Housing Market Analysis for WELLS STREET, W1T 3PW

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

Overview of Sold House prices

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

Flat
- The average price is around £552,256 median price is £437,500 Standard Deviation is £338,403 with Total Sold: 92
- The Last 5 Year average price is £1,249,583 with Total Sold: 6
- The most recent sale happened at this postcode is FLAT 40, 48 WELLS STREET: £1,250,000 (Sold on 05 Jun 2023)
- The first recorded sale happened at this postcode is FLAT 36, 48 WELLS STREET: £1,415,000 (Sold on 05 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average W1T 3PW 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	£1,332,500	£11,557	2
2021	£1,162,500		1
2020	£1,030,000	£12,774	2
2018	£1,455,000	£20,208	1
2016	£1,400,000	£19,718	1
2014	£1,510,000	£16,413	1
2012	£1,385,000	£13,850	1
2011	£895,000	£6,418	1
2010	£646,250	£9,136	4
2009	£750,000	£7,265	1
2008	£699,000	£7,516	1
2007	£736,678	£6,895	3
2006	£553,000	£7,483	6
2005	£499,000	£5,544	1
2004	£546,667	£6,139	3
2003	£404,167	£5,359	3
2002	£483,750	£5,689	6
2001	£537,750	£5,220	8
2000	£367,711	£4,243	45
2024	£1,610,000		1

