Housing Market Analysis for MILLBANK, SW1P 4RL

Are you looking to understand SW1P 4RL 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 4RL area, explore the SW1P 4RL Area information page.
For comprehensive crime statistics in the SW1P 4RL area, explore the SW1P 4RL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SW1P 4RL postcode area, The average prices are as follows,

  • Flat
    • The average price is around £341,432 median price is £297,500 Standard Deviation is £196,999 with Total Sold: 82
    • The Last 5 Year average price is £717,500 with Total Sold: 7
    • The most recent sale happened at this postcode is FLAT 7, 48 MILLBANK: £705,000 (Sold on 10 Nov 2023)
    • The first recorded sale happened at this postcode is FLAT 3, 50 MILLBANK: £600,000 (Sold on 12 Jul 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average SW1P 4RL 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
2023£872,500 £13,720 2
2022£597,500 £13,433 2
2020£862,500 £12,776 1
2019£620,000 £12,917 1
2016£575,000 £14,375 1
2015£722,750 £11,902 4
2013£432,500 £10,762 2
2011£520,000 £8,504 4
2009£382,500 £6,887 2
2008£462,5001
2007£421,2508
2006£318,5004
2005£292,5002
2004£294,1005
2003£266,750 £5,758 4
2002£294,8758
2001£229,7252
2000£247,000 £4,127 5
1999£161,400 £2,810 10
1998£170,5004
1997£177,1673
1996£117,5001
1995£114,3005
2024£600,0001

All the Sales in the MILLBANK, SW1P 4RL

See the table below for more details on the sold house prices in the SW1P 4RL, Westminster postcode.

