Housing Market Analysis for PORTLAND PLACE, W1B 1QL

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

Overview of Sold House prices

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

Flat
- The average price is around £1,470,728 median price is £666,203 Standard Deviation is £1,488,839 with Total Sold: 25
- The Last 5 Year average price is £4,165,000 with Total Sold: 3
- The most recent sale happened at this postcode is FLAT 6, 55 PORTLAND PLACE: £5,705,000 (Sold on 08 Apr 2022)
- The first recorded sale happened at this postcode is FLAT 10, 55 - 57 PORTLAND PLACE: £350,000 (Sold on 04 Apr 1995)
Other
- The average price is around £2,600,000 median price is £2,600,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £2,600,000 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 18, 55 PORTLAND PLACE: £2,600,000 (Sold on 06 Dec 2019)
- The first recorded sale happened at this postcode is FLAT 18, 55 PORTLAND PLACE: £2,600,000 (Sold on 06 Dec 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average W1B 1QL 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	£5,705,000	£24,380	1
2021	£2,050,000		1
2019	£4,740,000	£23,051	1
2014	£3,057,500	£24,106	2
2013	£2,500,000	£18,248	1
2011	£1,147,500	£8,649	2
2009	£3,372,000	£16,398	1
2008	£1,583,102		2
2006	£387,500	£2,190	2
2005	£575,000	£3,673	2
2004	£900,000	£5,352	2
2003	£280,000	£2,616	2
2001	£605,000	£4,515	1
2000	£330,000	£2,463	1
1997	£460,000	£2,237	1
1996	£375,000	£2,641	1
1995	£385,000		2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£2,600,000	£21,368	1

All the Sales in the PORTLAND PLACE, W1B 1QL

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

Address	Sold Date	Price	% Change
FLAT 6, 55 PORTLAND PLACEFlat, LeaseholdArea: 234 Sq.mtrAge: 1900-1929	08 Apr 2022	£5,705,000	1362.82%
	11 Mar 2005	£390,000	First Sale
FLAT 1, 53 - 57 PORTLAND PLACEFlat, Leasehold	06 Sep 2021	£2,050,000	First Sale
FLAT 18, 55 PORTLAND PLACEOther, LeaseholdArea: 121.68 Sq.mtrAge: before 1900	06 Dec 2019	£2,600,000	336.97%
	14 Apr 2011	£595,000	First Sale
FLAT 7, 55 PORTLAND PLACEFlat, LeaseholdArea: 205.63 Sq.mtrAge: 1930-1949	26 Jun 2019	£4,740,000	351.43%
	16 Jul 2004	£1,050,000	128.26%
	20 Nov 1997	£460,000	First Sale
FLAT 22, 55 PORTLAND PLACEFlat, LeaseholdArea: 123 Sq.mtrAge: 1930-1949	19 Dec 2014	£2,965,000	First Sale
FLAT 15, 55 - 57 PORTLAND PLACEFlat, Leasehold	30 Apr 2014	£3,150,000	First Sale
FLAT 17, 55 PORTLAND PLACEFlat, LeaseholdArea: 137 Sq.mtrAge: 1930-1949	06 Dec 2013	£2,500,000	47.06%
	31 Oct 2011	£1,700,000	466.67%
	19 Jan 2006	£300,000	First Sale
55, FLAT 7 PORTLAND PLACEFlat, LeaseholdArea: 205.63 Sq.mtrAge: 1930-1949	17 Apr 2009	£3,372,000	First Sale
FLAT 4, 55 PORTLAND PLACEFlat, Leasehold	08 Sep 2008	£666,203	First Sale
FLAT 2, 55 PORTLAND PLACEFlat, Leasehold	28 Aug 2008	£2,500,000	495.24%
FLAT 2, 55 PORTLAND PLACEFlat, Leasehold	31 May 1995	£420,000	First Sale
FLAT 9, 55 PORTLAND PLACEFlat, Leasehold	30 Nov 2006	£475,000	First Sale
FLAT 16, 55 PORTLAND PLACEFlat, LeaseholdArea: 133.81 Sq.mtr	14 Mar 2005	£760,000	117.14%
	22 Sep 2003	£350,000	First Sale
FLAT 21, 55 PORTLAND PLACEFlat, LeaseholdArea: 134 Sq.mtrAge: before 1900	07 Jul 2004	£750,000	23.97%
	31 Jul 2001	£605,000	83.33%
	24 Mar 2000	£330,000	First Sale
FLAT 20, 55 PORTLAND PLACEFlat, Leasehold	11 Sep 2003	£210,000	First Sale
FLAT 5, 55 PORTLAND PLACEFlat, LeaseholdArea: 142 Sq.mtrAge: 1930-1949	01 Jul 1996	£375,000	First Sale
FLAT 10, 55 - 57 PORTLAND PLACEFlat, Leasehold	04 Apr 1995	£350,000	First Sale

