Housing Market Analysis for W1B 1PY

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    W1B 1PY Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £928,519 median price is £475,000 Standard Deviation is £1,431,117 with Total Sold: 6,298
      • The Last 5 Year average price is £2,281,400 with Total Sold: 803
      • 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 £2,159,995 median price is £1,225,000 Standard Deviation is £2,686,021 with Total Sold: 469
      • The Last 5 Year average price is £4,304,447 with Total Sold: 76
      • 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 £9,629,674 median price is £1,725,000 Standard Deviation is £22,427,018 with Total Sold: 531
      • The Last 5 Year average price is £10,189,807 with Total Sold: 219
      • 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)
    • Semi-Detached
      • The average price is around £1,689,250 median price is £788,750 Standard Deviation is £2,043,726 with Total Sold: 20
      • 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 £3,212,308 median price is £1,177,500 Standard Deviation is £5,231,228 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£2,114,125 £16,856 59
    2023£1,788,252 £17,351 133
    2022£2,331,910 £20,634 163
    2021£2,437,472 £19,106 167
    2020£2,813,747 £21,009 134
    2019£2,076,135 £17,288 147
    2018£2,035,119 £18,663 122
    2017£1,845,127 £16,443 159
    2016£1,831,192 £17,107 345
    2015£1,552,253 £16,257 177
    2014£1,284,995 £15,224 223
    2013£1,205,841 £13,527 248
    2012£1,192,908 £12,862 162
    2011£995,948 £10,991 179
    2010£776,744 £9,648 185
    2009£750,367 £8,624 156
    2008£730,361 £8,694 160
    2007£662,931 £8,555 264
    2006£568,858 £6,861 303
    2005£505,375 £5,932 201
    2004£460,109 £5,552 221
    2003£437,866 £5,360 195
    2002£404,128 £5,116 267
    2001£359,827 £4,379 284
    2000£319,768 £3,891 333
    1999£262,016 £3,391 322
    1998£229,378 £2,634 239
    1997£201,849 £2,518 355
    1996£192,310 £2,025 205
    1995£158,255 £1,815 190
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,669,0004
    2023£3,535,417 £20,871 12
    2022£5,763,125 £24,072 16
    2021£3,958,056 £20,677 18
    2020£4,326,999 £21,496 16
    2019£4,135,000 £20,668 10
    2018£3,950,700 £20,559 10
    2017£4,913,409 £19,119 11
    2016£5,085,000 £20,717 12
    2015£4,571,250 £23,679 16
    2014£2,947,312 £16,623 16
    2013£4,465,088 £20,795 12
    2012£2,968,333 £16,797 9
    2011£2,739,643 £15,553 7
    2010£2,231,932 £10,284 14
    2009£1,972,480 £10,484 10
    2008£1,135,900 £8,064 10
    2007£2,226,278 £11,243 18
    2006£1,137,280 £8,321 22
    2005£1,093,769 £7,591 13
    2004£1,141,520 £8,112 15
    2003£1,424,886 £12,636 32
    2002£1,153,494 £7,757 17
    2001£762,802 £5,047 26
    2000£887,311 £3,990 33
    1999£574,853 £3,096 17
    1998£456,837 £1,996 20
    1997£449,080 £2,791 20
    1996£334,900 £4,382 20
    1995£298,454 £1,950 13
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£7,499,6399
    2023£13,524,366 £46,773 28
    2022£6,685,683 £28,472 49
    2021£15,639,140 £45,308 35
    2020£9,144,087 £20,779 35
    2019£9,371,067 £14,331 63
    2018£8,304,993 £18,679 81
    2017£10,695,070 £29,797 71
    2016£11,139,824 £9,965 62
    2015£8,147,050 £138,525 58
    2014£6,481,926 £19,287 28
    2013£9,450,72711
    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£384,5001
    2005£1,800,0001
    2004£460,000 £5,489 1
    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£4,071,0001
    2010£3,100,0001
    2004£680,000 £7,473 1
    2003£1,180,000 £5,756 1
    2001£567,8482
    2000£1,175,000 £4,108 1
    1996£331,0001

    House Type in W1B 1PY area

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