Housing Market Analysis for PORTLAND PLACE, W1B 1PW

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

Overview of Sold House prices

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

Flat
- The average price is around £4,512,228 median price is £3,900,000 Standard Deviation is £1,650,046 with Total Sold: 21
- The Last 5 Year average price is £3,953,333 with Total Sold: 3
- The most recent sale happened at this postcode is APARTMENT 3, 5 PORTLAND PLACE: £3,360,000 (Sold on 30 Sep 2022)
- The first recorded sale happened at this postcode is APARTMENT 1, 5 PORTLAND PLACE: £4,550,000 (Sold on 01 Mar 2024)
Other
- The average price is around £210,000 median price is £210,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £210,000 with Total Sold: 1
- The most recent sale happened at this postcode is 7 PORTLAND PLACE: £210,000 (Sold on 17 Apr 2019)
- The first recorded sale happened at this postcode is 7 PORTLAND PLACE: £210,000 (Sold on 17 Apr 2019)
Terraced
- The average price is around £5,850,000 median price is £5,850,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 7 PORTLAND PLACE: £5,850,000 (Sold on 08 Sep 2000)
- The first recorded sale happened at this postcode is 7 PORTLAND PLACE: £5,850,000 (Sold on 08 Sep 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average W1B 1PW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£3,360,000		1
2019	£3,950,000	£25,321	1
2018	£3,415,000	£18,972	1
2017	£9,300,000		1
2015	£4,345,062	£22,796	8
2014	£4,025,000		1
2013	£3,425,000		2
2012	£4,909,257		5
2024	£4,550,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£210,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2000	£5,850,000		1

All the Sales in the PORTLAND PLACE, W1B 1PW

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

Address	Sold Date	Price	% Change
APARTMENT 3, 5 PORTLAND PLACEFlat, Leasehold	30 Sep 2022	£3,360,000	15.86%
APARTMENT 3, 5 PORTLAND PLACEFlat, Leasehold	04 Oct 2012	£2,900,000	First Sale
7 PORTLAND PLACEOther, Freehold	17 Apr 2019	£210,000	-96.41%
7 PORTLAND PLACEOther, Freehold	08 Sep 2000	£5,850,000	First Sale
FLAT 4, 7 PORTLAND PLACEFlat, LeaseholdArea: 156 Sq.mtr	28 Mar 2019	£3,950,000	1.28%
FLAT 4, 7 PORTLAND PLACEFlat, LeaseholdArea: 156 Sq.mtr	30 Sep 2015	£3,900,000	First Sale
FLAT 1, 7 PORTLAND PLACEFlat, LeaseholdArea: 180 Sq.mtr	25 Jul 2018	£3,415,000	17.76%
FLAT 1, 7 PORTLAND PLACEFlat, LeaseholdArea: 180 Sq.mtr	05 Oct 2015	£2,900,000	First Sale
APARTMENT 7, 5 PORTLAND PLACEFlat, Leasehold	14 Dec 2017	£9,300,000	22.83%
APARTMENT 7, 5 PORTLAND PLACEFlat, Leasehold	04 Oct 2012	£7,571,284	First Sale
FLAT 5, 7 PORTLAND PLACEFlat, LeaseholdArea: 311 Sq.mtr	23 Dec 2015	£6,850,000	First Sale
FLAT 2, 7 PORTLAND PLACEFlat, LeaseholdArea: 194 Sq.mtr	18 Dec 2015	£3,500,000	First Sale
FLAT 7, 7 PORTLAND PLACEFlat, LeaseholdArea: 206 Sq.mtr	13 Oct 2015	£5,688,000	First Sale
FLAT 6, 7 PORTLAND PLACEFlat, LeaseholdArea: 156 Sq.mtr	02 Oct 2015	£4,132,500	First Sale
FLAT 3, 7 PORTLAND PLACEFlat, LeaseholdArea: 156 Sq.mtr	25 Sep 2015	£3,790,000	First Sale
APARTMENT 1, 5 PORTLAND PLACEFlat, Leasehold	18 Mar 2015	£4,000,000	23.08%
	14 Jun 2013	£3,250,000	-28.57%
	01 Mar 2024	£4,550,000	First Sale
APARTMENT 5, 5 PORTLAND PLACEFlat, Leasehold	19 Dec 2014	£4,025,000	4.55%
APARTMENT 5, 5 PORTLAND PLACEFlat, Leasehold	14 Sep 2012	£3,850,000	First Sale
APARTMENT 2, 5 PORTLAND PLACEFlat, Leasehold	18 Oct 2013	£3,600,000	First Sale
APARTMENT 4, 5 PORTLAND PLACEFlat, Leasehold	16 Nov 2012	£3,725,000	First Sale
APARTMENT 6, 5 PORTLAND PLACEFlat, Leasehold	19 Oct 2012	£6,500,000	First Sale

