Housing Market Analysis for W1G 8EL

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    W1G 8EL Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £997,975 median price is £499,400 Standard Deviation is £1,576,904 with Total Sold: 6,108
      • The Last 5 Year average price is £2,365,824 with Total Sold: 782
      • The most recent sale happened at this postcode is FLAT 35, CHILTERN PLACE, 66 CHILTERN STREET: £9,750,000 (Sold on 11 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 £2,225,240 median price is £1,319,500 Standard Deviation is £2,734,311 with Total Sold: 432
      • The Last 5 Year average price is £4,647,704 with Total Sold: 63
      • 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 £11,935,899 median price is £1,500,000 Standard Deviation is £35,246,750 with Total Sold: 533
      • The Last 5 Year average price is £10,837,340 with Total Sold: 208
      • 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 £1,471,350 median price is £788,750 Standard Deviation is £1,547,826 with Total Sold: 20
      • 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£2,191,535 £15,327 55
    2023£1,943,813 £18,206 125
    2022£2,483,515 £20,947 153
    2021£2,298,372 £18,677 181
    2020£2,966,099 £22,032 118
    2019£2,270,535 £19,704 150
    2018£2,569,944 £21,188 135
    2017£2,958,774 £21,075 173
    2016£2,254,513 £17,169 155
    2015£1,455,395 £16,227 180
    2014£1,440,891 £16,866 183
    2013£1,404,576 £13,816 213
    2012£1,272,342 £13,776 173
    2011£1,078,527 £12,015 180
    2010£881,938 £10,028 152
    2009£828,513 £8,856 174
    2008£768,814 £8,974 186
    2007£714,386 £8,638 275
    2006£614,148 £6,707 311
    2005£556,989 £5,983 215
    2004£517,630 £5,490 200
    2003£517,099 £5,644 202
    2002£449,790 £5,160 262
    2001£392,554 £4,373 289
    2000£346,741 £3,897 257
    1999£289,487 £3,274 326
    1998£263,541 £3,011 324
    1997£241,211 £2,356 313
    1996£201,382 £1,997 240
    1995£181,815 £2,007 208
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,725,3333
    2023£5,041,667 £21,768 12
    2022£5,114,750 £25,287 12
    2021£4,409,692 £21,287 15
    2020£5,125,582 £23,466 12
    2019£3,900,000 £20,668 9
    2018£3,833,917 £19,798 12
    2017£4,238,864 £19,844 11
    2016£5,580,909 £20,720 11
    2015£4,352,667 £19,292 15
    2014£3,371,083 £18,769 12
    2013£5,211,670 £22,639 15
    2012£2,440,556 £17,428 9
    2011£3,542,500 £18,312 5
    2010£2,197,784 £12,006 16
    2009£2,232,200 £12,357 9
    2008£1,980,000 £11,403 5
    2007£1,821,583 £10,969 12
    2006£1,403,824 £8,294 15
    2005£1,311,091 £7,966 11
    2004£1,195,914 £6,880 14
    2003£1,451,388 £12,581 28
    2002£807,614 £5,961 21
    2001£845,239 £4,700 31
    2000£877,803 £4,738 31
    1999£674,531 £3,685 16
    1998£527,592 £2,021 19
    1997£460,355 £2,395 20
    1996£352,900 £2,433 15
    1995£332,025 £1,819 16
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£7,140,39610
    2023£9,747,413 £47,746 25
    2022£6,995,875 £30,494 39
    2021£17,200,415 £47,679 47
    2020£9,888,489 £45,840 29
    2019£9,845,734 £13,248 58
    2018£8,929,772 £11,249 73
    2017£18,982,148 £32,666 72
    2016£10,205,446 £15,334 78
    2015£16,745,110 £53,906 52
    2014£7,526,277 £19,287 36
    2013£11,559,84613
    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
    2018£5,900,0001
    2014£2,025,0001
    2008£1,950,000 £8,478 1
    2006£384,5001
    2002£1,857,000 £5,489 5
    2001£1,050,000 £6,696 2
    2000£907,0001
    1999£470,000 £3,382 2
    1997£300,000 £2,602 1
    1996£408,8754

    House Type in W1G 8EL area

    The most common house types in the W1G 8EL postcode area are Flat (84), Shared house (16), and commercial building (8).

    Total121
    Flat84
    Shared house16
    commercial building8
    Terraced7
    converted building6
    Detached0
    Semi-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 (73), and Owned: Owns outright (21).

    Private rented: Private landlord or letting agency73
    Owned: Owns outright21
    Owned: Owns with a mortgage or loan11
    Private rented: Other private rented8
    Social rented: Other social rented5
    Shared ownership: Shared ownership1
    Social rented: Rents from council or Local Authority1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the W1G 8EL have 1 person in household (57), and 2 people in household (41).

    1 person in household57
    2 people in household41
    3 people in household10
    4 people in household8
    5 people in household3
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0