Housing Market Analysis for MERCHANT SQUARE, W2 1AZ

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £1,186,107 median price is £1,240,000 Standard Deviation is £464,122 with Total Sold: 82
    • The Last 5 Year average price is £1,463,333 with Total Sold: 6
    • The most recent sale happened at this postcode is APARTMENT 610, 3 MERCHANT SQUARE: £865,000 (Sold on 25 Jan 2023)
    • The first recorded sale happened at this postcode is APARTMENT 406, 3 MERCHANT SQUARE: £590,000 (Sold on 27 Aug 2014)
  • Other
    • The average price is around £1,690,000 median price is £1,690,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is APARTMENT 401, 3 MERCHANT SQUARE: £1,690,000 (Sold on 01 Aug 2018)
    • The first recorded sale happened at this postcode is APARTMENT 401, 3 MERCHANT SQUARE: £1,690,000 (Sold on 01 Aug 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average W2 1AZ 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£1,197,500 £16,724 2
2022£785,000 £15,096 1
2021£1,700,000 £17,000 1
2020£1,870,000 £17,315 1
2019£2,030,000 £16,371 1
2018£900,000 £17,308 1
2017£1,933,750 £17,260 4
2016£1,356,667 £17,217 3
2015£1,412,500 £14,784 4
2014£1,095,715 £13,043 64
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£1,690,000 £18,571 1

