Housing Market Analysis for PARK LANE, W1K 1PR

Are you looking to understand W1K 1PR 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 W1K 1PR area, explore the W1K 1PR Area information page.
For comprehensive crime statistics in the W1K 1PR area, explore the W1K 1PR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the W1K 1PR postcode area, The average prices are as follows,

  • Other
    • The average price is around £340,000 median price is £340,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 48 PARK LANE: £340,000 (Sold on 19 Apr 2017)
    • The first recorded sale happened at this postcode is 48 PARK LANE: £340,000 (Sold on 19 Apr 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average W1K 1PR 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
2017£340,0001

All the Sales in the PARK LANE, W1K 1PR

See the table below for more details on the sold house prices in the W1K 1PR, Westminster postcode.

AddressSold DatePrice% Change
48 PARK LANEOther, Leasehold19 Apr 2017£340,000First Sale

Check out the sold house prices near the W1K 1PR postcode. Properties currently for saleProperties currently for rent

PARK LANE, W1K 1PR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the W1K 1PR 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 W1K 1PR postcode.

  • Flat
    • The average price is around £2,164,253 median price is £800,000 Standard Deviation is £5,066,153 with Total Sold: 2,316
    • The Last 5 Year average price is £6,669,420 with Total Sold: 356
    • The most recent sale happened at this postcode is FLAT 18, SHEPHERDS HOUSE, 5 SHEPHERD STREET: £1,365,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 3, 113 MOUNT STREET: £235,000 (Sold on 04 Jan 1995)
  • Other
    • The average price is around £12,120,134 median price is £3,175,000 Standard Deviation is £38,301,800 with Total Sold: 264
    • The Last 5 Year average price is £10,779,385 with Total Sold: 139
    • The most recent sale happened at this postcode is , 33 UPPER BROOK STREET: £11,722,599 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is PARKING SPACE 478, THE MAYFAIR CAR PARK PARK LANE: £75,000 (Sold on 01 Oct 2013)
  • Terraced
    • The average price is around £3,755,805 median price is £1,725,000 Standard Deviation is £5,687,723 with Total Sold: 271
    • The Last 5 Year average price is £8,991,837 with Total Sold: 38
    • The most recent sale happened at this postcode is , 20 STANHOPE ROW: £2,150,000 (Sold on 20 May 2024)
    • The first recorded sale happened at this postcode is , 6 CHESTERFIELD HILL: £850,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £2,609,333 median price is £850,000 Standard Deviation is £3,638,308 with Total Sold: 21
    • The Last 5 Year average price is £10,483,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 2 ALDFORD STREET: £9,200,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 5B SHEPHERD STREET: £300,000 (Sold on 15 Nov 1996)
  • Detached
    • The average price is around £4,290,092 median price is £1,100,000 Standard Deviation is £9,275,843 with Total Sold: 12
    • The Last 5 Year average price is £34,675,400 with Total Sold: 1
    • The most recent sale happened at this postcode is , 41 REEVES MEWS: £34,675,400 (Sold on 18 Mar 2024)
    • The first recorded sale happened at this postcode is , 3 CHESTERFIELD HILL: £780,000 (Sold on 31 May 1996)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£3,457,900 £18,030 20
2023£5,055,051 £30,399 56
2022£8,283,432 £33,582 72
2021£4,948,257 £30,959 55
2020£9,046,418 £35,662 95
2019£5,070,720 £25,904 58
2018£6,218,763 £33,802 73
2017£4,654,917 £26,305 42
2016£3,382,824 £24,177 58
2015£2,985,457 £30,898 83
2014£2,799,940 £21,674 50
2013£2,704,851 £22,008 54
2012£2,454,529 £20,001 34
2011£1,685,969 £13,182 49
2010£1,337,117 £14,194 54
2009£1,353,256 £12,109 38
2008£1,079,779 £10,727 62
2007£996,931 £10,046 94
2006£967,235 £8,186 111
2005£851,169 £6,960 78
2004£998,293 £7,541 114
2003£769,506 £7,111 90
2002£688,799 £5,774 121
2001£610,263 £5,312 145
2000£591,447 £4,496 133
1999£480,481 £3,998 131
1998£466,010 £3,769 95
1997£425,420 £3,398 100
1996£322,729 £3,183 71
1995£352,895 £2,882 80
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£18,872,484 £31,690 5
2023£13,278,214 £36,868 28
2022£10,823,806 £50,559 22
2021£8,329,011 £33,552 28
2020£9,410,910 £10,622 25
2019£10,502,365 £44,027 31
2018£33,539,422 £24,026 20
2017£10,105,390 £14,621 26
2016£7,614,778 £22,969 24
2015£11,907,295 £55,409 31
2014£6,594,820 £94 20
2013£21,018,750 £11,450 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£13,450,0003
2023£7,423,110 £27,915 12
2022£7,102,000 £24,496 5
2021£7,256,250 £29,861 8
2020£8,275,417 £22,329 6
2019£17,262,500 £25,714 4
2018£10,782,833 £31,115 6
2017£5,600,000 £24,435 5
2016£12,971,200 £26,418 7
2015£7,237,797 £29,793 7
2014£6,391,581 £22,983 16
2013£5,532,000 £15,808 5
2012£7,208,167 £16,741 6
2011£3,966,667 £17,941 3
2010£5,204,167 £14,962 6
2009£3,525,000 £17,938 3
2008£1,458,889 £8,619 7
2007£2,190,468 £10,397 14
2006£2,140,797 £12,595 7
2005£1,198,390 £8,050 10
2004£2,057,562 £7,660 4
2003£1,410,854 £8,002 12
2002£1,445,000 £6,204 12
2001£1,497,917 £4,690 12
2000£1,408,614 £3,482 22
1999£1,089,879 £4,171 14
1998£664,879 £1,665 26
1997£1,013,127 £2,976 11
1996£754,190 £3,744 13
1995£458,340 £911 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£9,200,000 £26,513 1
2020£7,250,000 £20,893 1
2019£15,000,000 £18,916 1
2013£4,650,000 £31,387 1
2010£1,225,000 £25,671 1
2009£2,625,000 £14,222 2
2002£490,000 £2,614 2
2000£1,797,000 £5,130 3
1998£850,0001
1997£671,429 £3,152 7
1996£300,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£34,675,4001
2014£707,5001
2005£1,465,0001
2002£1,350,000 £6,100 3
2000£799,1002
1999£1,100,0001
1998£3,552,500 £2,894 2
1996£780,000 £2,364 1

House Type in W1K 1PR area

The most common house types in the W1K 1PR postcode area are Flat (55), Terraced (11), and Shared house (5).

Total82
Flat55
Terraced11
Shared house5
Semi-detached4
converted building3
Detached2
commercial building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (30), and Owned: Owns outright (27).

Private rented: Private landlord or letting agency30
Owned: Owns outright27
Owned: Owns with a mortgage or loan12
Private rented: Other private rented11
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the W1K 1PR have 1 person in household (46), and 2 people in household (13).

1 person in household46
2 people in household13
3 people in household9
5 people in household7
4 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0