Housing Market Analysis for PORTLAND PLACE, W1B 1NZ

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £1,169,167 median price is £777,500 Standard Deviation is £898,788 with Total Sold: 6
    • The Last 5 Year average price is £2,400,000 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 4, 94 PORTLAND PLACE: £2,450,000 (Sold on 22 Dec 2023)
    • The first recorded sale happened at this postcode is FLAT 4, 94 PORTLAND PLACE: £460,000 (Sold on 31 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average W1B 1NZ 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
2023£2,400,000 £17,376 2
2017£400,000 £4,255 2
2004£955,000 £6,773 1
1997£460,000 £3,262 1

All the Sales in the PORTLAND PLACE, W1B 1NZ

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

AddressSold DatePrice% Change
FLAT 4, 94 PORTLAND PLACEFlat, LeaseholdArea: 141 Sq.mtr22 Dec 2023£2,450,000308.33%
04 May 2017£600,000-37.17%
01 Oct 2004£955,000107.61%
31 Oct 1997£460,000First Sale
FLAT 2, 94 - 96 PORTLAND PLACEFlat, Leasehold05 Sep 2023£2,350,0001075.00%
04 May 2017£200,000First Sale

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

PORTLAND PLACE, W1B 1NZ Near By properties

Interactive Map

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

  • Flat
    • The average price is around £838,770 median price is £415,000 Standard Deviation is £1,356,388 with Total Sold: 6,299
    • The Last 5 Year average price is £2,056,796 with Total Sold: 745
    • 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 £8,949,250 median price is £1,515,000 Standard Deviation is £22,041,095 with Total Sold: 382
    • The Last 5 Year average price is £9,630,551 with Total Sold: 172
    • 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 £2,063,638 median price is £1,170,000 Standard Deviation is £2,456,213 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 £2,929,857 median price is £850,000 Standard Deviation is £5,162,455 with Total Sold: 21
    • 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£1,951,866 £16,856 53
2023£1,715,234 £16,039 131
2022£2,279,238 £18,941 150
2021£1,730,347 £16,603 156
2020£2,635,837 £19,822 131
2019£1,992,373 £15,449 124
2018£2,022,149 £17,668 123
2017£1,900,750 £16,213 154
2016£1,883,168 £16,253 155
2015£1,523,168 £15,723 177
2014£1,263,586 £14,552 205
2013£1,160,669 £13,501 305
2012£1,138,453 £11,993 167
2011£964,938 £10,366 190
2010£826,655 £9,346 192
2009£679,031 £8,255 205
2008£660,448 £7,662 123
2007£632,407 £7,875 218
2006£535,469 £6,745 305
2005£476,105 £5,590 214
2004£500,558 £5,390 238
2003£434,649 £5,339 204
2002£385,442 £5,004 275
2001£371,146 £4,338 300
2000£318,192 £3,872 355
1999£288,277 £3,347 353
1998£272,940 £2,600 267
1997£223,875 £2,513 369
1996£196,053 £2,117 258
1995£165,929 £1,817 202
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£4,031,4297
2023£14,361,425 £41,067 21
2022£5,104,598 £20,527 36
2021£12,469,502 £25,245 26
2020£10,574,259 £25,948 35
2019£9,544,109 £18,426 47
2018£5,096,286 £16,201 58
2017£11,676,638 £29,797 56
2016£6,024,758 £11,080 42
2015£7,749,562 £138,525 29
2014£10,521,896 £11,729 18
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£5,037,292 £18,295 12
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£2,423,906 £10,472 16
2009£1,736,786 £10,569 14
2008£1,233,545 £8,327 11
2007£2,177,111 £10,770 18
2006£1,340,007 £8,321 24
2005£1,375,692 £7,589 13
2004£1,057,687 £6,929 15
2003£1,163,357 £8,104 29
2002£1,221,000 £7,593 15
2001£609,314 £4,568 25
2000£902,644 £3,793 33
1999£671,628 £3,153 23
1998£529,067 £2,405 26
1997£431,104 £2,323 25
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
2013£7,100,000 £17,884 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
2004£1,355,000 £5,489 2
2002£2,246,667 £5,485 3
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 1NZ area

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