Housing Market Analysis for WELLS STREET, W1T 3PS

Are you looking to understand W1T 3PS 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 W1T 3PS area, explore the W1T 3PS Area information page.
For comprehensive crime statistics in the W1T 3PS area, explore the W1T 3PS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the W1T 3PS postcode area, The average prices are as follows,

  • Flat
    • The average price is around £285,857 median price is £269,500 Standard Deviation is £167,935 with Total Sold: 7
    • The Last 5 Year average price is £502,500 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 4, 53 WELLS STREET: £520,000 (Sold on 20 Sep 2023)
    • The first recorded sale happened at this postcode is FLAT 4, 53 WELLS STREET: £89,500 (Sold on 24 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average W1T 3PS 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
2023£520,000 £9,455 1
2022£485,000 £9,604 1
2006£380,0001
2002£269,5001
1999£182,000 £3,309 1
1996£75,0001
1995£89,5001

All the Sales in the WELLS STREET, W1T 3PS

See the table below for more details on the sold house prices in the W1T 3PS, Westminster postcode.

AddressSold DatePrice% Change
FLAT 4, 53 WELLS STREETFlat, LeaseholdArea: 55 Sq.mtrAge: 1930-194920 Sep 2023£520,000185.71%
12 Aug 1999£182,000103.35%
24 Feb 1995£89,500First Sale
FLAT 1, 53 WELLS STREETFlat, LeaseholdArea: 50.5 Sq.mtrAge: before 190023 Mar 2022£485,000First Sale
FLAT 3, 53 WELLS STREETFlat, Leasehold03 Jul 2006£380,00041.00%
16 Dec 2002£269,500259.33%
26 Jul 1996£75,000First Sale

Check out the sold house prices near the W1T 3PS postcode. Properties currently for saleProperties currently for rent

WELLS STREET, W1T 3PS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the W1T 3PS 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 W1T 3PS postcode.

