Housing Market Analysis for PORTLAND PLACE, W1B 1LY

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

Overview of Sold House prices

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

  • Other
    • The average price is around £9,500,000 median price is £9,500,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £9,500,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 28 PORTLAND PLACE: £9,500,000 (Sold on 03 Sep 2020)
    • The first recorded sale happened at this postcode is 28 PORTLAND PLACE: £9,500,000 (Sold on 03 Sep 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average W1B 1LY 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£9,500,0001

All the Sales in the PORTLAND PLACE, W1B 1LY

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

AddressSold DatePrice% Change
28 PORTLAND PLACEOther, Leasehold03 Sep 2020£9,500,000First Sale

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

PORTLAND PLACE, W1B 1LY Near By properties

Interactive Map

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

  • Flat
    • The average price is around £903,057 median price is £447,500 Standard Deviation is £1,426,135 with Total Sold: 6,316
    • The Last 5 Year average price is £2,238,606 with Total Sold: 811
    • 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 £2,141,574 median price is £1,160,000 Standard Deviation is £2,768,416 with Total Sold: 458
    • The Last 5 Year average price is £4,277,631 with Total Sold: 76
    • 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 £11,035,460 median price is £1,800,000 Standard Deviation is £26,625,027 with Total Sold: 551
    • The Last 5 Year average price is £10,638,407 with Total Sold: 232
    • 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)
  • Semi-Detached
    • The average price is around £1,681,136 median price is £836,250 Standard Deviation is £1,958,615 with Total Sold: 22
    • The Last 5 Year average price is £5,900,000 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 £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)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,127,392 £16,856 57
2023£1,743,087 £17,237 133
2022£2,307,660 £20,625 164
2021£2,345,816 £18,853 173
2020£2,742,103 £20,707 138
2019£2,052,909 £17,334 146
2018£2,067,523 £18,463 115
2017£1,832,871 £16,364 161
2016£1,795,211 £16,950 352
2015£1,476,028 £15,996 185
2014£1,200,367 £15,008 221
2013£1,187,284 £13,362 249
2012£1,152,680 £12,775 172
2011£942,815 £10,700 167
2010£784,076 £9,628 191
2009£709,674 £8,561 187
2008£641,536 £7,930 112
2007£623,888 £8,244 223
2006£549,946 £6,824 294
2005£503,492 £5,914 200
2004£452,271 £5,636 231
2003£422,675 £5,368 202
2002£394,133 £5,106 272
2001£352,256 £4,366 286
2000£304,617 £3,890 337
1999£255,903 £3,350 335
1998£214,025 £2,654 255
1997£196,830 £2,504 361
1996£185,463 £2,047 209
1995£145,348 £1,772 188
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£3,901,650 £20,677 20
2020£4,176,881 £20,635 17
2019£4,850,000 £22,015 10
2018£3,917,444 £20,561 9
2017£4,782,750 £19,123 10
2016£5,526,000 £21,098 10
2015£4,530,625 £24,524 16
2014£2,966,571 £14,810 14
2013£4,541,459 £21,204 11
2012£3,850,625 £16,623 8
2011£2,739,643 £15,553 7
2010£2,432,254 £10,560 12
2009£1,780,817 £10,484 12
2008£1,288,091 £8,064 11
2007£2,166,059 £10,986 17
2006£1,333,103 £8,430 21
2005£1,237,071 £7,636 14
2004£1,089,254 £7,515 13
2003£1,335,119 £10,053 26
2002£1,129,411 £7,757 18
2001£661,084 £5,247 22
2000£862,539 £3,990 32
1999£684,405 £3,026 21
1998£478,489 £2,085 22
1997£449,036 £2,670 21
1996£334,450 £4,585 20
1995£280,460 £1,950 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£3,530,8448
2023£10,263,181 £46,773 29
2022£7,815,947 £28,472 48
2021£15,682,835 £41,068 37
2020£8,648,040 £15,852 40
2019£12,012,564 £14,331 70
2018£8,441,356 £19,900 75
2017£18,254,880 £31,438 74
2016£12,933,471 £9,965 66
2015£8,148,549 £138,525 59
2014£6,001,417 £14,614 31
2013£8,227,92313
2012£1,085,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£7,800,000 £18,750 1
2019£4,000,000 £19,231 1
2011£5,475,000 £13,161 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: 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 in W1B 1LY area

The most common house types in the W1B 1LY 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 1LY 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