AddressSold DatePrice% Change
FLAT 7, 48 MILLBANKFlat, LeaseholdArea: 57 Sq.mtrAge: before 190010 Nov 2023£705,0004.44%
30 Sep 2015£675,000117.74%
07 Jun 2005£310,000138.46%
14 Jul 1995£130,000First Sale
FLAT 3, 48 MILLBANKFlat, LeaseholdArea: 69 Sq.mtrAge: 1900-192902 Aug 2023£1,040,000550.00%
27 Sep 1995£160,000First Sale
FLAT 1, 50 MILLBANKFlat, LeaseholdArea: 51.21 Sq.mtrAge: before 190029 Apr 2022£550,00052.78%
23 Aug 2007£360,00030.91%
03 Nov 2005£275,000First Sale
FLAT 6, 56 MILLBANKFlat, LeaseholdArea: 40 Sq.mtrAge: before 190031 Jan 2022£645,00012.17%
09 Dec 2016£575,000101.75%
19 Sep 2006£285,00017.28%
22 Jun 2004£243,000111.30%
22 Mar 1999£115,00044.65%
14 Dec 1995£79,500First Sale
FLAT 5, 57 MILLBANKFlat, LeaseholdArea: 67.51 Sq.mtr30 Jun 2020£862,500First Sale
FLAT 8, 50 MILLBANKFlat, LeaseholdArea: 48 Sq.mtrAge: 1900-192926 Jul 2019£620,00025.25%
10 Apr 2013£495,00028.57%
26 Sep 2007£385,00037.50%
17 Nov 2003£280,00012.25%
23 Nov 2001£249,45013.39%
29 Aug 2000£220,00051.72%
11 Jan 1999£145,000First Sale
FLAT 9, 56 MILLBANKFlat, LeaseholdArea: 55 Sq.mtrAge: before 190018 Nov 2015£681,000144.09%
08 Feb 2002£279,000First Sale
FLAT 10, 53 MILLBANKFlat, LeaseholdArea: 64 Sq.mtrAge: before 190006 Nov 2015£675,000181.25%
16 Jul 2002£240,000First Sale
FLAT 8, 48 MILLBANKFlat, LeaseholdArea: 67 Sq.mtrAge: 1983-199010 Mar 2015£860,000First Sale
FLAT 4, 56 MILLBANKFlat, LeaseholdArea: 33 Sq.mtrAge: before 190004 Jan 2013£370,00094.74%
20 Jun 2003£190,000First Sale
FLAT 1, 57 MILLBANKFlat, LeaseholdArea: 65 Sq.mtrAge: 1950-196615 Dec 2011£420,00054.13%
23 Dec 2004£272,500First Sale
FLAT 5, 50 MILLBANKFlat, LeaseholdArea: 57.78 Sq.mtrAge: before 190013 Jun 2011£585,00024.47%
07 Dec 2007£470,000First Sale
FLAT 1, 56 MILLBANKFlat, LeaseholdArea: 64.121 Sq.mtrAge: before 190021 Apr 2011£525,000169.23%
29 Aug 1997£195,000First Sale
FLAT 9, 48 MILLBANKFlat, LeaseholdArea: 59.5 Sq.mtrAge: before 190004 Feb 2011£550,00041.03%
17 Aug 2009£390,000160.00%
31 Mar 1999£150,000First Sale
FLAT 4, 53 MILLBANKFlat, LeaseholdArea: 51.94 Sq.mtrAge: before 190023 Sep 2009£375,00017.19%
04 Oct 2004£320,00039.13%
31 Aug 2000£230,00050.33%
21 Jul 1999£153,00036.61%
27 Feb 1998£112,000First Sale
FLAT 7, 56 MILLBANKFlat, Leasehold01 Aug 2008£462,500First Sale
FLAT 2, 50 MILLBANKFlat, Leasehold14 Nov 2007£360,000148.28%
28 Jul 1999£145,000First Sale
FLAT 4, 48 MILLBANKFlat, Leasehold10 Aug 2007£570,00042.50%
20 Dec 2002£400,00077.78%
18 Sep 1998£225,000First Sale
FLAT 1, 53 MILLBANKFlat, Leasehold02 Jul 2007£455,000133.33%
30 Jul 1999£195,00018.18%
28 May 1999£165,000First Sale
FLAT 10, 56 MILLBANKFlat, Leasehold26 Apr 2007£295,00068.57%
24 Mar 2000£175,000First Sale
FLAT 4, 57 MILLBANKFlat, Leasehold23 Feb 2007£475,00043.94%
28 Feb 2002£330,00057.89%
29 Jul 1997£209,000First Sale
FLAT 2, 57 MILLBANKFlat, Leasehold19 Oct 2006£249,000First Sale
FLAT 5, 53 MILLBANKFlat, Leasehold14 Aug 2006£410,00082.22%
30 Apr 1999£225,000First Sale
49 MILLBANKFlat, Leasehold28 Apr 2006£330,00088.57%
17 Jun 1998£175,000First Sale
FLAT 7, 53 MILLBANKFlat, Leasehold08 Apr 2004£325,000First Sale
FLAT 3, 53 MILLBANKFlat, Leasehold16 Jan 2004£310,000First Sale
FLAT 7, 50 MILLBANKFlat, Leasehold16 Dec 2003£310,0001.64%
16 Aug 2002£305,000First Sale
FLAT 4, 50 MILLBANKFlat, Leasehold20 Mar 2003£287,000144.26%
29 Sep 1995£117,500First Sale
FLAT 2, 48 MILLBANKFlat, Leasehold03 Dec 2002£355,000First Sale
FLAT 9, 50 MILLBANKFlat, Leasehold30 Aug 2002£290,000127.45%
24 Jul 1997£127,500First Sale
FLAT 6, 48 MILLBANKFlat, Leasehold04 Mar 2002£160,000-48.39%
05 Dec 2000£310,000First Sale
FLAT 2, 53 MILLBANKFlat, Leasehold27 Apr 2001£210,00034.62%
21 Dec 1999£156,000First Sale
FLAT 3, 57 MILLBANKFlat, LeaseholdArea: 97 Sq.mtrAge: before 190031 Aug 2000£300,000First Sale
FLAT 8, 53 MILLBANKFlat, LeaseholdArea: 54 Sq.mtrAge: 1900-192905 Nov 1999£165,000First Sale
FLAT 5, 48 MILLBANKFlat, Leasehold22 May 1998£170,000First Sale
FLAT 6, 50 MILLBANKFlat, Leasehold21 May 1996£117,500First Sale
FLAT 8, 56 MILLBANKFlat, Leasehold04 Jan 1995£84,500First Sale
FLAT 3, 50 MILLBANKFlat, Leasehold12 Jul 2024£600,000First Sale

Check out the sold house prices near the SW1P 4RL postcode. Properties currently for saleProperties currently for rent

MILLBANK, SW1P 4RL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SW1P 4RL 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 4RL postcode.

