Housing Market Analysis for PARK LANE, W1K 7AF

Are you looking to understand W1K 7AF 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 7AF area, explore the W1K 7AF Area information page.
For comprehensive crime statistics in the W1K 7AF area, explore the W1K 7AF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the W1K 7AF postcode area, The average prices are as follows,

Flat
- The average price is around £985,312 median price is £342,500 Standard Deviation is £1,926,630 with Total Sold: 42
- The Last 5 Year average price is £2,803,636 with Total Sold: 11
- The most recent sale happened at this postcode is 7, AVENFIELD HOUSE PARK LANE: £1,300,000 (Sold on 23 Jun 2023)
- The first recorded sale happened at this postcode is 6, AVENFIELD HOUSE PARK LANE: £3,500,000 (Sold on 04 Apr 2024)
Other
- The average price is around £4,371,231 median price is £1,150,000 Standard Deviation is £4,859,128 with Total Sold: 3
- The Last 5 Year average price is £725,000 with Total Sold: 1
- The most recent sale happened at this postcode is CAR BAY 5 (BASEMENT FLOOR), AVENFIELD HOUSE PARK LANE: £725,000 (Sold on 26 Feb 2021)
- The first recorded sale happened at this postcode is 6, AVENFIELD HOUSE PARK LANE: £1,150,000 (Sold on 05 Aug 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average W1K 7AF 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
2023	£5,600,000		3
2022	£1,323,333		3
2021	£725,000	£16,860	1
2020	£1,948,333		3
2017	£275,000		1
2010	£501,583		3
2007	£597,500	£11,124	2
2006	£381,633	£7,203	3
2002	£299,950	£6,976	1
2001	£324,333	£4,704	3
2000	£279,000	£6,083	3
1999	£227,500	£4,194	2
1998	£280,833	£4,427	3
1997	£472,250	£3,273	4
1996	£195,000		3
1995	£180,667	£2,864	3
2024	£3,500,000		1

House Type: Other

Year	Avg. Price	Sold
2021	£725,000	1
2015	£11,238,694	1
2014	£1,150,000	1

All the Sales in the PARK LANE, W1K 7AF

See the table below for more details on the sold house prices in the W1K 7AF, Westminster postcode.

