%
	29 Jan 2010	£205,000	First Sale
44 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 75 Sq.mtrAge: 1900-1929	19 Dec 2019	£555,000	First Sale
37 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 63.4 Sq.mtrAge: before 1900	20 Oct 2016	£436,000	First Sale
39 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 46 Sq.mtrAge: before 1900	14 May 2015	£650,000	First Sale
41 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 63.4 Sq.mtrAge: before 1900	02 May 2013	£740,000	First Sale
29 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 61.6 Sq.mtrAge: 1900-1929	25 Jun 2012	£755,000	-3.21%
	16 Aug 2024	£780,000	First Sale
48 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 142 Sq.mtrAge: before 1900	22 Jun 2012	£1,650,000	First Sale
24 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 49 Sq.mtrAge: before 1900	19 Jun 2012	£751,060	First Sale
30 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 73.8 Sq.mtrAge: 1900-1929	22 May 2012	£875,000	First Sale
32A WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 57.7 Sq.mtrAge: 1900-1929	30 Apr 2012	£775,500	First Sale
38A WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 27 Sq.mtrAge: before 1900	26 Jul 2010	£295,000	First Sale
20 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 76.91 Sq.mtrAge: before 1900	19 Mar 2010	£485,000	First Sale
33 WESTMINSTER PALACE GARDENSTerraced, LeaseholdArea: 55.08 Sq.mtrAge: before 1900	29 Sep 2006	£250,000	141.55%
	20 Aug 1997	£103,500	First Sale
25 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 45 Sq.mtrAge: before 1900	21 Jul 2006	£249,950	35.11%
	05 Jul 2002	£185,000	First Sale
49 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 37.2 Sq.mtrAge: before 1900	12 May 2006	£225,000	First Sale
45 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 55.3 Sq.mtrAge: before 1900	31 Mar 2006	£210,000	First Sale
52 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 107 Sq.mtrAge: before 1900	01 Sep 2005	£250,000	-37.50%
	31 Oct 2002	£400,000	First Sale
22 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 103 Sq.mtrAge: 2007 onwards	26 Nov 2003	£275,000	First Sale
51 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 44 Sq.mtrAge: before 1900	19 Sep 2003	£230,000	169.01%
	19 Dec 1996	£85,500	First Sale
40 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 113 Sq.mtrAge: before 1900	27 Jun 2003	£305,000	First Sale
43 WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 47.5 Sq.mtrAge: before 1900	24 Mar 2000	£100,000	First Sale
50A WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 34 Sq.mtrAge: before 1900	16 Jun 1998	£90,000	First Sale
29A WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 32.4 Sq.mtrAge: before 1900	13 Jan 1998	£85,750	31.92%
	14 Aug 1997	£65,000	First Sale
40A WESTMINSTER PALACE GARDENSFlat, LeaseholdArea: 57.8 Sq.mtrAge: before 1900	14 Dec 1995	£80,000	First Sale

Check out the sold house prices near the SW1P 1RR postcode. Properties currently for saleProperties currently for rent

WESTMINSTER PALACE GARDENS, SW1P 1RR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SW1P 1RR 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 SW1P 1RR postcode.

Flat
- The average price is around £687,232 median price is £467,310 Standard Deviation is £788,163 with Total Sold: 7,710
- The Last 5 Year average price is £1,310,997 with Total Sold: 859
- The most recent sale happened at this postcode is FLAT 1.12, ST. JOHNS BUILDING, 79 MARSHAM STREET: £670,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 36, OCTAVIA HOUSE MEDWAY STREET: £249,950 (Sold on 03 Jan 1995)
Other
- The average price is around £9,797,336 median price is £1,075,000 Standard Deviation is £29,004,345 with Total Sold: 257
- The Last 5 Year average price is £8,221,779 with Total Sold: 128
- The most recent sale happened at this postcode is , 23 OLD QUEEN STREET: £4,050,000 (Sold on 25 Jun 2024)
- The first recorded sale happened at this postcode is , 21A BUCKINGHAM PALACE ROAD: £100,000 (Sold on 10 Oct 2013)
Terraced
- The average price is around £2,046,981 median price is £1,275,000 Standard Deviation is £2,471,333 with Total Sold: 357
- The Last 5 Year average price is £4,579,969 with Total Sold: 48
- The most recent sale happened at this postcode is , 14 STAFFORD PLACE: £4,670,000 (Sold on 01 Feb 2024)
- The first recorded sale happened at this postcode is , 15B VINCENT SQUARE: £410,000 (Sold on 03 Jan 1995)
Semi-Detached
- The average price is around £1,137,133 median price is £650,000 Standard Deviation is £1,837,052 with Total Sold: 25
- The Last 5 Year average price is £2,600,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 34 MAUNSEL STREET: £2,600,000 (Sold on 09 Apr 2020)
- The first recorded sale happened at this postcode is FLAT 29, OCTAVIA HOUSE MEDWAY STREET: £269,950 (Sold on 03 Jan 1995)
Detached
- The average price is around £5,344,017 median price is £1,711,321 Standard Deviation is £10,101,650 with Total Sold: 19
- The most recent sale happened at this postcode is , 72 VINCENT SQUARE: £44,649,998 (Sold on 11 May 2018)
- 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,123,849	£10,737	43
2023	£1,623,225	£11,152	221
2022	£1,285,175	£11,908	176
2021	£1,121,786	£11,850	171
2020	£1,250,697	£12,893	103
2019	£1,187,934	£12,454	145
2018	£1,383,569	£14,226	148
2017	£1,287,357	£13,731	204
2016	£1,304,332	£12,629	248
2015	£1,298,135	£13,219	375
2014	£1,229,997	£12,555	335
2013	£874,774	£10,953	203
2012	£949,672	£11,028	229
2011	£753,388	£9,039	197
2010	£645,883	£8,629	247
2009	£549,939	£7,346	174
2008	£651,631	£7,840	204
2007	£576,364	£7,164	304
2006	£511,784	£6,871	540
2005	£455,583	£5,580	470
2004	£364,434	£4,998	257
2003	£378,990	£5,004	301
2002	£381,762	£4,955	360
2001	£329,768	£4,246	227
2000	£316,733	£4,074	376
1999	£294,719	£3,656	476
1998	£306,177	£2,945	248
1997	£192,429	£2,531	351
1996	£164,644	£2,084	189
1995	£166,860	£2,625	188

