Housing Market Analysis for W1B 1LU

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average W1B 1LU 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.

    All the Sales in the W1B 1LU

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

    AddressSold DatePrice% Change

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

    W1B 1LU Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £899,716 median price is £440,000 Standard Deviation is £1,425,002 with Total Sold: 6,202
      • The Last 5 Year average price is £2,254,438 with Total Sold: 804
      • 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)
    • Terraced
      • The average price is around £2,027,403 median price is £1,122,500 Standard Deviation is £2,637,179 with Total Sold: 432
      • The Last 5 Year average price is £4,116,689 with Total Sold: 74
      • The most recent sale happened at this postcode is , 17 JACOBS WELL MEWS: £2,125,000 (Sold on 04 Jul 2024)
      • The first recorded sale happened at this postcode is , 151 - 153 GREAT PORTLAND STREET: £800,000 (Sold on 23 Jan 1995)
    • Other
      • The average price is around £11,297,682 median price is £2,045,000 Standard Deviation is £26,834,877 with Total Sold: 542
      • The Last 5 Year average price is £10,909,636 with Total Sold: 224
      • 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)
    • Detached
      • The average price is around £2,868,977 median price is £1,175,000 Standard Deviation is £5,060,556 with Total Sold: 13
      • 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 , 49 TOTTENHAM STREET: £331,000 (Sold on 25 Oct 1996)
    • Semi-Detached
      • The average price is around £1,185,500 median price is £788,750 Standard Deviation is £1,175,771 with Total Sold: 20
      • The Last 5 Year average price is £4,000,000 with Total Sold: 1
      • The most recent sale happened at this postcode is APARTMENT 0.02, THE MANSION, 9 MARYLEBONE LANE: £4,000,000 (Sold on 20 Mar 2019)
      • The first recorded sale happened at this postcode is FLAT A-D, 124 GREAT PORTLAND STREET: £345,000 (Sold on 15 Apr 1996)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,127,392 £16,856 57
    2023£1,754,050 £17,237 131
    2022£2,340,039 £20,739 160
    2021£2,351,880 £18,881 173
    2020£2,746,836 £20,670 139
    2019£2,072,464 £17,350 144
    2018£2,008,514 £18,568 111
    2017£1,840,211 £16,366 160
    2016£1,794,172 £17,040 350
    2015£1,498,136 £16,023 185
    2014£1,195,781 £14,971 219
    2013£1,154,887 £13,311 242
    2012£1,179,167 £12,740 159
    2011£905,995 £10,644 166
    2010£745,270 £9,612 189
    2009£721,598 £8,504 150
    2008£635,509 £7,950 112
    2007£627,770 £8,249 221
    2006£533,851 £6,819 294
    2005£496,235 £5,908 201
    2004£444,485 £5,631 231
    2003£421,820 £5,323 198
    2002£381,357 £5,073 268
    2001£342,212 £4,343 279
    2000£305,217 £3,900 336
    1999£250,663 £3,345 332
    1998£208,802 £2,689 249
    1997£191,852 £2,501 368
    1996£165,366 £2,009 199
    1995£138,980 £1,760 179
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,141,6673
    2023£3,425,000 £20,871 13
    2022£5,893,077 £19,712 13
    2021£3,619,368 £20,687 19
    2020£4,176,881 £20,635 17
    2019£4,144,444 £22,015 9
    2018£3,917,444 £20,561 9
    2017£3,284,688 £18,450 8
    2016£5,746,250 £22,274 8
    2015£4,301,382 £20,175 16
    2014£2,966,571 £14,810 14
    2013£4,541,459 £21,204 11
    2012£3,150,714 £15,306 7
    2011£2,739,643 £15,553 7
    2010£1,976,095 £10,560 11
    2009£1,780,817 £10,484 12
    2008£1,288,091 £8,064 11
    2007£1,781,533 £10,693 15
    2006£1,167,258 £8,430 20
    2005£1,093,769 £7,591 13
    2004£1,135,025 £7,986 12
    2003£1,298,178 £10,053 23
    2002£1,004,671 £7,757 17
    2001£762,776 £5,247 23
    2000£853,266 £3,990 31
    1999£497,833 £2,969 15
    1998£453,655 £2,055 21
    1997£428,934 £2,615 19
    1996£334,450 £4,585 20
    1995£280,460 £1,950 15
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£3,985,2507
    2023£10,263,181 £46,773 29
    2022£7,968,584 £28,472 47
    2021£16,083,747 £45,308 36
    2020£8,648,040 £15,852 40
    2019£12,596,453 £14,331 65
    2018£8,754,765 £28,391 73
    2017£18,255,421 £31,438 74
    2016£13,132,663 £9,965 65
    2015£8,015,857 £138,525 60
    2014£7,118,192 £16,343 31
    2013£9,518,78614
    2012£1,085,0001
    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
    2011£1,020,0001
    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
    1996£331,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2019£4,000,000 £19,231 1
    2008£1,950,000 £8,478 1
    2007£850,000 £10,143 1
    2006£667,2502
    2005£1,800,0001
    2004£1,355,000 £5,489 2
    2002£2,246,667 £5,485 3
    2001£750,000 £6,696 1
    1999£391,500 £3,382 2
    1998£845,0001
    1997£215,000 £2,602 2
    1996£505,8333

    House Type in W1B 1LU area

    The most common house types in the W1B 1LU postcode area are Flat (136), Shared house (20), and converted building (10).

    Total187
    Flat136
    Shared house20
    converted building10
    Terraced8
    commercial building7
    Semi-detached5
    Detached1
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (107), and Owned: Owns outright (39).

    Private rented: Private landlord or letting agency107
    Owned: Owns outright39
    Owned: Owns with a mortgage or loan20
    Social rented: Other social rented10
    Private rented: Other private rented8
    Social rented: Rents from council or Local Authority2
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the W1B 1LU have 1 person in household (75), and 2 people in household (65).

    1 person in household75
    2 people in household65
    3 people in household31
    4 people in household10
    5 people in household4
    8 or more people in household1
    0 people in household0
    6 people in household0
    7 people in household0