  • Flat
    • The average price is around £696,735 median price is £455,000 Standard Deviation is £853,021 with Total Sold: 9,031
    • The Last 5 Year average price is £1,032,532 with Total Sold: 1,083
    • The most recent sale happened at this postcode is APARTMENT 48, 24 ALBERT EMBANKMENT: £610,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 88, JESSEL HOUSE PAGE STREET: £23,881 (Sold on 03 Jan 1995)
  • Other
    • The average price is around £5,166,030 median price is £140,398 Standard Deviation is £19,084,353 with Total Sold: 131
    • The Last 5 Year average price is £6,674,594 with Total Sold: 68
    • The most recent sale happened at this postcode is , 1 BESSBOROUGH GARDENS: £41,400,000 (Sold on 12 Jun 2024)
    • The first recorded sale happened at this postcode is BASEMENT STORAGE AREA, 89 ALBERT EMBANKMENT: £59,999,000 (Sold on 10 Sep 2013)
  • Terraced
    • The average price is around £1,102,339 median price is £840,000 Standard Deviation is £807,173 with Total Sold: 281
    • The Last 5 Year average price is £1,951,068 with Total Sold: 37
    • The most recent sale happened at this postcode is , 9 AYLESFORD STREET: £1,080,000 (Sold on 24 May 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 £745,978 median price is £487,500 Standard Deviation is £507,580 with Total Sold: 10
    • The most recent sale happened at this postcode is , 43 PONSONBY PLACE: £1,400,000 (Sold on 20 Nov 2009)
    • The first recorded sale happened at this postcode is , 109 VINCENT STREET: £330,000 (Sold on 09 Feb 1996)
  • Detached
    • The average price is around £217,144 median price is £219,000 Standard Deviation is £101,690 with Total Sold: 6
    • The most recent sale happened at this postcode is FLAT 37, WESTMINSTER GARDENS MARSHAM STREET: £350,000 (Sold on 13 Mar 2001)
    • The first recorded sale happened at this postcode is , 30 WANDSWORTH ROAD: £129,862 (Sold on 13 Sep 1996)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£768,105 £9,603 64
2023£968,446 £11,133 192
2022£957,177 £11,553 175
2021£785,861 £10,055 197
2020£1,235,623 £14,299 291
2019£1,227,105 £12,194 164
2018£1,548,543 £14,416 276
2017£1,449,397 £14,403 282
2016£1,617,893 £16,346 415
2015£1,134,950 £13,009 265
2014£1,396,866 £13,692 511
2013£863,107 £11,072 317
2012£667,933 £9,073 203
2011£607,190 £8,389 233
2010£563,135 £7,964 307
2009£512,195 £7,043 172
2008£511,551 £7,555 278
2007£553,440 £7,257 373
2006£468,400 £6,141 393
2005£464,316 £5,816 511
2004£369,556 £5,409 414
2003£415,619 £5,331 473
2002£383,702 £4,879 394
2001£372,249 £4,492 320
2000£330,243 £3,944 489
1999£283,132 £3,532 475
1998£209,286 £2,875 262
1997£184,146 £2,282 262
1996£182,354 £1,916 201
1995£119,941 £1,796 122
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£17,391,6673
2023£2,208,400 £10,489 10
2022£4,517,562 £12,844 8
2021£18,654,875 £19,389 13
2020£4,129,460 £5,334 20
2019£1,312,168 £50,594 14
2018£499,544 £3,343 22
2017£331,165 £699 20
2016£156,696 £530 10
2015£8,733,0486
2014£833,333 £12,381 3
2013£74,399,5002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,778,333 £11,207 3
2023£2,018,000 £11,595 5
2022£2,054,375 £12,751 12
2021£3,130,000 £12,335 3
2020£1,491,500 £13,124 8
2019£1,798,333 £11,339 6
2018£1,856,667 £10,456 3
2017£1,870,000 £12,477 4
2016£1,955,000 £17,661 7
2015£1,648,364 £12,266 11
2014£1,631,429 £12,709 7
2013£1,984,917 £12,099 11
2012£1,407,846 £11,602 13
2011£1,666,812 £10,345 16
2010£1,131,990 £9,711 5
2009£1,276,875 £9,404 8
2008£858,208 £12,711 4
2007£1,001,250 £9,351 4
2006£1,083,750 £6,577 8
2005£870,714 £6,322 7
2004£956,867 £5,278 6
2003£574,773 £4,557 11
2002£979,200 £10,691 10
2001£658,517 £9,247 15
2000£647,889 £4,496 9
1999£521,248 £3,341 21
1998£491,673 £3,557 26
1997£436,077 £3,103 20
1996£367,357 £2,436 7
1995£346,432 £2,373 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£1,400,000 £9,511 1
2007£1,825,000 £8,732 1
2005£968,888 £5,205 2
2002£530,000 £4,649 1
1999£400,000 £3,309 2
1998£318,500 £3,071 2
1996£330,000 £1,579 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£350,000 £3,182 1
1998£250,000 £2,857 2
1997£161,500 £2,345 2
1996£129,8621

House Type in SW1P 4RL area

The most common house types in the SW1P 4RL postcode area are Flat (43), Terraced (31), and Shared house (19).

Total98
Flat43
Terraced31
Shared house19
commercial building3
Semi-detached1
converted building1
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 (33), and Social rented: Other social rented (27).

Private rented: Private landlord or letting agency33
Social rented: Other social rented27
Owned: Owns outright20
Owned: Owns with a mortgage or loan14
Social rented: Rents from council or Local Authority3
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SW1P 4RL have 1 person in household (42), and 2 people in household (33).

1 person in household42
2 people in household33
4 people in household11
3 people in household9
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0