Housing Market Analysis for PARK LANE, W1K 1PU

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

Overview of Sold House prices

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

Flat
- The average price is around £1,308,509 median price is £837,500 Standard Deviation is £1,235,334 with Total Sold: 44
- The Last 5 Year average price is £2,470,000 with Total Sold: 3
- The most recent sale happened at this postcode is FLAT 52A, 55 PARK LANE: £1,820,000 (Sold on 11 Jun 2021)
- The first recorded sale happened at this postcode is FLAT 52, 55 PARK LANE: £1,550,000 (Sold on 11 May 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average W1K 1PU 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£1,820,000		1
2020	£1,090,000		1
2019	£4,500,000		1
2018	£4,100,000		2
2016	£1,850,000	£27,912	1
2015	£3,700,000	£28,780	2
2013	£1,670,000		1
2012	£2,810,000	£27,519	1
2010	£900,000	£16,854	1
2009	£800,000	£16,667	1
2008	£1,300,000		1
2007	£959,000		1
2006	£695,000	£9,320	4
2005	£742,625	£10,644	4
2004	£1,077,500		2
2003	£920,000		2
2002	£823,317		6
2001	£799,167		12

All the Sales in the PARK LANE, W1K 1PU

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

Address	Sold Date	Price	% Change
FLAT 52A, 55 PARK LANEFlat, Leasehold	11 Jun 2021	£1,820,000	180.00%
FLAT 52A, 55 PARK LANEFlat, Leasehold	25 Jul 2001	£650,000	First Sale
FLAT 68, 55 PARK LANEFlat, Leasehold	29 Dec 2020	£1,090,000	-5.22%
	23 Mar 2015	£1,150,000	43.75%
	10 Jul 2009	£800,000	49.53%
	24 Sep 2001	£535,000	First Sale
FLAT 41, 55 PARK LANEFlat, Leasehold	27 Jun 2019	£4,500,000	185.71%
FLAT 41, 55 PARK LANEFlat, Leasehold	03 Mar 2004	£1,574,999	First Sale
FLAT 61, 55 PARK LANEFlat, Leasehold	12 Jun 2018	£5,000,000	First Sale
FLAT 78, 55 PARK LANEFlat, Leasehold	12 Jun 2018	£3,200,000	197.67%
FLAT 78, 55 PARK LANEFlat, Leasehold	20 Sep 2005	£1,075,000	First Sale
FLAT 65, 55 PARK LANEFlat, LeaseholdArea: 66.28 Sq.mtrAge: 1930-1949	13 Dec 2016	£1,850,000	216.24%
	20 Jun 2001	£585,000	First Sale
FLAT 70, 55 PARK LANEFlat, LeaseholdArea: 186 Sq.mtrAge: 1930-1949	10 Sep 2015	£6,250,000	First Sale
FLAT 64, 55 PARK LANEFlat, Leasehold	12 Nov 2013	£1,670,000	156.73%
	11 Jul 2005	£650,500	12.16%
	29 Jan 2004	£580,000	-0.85%
	08 Aug 2002	£585,000	First Sale
FLAT 46, 55 PARK LANEFlat, LeaseholdArea: 102.11 Sq.mtrAge: 1930-1949	16 May 2012	£2,810,000	116.15%
	27 Nov 2008	£1,300,000	48.57%
	12 Jan 2006	£875,000	First Sale
FLAT 66, 55 PARK LANEFlat, LeaseholdArea: 53.4 Sq.mtrAge: 1900-1929	04 Mar 2010	£900,000	62.16%
	27 Sep 2001	£555,000	First Sale
FLAT 76, 55 PARK LANEFlat, Leasehold	12 Oct 2007	£959,000	66.78%
FLAT 76, 55 PARK LANEFlat, Leasehold	29 Nov 2002	£575,000	First Sale
FLAT 57, 55 PARK LANEFlat, Leasehold	19 Dec 2006	£720,000	27.43%
FLAT 57, 55 PARK LANEFlat, Leasehold	24 Aug 2001	£565,000	First Sale
FLAT 53, 55 PARK LANEFlat, LeaseholdArea: 61 Sq.mtrAge: 1900-1929	08 Sep 2006	£565,000	18.95%
	25 May 2001	£475,000	First Sale
FLAT 77, 55 PARK LANEFlat, LeaseholdArea: 61.22 Sq.mtrAge: 1996-2002	26 Jun 2006	£620,000	24.01%
	20 Mar 2002	£499,950	First Sale
FLAT 56, 55 PARK LANEFlat, Leasehold	07 Oct 2005	£600,000	11.11%
	08 Dec 2003	£540,000	8.01%
	19 Apr 2002	£499,950	First Sale
FLAT 72A, 55 PARK LANEFlat, Leasehold	01 Feb 2005	£645,000	5.74%
FLAT 72A, 55 PARK LANEFlat, Leasehold	28 Sep 2001	£610,000	First Sale
FLAT 43, 55 PARK LANEFlat, Leasehold	14 Apr 2003	£1,299,999	First Sale
FLAT 62, 55 PARK LANEFlat, Leasehold	21 Oct 2002	£1,230,000	First Sale
FLAT 72, 55 PARK LANEFlat, Leasehold	30 Aug 2002	£1,550,000	First Sale
FLAT 45, 55 PARK LANEFlat, Leasehold	09 Nov 2001	£575,000	First Sale
FLAT 58, 55 PARK LANEFlat, Leasehold	24 Aug 2001	£975,000	First Sale
FLAT 50, 55 PARK LANEFlat, Leasehold	24 Aug 2001	£1,800,000	First Sale
FLAT 42, 55 PARK LANEFlat, Leasehold	29 Jun 2001	£715,000	First Sale
FLAT 52, 55 PARK LANEFlat, Leasehold	11 May 2001	£1,550,000	First Sale

