Housing Market Analysis for PARK LANE, W1K 1PX

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

Overview of Sold House prices

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

Flat
- The average price is around £1,175,065 median price is £974,750 Standard Deviation is £813,043 with Total Sold: 30
- The most recent sale happened at this postcode is FLAT 112, 55 PARK LANE: £3,640,000 (Sold on 29 Sep 2017)
- The first recorded sale happened at this postcode is FLAT 83, 55 PARK LANE: £450,000 (Sold on 21 Sep 2001)
Other
- The average price is around £6,450,000 median price is £6,450,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 101, 55 PARK LANE: £6,450,000 (Sold on 06 Feb 2017)
- The first recorded sale happened at this postcode is FLAT 101, 55 PARK LANE: £6,450,000 (Sold on 06 Feb 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average W1K 1PX 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
2017	£3,320,000		2
2015	£2,250,000	£34,615	1
2013	£2,016,667	£24,657	3
2010	£1,024,750	£14,277	4
2008	£160,000		1
2006	£625,000		2
2005	£1,132,500	£8,791	2
2004	£556,333		3
2003	£1,417,250		4
2002	£621,990		5
2001	£696,667		3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£6,450,000	£34,677	1

All the Sales in the PARK LANE, W1K 1PX

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

Address	Sold Date	Price	% Change
FLAT 112, 55 PARK LANEFlat, Leasehold	29 Sep 2017	£3,640,000	First Sale
FLAT 98, 55 PARK LANEFlat, Leasehold	28 Jul 2017	£3,000,000	215.79%
FLAT 98, 55 PARK LANEFlat, Leasehold	15 Jul 2002	£950,000	First Sale
FLAT 101, 55 PARK LANEOther, LeaseholdArea: 186 Sq.mtrAge: before 1900	06 Feb 2017	£6,450,000	273.91%
	14 Dec 2005	£1,725,000	First Sale
FLAT 93, 55 PARK LANEFlat, LeaseholdArea: 65 Sq.mtrAge: before 1900	15 Jul 2015	£2,250,000	119.51%
	30 Jul 2010	£1,025,000	89.81%
	04 Mar 2005	£540,000	11.34%
	09 Apr 2002	£485,000	First Sale
FLAT 104, 55 PARK LANEFlat, LeaseholdArea: 68 Sq.mtrAge: before 1900	03 Dec 2013	£1,700,000	193.10%
	04 Jul 2002	£580,000	First Sale
FLAT 92A, 55 PARK LANEFlat, LeaseholdArea: 73 Sq.mtrAge: before 1900	30 Sep 2013	£1,860,000	190.62%
	02 Nov 2001	£640,000	First Sale
FLAT 86, 55 PARK LANEFlat, LeaseholdArea: 106 Sq.mtrAge: 1900-1929	10 Jul 2013	£2,490,000	1456.25%
	17 Oct 2008	£160,000	-82.70%
	10 Oct 2003	£925,000	First Sale
FLAT 113, 55 PARK LANEFlat, LeaseholdArea: 58.5 Sq.mtrAge: 1930-1949	02 Jul 2010	£1,075,000	First Sale
FLAT 97, 55 PARK LANEFlat, LeaseholdArea: 67.1 Sq.mtrAge: 1930-1949	08 Feb 2010	£999,500	90.38%
	13 Apr 2006	£525,000	5.01%
	19 Jun 2002	£499,950	First Sale
FLAT 96, 55 PARK LANEFlat, LeaseholdArea: 123.92 Sq.mtrAge: before 1900	08 Feb 2010	£999,500	73.83%
	19 Jan 2004	£575,000	First Sale
FLAT 82, 55 PARK LANEFlat, Leasehold	25 May 2006	£725,000	21.85%
FLAT 82, 55 PARK LANEFlat, Leasehold	31 May 2002	£595,000	First Sale
FLAT 83, 55 PARK LANEFlat, Leasehold	10 Nov 2004	£494,000	9.78%
FLAT 83, 55 PARK LANEFlat, Leasehold	21 Sep 2001	£450,000	First Sale
FLAT 105, 55 PARK LANEFlat, Leasehold	31 Mar 2004	£599,999	First Sale
FLAT 84, 55 PARK LANEFlat, Leasehold	08 Dec 2003	£1,330,000	First Sale
FLAT 81, 55 PARK LANEFlat, Leasehold	21 Jul 2003	£1,614,000	First Sale
FLAT 115, 55 PARK LANEFlat, Leasehold	04 Jul 2003	£1,799,999	First Sale
FLAT 118, 55 PARK LANEFlat, Leasehold	27 Sep 2001	£1,000,000	First Sale

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

PARK LANE, W1K 1PX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the W1K 1PX 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 1PX 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 1PX area

The most common house types in the W1K 1PX 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 1PX 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