Housing Market Analysis for PARK CRESCENT, W1B 1PG

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £3,607,120 median price is £2,106,280 Standard Deviation is £3,621,227 with Total Sold: 26
    • The Last 5 Year average price is £3,643,815 with Total Sold: 21
    • The most recent sale happened at this postcode is FLAT 3, 9 - 12 PARK CRESCENT: £5,250,000 (Sold on 08 Jun 2023)
    • The first recorded sale happened at this postcode is FLAT 3, 9 - 12 PARK CRESCENT: £890,000 (Sold on 26 Sep 2001)
  • Other
    • The average price is around £3,803,125 median price is £3,803,125 Standard Deviation is £3,446,875 with Total Sold: 2
    • The Last 5 Year average price is £3,803,125 with Total Sold: 2
    • The most recent sale happened at this postcode is APARTMENT 3, 14 PARK CRESCENT: £7,250,000 (Sold on 21 May 2020)
    • The first recorded sale happened at this postcode is 8 PARK CRESCENT: £356,250 (Sold on 25 Nov 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average W1B 1PG 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£5,250,0001
2022£6,672,500 £27,510 2
2021£4,383,333 £28,746 3
2020£3,323,267 £18,746 9
2019£2,477,618 £10,769 6
2017£5,066,667 £21,918 3
2002£1,175,0001
2001£890,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£7,250,000 £34,038 1
2019£356,2501

All the Sales in the PARK CRESCENT, W1B 1PG

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

AddressSold DatePrice% Change
FLAT 3, 9 - 12 PARK CRESCENTFlat, Leasehold08 Jun 2023£5,250,000346.81%
14 Jun 2002£1,175,00032.02%
26 Sep 2001£890,000First Sale
APARTMENT 2, 14 PARK CRESCENTFlat, LeaseholdArea: 294 Sq.mtr16 Dec 2022£12,250,0006.52%
15 Jun 2020£11,500,000185.98%
29 Nov 2019£4,021,296First Sale
APARTMENT 8, 8 PARK CRESCENTFlat, LeaseholdArea: 82 Sq.mtr30 Jun 2022£1,095,000281.33%
16 Dec 2020£287,150First Sale
APARTMENT 7, 8 PARK CRESCENTFlat, Leasehold17 Dec 2021£1,150,000302.17%
16 Dec 2020£285,950First Sale
FLAT 3, 8 PARK CRESCENTFlat, LeaseholdArea: 223 Sq.mtrAge: before 190030 Mar 2021£5,500,000First Sale
APARTMENT 1, 14 PARK CRESCENTFlat, LeaseholdArea: 198 Sq.mtr16 Mar 2021£6,500,000139.63%
29 Nov 2019£2,712,561First Sale
APARTMENT 6, 8 PARK CRESCENTFlat, LeaseholdArea: 82 Sq.mtr16 Dec 2020£414,350First Sale
APARTMENT 5, 8 PARK CRESCENTFlat, LeaseholdArea: 82 Sq.mtr16 Dec 2020£436,200First Sale
APARTMENT 2, 8 PARK CRESCENTFlat, Leasehold16 Dec 2020£635,750First Sale
APARTMENT 4, 14 PARK CRESCENTFlat, LeaseholdArea: 289 Sq.mtr04 Aug 2020£11,000,000182.06%
29 Nov 2019£3,899,931First Sale
APARTMENT 6, 14 PARK CRESCENTFlat, LeaseholdArea: 176 Sq.mtr18 Jun 2020£3,850,000317.72%
29 Nov 2019£921,669First Sale
APARTMENT 3, 14 PARK CRESCENTOther, LeaseholdArea: 213 Sq.mtr21 May 2020£7,250,000148.69%
29 Nov 2019£2,915,252First Sale
APARTMENT 5, 14 PARK CRESCENTFlat, LeaseholdArea: 82 Sq.mtr15 May 2020£1,500,000279.75%
29 Nov 2019£395,001First Sale
8 PARK CRESCENTOther, Leasehold25 Nov 2019£356,250First Sale
9 PARK CRESCENTFlat, LeaseholdArea: 317 Sq.mtr24 Aug 2017£7,750,000First Sale
FLAT 2, 7 - 8 PARK CRESCENTFlat, Leasehold04 May 2017£800,000First Sale
FLAT 5, 10 PARK CRESCENTFlat, LeaseholdArea: 343 Sq.mtr30 Mar 2017£6,650,000First Sale

