Housing Market Analysis for MERCHANT SQUARE EAST, W2 1AP

Are you looking to understand W2 1AP 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 W2 1AP area, explore the W2 1AP Area information page.
For comprehensive crime statistics in the W2 1AP area, explore the W2 1AP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the W2 1AP postcode area, The average prices are as follows,

  • Flat
    • The average price is around £784,859 median price is £797,500 Standard Deviation is £252,507 with Total Sold: 32
    • The Last 5 Year average price is £1,180,000 with Total Sold: 1
    • The most recent sale happened at this postcode is APARTMENT 1004, 4 MERCHANT SQUARE EAST: £1,180,000 (Sold on 17 Nov 2020)
    • The first recorded sale happened at this postcode is APARTMENT 1101, 4 MERCHANT SQUARE EAST: £1,100,000 (Sold on 19 Nov 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average W2 1AP 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
2020£1,180,0001
2018£677,5002
2017£926,0002
2015£885,667 £15,476 3
2014£810,833 £12,634 3
2012£999,0001
2010£732,000 £11,326 20

All the Sales in the MERCHANT SQUARE EAST, W2 1AP

See the table below for more details on the sold house prices in the W2 1AP, Westminster postcode.

AddressSold DatePrice% Change
APARTMENT 1004, 4 MERCHANT SQUARE EASTFlat, Leasehold17 Nov 2020£1,180,000First Sale
APARTMENT 1205, 4 MERCHANT SQUARE EASTFlat, Leasehold21 Dec 2018£475,000First Sale
APARTMENT 1006, 4 MERCHANT SQUARE EASTFlat, Leasehold18 Oct 2018£880,000-3.30%
28 Aug 2015£910,00025.52%
15 Dec 2010£725,000First Sale
APARTMENT 1005, 4 MERCHANT SQUARE EASTFlat, Leasehold06 Dec 2017£990,000First Sale
APARTMENT 906, 4 MERCHANT SQUARE EASTFlat, Leasehold06 Oct 2017£862,000First Sale
APARTMENT 1306, 4 MERCHANT SQUARE EASTFlat, Leasehold16 Dec 2015£447,00016.10%
17 Dec 2010£385,000First Sale
APARTMENT 903, 4 MERCHANT SQUARE EASTFlat, LeaseholdArea: 84 Sq.mtrAge: 2003-200622 Jun 2015£1,300,000First Sale
APARTMENT 1105, 4 MERCHANT SQUARE EASTFlat, LeaseholdArea: 43 Sq.mtrAge: 2003-200614 Oct 2014£527,50031.88%
15 Dec 2010£400,000First Sale
APARTMENT 1304, 4 MERCHANT SQUARE EASTFlat, Leasehold26 Jun 2014£995,000First Sale
APARTMENT 1001, 4 MERCHANT SQUARE EASTFlat, LeaseholdArea: 70 Sq.mtrAge: 2007-201131 Jan 2014£910,00018.95%
16 Dec 2010£765,000First Sale
APARTMENT 1403, 4 MERCHANT SQUARE EASTFlat, Leasehold14 Sep 2012£999,000First Sale
APARTMENT 1303, 4 MERCHANT SQUARE EASTFlat, LeaseholdArea: 91 Sq.mtrAge: 2003-200620 Dec 2010£1,025,000First Sale
APARTMENT 1007, 4 MERCHANT SQUARE EASTFlat, LeaseholdArea: 51 Sq.mtrAge: 2007-201117 Dec 2010£655,000First Sale
APARTMENT 1202, 4 MERCHANT SQUARE EASTFlat, LeaseholdArea: 69 Sq.mtrAge: 2007-201115 Dec 2010£805,000First Sale
APARTMENT 1305, 4 MERCHANT SQUARE EASTFlat, LeaseholdArea: 39 Sq.mtrAge: 2003-200615 Dec 2010£410,000First Sale
APARTMENT 1003, 4 MERCHANT SQUARE EASTFlat, LeaseholdArea: 87 Sq.mtrAge: 2007-201115 Dec 2010£1,040,000First Sale
APARTMENT 1106, 4 MERCHANT SQUARE EASTFlat, Leasehold15 Dec 2010£340,000First Sale
APARTMENT 1206, 4 MERCHANT SQUARE EASTFlat, LeaseholdArea: 31 Sq.mtrAge: 2007 onwards15 Dec 2010£380,000First Sale
APARTMENT 901, 4 MERCHANT SQUARE EASTFlat, LeaseholdArea: 70 Sq.mtrAge: 2007 onwards14 Dec 2010£750,000First Sale
APARTMENT 905, 4 MERCHANT SQUARE EASTFlat, LeaseholdArea: 81 Sq.mtrAge: 2007-201103 Dec 2010£875,000First Sale
APARTMENT 1302, 4 MERCHANT SQUARE EASTFlat, Leasehold01 Dec 2010£785,000First Sale
APARTMENT 1103, 4 MERCHANT SQUARE EASTFlat, LeaseholdArea: 89 Sq.mtrAge: 2007-201101 Dec 2010£967,500First Sale
APARTMENT 1402, 4 MERCHANT SQUARE EASTFlat, LeaseholdArea: 64 Sq.mtrAge: 2007-201101 Dec 2010£777,500First Sale
APARTMENT 1203, 4 MERCHANT SQUARE EASTFlat, Leasehold25 Nov 2010£1,010,000First Sale
APARTMENT 907, 4 MERCHANT SQUARE EASTFlat, Leasehold24 Nov 2010£655,000First Sale
APARTMENT 1204, 4 MERCHANT SQUARE EASTFlat, LeaseholdArea: 66 Sq.mtrAge: 2007-201119 Nov 2010£790,000First Sale
APARTMENT 1101, 4 MERCHANT SQUARE EASTFlat, Leasehold19 Nov 2010£1,100,000First Sale