All the Sales in the MERCHANT SQUARE, W2 1AZ

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

AddressSold DatePrice% Change
APARTMENT 610, 3 MERCHANT SQUAREFlat, LeaseholdArea: 52 Sq.mtr25 Jan 2023£865,00037.30%
15 Sep 2014£630,000First Sale
APARTMENT 701, 3 MERCHANT SQUAREFlat, LeaseholdArea: 91 Sq.mtr06 Jan 2023£1,530,000First Sale
APARTMENT 410, 3 MERCHANT SQUAREFlat, LeaseholdArea: 52 Sq.mtr17 Nov 2022£785,000First Sale
APARTMENT 803, 3 MERCHANT SQUAREFlat, LeaseholdArea: 100 Sq.mtr09 Dec 2021£1,700,00023.86%
17 Sep 2014£1,372,500First Sale
APARTMENT 502, 3 MERCHANT SQUAREFlat, LeaseholdArea: 108 Sq.mtr26 Nov 2020£1,870,000First Sale
APARTMENT 808, 3 MERCHANT SQUAREFlat, LeaseholdArea: 124 Sq.mtr19 Sep 2019£2,030,00038.10%
19 Sep 2014£1,470,000First Sale
APARTMENT 401, 3 MERCHANT SQUAREOther, LeaseholdArea: 91 Sq.mtr01 Aug 2018£1,690,000First Sale
APARTMENT 710, 3 MERCHANT SQUAREFlat, LeaseholdArea: 52 Sq.mtr02 Feb 2018£900,00041.07%
29 Aug 2014£638,000First Sale
APARTMENT 709, 3 MERCHANT SQUAREFlat, LeaseholdArea: 85 Sq.mtr20 Nov 2017£1,550,000First Sale
APARTMENT 602, 3 MERCHANT SQUAREFlat, LeaseholdArea: 117 Sq.mtr11 Oct 2017£1,920,0006.67%
05 Jan 2015£1,800,000First Sale
APARTMENT 208, 3 MERCHANT SQUAREFlat, LeaseholdArea: 124 Sq.mtr15 Jun 2017£2,090,00037.73%
16 Sep 2014£1,517,500First Sale
APARTMENT 908, 3 MERCHANT SQUAREFlat, LeaseholdArea: 124 Sq.mtr18 Apr 2017£2,175,000First Sale
APARTMENT 909, 3 MERCHANT SQUAREFlat, LeaseholdArea: 127 Sq.mtr21 Dec 2016£2,450,00032.08%
17 Sep 2014£1,855,000First Sale
APARTMENT 807, 3 MERCHANT SQUAREFlat, LeaseholdArea: 47 Sq.mtrAge: 2012 onwards05 Jul 2016£745,00028.45%
19 Sep 2014£580,000First Sale
APARTMENT 806, 3 MERCHANT SQUAREFlat, LeaseholdArea: 53 Sq.mtr12 Feb 2016£875,00041.13%
15 Sep 2014£620,000First Sale
APARTMENT 305, 3 MERCHANT SQUAREFlat, LeaseholdArea: 88 Sq.mtr02 Apr 2015£1,300,00027.45%
15 Sep 2014£1,020,000First Sale
APARTMENT 204, 3 MERCHANT SQUAREFlat, LeaseholdArea: 88 Sq.mtr25 Mar 2015£1,275,00034.92%
27 Aug 2014£945,000First Sale
APARTMENT 604, 3 MERCHANT SQUAREFlat, LeaseholdArea: 88 Sq.mtr23 Feb 2015£1,275,000First Sale
APARTMENT 402, 3 MERCHANT SQUAREFlat, LeaseholdArea: 117 Sq.mtr29 Sep 2014£1,464,482First Sale
APARTMENT 506, 3 MERCHANT SQUAREFlat, LeaseholdArea: 53 Sq.mtr29 Sep 2014£735,00024.58%
19 Sep 2014£590,000First Sale
APARTMENT 804, 3 MERCHANT SQUAREFlat, LeaseholdArea: 88 Sq.mtr26 Sep 2014£945,000First Sale
APARTMENT 809, 3 MERCHANT SQUAREFlat, LeaseholdArea: 85 Sq.mtr23 Sep 2014£1,240,000First Sale
APARTMENT 902, 3 MERCHANT SQUAREFlat, LeaseholdArea: 117 Sq.mtr23 Sep 2014£1,515,000First Sale
APARTMENT 703, 3 MERCHANT SQUAREFlat, LeaseholdArea: 100 Sq.mtr22 Sep 2014£1,347,500First Sale
APARTMENT 210, 3 MERCHANT SQUAREFlat, LeaseholdArea: 52 Sq.mtr22 Sep 2014£630,000First Sale
APARTMENT 306, 3 MERCHANT SQUAREFlat, LeaseholdArea: 53 Sq.mtr22 Sep 2014£580,000First Sale
APARTMENT 501, 3 MERCHANT SQUAREFlat, LeaseholdArea: 108 Sq.mtr22 Sep 2014£1,456,168First Sale
APARTMENT 601, 3 MERCHANT SQUAREFlat, LeaseholdArea: 108 Sq.mtr22 Sep 2014£1,460,000First Sale
APARTMENT 407, 3 MERCHANT SQUAREFlat, LeaseholdArea: 47 Sq.mtr22 Sep 2014£570,000First Sale
APARTMENT 302, 3 MERCHANT SQUAREFlat, LeaseholdArea: 117 Sq.mtr19 Sep 2014£1,400,000First Sale
APARTMENT 403, 3 MERCHANT SQUAREFlat, LeaseholdArea: 100 Sq.mtr19 Sep 2014£1,332,500First Sale
APARTMENT 904, 3 MERCHANT SQUAREFlat, LeaseholdArea: 88 Sq.mtr18 Sep 2014£999,999First Sale