All the Sales in the WELLS STREET, W1T 3PW

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

Address	Sold Date	Price	% Change
FLAT 40, 48 WELLS STREETFlat, LeaseholdArea: 139.46 Sq.mtrAge: 1996-2002	05 Jun 2023	£1,250,000	39.66%
	18 Apr 2011	£895,000	40.28%
	14 Jun 2006	£638,000	51.90%
	04 Feb 2000	£420,000	First Sale
FLAT 42, 48 WELLS STREETFlat, Leasehold	30 Jun 2021	£1,162,500	384.38%
	28 Oct 2010	£240,000	-39.24%
	10 Oct 2000	£395,000	3.27%
	28 Feb 2000	£382,500	First Sale
FLAT 22, 48 WELLS STREETFlat, LeaseholdArea: 105 Sq.mtrAge: 1996-2002	04 Sep 2020	£760,000	293.78%
	09 Feb 2000	£193,000	First Sale
FLAT 49, 48 WELLS STREETFlat, LeaseholdArea: 71 Sq.mtrAge: 1996-2002	31 Jan 2020	£1,300,000	-7.14%
	19 Dec 2016	£1,400,000	225.58%
	23 Feb 2001	£430,000	6.83%
	28 Feb 2000	£402,500	First Sale
FLAT 39, 48 WELLS STREETFlat, LeaseholdArea: 72 Sq.mtrAge: 1996-2002	14 Jun 2018	£1,455,000	69.19%
	28 Nov 2007	£860,000	101.17%
	04 Feb 2000	£427,500	First Sale
FLAT 31, 48 WELLS STREETFlat, LeaseholdArea: 92 Sq.mtrAge: 1996-2002	25 Jun 2014	£1,510,000	247.13%
	29 Feb 2000	£435,000	-72.98%
	12 Jan 2024	£1,610,000	First Sale
FLAT 36, 48 WELLS STREETFlat, LeaseholdArea: 100 Sq.mtrAge: 1996-2002	02 Oct 2012	£1,385,000	197.21%
	25 May 2000	£466,000	9.01%
	25 Feb 2000	£427,500	-69.79%
	05 Dec 2023	£1,415,000	First Sale
FLAT 20, 48 WELLS STREETFlat, Leasehold	13 Aug 2010	£505,000	46.38%
	11 Sep 2006	£345,000	99.42%
	09 Feb 2000	£173,000	First Sale
FLAT 46, 48 WELLS STREETFlat, LeaseholdArea: 101 Sq.mtrAge: 1996-2002	12 May 2010	£925,000	49.19%
	30 Apr 2004	£620,000	38.55%
	15 Feb 2000	£447,500	First Sale
FLAT 24, 48 WELLS STREETFlat, LeaseholdArea: 100.4 Sq.mtrAge: 1991-1995	15 Jan 2010	£915,000	34.56%
	02 May 2006	£680,000	52.47%
	12 May 2000	£446,000	16.60%
	14 Feb 2000	£382,500	First Sale
FLAT 50, 48 WELLS STREETFlat, LeaseholdArea: 103.23 Sq.mtrAge: 2003-2006	30 Jul 2009	£750,000	66.67%
	25 Sep 2001	£450,000	3.45%
	29 Feb 2000	£435,000	First Sale
FLAT 35, 48 WELLS STREETFlat, LeaseholdArea: 93 Sq.mtrAge: 2003-2006	06 Oct 2008	£699,000	86.15%
	01 Mar 2000	£375,500	First Sale
FLAT 54, 48 WELLS STREETFlat, Leasehold	30 Mar 2007	£1,175,000	139.80%
FLAT 54, 48 WELLS STREETFlat, Leasehold	18 Apr 2000	£490,000	First Sale
FLAT 43, 48 WELLS STREETFlat, LeaseholdArea: 94.8 Sq.mtrAge: 1996-2002	09 Jan 2007	£175,035	-53.32%
	30 Aug 2000	£375,000	2.04%
	29 Feb 2000	£367,500	First Sale
FLAT 37, 48 WELLS STREETFlat, Leasehold	06 Jul 2006	£615,000	32.26%
	20 Dec 2002	£465,000	31.91%
	29 Feb 2000	£352,500	First Sale
FLAT 47, 48 WELLS STREETFlat, LeaseholdArea: 86 Sq.mtrAge: 1983-1990	05 Jun 2006	£675,000	56.07%
	28 Feb 2000	£432,500	First Sale
FLAT 26, 48 WELLS STREETFlat, LeaseholdArea: 34 Sq.mtrAge: 1996-2002	18 Apr 2006	£365,000	82.04%
	25 Feb 2000	£200,500	First Sale
FLAT 23, 48 WELLS STREETFlat, LeaseholdArea: 90 Sq.mtrAge: 2003-2006	05 Jan 2005	£499,000	-0.20%
	12 Apr 2002	£500,000	31.58%
	09 Feb 2000	£380,000	First Sale
FLAT 21, 48 WELLS STREETFlat, Leasehold	20 Apr 2004	£460,000	4.55%
	27 May 2002	£440,000	23.94%
	13 Dec 2000	£355,000	17.36%
	09 Feb 2000	£302,500	First Sale
FLAT 38, 48 WELLS STREETFlat, Leasehold	27 Feb 2004	£560,000	30.99%
FLAT 38, 48 WELLS STREETFlat, Leasehold	28 Feb 2000	£427,500	First Sale
FLAT 19, 48 WELLS STREETFlat, LeaseholdArea: 49 Sq.mtrAge: 1996-2002	09 Jun 2003	£292,500	71.55%
	09 Feb 2000	£170,500	First Sale
FLAT 16, 48 WELLS STREETFlat, LeaseholdArea: 63 Sq.mtrAge: 1996-2002	18 Mar 2003	£280,000	46.98%
	09 Feb 2000	£190,500	First Sale
FLAT 32, 48 WELLS STREETFlat, LeaseholdArea: 113 Sq.mtrAge: 1996-2002	07 Feb 2003	£640,000	29.29%
	03 Aug 2001	£495,000	20.00%
	25 Feb 2000	£412,500	First Sale
FLAT 45, 48 WELLS STREETFlat, Leasehold	10 Oct 2002	£590,000	25.53%
FLAT 45, 48 WELLS STREETFlat, Leasehold	15 Mar 2000	£470,000	First Sale
FLAT 48, 48 WELLS STREETFlat, LeaseholdArea: 79 Sq.mtrAge: 1996-2002	19 Jun 2002	£460,000	8.24%
	29 Feb 2000	£425,000	First Sale
FLAT 44, 48 WELLS STREETFlat, Leasehold	15 Apr 2002	£447,500	14.01%
FLAT 44, 48 WELLS STREETFlat, Leasehold	29 Feb 2000	£392,500	First Sale
FLAT 55, 48 WELLS STREETFlat, Leasehold	23 Nov 2001	£760,000	38.18%
FLAT 55, 48 WELLS STREETFlat, Leasehold	02 Mar 2000	£550,000	First Sale
FLAT 34, 48 WELLS STREETFlat, Leasehold	10 Aug 2001	£300,000	39.21%
FLAT 34, 48 WELLS STREETFlat, Leasehold	03 Mar 2000	£215,500	First Sale
FLAT 53, 48 WELLS STREETFlat, LeaseholdArea: 156 Sq.mtrAge: 2003-2006	16 Jul 2001	£1,000,000	16.96%
	26 Jul 2000	£855,000	First Sale
FLAT 27, 48 WELLS STREETFlat, Leasehold	24 Apr 2001	£495,000	11.24%
FLAT 27, 48 WELLS STREETFlat, Leasehold	31 Mar 2000	£445,000	First Sale
FLAT 41, 48 WELLS STREETFlat, LeaseholdArea: 76 Sq.mtrAge: 2003-2006	23 Mar 2001	£372,000	9.41%
	28 Feb 2000	£340,000	First Sale
FLAT 17, 48 WELLS STREETFlat, Leasehold	04 Sep 2000	£228,000	44.30%
FLAT 17, 48 WELLS STREETFlat, Leasehold	29 Feb 2000	£158,000	First Sale
FLAT 18, 48 WELLS STREETFlat, LeaseholdArea: 83 Sq.mtrAge: 2003-2006	05 May 2000	£325,000	10.17%
	15 Mar 2000	£295,000	First Sale
FLAT 33, 48 WELLS STREETFlat, LeaseholdArea: 82 Sq.mtrAge: 1996-2002	28 Feb 2000	£355,000	First Sale
FLAT 28, 48 WELLS STREETFlat, LeaseholdArea: 119.47 Sq.mtr	25 Feb 2000	£392,500	First Sale
FLAT 30, 48 WELLS STREETFlat, LeaseholdArea: 50.44 Sq.mtrAge: 2003-2006	25 Feb 2000	£200,500	First Sale
FLAT 29, 48 WELLS STREETFlat, LeaseholdArea: 74 Sq.mtrAge: 1996-2002	25 Feb 2000	£322,500	First Sale
FLAT 25, 48 WELLS STREETFlat, LeaseholdArea: 72 Sq.mtrAge: 1996-2002	09 Feb 2000	£312,500	First Sale

