Housing Market Analysis for NEW CAVENDISH STREET, W1G 8TZ

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

Overview of Sold House prices

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

  • Other
    • The average price is around £45,000 median price is £45,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is GROUND FLOOR SHOP, 28 NEW CAVENDISH STREET: £45,000 (Sold on 23 Jul 2018)
    • The first recorded sale happened at this postcode is GROUND FLOOR SHOP, 28 NEW CAVENDISH STREET: £45,000 (Sold on 23 Jul 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average W1G 8TZ 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.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£45,0001

All the Sales in the NEW CAVENDISH STREET, W1G 8TZ

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

AddressSold DatePrice% Change
GROUND FLOOR SHOP, 28 NEW CAVENDISH STREETOther, Leasehold23 Jul 2018£45,000First Sale

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

NEW CAVENDISH STREET, W1G 8TZ Near By properties

Interactive Map

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

  • Flat
    • The average price is around £978,123 median price is £499,950 Standard Deviation is £1,516,610 with Total Sold: 6,746
    • The Last 5 Year average price is £2,327,504 with Total Sold: 840
    • 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 £2,166,087 median price is £1,238,500 Standard Deviation is £2,737,576 with Total Sold: 448
    • The Last 5 Year average price is £4,552,350 with Total Sold: 67
    • 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 £10,736,701 median price is £1,225,000 Standard Deviation is £35,114,477 with Total Sold: 476
    • The Last 5 Year average price is £8,075,093 with Total Sold: 195
    • 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 £3,085,891 median price is £1,150,000 Standard Deviation is £5,288,687 with Total Sold: 12
    • 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 , 147 MONTAGU MANSIONS: £220,000 (Sold on 15 Jul 1997)
  • Semi-Detached
    • The average price is around £1,329,652 median price is £625,000 Standard Deviation is £1,490,843 with Total Sold: 23
    • 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£2,224,467 £16,666 63
2023£1,929,811 £18,160 144
2022£2,427,032 £20,385 166
2021£2,316,442 £18,400 182
2020£2,927,151 £21,853 124
2019£2,171,569 £19,309 161
2018£2,489,146 £20,637 147
2017£2,926,150 £21,105 182
2016£2,205,550 £17,019 170
2015£1,465,546 £16,290 193
2014£1,446,089 £16,861 199
2013£1,415,336 £13,747 224
2012£1,283,799 £13,661 188
2011£1,087,007 £11,915 196
2010£931,115 £10,097 170
2009£844,314 £8,884 182
2008£779,839 £8,986 202
2007£737,953 £8,529 303
2006£599,233 £6,663 341
2005£547,671 £5,841 257
2004£520,084 £5,486 226
2003£508,472 £5,203 228
2002£451,966 £5,038 301
2001£398,047 £4,370 321
2000£349,510 £3,850 289
1999£295,626 £3,268 368
1998£265,560 £3,010 354
1997£246,963 £2,416 369
1996£205,501 £1,997 273
1995£185,400 £2,011 223
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,035,200 £30,000 5
2023£4,756,154 £21,808 13
2022£4,821,308 £24,306 13
2021£4,429,821 £21,287 14
2020£4,869,768 £22,884 13
2019£5,000,000 £20,822 9
2018£3,617,846 £19,311 13
2017£4,305,278 £18,988 9
2016£5,738,636 £20,471 11
2015£4,189,667 £19,167 15
2014£3,371,083 £18,769 12
2013£4,706,591 £21,119 17
2012£2,777,143 £17,661 7
2011£3,542,500 £18,312 5
2010£2,252,273 £11,823 13
2009£1,956,800 £11,753 11
2008£1,865,000 £12,233 5
2007£2,140,400 £11,143 10
2006£1,496,955 £8,991 14
2005£1,299,773 £7,964 12
2004£1,138,400 £6,453 17
2003£1,366,708 £11,814 33
2002£753,336 £6,023 22
2001£825,444 £4,684 33
2000£877,803 £4,738 31
1999£654,469 £3,637 18
1998£523,750 £2,420 21
1997£425,005 £2,395 21
1996£363,233 £2,433 15
1995£332,025 £1,819 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£6,575,440 £16,667 9
2023£9,061,288 £47,746 22
2022£5,449,680 £30,494 34
2021£16,102,265 £54,489 41
2020£8,498,507 £30,253 34
2019£3,303,356 £13,248 55
2018£6,751,765 £11,249 60
2017£19,976,072 £32,666 66
2016£10,066,295 £15,334 72
2015£18,776,731 £53,906 39
2014£8,058,215 £19,287 33
2013£8,842,800 £13,074 10
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
1999£437,000 £2,861 2
1997£220,000 £2,182 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£866,665 £6,360 3
2000£541,0002
1999£496,667 £4,096 3
1997£230,000 £2,771 1
1996£408,8754

House Type in W1G 8TZ area

The most common house types in the W1G 8TZ 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 8TZ 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