Check out the sold house prices near the W2 1AP postcode. Properties currently for saleProperties currently for rent

MERCHANT SQUARE EAST, W2 1AP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the W2 1AP 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 W2 1AP postcode.

  • Other
    • The average price is around £4,048,019 median price is £928,250 Standard Deviation is £11,506,926 with Total Sold: 278
    • The Last 5 Year average price is £4,055,464 with Total Sold: 133
    • The most recent sale happened at this postcode is , 13 ASHBRIDGE STREET: £1,150,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 160 - 162 EDGWARE ROAD: £121,550 (Sold on 09 Jun 2011)
  • Terraced
    • The average price is around £1,124,223 median price is £735,000 Standard Deviation is £1,251,986 with Total Sold: 652
    • The Last 5 Year average price is £2,318,216 with Total Sold: 81
    • The most recent sale happened at this postcode is , 15 PRAED MEWS: £905,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 92 SUSSEX GARDENS: £600,000 (Sold on 05 Jan 1995)
  • Flat
    • The average price is around £530,850 median price is £365,000 Standard Deviation is £540,838 with Total Sold: 10,302
    • The Last 5 Year average price is £1,055,648 with Total Sold: 1,445
    • The most recent sale happened at this postcode is FLAT 5, 5 TALBOT SQUARE: £975,000 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 25, 25 PORCHESTER PLACE: £115,000 (Sold on 03 Jan 1995)
  • Detached
    • The average price is around £887,882 median price is £697,500 Standard Deviation is £817,910 with Total Sold: 26
    • The Last 5 Year average price is £1,805,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 17 HARCOURT STREET: £1,500,000 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is , 248 MARYLEBONE ROAD: £1,663,419 (Sold on 02 May 1995)
  • Semi-Detached
    • The average price is around £637,155 median price is £410,000 Standard Deviation is £681,416 with Total Sold: 33
    • The Last 5 Year average price is £3,000,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 8 CAMBRIDGE SQUARE: £3,000,000 (Sold on 03 Dec 2021)
    • The first recorded sale happened at this postcode is , 12 HOGAN MEWS: £200,000 (Sold on 12 Jan 1995)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,216,0005
2023£1,319,068 £23,157 19
2022£3,932,632 £22,459 22
2021£5,872,156 £14,376 28
2020£7,559,899 £15,210 27
2019£1,505,591 £7,965 32
2018£7,085,023 £28,313 25
2017£3,814,030 £36,736 51
2016£1,475,136 £16,089 30
2015£2,860,157 £27,383 18
2014£8,720,250 £169,051 12
2013£1,728,750 £16,058 8
2011£121,5501
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,731,725 £10,476 8
2023£1,938,512 £12,938 16
2022£2,297,267 £14,617 15
2021£1,991,333 £15,341 12
2020£3,372,544 £14,186 17
2019£1,478,252 £10,975 13
2018£2,280,769 £14,815 13
