Housing Market Analysis for PRAED STREET, W2 1NS

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

Overview of Sold House prices

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

Flat
- The average price is around £476,786 median price is £291,000 Standard Deviation is £532,687 with Total Sold: 14
- The Last 5 Year average price is £1,237,500 with Total Sold: 2
- The most recent sale happened at this postcode is 63 PRAED STREET: £2,250,000 (Sold on 23 Nov 2023)
- The first recorded sale happened at this postcode is 79 PRAED STREET: £60,000 (Sold on 17 Jan 1996)
Other
- The average price is around £683,250 median price is £800,000 Standard Deviation is £432,657 with Total Sold: 4
- The most recent sale happened at this postcode is 65 PRAED STREET: £33,000 (Sold on 06 Sep 2017)
- The first recorded sale happened at this postcode is 65 PRAED STREET: £1,100,000 (Sold on 18 Dec 2013)
Terraced
- The average price is around £592,500 median price is £600,000 Standard Deviation is £118,242 with Total Sold: 4
- The most recent sale happened at this postcode is FLAT 1, 59 PRAED STREET: £420,000 (Sold on 11 May 2007)
- The first recorded sale happened at this postcode is FLAT, 65 PRAED STREET: £625,000 (Sold on 31 Jul 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average W2 1NS 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	£1,237,500		2
2007	£272,500		3
2005	£530,000		1
2004	£860,000		1
2003	£311,250	£5,052	2
2002	£399,000		3
1997	£113,000	£2,568	1
1996	£60,000	£1,364	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£291,500		2
2016	£1,050,000	£23,864	1
2013	£1,100,000		1

House Type: Terraced

Year	Avg. Price	Sold
2007	£420,000	1
2006	£750,000	1
2005	£575,000	1
2001	£625,000	1

All the Sales in the PRAED STREET, W2 1NS

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

Address	Sold Date	Price	% Change
63 PRAED STREETFlat, Freehold	23 Nov 2023	£2,250,000	First Sale
FLAT, 63 PRAED STREETFlat, Freehold	23 Nov 2023	£225,000	-73.84%
FLAT, 63 PRAED STREETFlat, Freehold	18 Nov 2004	£860,000	First Sale
65 PRAED STREETOther, Leasehold	06 Sep 2017	£33,000	-97.00%
65 PRAED STREETOther, Leasehold	18 Dec 2013	£1,100,000	First Sale
GROUND FLOOR AND BASEMENT, 69 PRAED STREETOther, Leasehold	08 May 2017	£550,000	First Sale
79 PRAED STREETOther, FreeholdArea: 44 Sq.mtrAge: before 1900	15 Jun 2016	£1,050,000	829.20%
	22 May 1997	£113,000	88.33%
	17 Jan 1996	£60,000	First Sale
1, 69 - 71 PRAED STREETFlat, Leasehold	24 Aug 2007	£417,500	41.53%
1, 69 - 71 PRAED STREETFlat, Leasehold	31 Dec 2002	£295,000	First Sale
FLAT 1, 59 PRAED STREETFlat, Leasehold	11 May 2007	£200,000	-52.38%
FLAT 1, 59 PRAED STREETFlat, Leasehold	11 May 2007	£420,000	First Sale
FLAT 2, 59 PRAED STREETFlat, Leasehold	11 May 2007	£200,000	First Sale
FLAT, 65 PRAED STREETTerraced, Freehold	09 Aug 2006	£750,000	20.00%
FLAT, 65 PRAED STREETTerraced, Freehold	31 Jul 2001	£625,000	First Sale
67 PRAED STREETTerraced, Freehold	08 Aug 2005	£575,000	First Sale
FLAT A-C, 71 PRAED STREETFlat, Freehold	20 Jan 2005	£530,000	39.47%
	24 Nov 2003	£380,000	-38.21%
	05 Apr 2002	£615,000	First Sale
FLAT 3, 69 - 71 PRAED STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 1976-1982	25 Jul 2003	£242,500	First Sale
2, 69 - 71 PRAED STREETFlat, Leasehold	12 Dec 2002	£287,000	First Sale

