Housing Market Analysis for W1B 2LR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    W1B 2LR Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £1,539,737 median price is £540,000 Standard Deviation is £3,904,710 with Total Sold: 3,187
      • The Last 5 Year average price is £4,770,625 with Total Sold: 498
      • The most recent sale happened at this postcode is FLAT 6, 50 BROOKS MEWS: £1,525,000 (Sold on 16 Aug 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 £16,554,925 median price is £2,850,000 Standard Deviation is £39,063,820 with Total Sold: 825
      • The Last 5 Year average price is £20,034,904 with Total Sold: 324
      • 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 £3,248,643 median price is £1,417,500 Standard Deviation is £8,567,174 with Total Sold: 206
      • The Last 5 Year average price is £9,061,660 with Total Sold: 18
      • 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 £1,170,184 median price is £635,000 Standard Deviation is £1,252,202 with Total Sold: 16
      • 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 , 32 DARBLAY STREET: £280,000 (Sold on 15 May 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£2,236,960 £13,914 30
    2023£3,607,120 £26,133 109
    2022£5,846,750 £29,030 91
    2021£4,089,021 £22,764 103
    2020£8,273,866 £31,785 97
    2019£2,348,499 £22,826 68
    2018£2,339,086 £23,367 60
    2017£3,043,478 £26,355 105
    2016£2,373,325 £19,041 135
    2015£2,666,311 £21,484 120
    2014£1,598,061 £18,335 102
    2013£1,639,617 £15,837 99
    2012£1,472,329 £14,165 78
    2011£1,425,605 £12,294 79
    2010£843,379 £11,432 105
    2009£881,662 £9,252 79
    2008£851,194 £9,094 60
    2007£793,065 £9,040 126
    2006£605,701 £6,630 127
    2005£480,423 £6,415 98
    2004£657,614 £7,020 95
    2003£509,554 £6,660 98
    2002£431,090 £5,409 139
    2001£383,605 £4,791 115
    2000£329,200 £4,496 202
    1999£278,776 £3,847 158
    1998£287,848 £3,608 173
    1997£236,544 £2,809 168
    1996£168,118 £2,097 82
    1995£172,008 £2,472 86
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£14,668,80717
    2023£37,152,464 £61,119 46
    2022£11,165,403 £44,302 56
    2021£18,323,704 £48,618 57
    2020£30,842,760 £17,310 61
    2019£11,285,100 £13,204 87
    2018£21,675,274 £116,233 109
    2017£6,677,612 £53,628 130
    2016£22,666,135 £694,152 91
    2015£12,704,083 £122,184 87
    2014£5,928,614 £22,206 60
    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£9,296,400 £27,683 5
    2021£3,138,9422
    2020£2,433,333 £11,667 3
    2019£4,575,0002
    2018£13,508,034 £21,684 7
    2017£3,846,900 £23,186 10
    2016£13,003,333 £22,075 6
    2015£9,187,853 £16,989 6
    2014£4,175,333 £1,005 6
    2013£7,100,000 £10,360 4
    2012£1,483,333 £12,196 3
    2011£4,000,0001
    2010£2,763,000 £13,364 5
    2009£2,614,933 £10,832 3
    2008£1,395,000 £8,397 5
    2007£1,609,500 £8,610 12
    2006£1,534,722 £4,463 9
    2005£1,237,200 £7,209 10
    2004£1,005,000 £17,755 4
    2003£1,611,094 £18,671 16
    2002£983,944 £5,142 9
    2001£1,182,693 £3,671 15
    2000£1,398,622 £3,187 14
    1999£937,033 £2,688 9
    1998£524,464 £1,438 14
    1997£1,799,2504
    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£280,0001
    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 2LR area

    The most common house types in the W1B 2LR 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 2LR 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