Housing Market Analysis for W1B 2LZ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    W1B 2LZ Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £1,290,049 median price is £550,000 Standard Deviation is £2,636,560 with Total Sold: 2,985
      • The Last 5 Year average price is £3,151,597 with Total Sold: 435
      • 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 £16,429,601 median price is £2,837,500 Standard Deviation is £38,969,757 with Total Sold: 831
      • The Last 5 Year average price is £20,166,309 with Total Sold: 321
      • 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 £2,813,939 median price is £1,377,500 Standard Deviation is £6,567,832 with Total Sold: 206
      • The Last 5 Year average price is £4,935,493 with Total Sold: 16
      • The most recent sale happened at this postcode is , 10 ALDBURGH MEWS: £1,800,000 (Sold on 05 Apr 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£2,171,735 £13,914 31
    2023£3,048,486 £21,699 98
    2022£3,569,399 £20,554 80
    2021£3,367,318 £20,513 100
    2020£4,056,683 £23,959 55
    2019£2,246,026 £21,601 71
    2018£2,176,955 £19,723 64
    2017£3,101,835 £26,555 102
    2016£2,244,177 £18,629 172
    2015£2,598,749 £21,195 122
    2014£1,591,861 £18,126 96
    2013£1,622,212 £15,577 95
    2012£1,430,762 £14,077 81
    2011£1,378,504 £12,044 75
    2010£836,302 £11,281 105
    2009£805,143 £8,909 79
    2008£791,121 £8,356 55
    2007£801,152 £8,744 116
    2006£581,360 £6,649 121
    2005£472,462 £6,317 94
    2004£657,791 £6,980 92
    2003£524,277 £6,717 88
    2002£415,908 £5,308 126
    2001£384,200 £4,673 110
    2000£327,715 £4,496 190
    1999£264,544 £3,651 150
    1998£268,376 £2,945 100
    1997£226,255 £2,786 162
    1996£167,255 £2,102 85
    1995£161,324 £2,225 70
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£14,428,21917
    2023£38,254,961 £66,457 43
    2022£10,971,062 £44,302 57
    2021£19,170,054 £42,916 56
    2020£29,863,200 £17,190 64
    2019£11,583,615 £13,204 84
    2018£21,329,774 £110,690 112
    2017£6,435,236 £53,628 136
    2016£22,186,499 £694,152 94
    2015£12,652,055 £181,867 86
    2014£5,683,773 £22,206 58
    2013£17,175,825 £11,450 24
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,150,0002
    2023£2,533,333 £24,542 3
    2022£11,085,000 £24,250 4
    2021£3,138,9422
    2020£2,433,333 £11,667 3
    2019£4,575,0002
    2018£14,601,039 £20,029 6
    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£1,692,727 £9,734 11
    2006£1,534,722 £4,463 9
    2005£1,237,200 £7,209 10
    2004£1,005,000 £17,755 4
    2003£1,557,500 £18,671 17
    2002£938,550 £5,142 10
    2001£1,184,160 £3,738 15
    2000£1,331,047 £3,187 15
    1999£937,033 £2,688 9
    1998£529,500 £1,438 15
    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£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 2LZ area

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