Housing Market Analysis for W1B 1LZ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average W1B 1LZ 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 1LZ

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

    AddressSold DatePrice% Change

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

    W1B 1LZ Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £903,519 median price is £450,000 Standard Deviation is £1,422,379 with Total Sold: 6,364
      • The Last 5 Year average price is £2,235,606 with Total Sold: 816
      • 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 £2,160,405 median price is £1,170,000 Standard Deviation is £2,777,528 with Total Sold: 459
      • The Last 5 Year average price is £4,300,000 with Total Sold: 77
      • 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 £10,699,695 median price is £1,725,000 Standard Deviation is £26,136,768 with Total Sold: 545
      • The Last 5 Year average price is £10,678,306 with Total Sold: 230
      • 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£2,340,319 £18,806 176
    2020£2,731,908 £20,673 139
    2019£2,048,128 £17,359 147
    2018£2,072,900 £18,457 119
    2017£1,832,641 £16,371 161
    2016£1,795,211 £16,950 352
    2015£1,476,028 £15,996 185
    2014£1,201,941 £15,001 222
    2013£1,198,480 £13,502 251
    2012£1,152,680 £12,775 172
    2011£958,831 £10,735 171
    2010£786,164 £9,628 192
    2009£709,249 £8,626 189
    2008£641,611 £7,935 113
    2007£623,888 £8,244 223
    2006£556,084 £6,842 299
    2005£502,604 £5,923 201
    2004£451,559 £5,601 232
    2003£422,046 £5,363 203
    2002£396,968 £5,114 275
    2001£352,779 £4,364 288
    2000£304,899 £3,892 337
    1999£255,608 £3,354 337
    1998£215,773 £2,675 259
    1997£197,737 £2,514 369
    1996£185,604 £2,044 210
    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£5,900,714 £19,567 14
    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£4,913,409 £19,119 11
    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£1,221,846 £7,636 13
    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£10,557,675 £46,773 27
    2022£7,666,642 £28,472 49
    2021£15,682,835 £41,068 37
    2020£8,869,144 £15,852 39
    2019£12,012,564 £14,331 70
    2018£7,720,878 £19,663 76
    2017£18,167,515 £29,797 74
    2016£10,828,267 £9,965 64
    2015£8,148,549 £138,525 59
    2014£5,958,412 £14,614 29
    2013£8,040,66712
    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 1LZ area

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