Housing Market Analysis for W2 1BL

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average W2 1BL 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.

    All the Sales in the W2 1BL

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

    AddressSold DatePrice% Change

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

    W2 1BL Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £1,223,433 median price is £838,500 Standard Deviation is £1,332,618 with Total Sold: 786
      • The Last 5 Year average price is £2,460,849 with Total Sold: 94
      • 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 £604,595 median price is £420,000 Standard Deviation is £643,494 with Total Sold: 10,013
      • The Last 5 Year average price is £1,126,121 with Total Sold: 1,519
      • 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 2, 77 WESTBOURNE TERRACE: £245,000 (Sold on 06 Jan 1995)
    • Other
      • The average price is around £4,554,543 median price is £1,000,000 Standard Deviation is £13,278,840 with Total Sold: 258
      • The Last 5 Year average price is £4,807,686 with Total Sold: 146
      • The most recent sale happened at this postcode is , 43 WESTBOURNE TERRACE: £45,000 (Sold on 01 May 2024)
      • The first recorded sale happened at this postcode is , 160 - 162 EDGWARE ROAD: £121,550 (Sold on 09 Jun 2011)
    • Detached
      • The average price is around £954,955 median price is £745,000 Standard Deviation is £705,047 with Total Sold: 11
      • The Last 5 Year average price is £1,360,000 with Total Sold: 2
      • The most recent sale happened at this postcode is FLAT 601, BALMORAL APARTMENTS, 2 PRAED STREET: £1,350,000 (Sold on 11 Feb 2022)
      • The first recorded sale happened at this postcode is , 31 GLOUCESTER SQUARE: £515,000 (Sold on 05 Jan 1996)
    • Semi-Detached
      • The average price is around £933,456 median price is £522,500 Standard Deviation is £948,082 with Total Sold: 34
      • The Last 5 Year average price is £2,882,500 with Total Sold: 2
      • 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: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£2,871,667 £11,017 6
    2023£2,099,776 £14,162 17
    2022£2,048,908 £15,711 23
    2021£2,439,906 £15,244 16
    2020£3,138,557 £15,551 22
    2019£2,318,200 £13,348 10
    2018£2,265,033 £16,033 10
    2017£3,613,089 £17,486 23
    2016£2,631,750 £14,623 20
    2015£2,711,062 £15,464 16
    2014£2,318,588 £16,014 17
    2013£2,111,139 £15,803 23
    2012£1,396,332 £10,812 19
    2011£1,730,669 £11,571 23
    2010£1,426,680 £9,600 22
    2009£1,248,688 £8,733 16
    2008£1,168,000 £10,196 16
    2007£1,176,445 £7,894 33
    2006£1,089,582 £6,056 42
    2005£822,157 £4,725 25
    2004£851,605 £4,965 39
    2003£683,433 £5,342 30
    2002£702,295 £7,166 46
    2001£488,230 £3,093 37
    2000£624,503 £3,085 41
    1999£520,409 £5,986 41
    1998£392,408 £3,141 38
    1997£276,931 £2,548 58
    1996£277,737 £2,348 26
    1995£316,527 £1,881 31
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£904,900 £11,298 65
    2023£1,216,725 £12,770 186
    2022£1,143,833 £13,806 284
    2021£1,164,410 £15,110 480
    2020£1,133,707 £14,561 280
    2019£1,001,092 £12,534 224
    2018£1,067,343 £12,516 183
    2017£1,075,683 £13,667 196
    2016£1,153,877 £13,788 270
    2015£1,160,583 £13,127 243
    2014£1,031,938 £12,564 407
    2013£861,912 £11,399 241
    2012£768,032 £9,913 203
    2011£714,247 £8,668 231
    2010£675,497 £8,524 278
    2009£612,290 £7,640 232
    2008£596,462 £7,236 215
    2007£572,855 £7,306 517
    2006£457,253 £5,947 523
    2005£392,006 £5,537 400
    2004£425,238 £5,659 507
    2003£408,974 £5,863 677
    2002£336,882 £4,721 517
    2001£310,267 £3,959 453
    2000£268,430 £3,291 359
    1999£235,320 £3,019 416
    1998£202,027 £2,516 359
    1997£183,519 £2,209 406
    1996£151,832 £1,741 371
    1995£137,524 £1,631 290
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£1,498,1254
    2023£1,805,732 £11,076 20
    2022£9,728,287 £24,437 16
    2021£5,339,909 £15,811 24
    2020£8,394,618 £11,069 28
    2019£2,610,283 £10,069 54
    2018£1,983,225 £12,006 19
    2017£5,204,989 £39,699 39
    2016£1,523,189 £9,934 25
    2015£5,088,736 £19,383 14
    2014£7,639,143 £84,677 11
    2013£13,000,0003
    2011£121,5501
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£1,350,000 £12,808 1
    2019£1,370,000 £11,800 1
    2014£2,925,000 £11,164 1
    2013£745,000 £14,057 1
    2008£860,000 £6,324 1
    2003£515,000 £4,886 1
    2002£700,0001
    2001£508,167 £3,061 3
    1996£515,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£3,000,000 £13,699 1
    2020£2,765,000 £29,992 1
    2018£4,000,000 £16,878 1
    2007£1,063,750 £7,486 4
    2006£2,950,000 £8,526 1
    2004£900,000 £7,087 1
    2003£517,500 £1,496 1
    2001£585,000 £4,237 2
    2000£493,125 £4,002 4
    1999£729,000 £2,651 10
    1997£428,167 £2,211 3
    1996£176,500 £1,784 2
    1995£426,667 £2,997 3

    House Type in W2 1BL area

    The most common house types in the W2 1BL postcode area are Flat (74), commercial building (11), and Terraced (5).

    Total99
    Flat74
    commercial building11
    Terraced5
    Shared house5
    Semi-detached2
    Detached1
    temporary structure1
    converted building0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (55), and Owned: Owns outright (13).

    Private rented: Private landlord or letting agency55
    Owned: Owns outright13
    Social rented: Other social rented11
    Owned: Owns with a mortgage or loan8
    Private rented: Other private rented8
    Social rented: Rents from council or Local Authority5
    Shared ownership: Shared ownership2
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the W2 1BL have 1 person in household (48), and 2 people in household (30).

    1 person in household48
    2 people in household30
    3 people in household15
    4 people in household3
    5 people in household3
    8 or more people in household3
    6 people in household1
    0 people in household0
    7 people in household0