Housing Market Analysis for PORTLAND PLACE, W1B 1NG

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £1,450,000 median price is £1,450,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 2, 48 PORTLAND PLACE: £1,450,000 (Sold on 21 Dec 2023)
    • The first recorded sale happened at this postcode is FLAT 2, 48 PORTLAND PLACE: £1,450,000 (Sold on 21 Dec 2023)
  • Flat
    • The average price is around £820,000 median price is £820,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 48 PORTLAND PLACE: £820,000 (Sold on 10 Apr 2006)
    • The first recorded sale happened at this postcode is 48 PORTLAND PLACE: £820,000 (Sold on 10 Apr 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average W1B 1NG 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,450,000 £6,444 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£820,0001

All the Sales in the PORTLAND PLACE, W1B 1NG

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

AddressSold DatePrice% Change
FLAT 2, 48 PORTLAND PLACETerraced, LeaseholdArea: 225 Sq.mtrAge: before 190021 Dec 2023£1,450,000First Sale
48 PORTLAND PLACEFlat, Leasehold10 Apr 2006£820,000First Sale

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

PORTLAND PLACE, W1B 1NG Near By properties

Interactive Map

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

  • Flat
    • The average price is around £900,873 median price is £450,000 Standard Deviation is £1,412,091 with Total Sold: 6,362
    • The Last 5 Year average price is £2,201,653 with Total Sold: 795
    • 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 £2,146,341 median price is £1,200,000 Standard Deviation is £2,666,256 with Total Sold: 507
    • The Last 5 Year average price is £4,259,292 with Total Sold: 82
    • 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 £9,984,133 median price is £1,624,666 Standard Deviation is £25,618,886 with Total Sold: 503
    • The Last 5 Year average price is £9,578,878 with Total Sold: 207
    • 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 £2,425,625 median price is £836,250 Standard Deviation is £4,800,123 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 £3,023,058 median price is £1,177,500 Standard Deviation is £5,237,814 with Total Sold: 12
    • 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£2,124,851 £16,856 58
2023£1,751,610 £17,237 137
2022£2,276,211 £20,073 158
2021£2,331,022 £18,607 170
2020£2,742,986 £20,487 138
2019£1,885,483 £15,520 134
2018£2,007,940 £17,893 124
2017£1,838,955 £16,383 161
2016£1,803,415 £16,800 356
2015£1,521,044 £16,038 189
2014£1,211,902 £14,975 219
2013£1,200,353 £13,445 248
2012£1,105,884 £12,411 164
2011£975,863 £10,665 181
2010£786,126 £9,491 191
2009£707,607 £8,636 191
2008£625,424 £7,745 111
2007£644,315 £8,138 224
2006£557,054 £6,799 287
2005£504,045 £5,879 204
2004£470,024 £5,559 238
2003£452,141 £5,490 202
2002£397,916 £5,092 272
2001£357,614 £4,414 292
2000£316,556 £3,902 340
1999£259,782 £3,425 344
1998£234,265 £2,646 252
1997£208,058 £2,524 363
1996£199,273 £2,046 217
1995£167,518 £1,828 197
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,312,5002
2023£3,425,000 £20,871 13
2022£5,203,889 £22,151 18
2021£4,009,250 £20,424 20
2020£4,176,881 £20,635 17
2019£4,604,167 £19,902 12
2018£3,827,909 £20,069 11
2017£4,753,654 £18,504 13
2016£4,912,692 £20,500 13
2015£4,630,938 £24,478 16
2014£2,828,353 £17,759 17
2013£4,294,696 £20,219 13
2012£3,405,909 £17,824 11
2011£2,739,643 £15,553 7
2010£2,105,121 £10,680 17
2009£1,869,271 £10,981 14
2008£1,199,500 £8,064 12
2007£2,226,278 £11,243 18
2006£1,340,007 £8,321 24
2005£1,256,000 £7,636 14
2004£1,089,254 £7,515 13
2003£1,361,334 £8,765 28
2002£1,172,462 £7,339 16
2001£701,264 £5,047 26
2000£868,220 £3,990 33
1999£704,891 £3,227 23
1998£520,490 £2,297 24
1997£463,784 £2,649 25
1996£348,476 £4,382 21
1995£300,431 £1,950 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£3,530,8448
2023£12,304,777 £46,773 25
2022£4,817,664 £30,825 43
2021£19,085,803 £41,068 31
2020£12,301,879 £16,242 43
2019£5,599,320 £14,331 57
2018£6,766,128 £16,201 80
2017£18,214,006 £29,797 72
2016£11,152,486 £11,317 63
2015£5,798,661 £138,525 49
2014£7,916,686 £19,287 23
2013£2,072,8758
2012£1,085,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£7,800,000 £18,750 1
2019£23,710,000 £54,142 1
2011£5,475,000 £13,161 1
2008£1,950,000 £8,478 1
2007£1,000,000 £10,143 2
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£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
1996£331,0001

House Type in W1B 1NG area

The most common house types in the W1B 1NG postcode area are Flat (73), Shared house (23), and commercial building (11).

Total129
Flat73
Shared house23
commercial building11
Terraced9
converted building7
Semi-detached4
Detached2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (70), and Owned: Owns outright (32).

Private rented: Private landlord or letting agency70
Owned: Owns outright32
Private rented: Other private rented15
Owned: Owns with a mortgage or loan9
Social rented: Rents from council or Local Authority1
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 1NG have 1 person in household (58), and 2 people in household (39).

1 person in household58
2 people in household39
3 people in household13
4 people in household9
8 or more people in household5
5 people in household4
6 people in household2
0 people in household0
7 people in household0