Housing Market Analysis for PORTLAND PLACE, W1B 1LT

Are you looking to understand W1B 1LT 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 W1B 1LT area, explore the W1B 1LT Area information page.
For comprehensive crime statistics in the W1B 1LT area, explore the W1B 1LT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the W1B 1LT postcode area, The average prices are as follows,

  • Flat
    • The average price is around £5,410,000 median price is £4,400,000 Standard Deviation is £1,951,622 with Total Sold: 11
    • The Last 5 Year average price is £4,297,500 with Total Sold: 2
    • The most recent sale happened at this postcode is APARTMENT 1, 98 PORTLAND PLACE: £4,195,000 (Sold on 05 Mar 2021)
    • The first recorded sale happened at this postcode is APARTMENT 3, 98 PORTLAND PLACE: £9,625,000 (Sold on 07 Jan 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average W1B 1LT 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
2021£4,195,000 £30,846 1
2020£4,400,0001
2017£5,303,750 £30,147 4
2016£5,940,000 £27,072 5

All the Sales in the PORTLAND PLACE, W1B 1LT

See the table below for more details on the sold house prices in the W1B 1LT, Westminster postcode.

AddressSold DatePrice% Change
APARTMENT 1, 98 PORTLAND PLACEFlat, LeaseholdArea: 136 Sq.mtr05 Mar 2021£4,195,0002.32%
29 Mar 2017£4,100,000First Sale
APARTMENT 2, 92 - 96 PORTLAND PLACEFlat, Leasehold20 Jan 2020£4,400,0004.76%
01 Nov 2016£4,200,000First Sale
APARTMENT 3, 92 - 96 PORTLAND PLACEFlat, Leasehold06 Jul 2017£6,745,000First Sale
APARTMENT 5, 92 - 96 PORTLAND PLACEFlat, Leasehold18 Apr 2017£3,620,000First Sale
APARTMENT 1, 92 - 96 PORTLAND PLACEFlat, Leasehold30 Mar 2017£6,750,000First Sale
APARTMENT 4, 98 PORTLAND PLACEFlat, LeaseholdArea: 188 Sq.mtr23 Dec 2016£4,900,000First Sale
APARTMENT 5, 98 PORTLAND PLACEFlat, LeaseholdArea: 256 Sq.mtr31 Mar 2016£7,875,000First Sale
APARTMENT 2, 98 PORTLAND PLACEFlat, LeaseholdArea: 219 Sq.mtr29 Mar 2016£3,100,000First Sale
APARTMENT 3, 98 PORTLAND PLACEFlat, LeaseholdArea: 258 Sq.mtr07 Jan 2016£9,625,000First Sale

Check out the sold house prices near the W1B 1LT postcode. Properties currently for saleProperties currently for rent

PORTLAND PLACE, W1B 1LT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the W1B 1LT 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 W1B 1LT postcode.

