Housing Market Analysis for GREAT SMITH STREET, SW1P 3BU

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

Overview of Sold House prices

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

  • Other
    • The average price is around £4,275,000 median price is £4,275,000 Standard Deviation is £1,725,000 with Total Sold: 2
    • The Last 5 Year average price is £2,550,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 40 GREAT SMITH STREET: £2,550,000 (Sold on 01 Dec 2020)
    • The first recorded sale happened at this postcode is FLAT 2, 32 GREAT SMITH STREET: £6,000,000 (Sold on 15 Jul 2015)
  • Flat
    • The average price is around £353,041 median price is £304,600 Standard Deviation is £196,766 with Total Sold: 22
    • The most recent sale happened at this postcode is FLAT 3, 42 GREAT SMITH STREET: £1,050,000 (Sold on 19 Apr 2017)
    • The first recorded sale happened at this postcode is FLAT 2, 42 GREAT SMITH STREET: £184,000 (Sold on 25 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average SW1P 3BU 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£2,550,0001
2015£6,000,000 £96,774 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£1,050,000 £8,203 1
2011£445,000 £9,789 2
2010£780,000 £8,228 1
2004£342,500 £5,437 1
2003£350,000 £6,465 1
2002£295,000 £7,375 1
2001£195,000 £3,931 1
2000£281,283 £4,575 12
1997£244,5002

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

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

AddressSold DatePrice% Change
40 GREAT SMITH STREETOther, Freehold01 Dec 2020£2,550,000First Sale
FLAT 3, 42 GREAT SMITH STREETFlat, LeaseholdArea: 128 Sq.mtrAge: 1996-200219 Apr 2017£1,050,000First Sale
FLAT 2, 32 GREAT SMITH STREETOther, FreeholdArea: 62 Sq.mtrAge: before 190015 Jul 2015£6,000,0002307.70%
04 Dec 2000£249,200First Sale
FLAT 2, 28 GREAT SMITH STREETFlat, LeaseholdArea: 50.88 Sq.mtrAge: 1996-200220 Dec 2011£500,000128.10%
04 Dec 2000£219,200First Sale
FLAT 7, 28 GREAT SMITH STREETFlat, LeaseholdArea: 40 Sq.mtrAge: 2003-200603 Feb 2011£390,00090.99%
30 Nov 2000£204,200First Sale
FLAT 5, 28 GREAT SMITH STREETFlat, LeaseholdArea: 94.8 Sq.mtrAge: 1996-200230 Jul 2010£780,000100.41%
30 Nov 2000£389,200First Sale
FLAT 4, 28 GREAT SMITH STREETFlat, LeaseholdArea: 63 Sq.mtrAge: 2003-200609 Jul 2004£342,50032.14%
30 Nov 2000£259,200First Sale
FLAT 1, 32 GREAT SMITH STREETFlat, LeaseholdArea: 54.14 Sq.mtrAge: before 190031 Mar 2003£350,00040.45%
04 Dec 2000£249,200First Sale
FLAT 3, 28 GREAT SMITH STREETFlat, LeaseholdArea: 40 Sq.mtrAge: 1983-199029 May 2002£295,00034.58%
30 Nov 2000£219,200First Sale
FLAT 1, 42 GREAT SMITH STREETFlat, LeaseholdArea: 49.61 Sq.mtr29 Jun 2001£195,000First Sale
FLAT 3, 32 GREAT SMITH STREETFlat, LeaseholdArea: 65 Sq.mtrAge: before 190004 Dec 2000£339,200First Sale
FLAT 4, 32 GREAT SMITH STREETFlat, LeaseholdArea: 75 Sq.mtrAge: before 190004 Dec 2000£349,200First Sale
FLAT 8, 28 GREAT SMITH STREETFlat, LeaseholdArea: 63 Sq.mtrAge: 2003-200604 Dec 2000£259,200First Sale
FLAT 6, 28 GREAT SMITH STREETFlat, LeaseholdArea: 71 Sq.mtrAge: before 190030 Nov 2000£334,200First Sale
FLAT 1, 28 GREAT SMITH STREETFlat, LeaseholdArea: 68 Sq.mtrAge: before 190030 Nov 2000£304,200First Sale
FLAT 4, 42 GREAT SMITH STREETFlat, Leasehold18 Dec 1997£305,000First Sale
FLAT 2, 42 GREAT SMITH STREETFlat, Leasehold25 Sep 1997£184,000First Sale