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

PORTLAND PLACE, W1B 1PW Near By properties

Interactive Map

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

Flat
- The average price is around £944,830 median price is £460,000 Standard Deviation is £1,472,776 with Total Sold: 6,022
- The Last 5 Year average price is £2,387,484 with Total Sold: 814
- 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 £2,110,345 median price is £1,266,250 Standard Deviation is £2,681,431 with Total Sold: 380
- The Last 5 Year average price is £3,960,742 with Total Sold: 62
- 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 £11,263,068 median price is £2,178,281 Standard Deviation is £25,625,926 with Total Sold: 594
- The Last 5 Year average price is £11,498,852 with Total Sold: 241
- The most recent sale happened at this postcode is , 94 - 96 WIGMORE STREET: £21,600,000 (Sold on 27 Jun 2024)
- The first recorded sale happened at this postcode is , 3 DEVONSHIRE STREET: £1,085,000 (Sold on 28 May 2012)
Detached
- The average price is around £3,294,670 median price is £1,150,000 Standard Deviation is £5,698,968 with Total Sold: 10
- 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)
Semi-Detached
- The average price is around £970,778 median price is £605,000 Standard Deviation is £927,389 with Total Sold: 18
- The Last 5 Year average price is £4,000,000 with Total Sold: 1
- The most recent sale happened at this postcode is APARTMENT 0.02, THE MANSION, 9 MARYLEBONE LANE: £4,000,000 (Sold on 20 Mar 2019)
- The first recorded sale happened at this postcode is FLAT A-D, 124 GREAT PORTLAND STREET: £345,000 (Sold on 15 Apr 1996)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,065,828	£14,268	50
2023	£2,324,702	£17,384	156
2022	£2,365,559	£20,967	158
2021	£2,419,496	£18,916	173
2020	£2,827,916	£20,906	141
2019	£2,105,884	£17,533	136
2018	£2,078,849	£18,740	109
2017	£1,834,557	£16,313	161
2016	£1,826,162	£17,131	347
2015	£1,490,530	£16,432	182
2014	£1,263,678	£15,026	218
2013	£1,162,956	£13,427	255
2012	£1,205,047	£12,761	159
2011	£937,016	£10,739	169
2010	£757,059	£9,705	180
2009	£720,615	£8,632	149
2008	£696,165	£8,257	122
2007	£626,860	£8,264	222
2006	£511,039	£6,797	286
2005	£491,426	£5,896	193
2004	£440,470	£5,610	214
2003	£430,211	£5,371	189
2002	£376,341	£4,989	251
2001	£336,352	£4,266	255
2000	£306,831	£3,886	302
1999	£250,632	£3,340	325
1998	£190,556	£2,667	229
1997	£194,500	£2,464	338
1996	£153,129	£1,959	179
1995	£126,416	£1,855	174

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,669,000		4
2023	£3,334,091	£20,476	11
2022	£6,067,778	£20,664	9
2021	£3,511,059	£21,188	17
2020	£4,066,691	£22,542	13
2019	£3,881,250	£22,015	8
2018	£3,917,444	£20,561	9
2017	£3,146,786	£18,422	7
2016	£5,791,111	£22,072	9
2015	£4,670,932	£21,583	13
2014	£3,187,133	£14,810	15
2013	£4,850,504	£21,204	12
2012	£2,560,000	£14,600	5
2011	£2,739,643	£15,553	7
2010	£1,976,095	£10,560	11
2009	£1,932,480	£9,756	10
2008	£1,242,375	£7,594	8
2007	£1,570,667	£10,114	12
2006	£1,265,678	£8,550	15
2005	£1,183,364	£8,197	11
2004	£1,197,983	£9,825	12
2003	£1,505,284	£14,462	25
2002	£974,627	£5,685	15
2001	£773,221	£5,143	22
2000	£1,019,238	£4,355	25
1999	£620,577	£3,044	13
1998	£454,675	£2,131	22
1997	£728,683	£2,581	15
1996	£341,269	£5,471	13
1995	£320,075	£2,006	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£12,180,404		13
2023	£19,581,492	£46,773	31
2022	£9,251,139	£29,655	55
2021	£13,951,280	£45,308	38
2020	£6,743,636	£17,435	33
2019	£10,483,812	£14,331	71
2018	£11,788,092	£20,782	81
2017	£11,157,245	£31,438	77
2016	£14,419,108	£9,421	75
2015	£8,619,624	£138,525	63
2014	£6,341,143	£16,343	38
2013	£13,254,333		18
2012	£1,085,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£20,000,000		1
2019	£1,125,000	£12,363	1
2015	£4,250,000	£25,758	1
2011	£1,020,000		1
2010	£3,100,000		1
2004	£680,000	£7,473	1
2003	£1,180,000	£5,756	1
2001	£85,696		1
2000	£1,175,000	£4,108	1
1996	£331,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£4,000,000	£19,231	1
2008	£1,950,000	£8,478	1
2007	£850,000	£10,143	1
2006	£384,500		1
2005	£1,800,000		1
2004	£460,000	£5,489	1
2002	£1,182,500		2
2001	£750,000	£6,696	1
2000	£1,339,000		1
1999	£391,500	£3,382	2
1998	£845,000		1
1997	£215,000	£2,602	2
1996	£505,833		3

House Type in W1B 1PW area

The most common house types in the W1B 1PW postcode area are Flat (136), Shared house (20), and converted building (10).

Total	187
Flat	136
Shared house	20
converted building	10
Terraced	8
commercial building	7
Semi-detached	5
Detached	1
temporary structure	0

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 agency	107
Owned: Owns outright	39
Owned: Owns with a mortgage or loan	20
Social rented: Other social rented	10
Private rented: Other private rented	8
Social rented: Rents from council or Local Authority	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the W1B 1PW have 1 person in household (75), and 2 people in household (65).

1 person in household	75
2 people in household	65
3 people in household	31
4 people in household	10
5 people in household	4
8 or more people in household	1
0 people in household	0
6 people in household	0
7 people in household	0