Housing Market Analysis for W1B 2LB

Are you looking to understand W1B 2LB 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 2LB area, explore the W1B 2LB Area information page.
For comprehensive crime statistics in the W1B 2LB area, explore the W1B 2LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the W1B 2LB postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average W1B 2LB 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 2LB

    See the table below for more details on the sold house prices in the W1B 2LB, Westminster postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the W1B 2LB postcode. Properties currently for saleProperties currently for rent

    W1B 2LB Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the W1B 2LB 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 2LB postcode.

    • Flat
      • The average price is around £1,180,473 median price is £540,000 Standard Deviation is £1,965,191 with Total Sold: 3,477
      • The Last 5 Year average price is £2,648,200 with Total Sold: 476
      • The most recent sale happened at this postcode is FLAT 2, 94 NEW CAVENDISH STREET: £2,825,000 (Sold on 03 Sep 2024)
      • The first recorded sale happened at this postcode is , 1 THE MANOR, 10 DAVIES STREET: £595,000 (Sold on 06 Jan 1995)
    • Other
      • The average price is around £16,384,470 median price is £2,837,500 Standard Deviation is £38,993,506 with Total Sold: 821
      • The Last 5 Year average price is £19,579,021 with Total Sold: 323
      • The most recent sale happened at this postcode is , 01-Jul LIVONIA STREET: £12,750,000 (Sold on 04 Jul 2024)
      • The first recorded sale happened at this postcode is BASEMENT AND GROUND FLOOR PREMISES, 61 - 63 BEAK STREET: £446,119 (Sold on 03 Jun 2013)
    • Terraced
      • The average price is around £3,110,783 median price is £1,400,000 Standard Deviation is £8,272,145 with Total Sold: 221
      • The Last 5 Year average price is £8,850,941 with Total Sold: 19
      • The most recent sale happened at this postcode is , 178 NEW BOND STREET: £82,000,000 (Sold on 08 May 2024)
      • The first recorded sale happened at this postcode is , 5 BOURLET CLOSE: £157,000 (Sold on 01 Feb 1995)
    • Semi-Detached
      • The average price is around £1,078,497 median price is £524,500 Standard Deviation is £1,208,735 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)
    • Detached
      • The average price is around £1,339,000 median price is £1,387,500 Standard Deviation is £472,399 with Total Sold: 4
      • The Last 5 Year average price is £1,125,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , 3 HARLEY PLACE: £1,125,000 (Sold on 21 Jan 2019)
      • The first recorded sale happened at this postcode is , 9 - 11 BROADWICK STREET: £1,650,000 (Sold on 21 Dec 2001)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,119,411 £13,914 36
    2023£2,902,851 £21,417 110
    2022£2,282,929 £19,877 86
    2021£3,358,744 £20,367 104
    2020£2,675,688 £23,691 54
    2019£2,032,586 £20,703 86
    2018£1,983,818 £18,744 76
    2017£3,011,012 £26,078 113
    2016£2,099,611 £18,447 281
    2015£2,386,073 £20,263 141
    2014£1,566,803 £18,196 103
    2013£1,548,962 £15,530 104
    2012£1,400,636 £13,905 86
    2011£1,282,184 £11,647 78
    2010£805,543 £11,034 111
    2009£701,298 £8,594 85
    2008£834,233 £9,094 57
    2007£803,977 £8,852 121
    2006£565,320 £6,757 130
    2005£465,033 £6,257 104
    2004£631,099 £6,944 104
    2003£509,965 £6,574 107
    2002£441,119 £5,356 147
    2001£382,288 £4,760 132
    2000£329,337 £4,471 207
    1999£265,186 £3,712 177
    1998£273,939 £3,512 176
    1997£230,512 £2,804 176
    1996£159,670 £2,099 98
    1995£147,373 £2,320 87
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£13,487,88019
    2023£36,524,851 £66,457 41
    2022£10,685,726 £44,599 60
    2021£18,728,500 £42,916 58
    2020£31,381,247 £14,120 60
    2019£11,293,690 £13,204 85
    2018£20,792,024 £110,690 110
    2017£7,165,946 £53,628 133
    2016£23,293,175 £694,152 87
    2015£12,244,432 £181,867 85
    2014£6,914,071 £22,206 59
    2013£17,175,825 £11,450 24
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£28,766,6673
    2023£2,533,333 £24,542 3
    2022£11,085,000 £24,250 4
    2021£3,138,9422
    2020£2,825,000 £15,495 4
    2019£4,116,6673
    2018£14,601,039 £20,029 6
    2017£3,846,900 £23,186 10
    2016£13,003,333 £22,075 6
    2015£8,106,515 £21,296 8
    2014£4,175,333 £1,005 6
    2013£4,800,000 £11,892 4
    2012£2,787,500 £11,754 4
    2011£2,862,500 £14,441 2
    2010£2,647,500 £13,364 6
    2009£2,614,933 £10,832 3
    2008£1,395,000 £8,397 5
    2007£1,692,727 £9,734 11
    2006£1,556,944 £4,463 9
    2005£1,237,200 £7,209 10
    2004£1,134,000 £17,755 5
    2003£1,557,500 £18,671 17
    2002£938,550 £5,142 10
    2001£1,193,376 £3,738 17
    2000£1,273,794 £3,187 16
    1999£948,333 £2,688 9
    1998£516,167 £1,685 15
    1997£1,442,429 £918 7
    1996£301,375 £2,055 8
    1995£318,125 £1,123 8
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2019£4,000,000 £19,231 1
    2009£4,300,000 £19,310 1
    2007£1,250,0001
    2002£720,0001
    2001£1,068,000 £6,512 3
    2000£1,144,5002
    1999£389,983 £4,365 3
    1998£605,0002
    1997£300,000 £2,602 1
    1996£323,3333
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2019£1,125,000 £12,363 1
    2008£1,901,0001
    2004£680,000 £7,473 1
    2001£1,650,0001

    House Type in W1B 2LB area

    The most common house types in the W1B 2LB postcode area are Flat (80), commercial building (27), and Shared house (15).

    Total131
    Flat80
    commercial building27
    Shared house15
    Terraced4
    converted building3
    Semi-detached2
    Detached0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (74), and Owned: Owns outright (21).

    Private rented: Private landlord or letting agency74
    Owned: Owns outright21
    Private rented: Other private rented13
    Social rented: Rents from council or Local Authority8
    Owned: Owns with a mortgage or loan6
    Social rented: Other social rented5
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the W1B 2LB have 1 person in household (72), and 2 people in household (48).

    1 person in household72
    2 people in household48
    4 people in household5
    3 people in household4
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0