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

PRAED STREET, W2 1NS Near By properties

Interactive Map

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

Terraced
- The average price is around £1,363,952 median price is £934,875 Standard Deviation is £1,386,547 with Total Sold: 1,006
- The Last 5 Year average price is £2,678,527 with Total Sold: 126
- 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 £574,827 median price is £382,500 Standard Deviation is £659,422 with Total Sold: 10,787
- The Last 5 Year average price is £1,122,131 with Total Sold: 1,515
- 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)
Semi-Detached
- The average price is around £1,205,200 median price is £517,500 Standard Deviation is £1,342,054 with Total Sold: 43
- The Last 5 Year average price is £3,883,000 with Total Sold: 5
- The most recent sale happened at this postcode is , 45 ALBION STREET: £4,250,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 12 HOGAN MEWS: £200,000 (Sold on 12 Jan 1995)
Other
- The average price is around £4,235,408 median price is £974,672 Standard Deviation is £11,601,572 with Total Sold: 263
- The Last 5 Year average price is £4,924,153 with Total Sold: 132
- 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 £964,476 median price is £708,500 Standard Deviation is £803,749 with Total Sold: 21
- 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 , CHESTER HOUSE CLARENDON PLACE: £1,200,000 (Sold on 24 Jul 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,644,067	£10,914	12
2023	£2,295,055	£14,976	22
2022	£2,537,896	£15,959	30
2021	£2,546,300	£15,740	20
2020	£3,549,130	£16,605	25
2019	£2,322,546	£13,521	17
2018	£2,573,765	£15,309	22
2017	£3,616,994	£16,972	28
2016	£2,439,720	£14,905	25
2015	£2,957,808	£16,093	26
2014	£2,672,593	£17,216	27
2013	£2,143,563	£16,023	27
2012	£1,479,911	£10,964	28
2011	£1,788,940	£10,688	27
2010	£1,554,800	£10,299	27
2009	£1,349,619	£9,049	21
2008	£1,845,233	£10,776	15
2007	£1,434,107	£8,606	44
2006	£1,079,999	£6,544	53
2005	£988,484	£5,842	37
2004	£949,229	£5,999	49
2003	£710,784	£5,478	37
2002	£798,480	£5,966	47
2001	£603,141	£3,639	44
2000	£635,223	£4,227	54
1999	£508,845	£3,191	54
1998	£390,534	£3,552	47
1997	£339,715	£2,683	72
1996	£310,024	£2,189	37
1995	£350,438	£1,851	32

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£843,533	£9,591	67
2023	£1,219,509	£12,362	189
2022	£1,111,259	£13,613	285
2021	£1,197,202	£15,045	474
2020	£1,113,608	£13,920	281
2019	£985,925	£12,296	219
2018	£1,062,590	£12,111	143
2017	£995,127	£13,031	224
2016	£1,117,962	£13,609	320
2015	£1,067,458	£12,847	279
2014	£990,994	£12,147	442
2013	£803,627	£10,573	284
2012	£695,743	£9,629	269
2011	£696,396	£8,705	244
2010	£645,133	£8,207	267
2009	£579,191	£7,644	242
2008	£593,344	£7,361	262
2007	£515,483	£7,204	544
2006	£430,657	£5,746	537
2005	£401,184	£5,538	410
2004	£375,359	£5,164	454
2003	£405,037	£5,753	735
2002	£322,178	£4,930	775
2001	£282,092	£3,720	479
2000	£243,476	£3,121	508
1999	£215,275	£2,692	401
1998	£192,260	£2,347	360
1997	£178,845	£2,246	429
1996	£148,851	£1,818	355
1995	£133,072	£1,702	309

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£4,250,000		1
2023	£5,400,000		1
2021	£3,000,000	£13,699	1
2020	£3,382,500	£22,269	2
2018	£4,000,000	£16,878	1
2009	£3,550,000		1
2007	£1,121,667	£7,109	3
2006	£2,565,000	£8,526	2
2004	£1,212,500	£6,209	2
2003	£732,033	£1,496	3
2002	£700,000		1
2001	£585,000	£4,237	2
2000	£522,500	£3,905	2
1999	£532,222	£2,161	9
1998	£400,000	£2,381	2
1997	£297,417	£2,211	6
1996	£173,000	£1,545	1
1995	£426,667	£2,997	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,282,000		5
2023	£1,066,017	£23,157	17
2022	£4,161,146	£22,459	20
2021	£7,757,696	£14,376	30
2020	£9,191,853	£15,210	29
2019	£1,223,820	£11,938	31
2018	£3,148,980	£28,313	23
2017	£4,316,739	£42,446	44
2016	£1,614,157	£13,967	26
2015	£2,431,170	£27,383	17
2014	£8,057,737	£169,051	13
2013	£1,913,000	£20,366	7
2011	£121,550		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,500,000		1
2022	£1,350,000	£12,808	1
2019	£2,185,000	£15,217	2
2014	£1,816,750	£11,164	2
2013	£745,000	£14,057	1
2011	£2,000,000	£11,414	1
2009	£400,000	£11,567	1
2003	£515,000	£4,886	1
2002	£775,000	£5,280	2
2001	£531,667	£3,005	3
1999	£165,250	£3,035	2
1998	£390,000		1
1997	£160,000	£3,902	1
1996	£515,000		1
1995	£1,200,000		1

House Type in W2 1NS area

The most common house types in the W2 1NS postcode area are Flat (132), Terraced (26), and Shared house (25).

Total	203
Flat	132
Terraced	26
Shared house	25
commercial building	15
Detached	3
converted building	2
Semi-detached	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 (129), and Owned: Owns outright (25).

Private rented: Private landlord or letting agency	129
Owned: Owns outright	25
Owned: Owns with a mortgage or loan	22
Private rented: Other private rented	16
Social rented: Other social rented	9
Shared ownership: Shared ownership	1
Does not apply	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 W2 1NS have 1 person in household (100), and 2 people in household (63).

1 person in household	100
2 people in household	63
3 people in household	20
4 people in household	16
5 people in household	3
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0