Address	Sold Date	Price	% Change
7, AVENFIELD HOUSE PARK LANEFlat, Leasehold	23 Jun 2023	£1,300,000	205.88%
	21 Jul 2006	£425,000	41.67%
	01 Apr 1998	£300,000	-9.09%
	01 Apr 1998	£330,000	29.41%
	17 Dec 1996	£255,000	First Sale
6, AVENFIELD HOUSE PARK LANEFlat, Leasehold	15 Jun 2023	£3,500,000	204.35%
	05 Aug 2014	£1,150,000	-67.14%
	04 Apr 2024	£3,500,000	First Sale
18, AVENFIELD HOUSE PARK LANEFlat, Leasehold	11 May 2023	£12,000,000	First Sale
8, AVENFIELD HOUSE PARK LANEFlat, Leasehold	30 Nov 2022	£2,020,000	573.33%
	30 Jun 1997	£300,000	81.82%
	05 Jun 1996	£165,000	First Sale
12A, AVENFIELD HOUSE PARK LANEFlat, LeaseholdArea: 43 Sq.mtrAge: 1900-1929	26 Feb 2021	£725,000	141.71%
	19 Jul 2002	£299,950	First Sale
CAR BAY 5 (BASEMENT FLOOR), AVENFIELD HOUSE PARK LANEOther, Leasehold	26 Feb 2021	£725,000	First Sale
12, AVENFIELD HOUSE PARK LANEFlat, Leasehold	22 Dec 2020	£725,000	21.85%
	22 Oct 2010	£595,000	19.06%
	14 Apr 2010	£499,750	21.89%
	27 Jan 2010	£410,000	First Sale
11, AVENFIELD HOUSE PARK LANEFlat, Leasehold	16 Oct 2020	£1,720,000	525.45%
	01 Aug 2017	£275,000	38.89%
	06 Apr 2001	£198,000	-12.00%
	23 Dec 1999	£225,000	36.36%
	28 Feb 1996	£165,000	First Sale
1, AVENFIELD HOUSE PARK LANEFlat, Leasehold	24 Apr 2020	£3,400,000	1033.33%
1, AVENFIELD HOUSE PARK LANEFlat, Leasehold	24 Jan 2000	£300,000	First Sale
GROUND FLOOR SHOP AND STORAGE, AVENFIELD HOUSE PARK LANEOther, Leasehold	13 Nov 2015	£11,238,694	First Sale
9, AVENFIELD HOUSE PARK LANEFlat, LeaseholdArea: 52.59 Sq.mtrAge: 1950-1966	30 Mar 2007	£585,000	265.62%
	10 Oct 1995	£160,000	First Sale
10, AVENFIELD HOUSE PARK LANEFlat, LeaseholdArea: 54.84 Sq.mtrAge: 1950-1966	16 Feb 2007	£610,000	54.43%
	28 Sep 2006	£395,000	71.74%
	08 Feb 1999	£230,000	First Sale
AVENFIELD HOUSE PARK LANEFlat, Leasehold	31 Jan 2006	£324,900	First Sale
FLAT 2, AVENFIELD HOUSE, 118 - 127 PARK LANEFlat, LeaseholdArea: 89.28 Sq.mtrAge: 1930-1949	02 Jul 2001	£420,000	68.00%
	29 Sep 1995	£250,000	First Sale
4, AVENFIELD HOUSE PARK LANEFlat, Leasehold	07 Jun 2001	£355,000	44.90%
4, AVENFIELD HOUSE PARK LANEFlat, Leasehold	21 Jul 2000	£245,000	First Sale
15, AVENFIELD HOUSE PARK LANEFlat, LeaseholdArea: 48 Sq.mtrAge: before 1900	10 Aug 2000	£292,000	37.41%
	09 Feb 1998	£212,500	60.98%
	18 Jan 1995	£132,000	First Sale
5, AVENFIELD HOUSE PARK LANEFlat, Leasehold	12 May 1997	£205,000	First Sale
FLAT 25, AVENFIELD HOUSE PARK LANEFlat, LeaseholdArea: 0 Sq.mtr	04 Apr 1997	£1,240,000	First Sale
14, AVENFIELD HOUSE PARK LANEFlat, LeaseholdArea: 43.99 Sq.mtrAge: 1950-1966	27 Jan 1997	£144,000	First Sale
3, AVENFIELD HOUSE PARK LANEFlat, Leasehold	18 Aug 2022	£975,000	0.0
3, AVENFIELD HOUSE PARK LANEFlat, Leasehold	18 Jul 2022	£975,000	First Sale

Check out the sold house prices near the W1K 7AF postcode. Properties currently for saleProperties currently for rent

PARK LANE, W1K 7AF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the W1K 7AF 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 7AF postcode.

Flat
- The average price is around £1,514,047 median price is £540,000 Standard Deviation is £4,084,917 with Total Sold: 4,117
- The Last 5 Year average price is £5,659,256 with Total Sold: 551
- The most recent sale happened at this postcode is APARTMENT 9, 4 CONNAUGHT PLACE: £1,175,000 (Sold on 11 Sep 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 £9,082,708 median price is £1,540,000 Standard Deviation is £19,710,035 with Total Sold: 281
- The Last 5 Year average price is £6,140,092 with Total Sold: 143
- 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)
Semi-Detached
- The average price is around £1,692,015 median price is £800,000 Standard Deviation is £2,201,354 with Total Sold: 24
- The Last 5 Year average price is £6,951,286 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 £5,686,443 median price is £1,100,000 Standard Deviation is £11,841,229 with Total Sold: 7
- 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 , 43 PARK STREET: £1,100,000 (Sold on 27 Jul 1999)
Terraced
- The average price is around £3,158,720 median price is £1,305,000 Standard Deviation is £5,278,168 with Total Sold: 294
- The Last 5 Year average price is £7,973,818 with Total Sold: 44
- The most recent sale happened at this postcode is , 6 UPPER GROSVENOR STREET: £20,000,000 (Sold on 12 Jan 2024)
- The first recorded sale happened at this postcode is , 2 GREEN STREET: £500,000 (Sold on 02 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,384,146	£17,426	31
2023	£3,616,230	£24,989	86
2022	£6,498,672	£27,817	116
2021	£4,250,688	£22,981	95
2020	£8,030,235	£30,069	120
2019	£5,942,292	£23,515	103
2018	£2,394,605	£18,463	83
2017	£2,183,776	£16,039	84
2016	£2,717,571	£18,753	116
2015	£1,877,304	£19,834	112
2014	£1,899,777	£18,324	106
2013	£1,984,436	£16,334	117
2012	£1,555,710	£15,713	89
2011	£1,094,713	£13,357	89
2010	£951,357	£11,266	111
2009	£927,749	£9,663	92
2008	£971,269	£8,785	98
2007	£834,241	£8,289	169
2006	£736,885	£6,256	202
2005	£566,828	£5,617	155
2004	£600,134	£5,449	167
2003	£623,456	£5,870	169
2002	£530,990	£5,091	200
2001	£527,051	£4,210	250
2000	£414,281	£3,637	214
1999	£414,995	£3,477	233
1998	£476,303	£3,613	240
1997	£339,089	£2,743	185
1996	£229,595	£2,245	149
1995	£249,761	£2,721	136