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

PARK LANE, W1K 1PU Near By properties

Interactive Map

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

Flat
- The average price is around £2,121,453 median price is £786,621 Standard Deviation is £5,065,821 with Total Sold: 2,855
- The Last 5 Year average price is £7,164,835 with Total Sold: 448
- 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 £10,847,272 median price is £2,987,500 Standard Deviation is £34,812,431 with Total Sold: 322
- The Last 5 Year average price is £9,421,854 with Total Sold: 174
- 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 , 5 GREEN STREET: £66,600 (Sold on 22 Nov 2007)
Terraced
- The average price is around £3,849,891 median price is £1,700,000 Standard Deviation is £5,810,112 with Total Sold: 271
- The Last 5 Year average price is £9,724,071 with Total Sold: 35
- 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 £2,312,870 median price is £790,000 Standard Deviation is £3,502,266 with Total Sold: 23
- 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 , 51 GREEN STREET: £475,000 (Sold on 30 Oct 1996)
Detached
- The average price is around £4,075,469 median price is £1,100,000 Standard Deviation is £8,942,900 with Total Sold: 13
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£3,085,141	£20,204	25
2023	£4,595,324	£29,278	67
2022	£7,523,896	£31,796	103
2021	£6,275,573	£32,622	68
2020	£9,273,634	£36,233	110
2019	£8,040,410	£28,665	75
2018	£3,181,539	£25,225	61
2017	£4,146,952	£25,728	52
2016	£3,154,693	£24,077	81
2015	£2,920,778	£29,466	100
2014	£2,886,611	£22,560	54
2013	£2,794,548	£22,057	62
2012	£2,342,818	£20,086	37
2011	£1,675,345	£13,485	53
2010	£1,172,882	£14,192	75
2009	£1,283,750	£11,865	47
2008	£1,069,776	£10,967	66
2007	£1,073,276	£10,322	118
2006	£941,120	£7,970	139
2005	£834,052	£7,015	101
2004	£957,207	£7,519	142
2003	£785,893	£7,254	117
2002	£667,629	£5,811	148
2001	£613,530	£5,355	191
2000	£567,580	£4,425	168
1999	£516,884	£3,772	158
1998	£690,632	£3,904	128
1997	£446,761	£3,578	123
1996	£314,267	£3,146	81
1995	£330,083	£2,994	105

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£18,872,484	£31,690	5
2023	£12,305,323	£36,604	31
2022	£9,675,344	£42,478	40
2021	£8,072,717	£34,924	35
2020	£6,644,185	£10,622	26
2019	£8,682,908	£44,027	37
2018	£30,731,157	£22,257	27
2017	£5,074,199	£14,621	30
2016	£8,770,360	£22,969	30
2015	£11,151,069	£99,530	34
2014	£6,904,590		21
2013	£21,018,750	£11,450	4
2007	£66,600		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£13,450,000		3
2023	£7,643,636	£26,062	11
2022	£8,668,333	£26,429	6
2021	£8,100,000	£32,601	6
2020	£8,275,417	£22,329	6
2019	£21,883,333	£27,484	3
2018	£10,782,833	£31,115	6
2017	£6,430,000	£20,030	5
2016	£14,471,914	£26,509	7
2015	£7,237,797	£29,793	7
2014	£6,813,456	£23,299	16
2013	£6,793,750	£22,185	4
2012	£10,417,250	£19,979	4
2011	£6,225,000	£18,872	4
2010	£4,837,500	£14,237	6
2009	£3,525,000	£17,938	3
2008	£1,751,746	£6,229	7
2007	£2,080,120	£10,397	13
2006	£2,254,447	£12,595	8
2005	£1,259,322	£8,050	9
2004	£1,427,625	£4,382	2
2003	£1,300,642	£7,167	13
2002	£1,330,000	£5,084	13
2001	£1,415,909	£4,105	11
2000	£1,541,241	£4,147	27
1999	£999,894	£4,171	16
1998	£679,530	£1,677	28
1997	£517,940	£1,275	10
1996	£576,697	£1,963	10
1995	£416,671	£893	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£9,200,000	£26,513	1
2020	£7,250,000	£20,893	1
2019	£15,000,000	£18,916	1
2010	£1,225,000	£25,671	1
2009	£4,300,000	£19,310	1
2002	£490,000	£2,614	2
2001	£2,425,000		1
2000	£1,797,000	£5,130	3
1999	£550,000		1
1998	£700,000		2
1997	£671,429	£3,152	7
1996	£387,500		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£34,675,400		1
2014	£707,500		1
2005	£1,465,000		1
2002	£1,350,000	£6,100	3
2001	£1,500,000		1
2000	£799,100		2
1999	£1,100,000		1
1998	£3,552,500	£2,894	2
1996	£780,000	£2,364	1

House Type in W1K 1PU area

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

Total	82
Flat	55
Terraced	11
Shared house	5
Semi-detached	4
converted building	3
Detached	2
commercial building	2
temporary structure	0

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 agency	30
Owned: Owns outright	27
Owned: Owns with a mortgage or loan	12
Private rented: Other private rented	11
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

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

1 person in household	46
2 people in household	13
3 people in household	9
5 people in household	7
4 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0