  • Flat
    • The average price is around £874,844 median price is £469,500 Standard Deviation is £1,212,864 with Total Sold: 5,144
    • The Last 5 Year average price is £1,800,035 with Total Sold: 614
    • The most recent sale happened at this postcode is SECOND FLOOR FLAT, 78 CLEVELAND STREET: £490,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 45, 105 HALLAM STREET: £51,200 (Sold on 05 Jan 1995)
  • Other
    • The average price is around £13,482,225 median price is £3,000,000 Standard Deviation is £29,888,046 with Total Sold: 684
    • The Last 5 Year average price is £12,123,758 with Total Sold: 271
    • The most recent sale happened at this postcode is , 01-Jul LIVONIA STREET: £12,750,000 (Sold on 04 Jul 2024)
    • The first recorded sale happened at this postcode is , 3 DEVONSHIRE STREET: £1,085,000 (Sold on 28 May 2012)
  • Terraced
    • The average price is around £1,661,129 median price is £1,000,000 Standard Deviation is £2,364,487 with Total Sold: 315
    • The Last 5 Year average price is £3,319,000 with Total Sold: 43
    • The most recent sale happened at this postcode is , 20 WELLS MEWS: £2,500,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is GROUND AND FIRST FLOOR PREMISES, 25 NEWMAN STREET: £577,500 (Sold on 04 Jan 1995)
  • Detached
    • The average price is around £2,211,981 median price is £1,087,500 Standard Deviation is £4,620,616 with Total Sold: 16
    • The Last 5 Year average price is £10,562,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 35 PORTLAND PLACE: £20,000,000 (Sold on 12 Jan 2023)
    • The first recorded sale happened at this postcode is , 49 TOTTENHAM STREET: £331,000 (Sold on 25 Oct 1996)
  • Semi-Detached
    • The average price is around £814,456 median price is £535,000 Standard Deviation is £569,859 with Total Sold: 35
    • The Last 5 Year average price is £1,900,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 15 COLVILLE PLACE: £1,900,000 (Sold on 18 Jun 2021)
    • The first recorded sale happened at this postcode is FLAT A-D, 124 GREAT PORTLAND STREET: £345,000 (Sold on 15 Apr 1996)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,090,288 £15,669 41
2023£1,383,159 £15,209 110
2022£1,802,457 £24,580 114
2021£2,180,788 £17,891 137
2020£1,649,140 £17,737 98
2019£1,767,615 £15,434 114
2018£1,702,794 £18,470 244
2017£1,766,194 £16,452 143
2016£1,741,883 £16,383 348
2015£1,549,104 £23,019 175
2014£1,163,447 £14,435 174
2013£1,221,149 £17,696 214
2012£1,156,683 £18,550 143
2011£1,043,281 £10,829 168
2010£680,532 £9,545 167
2009£663,268 £8,215 119
2008£638,384 £8,798 120
2007£572,715 £8,249 162
2006£483,578 £6,744 205
2005£444,670 £5,874 150
2004£386,707 £5,762 172
2003£371,396 £5,398 151
2002£344,562 £5,100 208
2001£326,258 £4,277 205
2000£286,858 £3,912 270
1999£222,461 £3,296 241
1998£180,748 £2,662 176
1997£185,868 £2,668 317
1996£145,537 £2,037 129
1995£121,747 £1,738 129
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£9,065,09219
2023£7,137,596 £61,978 29
2022£10,503,544 £31,030 50
2021£15,909,008 £14,467 43
2020£12,872,213 £21,976 56
2019£13,191,931 £11,240 74
2018£16,048,379 £88,379 86
2017£16,439,259 £44,655 98
2016£16,939,810 £7,166 84
2015£12,863,085 £119,922 81
2014£6,345,676 £26,643 44
2013£10,523,52619
2012£1,085,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,500,0001
2023£2,262,500 £17,182 8
2022£6,671,667 £17,162 6
2021£3,393,308 £17,813 13
2020£2,130,900 £16,869 10
2019£3,333,000 £19,559 5
2018£1,923,333 £16,351 3
2017£2,710,167 £26,451 9
2016£7,214,000 £21,263 5
2015£5,767,853 £25,615 6
2014£2,188,364 £8,567 11
2013£1,895,800 £13,520 5
2012£3,235,000 £12,687 9
2011£2,193,333 £11,391 6
2010£2,213,438 £11,093 8
2009£1,489,975 £7,069 8
2008£1,120,818 £8,118 11
2007£1,575,533 £9,773 15
2006£949,178 £6,844 15
2005£1,094,333 £6,531 9
2004£1,201,750 £10,680 12
2003£1,232,600 £5,209 20
2002£1,035,000 £10,404 13
2001£795,693 £5,057 15
2000£1,002,733 £2,773 17
1999£661,923 £2,750 13
1998£470,739 £1,603 14
1997£434,703 £2,972 16
1996£347,675 £6,046 20
1995£298,667 £1,501 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£20,000,0001
2019£1,125,000 £12,363 1
2018£1,500,0001
2011£1,020,0001
2008£1,901,0001
2004£680,000 £7,473 1
2003£1,180,000 £5,756 1
2001£858,924 £7,849 4
2000£856,333 £4,108 3
1999£1,650,0001
1996£331,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,900,000 £16,239 1
2011£1,650,000 £10,767 1
2009£1,450,0001
2007£1,050,000 £10,143 2
2006£1,125,0002
2005£1,800,0001
2004£1,303,333 £6,660 3
2002£1,070,000 £6,325 4
2001£389,500 £6,512 2
2000£768,5004
1999£390,590 £4,365 5
1998£605,0002
1997£215,000 £2,602 2
1996£344,000 £2,480 5

House Type in W1T 3PS area

The most common house types in the W1T 3PS postcode area are Flat (121), commercial building (14), and converted building (12).

Total156
Flat121
commercial building14
converted building12
Shared house8
Detached1
Semi-detached0
Terraced0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (97), and Social rented: Other social rented (29).

Private rented: Private landlord or letting agency97
Social rented: Other social rented29
Private rented: Other private rented15
Owned: Owns outright6
Owned: Owns with a mortgage or loan6
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the W1T 3PS have 1 person in household (87), and 2 people in household (45).

1 person in household87
2 people in household45
3 people in household16
4 people in household5
7 people in household3
5 people in household1
0 people in household0
6 people in household0
8 or more people in household0