APARTMENT 906, 3 MERCHANT SQUAREFlat, LeaseholdArea: 53 Sq.mtr18 Sep 2014£1,995,000220.48%
18 Sep 2014£622,500First Sale
APARTMENT 309, 3 MERCHANT SQUAREFlat, LeaseholdArea: 85 Sq.mtr18 Sep 2014£1,145,000First Sale
APARTMENT 905, 3 MERCHANT SQUAREFlat, LeaseholdArea: 88 Sq.mtr18 Sep 2014£992,500-50.25%
18 Sep 2014£1,995,000First Sale
APARTMENT 206, 3 MERCHANT SQUAREFlat, LeaseholdArea: 53 Sq.mtr18 Sep 2014£620,000First Sale
APARTMENT 609, 3 MERCHANT SQUAREFlat, LeaseholdArea: 85 Sq.mtr18 Sep 2014£1,150,000First Sale
APARTMENT 801, 3 MERCHANT SQUAREFlat, LeaseholdArea: 108 Sq.mtr18 Sep 2014£1,492,500First Sale
APARTMENT 207, 3 MERCHANT SQUAREFlat, LeaseholdArea: 47 Sq.mtr17 Sep 2014£595,000First Sale
APARTMENT 901, 3 MERCHANT SQUAREFlat, LeaseholdArea: 91 Sq.mtr17 Sep 2014£1,502,500First Sale
APARTMENT 509, 3 MERCHANT SQUAREFlat, LeaseholdArea: 127 Sq.mtr17 Sep 2014£1,785,000First Sale
APARTMENT 707, 3 MERCHANT SQUAREFlat, LeaseholdArea: 47 Sq.mtr17 Sep 2014£577,500First Sale
APARTMENT 705, 3 MERCHANT SQUAREFlat, LeaseholdArea: 88 Sq.mtr17 Sep 2014£1,025,000First Sale
APARTMENT 810, 3 MERCHANT SQUAREFlat, LeaseholdArea: 52 Sq.mtr16 Sep 2014£750,000First Sale
APARTMENT 307, 3 MERCHANT SQUAREFlat, LeaseholdArea: 45 Sq.mtrAge: 2012 onwards16 Sep 2014£567,500First Sale
APARTMENT 706, 3 MERCHANT SQUAREFlat, LeaseholdArea: 53 Sq.mtr16 Sep 2014£617,500First Sale
APARTMENT 507, 3 MERCHANT SQUAREFlat, LeaseholdArea: 47 Sq.mtr15 Sep 2014£572,500First Sale
APARTMENT 409, 3 MERCHANT SQUAREFlat, LeaseholdArea: 85 Sq.mtr15 Sep 2014£1,240,000First Sale
APARTMENT 301, 3 MERCHANT SQUAREFlat, LeaseholdArea: 108 Sq.mtr15 Sep 2014£1,395,000First Sale
APARTMENT 708, 3 MERCHANT SQUAREFlat, LeaseholdArea: 124 Sq.mtr15 Sep 2014£1,515,000First Sale
APARTMENT 505, 3 MERCHANT SQUAREFlat, LeaseholdArea: 88 Sq.mtr15 Sep 2014£939,200First Sale
APARTMENT 202, 3 MERCHANT SQUAREFlat, LeaseholdArea: 117 Sq.mtr12 Sep 2014£1,425,000First Sale
APARTMENT 503, 3 MERCHANT SQUAREFlat, LeaseholdArea: 100 Sq.mtr12 Sep 2014£1,324,482First Sale
APARTMENT 504, 3 MERCHANT SQUAREFlat, LeaseholdArea: 88 Sq.mtr12 Sep 2014£967,500First Sale
APARTMENT 605, 3 MERCHANT SQUAREFlat, LeaseholdArea: 88 Sq.mtr12 Sep 2014£967,500First Sale
APARTMENT 201, 3 MERCHANT SQUAREFlat, LeaseholdArea: 108 Sq.mtr12 Sep 2014£1,380,000First Sale
APARTMENT 907, 3 MERCHANT SQUAREFlat, LeaseholdArea: 47 Sq.mtr12 Sep 2014£582,500First Sale
APARTMENT 209, 3 MERCHANT SQUAREFlat, LeaseholdArea: 85 Sq.mtr11 Sep 2014£1,219,482First Sale
APARTMENT 203, 3 MERCHANT SQUAREFlat, LeaseholdArea: 100 Sq.mtr11 Sep 2014£1,281,982First Sale
APARTMENT 608, 3 MERCHANT SQUAREFlat, LeaseholdArea: 115 Sq.mtr11 Sep 2014£1,480,000First Sale
APARTMENT 308, 3 MERCHANT SQUAREFlat, LeaseholdArea: 124 Sq.mtr11 Sep 2014£1,500,000First Sale
APARTMENT 310, 3 MERCHANT SQUAREFlat, LeaseholdArea: 52 Sq.mtr11 Sep 2014£625,000First Sale
APARTMENT 508, 3 MERCHANT SQUAREFlat, LeaseholdArea: 124 Sq.mtr11 Sep 2014£1,470,000First Sale
APARTMENT 211, 3 MERCHANT SQUAREFlat, LeaseholdArea: 113 Sq.mtr11 Sep 2014£1,419,482First Sale
APARTMENT 704, 3 MERCHANT SQUAREFlat, LeaseholdArea: 88 Sq.mtr11 Sep 2014£982,500First Sale
APARTMENT 404, 3 MERCHANT SQUAREFlat, LeaseholdArea: 88 Sq.mtr10 Sep 2014£950,000First Sale
APARTMENT 606, 3 MERCHANT SQUAREFlat, LeaseholdArea: 53 Sq.mtr09 Sep 2014£610,000First Sale
APARTMENT 603, 3 MERCHANT SQUAREFlat, LeaseholdArea: 100 Sq.mtr04 Sep 2014£1,342,500First Sale
APARTMENT 406, 3 MERCHANT SQUAREFlat, LeaseholdArea: 53 Sq.mtr27 Aug 2014£590,000First Sale