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£17,184,744	£43,847	6
2023	£6,258,065	£29,842	26
2022	£7,198,269	£43,932	39
2021	£5,966,216	£28,005	31
2020	£2,697,310	£15,968	17
2019	£4,194,815	£5,884	24
2018	£8,824,138	£12,397	26
2017	£12,143,962	£27,213	35
2016	£7,796,181	£21,451	26
2015	£25,058,521	£41,444	25
2014	£6,453,486	£23,333	20
2013	£15,343,750	£11,450	4
2007	£66,600		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£9,200,000	£26,513	1
2020	£5,826,930	£20,893	2
2009	£1,550,000		1
2007	£420,000	£6,774	1
2005	£693,750	£7,576	2
2002	£1,650,000	£4,744	2
2001	£1,887,500		2
2000	£1,218,000	£3,894	4
1999	£475,000	£3,604	2
1998	£472,500		4
1997	£567,500		2
1996	£475,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£34,675,400		1
2014	£707,500		1
2004	£224,000	£5,311	1
2001	£1,500,000		1
2000	£799,100		2
1999	£1,100,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£20,000,000		1
2023	£9,414,286	£19,960	7
2022	£13,137,000	£29,830	7
2021	£4,450,615	£19,133	13
2020	£5,962,500	£18,989	9
2019	£8,781,214	£17,512	7
2018	£5,616,667	£34,802	3
2017	£3,400,833	£20,706	6
2016	£11,071,813	£22,744	8
2015	£6,652,797	£26,909	7
2014	£6,147,108	£23,629	12
2013	£4,841,667	£29,742	6
2012	£7,353,000	£19,280	5
2011	£6,276,667	£18,705	3
2010	£2,569,000	£12,437	5
2009	£3,593,750	£15,148	4
2008	£2,258,153	£9,631	8
2007	£1,974,056	£11,199	10
2006	£1,758,922	£6,604	13
2005	£1,221,175	£6,663	8
2004	£1,109,286	£5,791	7
2003	£1,017,630	£6,545	15
2002	£1,521,429	£4,386	14
2001	£1,008,786	£3,746	14
2000	£1,697,769	£3,288	24
1999	£754,368	£3,197	19
1998	£1,029,373	£2,573	17
1997	£432,775	£2,000	16
1996	£440,714	£1,760	14
1995	£434,958	£2,487	12

House Type in W1K 7AF area

The most common house types in the W1K 7AF postcode area are Flat (69), Semi-detached (14), and Terraced (4).

Total	94
Flat	69
Semi-detached	14
Terraced	4
commercial building	3
Shared house	2
converted building	2
Detached	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (30), and Social rented: Other social rented (24).

Owned: Owns outright	30
Social rented: Other social rented	24
Private rented: Private landlord or letting agency	17
Private rented: Other private rented	12
Owned: Owns with a mortgage or loan	10
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the W1K 7AF have 1 person in household (38), and 2 people in household (18).

1 person in household	38
2 people in household	18
4 people in household	11
6 people in household	11
3 people in household	10
5 people in household	6
0 people in household	0
7 people in household	0
8 or more people in household	0