Housing Market Analysis for W1G 8BT

Are you looking to understand W1G 8BT 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 W1G 8BT area, explore the W1G 8BT Area information page.
For comprehensive crime statistics in the W1G 8BT area, explore the W1G 8BT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the W1G 8BT postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average W1G 8BT 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 W1G 8BT

    See the table below for more details on the sold house prices in the W1G 8BT, Westminster postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the W1G 8BT postcode. Properties currently for saleProperties currently for rent

    W1G 8BT Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the W1G 8BT 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 W1G 8BT postcode.

    • Flat
      • The average price is around £918,410 median price is £460,000 Standard Deviation is £1,438,173 with Total Sold: 6,387
      • The Last 5 Year average price is £2,304,766 with Total Sold: 815
      • 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 FLAT 45, 105 HALLAM STREET: £51,200 (Sold on 05 Jan 1995)
    • Terraced
      • The average price is around £2,225,273 median price is £1,325,000 Standard Deviation is £2,746,876 with Total Sold: 425
      • The Last 5 Year average price is £4,688,093 with Total Sold: 64
      • 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 , 2 DORSET STREET: £500,000 (Sold on 06 Jan 1995)
    • Other
      • The average price is around £10,237,515 median price is £1,850,000 Standard Deviation is £21,991,782 with Total Sold: 545
      • The Last 5 Year average price is £10,249,835 with Total Sold: 222
      • The most recent sale happened at this postcode is , 94 - 96 WIGMORE STREET: £21,600,000 (Sold on 27 Jun 2024)
      • The first recorded sale happened at this postcode is , 3 DEVONSHIRE STREET: £1,085,000 (Sold on 28 May 2012)
    • Detached
      • The average price is around £3,992,966 median price is £1,450,000 Standard Deviation is £5,830,666 with Total Sold: 9
      • 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)
    • Semi-Detached
      • The average price is around £1,273,000 median price is £750,000 Standard Deviation is £1,305,438 with Total Sold: 15
      • 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)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,106,244 £16,544 59
    2023£1,877,453 £17,283 129
    2022£2,416,008 £20,715 164
    2021£2,353,962 £18,941 174
    2020£2,815,594 £20,872 140
    2019£2,093,465 £17,396 149
    2018£2,086,298 £18,768 117
    2017£2,015,232 £16,529 153
    2016£2,019,414 £16,938 212
    2015£1,506,138 £15,794 171
    2014£1,344,846 £15,415 216
    2013£1,332,191 £13,627 236
    2012£1,240,486 £12,936 172
    2011£993,093 £10,903 184
    2010£815,328 £9,787 181
    2009£746,557 £8,754 169
    2008£758,855 £8,969 183
    2007£689,415 £8,636 279
    2006£586,050 £6,837 334
    2005£519,263 £6,020 207
    2004£465,709 £5,629 225
    2003£444,933 £5,357 219
    2002£414,402 £5,061 289
    2001£370,223 £4,314 279
    2000£322,686 £3,963 314
    1999£269,202 £3,339 372
    1998£233,987 £3,001 325
    1997£220,695 £2,327 294
    1996£177,514 £1,960 233
    1995£150,018 £1,915 208
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,725,3333
    2023£4,748,077 £23,143 13
    2022£5,659,167 £25,287 12
    2021£4,444,286 £22,034 14
    2020£4,992,845 £23,466 13
    2019£3,900,000 £20,668 9
    2018£3,955,182 £20,559 11
    2017£3,879,750 £18,334 10
    2016£5,804,000 £20,720 10
    2015£4,372,667 £19,648 15
    2014£3,242,538 £18,725 13
    2013£5,072,128 £21,012 16
    2012£2,440,556 £17,428 9
    2011£3,542,500 £18,312 5
    2010£2,034,581 £11,674 13
    2009£2,252,756 £11,897 9
    2008£1,550,000 £8,657 4
    2007£1,821,583 £10,969 12
    2006£1,366,610 £8,475 17
    2005£1,257,250 £7,966 12
    2004£1,133,292 £8,603 13
    2003£1,477,457 £13,001 27
    2002£899,406 £6,079 17
    2001£845,956 £4,653 26
    2000£879,331 £3,793 31
    1999£691,125 £3,362 20
    1998£484,206 £2,110 23
    1997£479,742 £2,357 19
    1996£381,533 £4,382 15
    1995£336,850 £2,006 14
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£6,896,18412
    2023£15,696,418 £47,746 27
    2022£5,993,159 £30,915 48
    2021£13,210,646 £45,717 38
    2020£9,956,704 £20,779 29
    2019£10,154,195 £13,248 68
    2018£10,974,048 £14,519 74
    2017£9,753,316 £30,302 71
    2016£11,585,325 £10,835 65
    2015£9,319,430 £138,525 60
    2014£6,934,120 £19,287 37
    2013£15,303,86715
    2012£1,085,0001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£20,000,0001
    2019£1,125,000 £12,363 1
    2015£4,250,000 £25,758 1
    2011£4,071,0001
    2010£3,100,0001
    2007£1,450,0001
    2004£680,000 £7,473 1
    2001£85,6961
    2000£1,175,000 £4,108 1
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2019£4,000,000 £19,231 1
    2008£1,950,000 £8,478 1
    2006£384,5001
    2002£2,210,000 £5,485 4
    2001£750,000 £6,696 1
    1999£390,000 £3,382 1
    1998£845,0001
    1997£300,000 £2,602 1
    1996£408,8754

    House Type in W1G 8BT area

    The most common house types in the W1G 8BT postcode area are Flat (52), commercial building (22), and Shared house (19).

    Total117
    Flat52
    commercial building22
    Shared house19
    Terraced15
    Semi-detached6
    converted building3
    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 (88), and Owned: Owns outright (12).

    Private rented: Private landlord or letting agency88
    Owned: Owns outright12
    Owned: Owns with a mortgage or loan10
    Social rented: Other social rented6
    Private rented: Other private rented2
    Shared ownership: Shared ownership1
    Does not apply0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the W1G 8BT have 1 person in household (53), and 2 people in household (36).

    1 person in household53
    2 people in household36
    4 people in household14
    3 people in household10
    5 people in household4
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0