MERCHANT SQUARE, W2 1AZ House Prices & Local Information

W2 1AZ is an up-and-coming urban area on Merchant Square, 0.3km from Lisson Grove in City of Westminster. Administratively it sits within Hyde Park ward and the Cities of London and Westminster constituency.

This is a well-established rental postcode — a diverse renting area with many ethnic minority families, mostly European-born. During the day, big city services, with accommodation and food. The community skews young professional (average age 33) — expect a mix of renters, sharers, and first-time buyers. 44% of homes are privately rented — a strong rental market with good supply for incoming tenants. The area has a notably diverse population — 100% of residents identify as non-white, reflecting the multicultural character of this part of Westminster.

Safety: Crime rates are high (219 per 1,000 residents) — commercial zones and transport hubs in the vicinity contribute to these figures. Property: Prices average £1.5M, up 53.4% year-on-year.

Census 2021 statistics for W2 1AZ are sourced from Output Area E00190397 (shared with 17 postcodes in this micro-neighbourhood). Property prices come from HM Land Registry.