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

PORTLAND PLACE, W1B 1QL Near By properties

Interactive Map

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

Flat
- The average price is around £893,261 median price is £450,000 Standard Deviation is £1,434,634 with Total Sold: 6,732
- The Last 5 Year average price is £2,218,984 with Total Sold: 833
- 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 £2,090,546 median price is £1,130,000 Standard Deviation is £2,647,711 with Total Sold: 523
- The Last 5 Year average price is £4,422,789 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 £8,310,483 median price is £1,435,000 Standard Deviation is £20,718,511 with Total Sold: 436
- The Last 5 Year average price is £8,621,588 with Total Sold: 189
- 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 £2,627,476 median price is £827,500 Standard Deviation is £5,094,868 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 £3,334,725 median price is £1,340,000 Standard Deviation is £5,179,300 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 , 10 WIMPOLE MEWS: £1,175,000 (Sold on 12 Jun 2000)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,070,140	£16,856	60
2023	£1,802,635	£17,072	147
2022	£2,336,471	£19,857	164
2021	£2,340,105	£18,225	184
2020	£2,735,251	£20,506	143
2019	£1,883,828	£15,211	135
2018	£2,036,467	£17,870	129
2017	£1,933,981	£16,441	157
2016	£1,784,937	£16,258	283
2015	£1,509,290	£15,785	187
2014	£1,299,489	£15,111	224
2013	£1,236,707	£13,430	240
2012	£1,143,852	£12,347	175
2011	£990,202	£10,861	191
2010	£826,700	£9,591	200
2009	£700,944	£8,609	208
2008	£731,882	£8,517	175
2007	£689,612	£8,410	275
2006	£560,852	£6,856	315
2005	£499,530	£5,815	216
2004	£506,816	£5,505	249
2003	£448,390	£5,351	219
2002	£400,069	£5,060	291
2001	£369,707	£4,393	312
2000	£319,070	£3,885	355
1999	£288,273	£3,422	369
1998	£275,696	£2,636	267
1997	£219,508	£2,511	382
1996	£192,773	£2,127	274
1995	£167,939	£1,830	206

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,372,500		2
2023	£3,552,273	£21,673	11
2022	£5,421,765	£23,053	17
2021	£4,285,278	£20,424	18
2020	£4,359,811	£20,635	16
2019	£4,604,167	£19,902	12
2018	£3,842,250	£20,069	12
2017	£4,686,964	£18,504	14
2016	£4,683,214	£20,185	14
2015	£4,630,938	£24,478	16
2014	£2,802,200	£17,759	15
2013	£4,129,932	£20,149	14
2012	£3,405,909	£17,824	11
2011	£2,449,688	£14,090	8
2010	£2,293,725	£10,680	18
2009	£1,673,653	£10,700	15
2008	£1,309,400	£8,845	10
2007	£2,204,333	£11,243	18
2006	£1,340,007	£8,321	24
2005	£1,214,267	£7,636	15
2004	£1,064,706	£6,929	16
2003	£1,317,162	£8,403	30
2002	£1,156,141	£7,593	17
2001	£657,066	£4,568	28
2000	£838,179	£3,857	35
1999	£685,935	£3,224	24
1998	£520,741	£2,405	28
1997	£444,430	£2,294	27
1996	£345,364	£4,382	22
1995	£300,431	£1,950	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£3,530,844		8
2023	£14,363,806	£41,067	21
2022	£4,885,771	£30,825	39
2021	£14,948,528	£41,068	31
2020	£11,282,870	£25,042	38
2019	£4,171,056	£14,331	52
2018	£6,355,123	£16,201	69
2017	£10,797,144	£29,797	62
2016	£8,980,478	£11,317	52
2015	£5,518,241	£138,525	39
2014	£10,680,544	£19,287	18
2013	£1,738,833		6
2012	£1,085,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£667,250		2
2004	£1,355,000	£5,489	2
2002	£2,246,667	£5,485	3
2001	£750,000	£6,696	1
1999	£390,000	£3,382	1
1997	£215,000	£2,602	2
1996	£471,875		4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£20,000,000		1
2019	£1,125,000	£12,363	1
2018	£1,500,000		1
2015	£4,250,000	£25,758	1
2011	£4,071,000		1
2010	£3,100,000		1
2004	£680,000	£7,473	1
2003	£1,180,000	£5,756	1
2001	£978,565		3
2000	£1,175,000	£4,108	1

House Type in W1B 1QL area

The most common house types in the W1B 1QL postcode area are Flat (101), Terraced (7), and Shared house (6).

Total	118
Flat	101
Terraced	7
Shared house	6
converted building	2
Semi-detached	1
commercial building	1
Detached	0
temporary structure	0

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 outright	47
Private rented: Private landlord or letting agency	31
Owned: Owns with a mortgage or loan	30
Private rented: Other private rented	7
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	1
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 1QL have 2 people in household (42), and 1 person in household (41).

2 people in household	42
1 person in household	41
3 people in household	21
4 people in household	9
5 people in household	3
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0