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

WELLS STREET, W1T 3PW Near By properties

Interactive Map

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

Flat
- The average price is around £846,554 median price is £460,000 Standard Deviation is £1,176,956 with Total Sold: 5,545
- The Last 5 Year average price is £1,731,407 with Total Sold: 669
- 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 £13,374,950 median price is £2,981,498 Standard Deviation is £30,066,567 with Total Sold: 660
- The Last 5 Year average price is £11,686,253 with Total Sold: 264
- 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 £1,562,481 median price is £922,300 Standard Deviation is £2,288,709 with Total Sold: 341
- The Last 5 Year average price is £3,311,750 with Total Sold: 44
- 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 £2,232,713 median price is £1,050,000 Standard Deviation is £4,771,431 with Total Sold: 15
- 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 £791,107 median price is £535,000 Standard Deviation is £565,284 with Total Sold: 37
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,006,041	£15,669	45
2023	£1,397,624	£15,031	121
2022	£1,715,915	£23,303	123
2021	£2,092,231	£17,445	147
2020	£1,556,221	£17,150	111
2019	£1,701,398	£15,230	122
2018	£1,684,206	£18,314	251
2017	£1,675,343	£16,047	160
2016	£1,729,705	£16,246	355
2015	£1,497,166	£21,982	185
2014	£1,136,745	£14,281	180
2013	£1,172,759	£16,808	235
2012	£1,109,403	£17,753	148
2011	£1,022,817	£10,678	179
2010	£674,478	£9,528	173
2009	£667,345	£8,137	133
2008	£634,874	£8,721	130
2007	£553,020	£8,129	167
2006	£482,970	£6,603	248
2005	£443,649	£5,826	164
2004	£390,197	£5,696	191
2003	£351,656	£5,323	165
2002	£339,984	£5,038	224
2001	£321,019	£4,274	217
2000	£288,495	£3,857	298
1999	£219,262	£3,236	262
1998	£176,887	£2,641	195
1997	£180,893	£2,553	336
1996	£142,195	£1,999	140
1995	£119,278	£1,730	140