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

PARK CRESCENT, W1B 1PG Near By properties

Interactive Map

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

  • Flat
    • The average price is around £836,038 median price is £405,000 Standard Deviation is £1,376,260 with Total Sold: 6,062
    • The Last 5 Year average price is £2,028,908 with Total Sold: 740
    • 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 £9,986,996 median price is £1,475,000 Standard Deviation is £25,922,637 with Total Sold: 367
    • The Last 5 Year average price is £10,173,392 with Total Sold: 163
    • 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 £2,070,557 median price is £1,110,000 Standard Deviation is £2,500,305 with Total Sold: 462
    • The Last 5 Year average price is £4,479,958 with Total Sold: 72
    • 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 , 12 WILLIAM ROAD: £190,000 (Sold on 21 Jan 1995)
  • Semi-Detached
    • The average price is around £2,688,043 median price is £827,500 Standard Deviation is £4,994,744 with Total Sold: 23
    • 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 £3,179,284 median price is £1,500,000 Standard Deviation is £4,997,804 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 , 7 - 9 WILLIAM ROAD: £1,500,000 (Sold on 31 Oct 1997)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,959,978 £16,856 52
2023£1,748,195 £16,164 122
2022£2,198,570 £18,305 154
2021£1,699,827 £16,201 155
2020£2,583,011 £19,466 133
2019£1,940,321 £15,019 124
2018£1,953,153 £17,019 123
2017£1,865,341 £15,863 154
2016£1,857,857 £15,867 157
2015£1,445,429 £15,245 174
2014£1,221,382 £14,032 207
2013£1,142,553 £13,331 301
2012£1,104,592 £11,616 165
2011£944,970 £10,077 191
2010£818,726 £9,197 177
2009£665,506 £8,002 196
2008£637,126 £7,366 109
2007£620,549 £7,805 214
2006£512,996 £6,504 286
2005£472,631 £5,491 208
2004£488,792 £5,248 230
2003£408,603 £5,291 214
2002£371,570 £4,911 256
2001£367,928 £4,293 275
2000£304,603 £3,735 301
1999£287,106 £3,269 333
1998£276,222 £2,555 254
1997£223,019 £2,513 363
1996£198,703 £2,125 242
1995£162,588 £1,793 192
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£4,031,4297
2023£14,944,496 £46,773 20
2022£5,999,177 £20,527 32
2021£13,129,252 £25,245 24
2020£10,574,259 £25,948 35
2019£10,088,403 £18,536 45
2018£5,306,047 £17,562 55
2017£18,163,131 £17,932 53
2016£5,815,644 £11,080 44
2015£7,749,562 £138,525 29
2014£7,896,821 £11,729 16
2013£24,071,0526
2012£1,085,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£620,0001
2023£3,802,778 £22,737 9
2022£5,635,625 £23,549 16
2021£3,946,579 £19,559 19
2020£4,487,132 £20,635 15
2019£4,604,167 £19,902 12
2018£4,530,000 £22,070 7
2017£5,037,292 £18,295 12
2016£3,096,500 £20,500 10
2015£4,763,462 £25,518 13
2014£2,768,071 £17,430 14
2013£4,294,696 £20,219 13
2012£3,609,000 £17,824 10
2011£2,449,688 £14,090 8
2010£2,305,577 £10,361 13
2009£1,567,917 £9,719 12
2008£1,241,000 £8,327 9
2007£2,192,824 £11,383 17
2006£1,391,598 £7,878 22
2005£1,426,167 £7,586 12
2004£983,236 £6,929 14
2003£1,130,598 £8,161 29
2002£1,230,000 £7,339 13
2001£594,314 £4,805 25
2000£928,116 £3,860 28
1999£689,402 £3,153 21
1998£492,812 £2,393 28
1997£453,374 £2,402 23
1996£319,364 £5,232 22
1995£309,327 £2,043 15
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£1,407,600 £5,485 5
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£2,532,500 £5,756 2
2001£978,5653
2000£1,175,000 £4,108 1
1997£1,500,0001

House Type in W1B 1PG area

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