Housing Market Analysis for GREAT SMITH STREET, SW1P 3BP

Are you looking to understand SW1P 3BP 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 3BP area, explore the SW1P 3BP Area information page.
For comprehensive crime statistics in the SW1P 3BP area, explore the SW1P 3BP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SW1P 3BP postcode area, The average prices are as follows,

Flat
- The average price is around £540,588 median price is £250,000 Standard Deviation is £596,571 with Total Sold: 36
- The Last 5 Year average price is £1,335,000 with Total Sold: 5
- The most recent sale happened at this postcode is FLAT 32, WESTMINSTER MANSIONS GREAT SMITH STREET: £1,425,000 (Sold on 09 Oct 2023)
- The first recorded sale happened at this postcode is FLAT 34, WESTMINSTER MANSIONS GREAT SMITH STREET: £1,900,000 (Sold on 19 Aug 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average SW1P 3BP 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
2023	£1,425,000	£13,613	1
2021	£1,125,000	£10,227	1
2019	£1,112,500	£10,953	2
2018	£503,305	£11,339	2
2014	£1,572,762	£12,440	4
2013	£565,000	£19,483	1
2010	£221,000	£6,055	2
2009	£575,000	£5,227	1
2007	£262,500	£8,602	2
2006	£272,750	£7,581	2
2004	£199,750	£6,231	2
2003	£212,500	£7,243	2
2002	£220,000		1
2001	£160,000	£5,115	2
2000	£345,000	£3,675	1
1999	£155,000	£5,345	1
1998	£144,667	£1,870	3
1997	£160,000	£2,179	2
1996	£73,500	£2,450	2
1995	£70,500	£2,040	1
2022	£1,900,000		1

All the Sales in the GREAT SMITH STREET, SW1P 3BP

See the table below for more details on the sold house prices in the SW1P 3BP, Westminster postcode.

Address	Sold Date	Price	% Change
FLAT 32, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 104.68 Sq.mtrAge: before 1900	09 Oct 2023	£1,425,000	16.33%
	09 Dec 2019	£1,225,000	First Sale
FLAT 28, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 110 Sq.mtrAge: 1900-1929	13 Sep 2021	£1,125,000	95.65%
	30 Jun 2009	£575,000	First Sale
FLAT 40, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 98 Sq.mtrAge: before 1900	15 Nov 2019	£1,000,000	263.64%
	31 Jan 1997	£275,000	First Sale
FLAT 45B, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 46 Sq.mtrAge: 1900-1929	31 May 2018	£521,610	First Sale
FLAT 45A, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, Leasehold	31 Jan 2018	£485,000	First Sale
FLAT 25, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 131 Sq.mtrAge: 1930-1949	22 Dec 2014	£1,511,050	First Sale
FLAT 38, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 199 Sq.mtrAge: 1900-1929	03 Oct 2014	£2,300,000	First Sale
FLAT 30, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 189 Sq.mtrAge: before 1900	30 May 2014	£2,000,000	First Sale
FLAT 37, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 29.84 Sq.mtrAge: 1900-1929	20 Mar 2014	£480,000	174.29%
	03 Oct 2003	£175,000	First Sale
FLAT 27, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 29 Sq.mtrAge: before 1900	15 Nov 2013	£565,000	126.00%
	09 Oct 2003	£250,000	42.86%
	11 Apr 2001	£175,000	12.90%
	18 Jun 1999	£155,000	244.44%
	01 Dec 1997	£45,000	First Sale
FLAT 20, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 30 Sq.mtrAge: 1930-1949	12 Aug 2010	£250,000	0.40%
	13 Apr 2007	£249,000	First Sale
FLAT 21, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 50.84 Sq.mtrAge: before 1900	19 Mar 2010	£192,000	First Sale
FLAT 41, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 31 Sq.mtrAge: 1900-1929	26 Jan 2007	£276,000	First Sale
FLAT 44, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, Leasehold	05 Oct 2006	£310,500	41.14%
	06 Dec 2002	£220,000	First Sale
FLAT 29, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 31 Sq.mtrAge: before 1900	04 Oct 2006	£235,000	First Sale
FLAT 26, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 34.56 Sq.mtrAge: before 1900	03 Sep 2004	£194,500	34.14%
	12 Apr 2001	£145,000	38.10%
	19 Jun 1998	£105,000	48.94%
	16 Jan 1995	£70,500	First Sale
FLAT 33, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 30 Sq.mtrAge: 1900-1929	07 May 2004	£205,000	294.23%
	20 Feb 1996	£52,000	First Sale
FLAT 22, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 93.87 Sq.mtrAge: 1900-1929	28 Jul 2000	£345,000	First Sale
FLAT 36, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 128 Sq.mtrAge: 1900-1929	20 Nov 1998	£177,000	16.45%
	07 Sep 1998	£152,000	First Sale
FLAT 46, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, LeaseholdArea: 30 Sq.mtrAge: before 1900	11 Dec 1996	£95,000	First Sale
FLAT 34, WESTMINSTER MANSIONS GREAT SMITH STREETFlat, Leasehold	19 Aug 2022	£1,900,000	First Sale

Check out the sold house prices near the SW1P 3BP postcode. Properties currently for saleProperties currently for rent

GREAT SMITH STREET, SW1P 3BP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SW1P 3BP 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 3BP postcode.