  • Flat
    • The average price is around £845,446 median price is £413,500 Standard Deviation is £1,371,929 with Total Sold: 6,123
    • The Last 5 Year average price is £2,070,422 with Total Sold: 740
    • The most recent sale happened at this postcode is SECOND FLOOR FLAT, 78 CLEVELAND STREET: £490,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 45, 105 HALLAM STREET: £51,200 (Sold on 05 Jan 1995)
  • Other
    • The average price is around £8,967,183 median price is £1,500,000 Standard Deviation is £22,338,117 with Total Sold: 370
    • The Last 5 Year average price is £9,711,182 with Total Sold: 168
    • The most recent sale happened at this postcode is FLAT 3, 51 CLEVELAND STREET: £770,000 (Sold on 19 Jun 2024)
    • The first recorded sale happened at this postcode is , 3 DEVONSHIRE STREET: £1,085,000 (Sold on 28 May 2012)
  • Terraced
    • The average price is around £2,071,839 median price is £1,194,250 Standard Deviation is £2,464,788 with Total Sold: 489
    • The Last 5 Year average price is £4,444,760 with Total Sold: 75
    • The most recent sale happened at this postcode is , 1 MUNSTER SQUARE: £620,000 (Sold on 04 Mar 2024)
    • The first recorded sale happened at this postcode is , 151 - 153 GREAT PORTLAND STREET: £800,000 (Sold on 23 Jan 1995)
  • Semi-Detached
    • The average price is around £2,838,042 median price is £1,050,000 Standard Deviation is £4,856,059 with Total Sold: 24
    • The Last 5 Year average price is £15,755,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 3 BRUNSWICK PLACE: £7,800,000 (Sold on 14 Feb 2024)
    • The first recorded sale happened at this postcode is FLAT A-D, 124 GREAT PORTLAND STREET: £345,000 (Sold on 15 Apr 1996)
  • Detached
    • The average price is around £3,267,791 median price is £1,180,000 Standard Deviation is £5,404,631 with Total Sold: 11
    • The Last 5 Year average price is £10,562,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 35 PORTLAND PLACE: £20,000,000 (Sold on 12 Jan 2023)
    • The first recorded sale happened at this postcode is , 10 WIMPOLE MEWS: £1,175,000 (Sold on 12 Jun 2000)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,079,586 £16,856 51
2023£1,724,974 £16,189 126
2022£2,308,461 £18,991 149
2021£1,748,786 £16,515 156
2020£2,635,805 £19,634 130
2019£1,947,506 £14,987 128
2018£2,003,653 £17,586 126
2017£1,903,874 £16,251 155
2016£1,950,657 £16,318 115
2015£1,515,256 £15,617 180
2014£1,250,749 £14,407 207
2013£1,166,597 £13,487 303
2012£1,150,552 £12,029 166
2011£983,798 £10,330 190
2010£849,635 £9,484 184
2009£677,860 £8,162 204
2008£655,463 £7,576 121
2007£629,069 £7,818 214
2006£535,398 £6,670 302
2005£477,684 £5,586 209
2004£495,916 £5,235 232
2003£433,377 £5,301 200
2002£386,210 £4,940 267
2001£370,592 £4,296 286
2000£308,637 £3,747 295
1999£291,861 £3,257 326
1998£278,158 £2,648 270
1997£223,652 £2,509 369
1996£196,107 £2,108 258
1995£168,092 £1,812 204
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£4,031,4297
2023£14,004,088 £41,067 22
2022£4,722,697 £20,527 34
2021£12,648,282 £25,245 25
2020£10,574,259 £25,948 35
2019£9,962,020 £18,426 45
2018£5,275,974 £17,351 56
2017£11,697,878 £29,797 51
2016£6,024,758 £11,080 42
2015£7,749,562 £138,525 29
2014£10,061,419 £11,729 17
2013£24,071,0526
2012£1,085,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£620,0001
2023£3,695,000 £21,960 10
2022£5,635,625 £23,549 16
2021£4,030,500 £19,559 20
2020£4,359,811 £20,635 16
2019£4,604,167 £19,902 12
2018£4,093,333 £22,070 9
2017£5,272,885 £18,295 13
2016£2,969,545 £20,185 11
2015£4,763,462 £25,518 13
2014£2,768,071 £17,430 14
2013£4,129,932 £20,149 14
2012£3,405,909 £17,824 11
2011£2,449,688 £14,090 8
2010£2,135,500 £10,128 15
2009£1,736,786 £10,569 14
2008£1,280,750 £8,327 12
2007£2,312,667 £11,383 18
2006£1,340,007 £8,321 24
2005£1,375,692 £7,589 13
2004£1,073,593 £5,382 14
2003£1,132,912 £7,762 30
2002£1,221,000 £7,593 15
2001£609,314 £4,568 25
2000£911,477 £3,795 32
1999£673,975 £3,153 22
1998£529,067 £2,405 26
1997£423,946 £2,381 26
1996£332,524 £5,458 21
1995£317,850 £2,043 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£7,800,000 £18,750 1
2019£23,710,000 £54,142 1
2017£3,996,000 £25,615 1
2013£7,100,000 £17,884 1
2011£5,475,000 £13,161 1
2009£1,265,000 £7,188 1
2008£1,950,000 £8,478 1
2007£1,000,000 £10,143 2
2006£667,2502
2004£1,355,000 £5,489 2
2002£2,246,667 £5,485 3
2001£1,325,000 £8,494 1
1999£390,000 £3,382 1
1997£215,000 £2,602 2
1996£471,8754
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£20,000,0001
2019£1,125,000 £12,363 1
2018£1,500,0001
2015£4,250,000 £25,758 1
2010£3,100,0001
2004£680,000 £7,473 1
2003£1,180,000 £5,756 1
2001£978,5653
2000£1,175,000 £4,108 1

House Type in W1B 1LT area

The most common house types in the W1B 1LT postcode area are Flat (101), Terraced (7), and Shared house (6).

Total118
Flat101
Terraced7
Shared house6
converted building2
Semi-detached1
commercial building1
Detached0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (47), and Private rented: Private landlord or letting agency (31).

Owned: Owns outright47
Private rented: Private landlord or letting agency31
Owned: Owns with a mortgage or loan30
Private rented: Other private rented7
Social rented: Rents from council or Local Authority2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the W1B 1LT have 2 people in household (42), and 1 person in household (41).

2 people in household42
1 person in household41
3 people in household21
4 people in household9
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0