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

GREAT SMITH STREET, SW1P 3BU Near By properties

Interactive Map

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

  • Flat
    • The average price is around £746,438 median price is £500,000 Standard Deviation is £842,981 with Total Sold: 6,399
    • The Last 5 Year average price is £1,463,082 with Total Sold: 831
    • 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 £11,816,518 median price is £810,833 Standard Deviation is £35,061,165 with Total Sold: 189
    • The Last 5 Year average price is £11,029,428 with Total Sold: 100
    • 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 £2,414,186 median price is £1,500,000 Standard Deviation is £2,946,425 with Total Sold: 208
    • The Last 5 Year average price is £5,553,914 with Total Sold: 29
    • 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 , 15B VINCENT SQUARE: £410,000 (Sold on 03 Jan 1995)
  • Semi-Detached
    • The average price is around £1,363,796 median price is £850,000 Standard Deviation is £2,117,193 with Total Sold: 18
    • 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 £5,302,907 median price is £1,475,000 Standard Deviation is £10,415,097 with Total Sold: 18
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,240,669 £10,363 37
2023£1,863,968 £11,383 262
2022£1,504,320 £14,276 206
2021£1,126,067 £11,799 124
2020£1,210,086 £13,143 87
2019£1,102,234 £12,107 115
2018£1,266,145 £13,874 106
2017£1,324,177 £14,121 184
2016£1,501,084 £15,102 359
2015£1,299,119 £13,252 336
2014£1,192,547 £12,144 287
2013£786,122 £10,609 158
2012£939,720 £11,104 193
2011£648,794 £8,831 148
2010£646,165 £8,653 205
2009£545,180 £7,389 139
2008£595,262 £7,692 137
2007£553,695 £7,226 211
2006£484,678 £6,943 432
2005£428,687 £5,565 394
2004£348,159 £5,020 193
2003£392,479 £5,112 300
2002£373,580 £4,937 303
2001£319,331 £4,231 166
2000£312,965 £4,144 305
1999£292,563 £3,694 319
1998£309,671 £2,991 190
1997£176,663 £2,596 230
1996£130,144 £1,894 122
1995£154,621 £2,717 151
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£5,610,000 £14,000 5
2023£9,816,372 £4,951 8
2022£2,932,500 £18,642 12
2021£12,680,717 £24,811 19
2020£4,554,728 £21,053 23
2019£18,650,892 £27,498 33
2018£5,307,822 £10,678 23
2017£4,165,261 £5,370 23
2016£30,697,663 £7,490 21
2015£10,057,411 £96,774 11
2014£18,221,875 £10,625 8
2013£3,813,619 £9,513 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£3,840,000 £15,178 1
2023£5,267,286 £16,974 7
2022£7,028,733 £18,657 6
2021£5,614,375 £19,330 8
2020£5,628,750 £15,006 2
2019£4,401,520 £12,572 5
2018£4,355,000 £13,782 5
2017£3,090,000 £15,017 5
2016£3,575,000 £17,107 4
2015£4,435,641 £17,500 10
2014£2,832,298 £11,519 9
2013£2,583,584 £13,833 7
2012£3,272,376 £13,908 7
2011£2,068,273 £11,412 11
2010£2,637,5004
2009£4,962,500 £10,529 2
2008£2,932,500 £11,330 6
2007£1,831,222 £8,245 9
2006£1,350,182 £7,845 11
2005£2,031,111 £7,604 9
2004£1,284,012 £6,142 8
2003£1,130,150 £5,700 4
2002£1,099,459 £5,712 10
2001£1,830,700 £12,243 5
2000£924,615 £8,242 13
1999£583,033 £3,567 15
1998£503,333 £3,021 3
1997£613,167 £4,653 9
1996£320,100 £2,719 5
1995£494,250 £1,936 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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
1999£850,0001
1998£232,500 £2,466 2
1997£153,800 £2,363 2
1996£244,000 £2,868 2
1995£269,9501
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£44,649,9981
2011£5,633,333 £14,355 3
2010£2,500,0001
2006£1,711,321 £7,943 1
2002£8,300,0001
2001£2,025,000 £4,440 2
1999£360,5001
1998£6,610,0002
1997£626,750 £2,823 6

House Type in SW1P 3BU area

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

Total119
Flat99
converted building10
commercial building5
Shared house4
Detached1
Semi-detached0
Terraced0
temporary structure0

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 rented48
Private rented: Private landlord or letting agency40
Owned: Owns outright12
Private rented: Other private rented9
Owned: Owns with a mortgage or loan8
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the SW1P 3BU have 1 person in household (55), and 2 people in household (27).

1 person in household55
2 people in household27
3 people in household17
4 people in household10
5 people in household6
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0