Housing Market Analysis for BALFOUR PLACE, W1K 2AR

Are you looking to understand W1K 2AR 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 2AR area, explore the W1K 2AR Area information page.
For comprehensive crime statistics in the W1K 2AR area, explore the W1K 2AR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the W1K 2AR postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £3,065,300 median price is £3,065,300 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 BALFOUR PLACE: £3,065,300 (Sold on 03 Jan 2014)
    • The first recorded sale happened at this postcode is 2 BALFOUR PLACE: £3,065,300 (Sold on 03 Jan 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average W1K 2AR 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£3,065,3001

All the Sales in the BALFOUR PLACE, W1K 2AR

See the table below for more details on the sold house prices in the W1K 2AR, Westminster postcode.

AddressSold DatePrice% Change
2 BALFOUR PLACETerraced, Freehold03 Jan 2014£3,065,300First Sale

Check out the sold house prices near the W1K 2AR postcode. Properties currently for saleProperties currently for rent

BALFOUR PLACE, W1K 2AR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the W1K 2AR 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 2AR postcode.

  • Flat
    • The average price is around £2,014,056 median price is £751,500 Standard Deviation is £4,857,739 with Total Sold: 3,279
    • The Last 5 Year average price is £6,729,760 with Total Sold: 497
    • 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 £12,070,343 median price is £2,937,500 Standard Deviation is £34,389,574 with Total Sold: 382
    • The Last 5 Year average price is £9,208,852 with Total Sold: 199
    • 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 £4,058,223 median price is £1,740,000 Standard Deviation is £6,861,418 with Total Sold: 291
    • The Last 5 Year average price is £9,491,343 with Total Sold: 39
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£3,011,376 £14,812 28
2023£4,535,630 £28,922 71
2022£7,123,557 £30,918 110
2021£5,912,563 £29,593 87
2020£8,602,061 £34,562 120
2019£7,507,540 £27,551 81
2018£3,229,766 £25,376 69
2017£3,694,992 £24,361 66
2016£3,193,005 £23,121 106
2015£2,828,071 £28,388 112
2014£2,696,898 £21,717 64
2013£2,790,934 £21,366 76
2012£2,181,574 £18,617 44
2011£1,558,656 £12,743 62
2010£1,145,847 £13,993 91
2009£1,295,245 £11,616 56
2008£1,131,541 £11,115 74
2007£1,027,069 £10,160 141
2006£947,905 £7,754 156
2005£828,027 £6,877 117
2004£901,434 £7,388 157
2003£789,717 £7,314 131
2002£657,432 £5,856 165
2001£627,625 £5,276 205
2000£535,454 £4,388 210
1999£498,338 £3,783 180
1998£635,785 £3,831 154
1997£436,570 £3,485 143
1996£311,610 £3,057 92
1995£331,115 £3,002 111
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£18,872,484 £31,690 5
2023£11,249,593 £36,604 38
2022£10,008,494 £42,478 44
2021£8,121,536 £34,924 42
2020£7,376,743 £10,622 28
2019£7,683,038 £44,027 42
2018£27,313,910 £22,257 34
2017£10,759,489 £14,621 40
2016£10,343,565 £22,969 35
2015£19,062,109 £99,530 42
2014£6,644,61625
2013£18,075,000 £11,450 5
2007£66,6002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£13,450,0003
2023£7,643,636 £26,062 11
2022£8,894,000 £29,183 8
2021£7,532,555 £32,601 7
2020£8,275,417 £22,329 6
2019£18,050,000 £27,484 4
2018£17,117,029 £30,701 8
2017£6,346,667 £23,045 6
2016£14,471,914 £26,509 7
2015£7,237,797 £29,793 7
2014£6,813,456 £23,299 16
2013£7,085,000 £22,185 5
2012£10,417,250 £19,979 4
2011£5,780,000 £18,872 5
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£2,072,286 £10,665 9
2005£1,259,322 £8,050 9
2004£1,427,625 £4,382 2
2003£1,300,642 £7,167 13
2002£1,257,700 £4,885 15
2001£1,327,083 £3,976 12
2000£1,741,016 £4,320 31
1999£1,071,959 £4,171 17
1998£642,895 £1,677 30
1997£517,940 £1,275 10
1996£576,697 £1,963 10
1995£416,671 £893 7
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
2010£1,225,000 £25,671 1
2009£4,300,000 £19,310 1
2002£490,000 £2,614 2
2001£2,425,0001
2000£1,797,000 £5,130 3
1999£550,0001
1998£700,0002
1997£671,429 £3,152 7
1996£387,5002
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
2001£1,500,0001
2000£799,1002
1999£1,100,0001
1998£3,552,500 £2,894 2
1996£780,000 £2,364 1

House Type in W1K 2AR area

The most common house types in the W1K 2AR 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 2AR 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