Flat
- The average price is around £691,514 median price is £475,000 Standard Deviation is £729,855 with Total Sold: 6,024
- The Last 5 Year average price is £1,338,778 with Total Sold: 748
- 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 £12,230,641 median price is £830,416 Standard Deviation is £35,663,561 with Total Sold: 182
- The Last 5 Year average price is £11,238,049 with Total Sold: 98
- 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 THIRD FLOOR PREMISES, 4 MATTHEW PARKER STREET: £115,857 (Sold on 13 Nov 2013)
Terraced
- The average price is around £2,603,909 median price is £1,610,000 Standard Deviation is £3,101,922 with Total Sold: 180
- The Last 5 Year average price is £6,089,740 with Total Sold: 25
- The most recent sale happened at this postcode is , 21 OLD QUEEN STREET: £3,840,000 (Sold on 12 Jan 2024)
- The first recorded sale happened at this postcode is , 12 BARTON STREET: £475,000 (Sold on 05 Jan 1995)
Semi-Detached
- The average price is around £1,523,355 median price is £850,000 Standard Deviation is £2,272,266 with Total Sold: 15
- 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 £3,608,455 median price is £1,660,000 Standard Deviation is £4,764,714 with Total Sold: 11
- The most recent sale happened at this postcode is , 7 MAUNSEL STREET: £1,290,000 (Sold on 11 Nov 2011)
- The first recorded sale happened at this postcode is , 30 QUEEN ANNES GATE: £2,700,000 (Sold on 10 Oct 1997)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,209,670	£9,408	31
2023	£1,710,107	£11,044	234
2022	£1,304,620	£14,302	180
2021	£1,040,106	£11,810	116
2020	£1,161,589	£13,227	79
2019	£1,078,629	£12,102	108
2018	£1,220,981	£13,873	97
2017	£1,223,822	£14,145	169
2016	£1,413,446	£15,044	340
2015	£1,198,910	£13,210	257
2014	£1,184,083	£11,935	276
2013	£756,672	£10,474	153
2012	£762,954	£9,862	153
2011	£637,157	£8,696	147
2010	£646,788	£8,705	196
2009	£539,343	£7,357	137
2008	£564,832	£7,674	129
2007	£549,595	£7,217	208
2006	£478,039	£6,960	425
2005	£417,834	£5,539	388
2004	£343,067	£5,040	191
2003	£387,049	£5,113	292
2002	£369,001	£4,926	294
2001	£305,968	£4,215	160
2000	£309,927	£4,162	297
1999	£286,617	£3,659	292
1998	£302,473	£2,966	190
1997	£172,057	£2,606	221
1996	£122,150	£1,843	117
1995	£154,499	£2,753	147

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£5,610,000	£14,000	5
2023	£11,211,853	£9,375	7
2022	£3,140,364	£19,340	11
2021	£13,301,868	£24,811	18
2020	£4,554,728	£21,053	23
2019	£18,119,395	£22,821	34
2018	£5,548,345	£10,678	22
2017	£4,325,045	£5,370	22
2016	£33,718,996	£7,490	19
2015	£10,057,411	£96,774	11
2014	£18,221,875	£10,625	8
2013	£5,182,928		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£3,840,000	£15,178	1
2023	£5,736,833	£16,974	6
2022	£7,028,733	£18,657	6
2021	£6,145,000	£21,043	7
2020	£5,628,750	£15,006	2
2019	£5,845,867	£11,975	3
2018	£4,987,500	£15,659	4
2017	£3,250,000	£16,116	4
2016	£3,616,667	£18,620	3
2015	£4,821,268	£19,113	9
2014	£2,832,298	£11,519	9
2013	£2,697,515	£14,682	6
2012	£3,272,376	£13,908	7
2011	£2,005,100	£11,273	10
2010	£2,637,500		4
2009	£4,962,500	£10,529	2
2008	£3,208,000	£10,350	5
2007	£1,831,222	£8,245	9
2006	£1,404,600	£7,845	10
2005	£2,194,375	£8,072	8
2004	£1,310,182	£5,750	6
2003	£1,269,367		3
2002	£1,099,459	£5,712	10
2001	£1,994,625	£12,243	4
2000	£1,108,500	£8,242	10
1999	£607,125	£4,093	12
1998	£615,000	£3,214	2
1997	£660,438	£4,653	8
1996	£322,667	£2,852	3
1995	£506,286	£1,936	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£2,600,000	£12,037	1
2013	£9,500,000	£15,764	1
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
1999	£850,000		1
1998	£285,000		1
1997	£153,800	£2,363	2
1996	£330,000	£1,579	1
1995	£269,950		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2011	£5,633,333	£14,355	3
2010	£2,500,000		1
2001	£2,025,000	£4,440	2
1998	£6,610,000		2
1997	£1,007,667	£3,252	3

House Type in SW1P 3BP area

The most common house types in the SW1P 3BP postcode area are Flat (99), converted building (10), and commercial building (5).

Total	119
Flat	99
converted building	10
commercial building	5
Shared house	4
Detached	1
Semi-detached	0
Terraced	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (48), and Private rented: Private landlord or letting agency (40).

Social rented: Other social rented	48
Private rented: Private landlord or letting agency	40
Owned: Owns outright	12
Private rented: Other private rented	9
Owned: Owns with a mortgage or loan	8
Shared ownership: Shared ownership	1
Does not apply	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 3BP have 1 person in household (55), and 2 people in household (27).

1 person in household	55
2 people in household	27
3 people in household	17
4 people in household	10
5 people in household	6
6 people in household	4
0 people in household	0
7 people in household	0
8 or more people in household	0