Housing Market Analysis for BALFOUR MEWS, W1K 2BD

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £778,750 median price is £506,250 Standard Deviation is £561,730 with Total Sold: 6
    • The most recent sale happened at this postcode is FIRST AND SECOND FLOOR MAISONETTE, 5 BALFOUR MEWS: £300,000 (Sold on 13 Aug 2015)
    • The first recorded sale happened at this postcode is FIRST AND SECOND FLOOR PREMISES, 5 BALFOUR MEWS: £335,000 (Sold on 02 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average W1K 2BD 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£1,075,0002
2009£1,175,0001
1999£590,0001
1998£378,7502

All the Sales in the BALFOUR MEWS, W1K 2BD

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

AddressSold DatePrice% Change
FIRST AND SECOND FLOOR MAISONETTE, 5 BALFOUR MEWSFlat, Leasehold13 Aug 2015£300,000First Sale
FIRST AND SECOND FLOOR PREMISES, 5 BALFOUR MEWSFlat, Leasehold11 Aug 2015£1,850,00057.45%
09 Sep 2009£1,175,00099.15%
02 Sep 1999£590,00039.64%
29 Apr 1998£422,50026.12%
02 Mar 1998£335,000First Sale

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

BALFOUR MEWS, W1K 2BD Near By properties

Interactive Map

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

  • Flat
    • The average price is around £2,127,596 median price is £756,000 Standard Deviation is £5,112,126 with Total Sold: 3,339
    • The Last 5 Year average price is £6,989,991 with Total Sold: 508
    • 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 £12,514,221 median price is £3,000,000 Standard Deviation is £35,081,017 with Total Sold: 379
    • The Last 5 Year average price is £9,446,789 with Total Sold: 198
    • 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 £4,043,769 median price is £1,732,500 Standard Deviation is £6,868,813 with Total Sold: 290
    • 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£3,195,304 £14,812 29
2023£5,009,190 £29,855 72
2022£7,097,309 £30,716 111
2021£5,976,081 £29,632 86
2020£8,673,969 £34,525 119
2019£8,391,686 £30,060 91
2018£5,654,746 £32,054 91
2017£3,941,205 £24,966 66
2016£3,152,245 £23,231 104
2015£2,804,764 £28,025 111
2014£2,715,189 £21,852 61
2013£2,789,213 £21,366 75
2012£2,232,142 £18,882 44
2011£1,521,921 £12,539 63
2010£1,129,635 £13,938 90
2009£1,222,785 £11,800 57
2008£1,126,243 £11,115 74
2007£1,014,920 £10,159 142
2006£941,206 £7,758 156
2005£832,691 £6,872 116
2004£918,329 £7,555 160
2003£776,771 £7,571 140
2002£655,296 £5,856 166
2001£613,749 £5,282 212
2000£541,651 £4,442 201
1999£493,437 £3,793 185
1998£635,003 £3,860 155
1997£444,719 £3,479 144
1996£307,349 £3,044 95
1995£339,107 £3,219 123
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£18,872,484 £31,690 5
2023£11,249,593 £36,604 38
2022£10,102,812 £42,478 44
2021£8,265,908 £34,924 41
2020£8,363,752 £10,622 29
2019£7,869,332 £44,027 41
2018£27,705,325 £22,257 35
2017£12,871,893 £14,621 38
2016£10,343,565 £22,969 35
2015£18,931,825 £99,530 42
2014£6,914,05824
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£6,793,750 £22,185 4
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 2BD area

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