2017£3,375,923 £15,319 13
2016£2,350,111 £12,521 18
2015£2,058,562 £18,261 16
2014£2,526,667 £14,615 15
2013£1,759,035 £16,516 16
2012£1,430,000 £11,852 18
2011£1,446,394 £10,416 20
2010£1,344,712 £8,125 17
2009£1,066,714 £8,955 14
2008£1,042,545 £10,928 11
2007£1,095,096 £7,153 23
2006£959,462 £5,208 37
2005£751,552 £5,227 25
2004£844,325 £6,059 33
2003£564,288 £5,963 26
2002£559,944 £5,585 27
2001£481,133 £3,646 30
2000£510,057 £4,002 43
1999£445,214 £2,787 35
1998£366,343 £2,929 35
1997£295,608 £2,710 42
1996£265,053 £1,769 19
1995£284,650 £1,619 25
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£777,313 £9,290 63
2023£1,101,305 £11,661 175
2022£1,030,754 £13,148 268
2021£1,175,280 £15,007 468
2020£1,052,659 £13,908 263
2019£868,220 £12,003 208
2018£898,154 £11,851 148
2017£936,852 £12,620 221
2016£1,029,416 £13,544 290
2015£965,812 £12,435 264
2014£914,812 £11,963 441
2013£723,641 £10,149 269
2012£546,394 £9,043 269
2011£584,679 £8,125 223
2010£612,846 £7,921 254
2009£530,575 £7,232 224
2008£532,376 £7,046 255
2007£475,549 £6,921 519
2006£395,430 £5,641 511
2005£365,625 £5,419 392
2004£349,282 £5,089 445
2003£388,992 £5,637 747
2002£313,852 £4,891 743
2001£256,648 £3,559 438
2000£224,674 £3,060 478
1999£198,996 £2,652 367
1998£173,749 £2,240 346
1997£153,048 £2,129 396
1996£139,153 £1,725 330
1995£116,118 £1,591 287
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,500,0001
2022£1,350,000 £12,808 1
2019£2,185,000 £15,217 2
2014£708,5001
2013£745,000 £14,057 1
2011£2,000,000 £11,414 1
2009£400,000 £11,567 1
2004£695,0001
2003£515,000 £4,886 1
2002£1,616,667 £5,280 3
2001£531,667 £3,005 3
1999£301,600 £5,488 5
1998£390,0001
1997£160,000 £3,902 1
1996£317,5002
1995£1,663,4191
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£3,000,000 £13,699 1
2010£885,000 £7,893 1
2007£935,000 £7,484 2
2006£2,950,000 £8,526 1
2004£900,000 £7,087 1
2003£498,050 £1,496 2
2002£494,000 £3,556 2
2001£555,000 £4,296 3
2000£522,500 £3,905 2
1999£405,000 £2,161 9
1998£400,000 £2,381 2
1997£301,400 £2,077 5
1995£387,500 £1,757 2

House Type in W2 1AP area

The most common house types in the W2 1AP postcode area are Flat (178), commercial building (1), and Detached (0).

Total179
Flat178
commercial building1
Detached0
Semi-detached0
Terraced0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (125), and Owned: Owns outright (29).

Private rented: Private landlord or letting agency125
Owned: Owns outright29
Private rented: Other private rented11
Owned: Owns with a mortgage or loan8
Social rented: Other social rented5
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the W2 1AP have 1 person in household (100), and 2 people in household (55).

1 person in household100
2 people in household55
3 people in household12
4 people in household10
5 people in household1
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0