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

MERCHANT SQUARE, W2 1AZ Near By properties

Interactive Map

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

  • Other
    • The average price is around £4,302,197 median price is £941,500 Standard Deviation is £11,572,646 with Total Sold: 261
    • The Last 5 Year average price is £5,067,665 with Total Sold: 128
    • 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 £1,123,911 median price is £737,500 Standard Deviation is £1,240,514 with Total Sold: 672
    • The Last 5 Year average price is £2,325,307 with Total Sold: 86
    • 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 £565,244 median price is £395,000 Standard Deviation is £561,335 with Total Sold: 9,175
    • The Last 5 Year average price is £1,080,698 with Total Sold: 1,388
    • 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 £912,397 median price is £700,000 Standard Deviation is £824,688 with Total Sold: 25
    • 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£1,356,125 £17,117 19
2022£4,143,146 £24,658 20
2021£8,853,033 £15,811 26
2020£8,627,578 £15,210 28
2019£1,906,691 £7,965 30
2018£3,588,399 £28,313 24
2017£4,235,369 £47,614 44
2016£1,548,521 £14,891 27
2015£2,431,170 £27,383 17
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£1,955,067 £12,730 18
2022£2,325,494 £14,617 18
2021£1,991,333 £15,341 12
2020£3,251,847 £13,977 18
2019£1,553,606 £10,991 12
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£2,493,750 £16,894 16
2013£1,759,035 £16,516 16
2012£1,430,000 £11,852 18
2011£1,501,144 £10,536 20
2010£1,275,124 £8,138 17
2009£1,056,933 £8,955 15
2008£1,022,333 £10,409 12
2007£1,075,088 £7,189 25
2006£943,592 £5,411 39
2005£751,552 £5,227 25
2004£844,325 £6,059 33
2003£581,380 £5,963 25
2002£563,040 £5,821 28
2001£468,794 £3,649 34
2000£520,534 £4,002 42
1999£448,819 £2,787 36
1998£363,583 £2,929 36
1997£295,608 £2,710 42
1996£261,712 £1,716 21
1995£281,587 £1,704 26
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£820,929 £9,082 60
2023£1,169,370 £11,911 158
2022£1,030,878 £13,027 270
2021£1,194,620 £15,094 455
2020£1,080,147 £14,165 250
2019£892,651 £12,048 195
2018£943,194 £12,096 133
2017£966,349 £12,796 206
2016£1,071,102 £13,557 269
2015£985,738 £12,419 239
2014£971,271 £12,147 393
2013£763,801 £10,347 226
2012£584,135 £9,232 225
2011£627,611 £8,168 184
2010£650,900 £8,094 229
2009£555,176 £7,314 204
2008£565,834 £6,965 214
2007£508,906 £6,869 443
2006£418,443 £5,738 453
2005£381,240 £5,477 346
2004£401,761 £5,517 464
2003£403,395 £5,695 693
2002£327,990 £4,918 611
2001£265,441 £3,550 366
2000£231,715 £3,069 425
1999£220,131 £2,727 290
1998£184,299 £2,227 299
1997£157,657 £1,994 337
1996£144,919 £1,694 289
1995£121,943 £1,562 249
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£660,000 £3,061 2
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 1AZ area

The most common house types in the W2 1AZ postcode area are Flat (158), commercial building (2), and Terraced (1).

Total161
Flat158
commercial building2
Terraced1
Detached0
Semi-detached0
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 (64), and Social rented: Other social rented (50).

Private rented: Private landlord or letting agency64
Social rented: Other social rented50
Shared ownership: Shared ownership15
Owned: Owns outright11
Owned: Owns with a mortgage or loan8
Private rented: Other private rented7
Social rented: Rents from council or Local Authority6
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the W2 1AZ have 1 person in household (70), and 2 people in household (49).

1 person in household70
2 people in household49
3 people in household20
4 people in household14
5 people in household6
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0