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£5,564,515		17
2023	£7,391,335	£61,978	28
2022	£9,409,866	£31,030	52
2021	£16,368,508	£14,467	42
2020	£13,286,692	£21,976	54
2019	£12,525,985	£11,240	71
2018	£15,835,007	£75,746	83
2017	£17,293,808	£49,211	92
2016	£16,793,281	£7,166	82
2015	£12,851,981	£119,922	79
2014	£6,426,026	£26,643	42
2013	£10,213,353		17
2012	£1,085,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,500,000		1
2023	£2,262,500	£17,182	8
2022	£6,147,143	£17,162	7
2021	£3,393,308	£17,813	13
2020	£2,130,900	£16,869	10
2019	£3,333,000	£19,559	5
2018	£1,592,500	£14,347	4
2017	£2,278,750	£20,243	6
2016	£7,214,000	£21,263	5
2015	£5,201,017	£27,603	7
2014	£2,147,667	£10,510	12
2013	£1,871,500	£13,785	6
2012	£3,235,000	£12,687	9
2011	£2,193,333	£11,391	6
2010	£1,913,015	£9,411	10
2009	£1,433,867	£7,390	9
2008	£1,195,308	£8,041	13
2007	£1,575,533	£9,773	15
2006	£897,804	£6,560	17
2005	£1,024,196	£6,263	10
2004	£1,180,254	£9,358	13
2003	£1,232,600	£5,209	20
2002	£989,286	£9,069	14
2001	£757,116	£4,429	16
2000	£1,002,733	£2,773	17
1999	£592,812	£2,681	16
1998	£368,624	£2,170	23
1997	£416,191	£2,827	17
1996	£347,675	£6,046	20
1995	£298,667	£1,501	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£20,000,000		1
2019	£1,125,000	£12,363	1
2018	£1,500,000		1
2011	£1,020,000		1
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	£1,650,000		1
1996	£331,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£1,900,000	£16,239	1
2011	£1,650,000	£10,767	1
2009	£1,450,000		1
2008	£1,015,000	£7,049	1
2007	£1,050,000	£10,143	2
2006	£1,125,000		2
2005	£1,800,000		1
2004	£1,303,333	£6,660	3
2002	£1,070,000	£6,325	4
2001	£389,500	£6,512	2
2000	£646,000	£3,194	4
1999	£390,590	£4,365	5
1998	£605,000		2
1997	£215,000	£2,602	2
1996	£326,667	£2,185	6

House Type in W1T 3PW area

The most common house types in the W1T 3PW postcode area are Flat (81), commercial building (8), and Shared house (3).

Total	94
Flat	81
commercial building	8
Shared house	3
Detached	1
converted building	1
Semi-detached	0
Terraced	0
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 (57), and Owned: Owns with a mortgage or loan (13).

Private rented: Private landlord or letting agency	57
Owned: Owns with a mortgage or loan	13
Owned: Owns outright	11
Social rented: Other social rented	7
Private rented: Other private rented	5
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 W1T 3PW have 1 person in household (43), and 2 people in household (38).

1 person in household	43
2 people in household	38
3 people in household	11
5 people in household	1
7 people in household	1
0 people in household	0
4 people in household	0
6 people in household	0
8 or more people in household	0