Housing Market Analysis for PORTLAND PLACE, W1B 1QT

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £1,222,250 median price is £665,000 Standard Deviation is £1,085,261 with Total Sold: 10
    • The Last 5 Year average price is £3,275,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 6, 71 PORTLAND PLACE: £1,965,000 (Sold on 28 Aug 2012)
    • The first recorded sale happened at this postcode is FLAT A, 71 PORTLAND PLACE: £3,275,000 (Sold on 01 Aug 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average W1B 1QT 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
2012£2,477,500 £17,284 2
2007£190,0001
2006£1,350,000 £7,542 1
2005£775,000 £7,045 1
1999£362,5001
1997£438,333 £2,299 3
2023£3,275,000 £15,526 1

All the Sales in the PORTLAND PLACE, W1B 1QT

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

AddressSold DatePrice% Change
FLAT 6, 71 PORTLAND PLACEFlat, LeaseholdArea: 110 Sq.mtrAge: before 190028 Aug 2012£1,965,000153.55%
16 Dec 2005£775,000First Sale
FLAT 7, 71 PORTLAND PLACEFlat, LeaseholdArea: 179 Sq.mtrAge: 1900-192924 Jul 2012£2,990,000121.48%
19 Apr 2006£1,350,000First Sale
FLAT 4, 71 PORTLAND PLACEFlat, Leasehold27 Feb 2007£190,000First Sale
FLAT 1, 71 PORTLAND PLACEFlat, Leasehold27 Oct 1999£362,5005.07%
14 Oct 1997£345,000First Sale
FLAT A, 71 PORTLAND PLACEFlat, LeaseholdArea: 210.94 Sq.mtrAge: 1950-196620 Nov 1997£555,00033.73%
21 May 1997£415,000-87.33%
01 Aug 2023£3,275,000First Sale

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

PORTLAND PLACE, W1B 1QT Near By properties

Interactive Map

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

  • Flat
    • The average price is around £845,634 median price is £425,000 Standard Deviation is £1,356,336 with Total Sold: 6,454
    • The Last 5 Year average price is £2,037,478 with Total Sold: 781
    • 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 £7,217,485 median price is £1,442,500 Standard Deviation is £17,272,149 with Total Sold: 396
    • The Last 5 Year average price is £8,254,179 with Total Sold: 179
    • 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 £2,071,287 median price is £1,170,000 Standard Deviation is £2,445,294 with Total Sold: 513
    • The Last 5 Year average price is £4,498,405 with Total Sold: 74
    • 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 £2,652,739 median price is £950,000 Standard Deviation is £4,876,730 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 £3,334,725 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,006,623 £16,856 56
2023£1,683,505 £16,071 135
2022£2,318,853 £19,429 158
2021£1,751,955 £17,043 163
2020£2,568,940 £19,687 136
2019£1,881,979 £15,157 133
2018£2,111,242 £18,217 127
2017£1,955,263 £16,475 152
2016£1,890,475 £16,479 157
2015£1,508,807 £15,800 183
2014£1,214,757 £14,739 214
2013£1,229,248 £13,324 242
2012£1,136,176 £12,152 175
2011£1,015,747 £10,741 187
2010£839,362 £9,653 199
2009£686,175 £8,466 205
2008£732,351 £8,474 172
2007£663,691 £8,352 264
2006£541,385 £6,803 308
2005£484,744 £5,755 215
2004£493,660 £5,379 244
2003£450,352 £5,350 210
2002£397,509 £5,088 285
2001£371,639 £4,368 306
2000£320,003 £3,892 359
1999£288,969 £3,354 353
1998£274,854 £2,658 272
1997£221,187 £2,504 375
1996£193,941 £2,107 264
1995£167,421 £1,809 205
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£4,031,4297
2023£14,004,088 £41,067 22
2022£5,265,710 £30,825 36
2021£12,438,409 £47,911 27
2020£10,048,585 £25,042 36
2019£4,981,106 £16,584 51
2018£5,704,915 £16,201 64
2017£8,058,223 £29,797 55
2016£3,629,883 £11,080 44
2015£6,861,203 £138,525 31
2014£11,773,696 £11,729 16
2013£1,738,8336
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£4,217,632 £20,352 19
2020£4,359,811 £20,635 16
2019£4,604,167 £19,902 12
2018£3,842,250 £20,069 12
2017£5,128,393 £18,642 14
2016£2,966,538 £20,185 13
2015£4,630,938 £24,478 16
2014£2,803,533 £17,707 15
2013£4,129,932 £20,149 14
2012£3,405,909 £17,824 11
2011£2,449,688 £14,090 8
2010£2,338,062 £10,472 17
2009£1,700,700 £10,606 14
2008£1,354,000 £8,845 11
2007£2,407,944 £11,243 18
2006£1,340,007 £8,321 24
2005£1,224,312 £7,636 16
2004£1,064,706 £6,929 16
2003£1,226,513 £8,515 27
2002£1,132,612 £7,593 17
2001£635,566 £4,492 28
2000£808,655 £3,738 34
1999£685,935 £3,224 24
1998£520,741 £2,405 28
1997£435,584 £2,294 25
1996£334,909 £4,721 22
1995£309,993 £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
2017£3,996,000 £25,615 1
2011£5,475,000 £13,161 1
2009£1,265,000 £7,188 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
2001£1,325,000 £8,494 1
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
2011£4,071,0001
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 1QT area

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