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£5,610,000	£14,000	5
2023	£2,913,702	£8,963	13
2022	£4,073,222	£17,944	14
2021	£4,236,907	£7,909	25
2020	£4,416,204	£19,988	26
2019	£15,748,679	£20,158	45
2018	£6,444,781	£12,247	37
2017	£5,816,578	£7,019	32
2016	£26,909,586	£7,958	22
2015	£10,149,095	£173,387	21
2014	£14,604,790	£10,625	12
2013	£12,108,171	£9,513	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£4,255,000	£15,178	2
2023	£4,614,636	£15,608	11
2022	£5,624,740	£15,726	10
2021	£4,394,000	£16,328	15
2020	£5,628,750	£15,006	2
2019	£3,394,075	£14,168	8
2018	£4,355,000	£13,782	5
2017	£2,799,444	£14,429	9
2016	£2,837,857	£15,861	7
2015	£3,567,244	£15,787	14
2014	£3,015,406	£12,787	14
2013	£2,090,235	£12,455	11
2012	£3,509,356	£13,137	13
2011	£2,177,706	£11,239	17
2010	£1,893,500	£10,080	10
2009	£2,800,000	£10,224	5
2008	£2,556,500	£9,127	10
2007	£1,422,190	£7,339	21
2006	£1,087,500	£7,282	28
2005	£1,505,635	£6,174	17
2004	£1,339,909	£6,168	10
2003	£1,019,120	£5,700	5
2002	£1,125,716	£6,066	15
2001	£1,162,917	£6,465	12
2000	£805,000	£6,216	19
1999	£593,457	£3,589	23
1998	£827,348	£3,290	10
1997	£448,629	£3,481	17
1996	£419,438	£2,713	8
1995	£484,333	£1,936	9

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£2,600,000	£12,037	1
2013	£5,430,000	£13,657	2
2011	£1,100,000	£9,094	1
2007	£1,825,000	£8,732	1
2005	£1,512,592	£5,205	3
2001	£622,500	£4,265	2
2000	£650,000		1
1999	£665,000	£3,636	2
1998	£401,250	£2,690	4
1997	£383,520	£2,363	5
1996	£244,000	£2,868	2
1995	£269,950		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£44,649,998		1
2011	£5,325,000	£14,355	4
2010	£2,500,000		1
2006	£1,711,321	£7,943	1
2002	£8,300,000		1
2001	£2,025,000	£4,440	2
1999	£360,500		1
1998	£7,375,000		2
1997	£652,417	£2,668	6

House Type in SW1P 1RR area

The most common house types in the SW1P 1RR postcode area are Flat (114), Terraced (9), and commercial building (7).

Total	136
Flat	114
Terraced	9
commercial building	7
converted building	5
Shared house	1
Detached	0
Semi-detached	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 (73), and Owned: Owns outright (26).

Private rented: Private landlord or letting agency	73
Owned: Owns outright	26
Owned: Owns with a mortgage or loan	18
Social rented: Other social rented	12
Private rented: Other private rented	7
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the SW1P 1RR have 1 person in household (66), and 2 people in household (47).

1 person in household	66
2 people in household	47
3 people in household	10
4 people in household	10
5 people in household	4
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0