Housing Market Analysis for PRAED STREET, W2 1RH

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

Overview of Sold House prices

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

  • Other
    • The average price is around £2,055,000 median price is £850,833 Standard Deviation is £2,087,260 with Total Sold: 8
    • The Last 5 Year average price is £1,562,143 with Total Sold: 7
    • The most recent sale happened at this postcode is 167 PRAED STREET: £5,830,000 (Sold on 11 May 2020)
    • The first recorded sale happened at this postcode is 167 PRAED STREET: £5,505,000 (Sold on 11 Dec 2014)
  • Terraced
    • The average price is around £650,000 median price is £650,000 Standard Deviation is £550,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 191 PRAED STREET: £1,200,000 (Sold on 01 Sep 2005)
    • The first recorded sale happened at this postcode is 187 PRAED STREET: £100,000 (Sold on 20 Aug 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average W2 1RH 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£5,830,0001
2019£850,8336
2014£5,505,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£1,200,0001
1999£100,0001

All the Sales in the PRAED STREET, W2 1RH

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

AddressSold DatePrice% Change
167 PRAED STREETOther, Freehold11 May 2020£5,830,0005.90%
11 Dec 2014£5,505,000First Sale
183 PRAED STREETOther, Leasehold05 Jul 2019£850,833First Sale
177 - 179 PRAED STREETOther, Leasehold05 Jul 2019£850,833First Sale
FIRST FLOOR, 179 PRAED STREETOther, Leasehold05 Jul 2019£850,833First Sale
185 PRAED STREETOther, Leasehold05 Jul 2019£850,833First Sale
175 PRAED STREETOther, Leasehold05 Jul 2019£850,833First Sale
179 PRAED STREETOther, Leasehold05 Jul 2019£850,833First Sale
191 PRAED STREETTerraced, Freehold01 Sep 2005£1,200,000First Sale
187 PRAED STREETTerraced, Freehold20 Aug 1999£100,000First Sale

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

PRAED STREET, W2 1RH Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £1,341,394 median price is £920,000 Standard Deviation is £1,508,239 with Total Sold: 961
    • The Last 5 Year average price is £2,567,347 with Total Sold: 120
    • 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 £633,305 median price is £430,000 Standard Deviation is £724,809 with Total Sold: 9,924
    • The Last 5 Year average price is £1,134,135 with Total Sold: 1,114
    • 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 £4,793,719 median price is £1,137,500 Standard Deviation is £12,651,210 with Total Sold: 232
    • The Last 5 Year average price is £5,345,052 with Total Sold: 133
    • 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 , 167 - 169 WESTBOURNE TERRACE: £36,900,000 (Sold on 09 Oct 2013)
  • Semi-Detached
    • The average price is around £1,121,311 median price is £668,668 Standard Deviation is £1,168,017 with Total Sold: 38
    • The Last 5 Year average price is £3,721,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 9 CLARENDON PLACE: £5,400,000 (Sold on 01 Feb 2023)
    • The first recorded sale happened at this postcode is , 12 HOGAN MEWS: £200,000 (Sold on 12 Jan 1995)
  • Detached
    • The average price is around £1,101,850 median price is £860,000 Standard Deviation is £746,062 with Total Sold: 15
    • 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 , CHESTER HOUSE CLARENDON PLACE: £1,200,000 (Sold on 24 Jul 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,835,000 £11,133 8
2023£2,198,629 £14,417 21
2022£2,398,475 £16,614 31
2021£2,300,800 £15,664 20
2020£3,304,029 £16,337 26
2019£2,354,071 £14,372 14
2018£2,294,864 £17,828 16
2017£3,765,517 £16,798 32
2016£2,514,740 £16,620 25
2015£3,007,844 £17,640 24
2014£3,036,083 £17,650 24
2013£2,158,177 £16,923 29
2012£1,477,604 £12,334 27
2011£1,786,656 £11,851 28
2010£1,370,478 £10,005 25
2009£1,380,500 £9,370 20
2008£1,442,205 £10,103 22
2007£1,227,077 £8,124 35
2006£1,103,031 £6,303 47
2005£825,112 £5,511 34
2004£831,183 £5,233 47
2003£709,146 £5,575 41
2002£692,053 £7,000 49
2001£593,617 £5,795 47
2000£658,184 £3,315 44
1999£554,526 £5,736 49
1998£412,978 £3,599 45
1997£304,573 £2,604 65
1996£339,688 £2,643 30
1995£340,364 £2,099 36
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£954,328 £12,467 64
2023£1,150,012 £12,688 179
2022£1,220,306 £13,740 186
2021£1,103,604 £12,338 215
2020£1,160,994 £14,899 245
2019£1,101,343 £13,591 225
2018£1,125,354 £13,004 175
2017£1,451,940 £14,552 217
2016£1,267,893 £14,240 289
2015£1,260,757 £14,054 243
2014£1,193,179 £13,521 419
2013£936,787 £12,209 256
2012£883,334 £10,573 216
2011£813,986 £9,437 237
2010£721,723 £9,019 302
2009£674,647 £8,071 262
2008£650,647 £7,818 213
2007£600,197 £7,889 529
2006£501,917 £6,261 550
2005£428,773 £5,719 416
2004£464,732 £5,916 523
2003£425,308 £5,986 693
2002£370,213 £5,082 544
2001£344,079 £4,282 442
2000£306,415 £3,607 377
1999£264,601 £3,202 444
1998£228,283 £2,867 369
1997£212,935 £2,468 416
1996£167,228 £1,930 405
1995£158,129 £1,848 273
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,070,5005
2023£2,874,190 £11,076 8
2022£11,322,382 £24,789 16
2021£6,117,401 £17,836 22
2020£8,734,596 £9,217 25
2019£2,516,493 £11,524 57
2018£2,226,058 £13,262 16
2017£3,864,360 £41,187 37
2016£1,688,611 £8,995 24
2015£5,477,525 £12,966 12
2014£9,799,4478
2013£19,000,0002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£5,400,0001
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£2,410,000 £8,526 3
2004£900,000 £7,087 1
2003£517,500 £1,496 1
2001£585,000 £4,237 2
2000£534,167 £4,002 3
1999£722,940 £2,651 11
1998£900,0001
1997£428,167 £2,211 3
1996£176,500 £1,784 2
1995£426,667 £2,997 3
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£1,100,000 £13,059 1
2001£508,167 £3,061 3
1999£1,474,417 £6,174 3
1996£515,0001
1995£1,200,0001

House Type in W2 1RH area

The most common house types in the W2 1RH postcode area are Flat (82), Terraced (24), and Shared house (22).

Total137
Flat82
Terraced24
Shared house22
Semi-detached5
commercial building3
converted building1
Detached0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (91), and Owned: Owns outright (25).

Private rented: Private landlord or letting agency91
Owned: Owns outright25
Owned: Owns with a mortgage or loan16
Private rented: Other private rented3
Shared ownership: Shared ownership1
Social rented: Other social rented1
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 1RH have 1 person in household (75), and 2 people in household (38).

1 person in household75
2 people in household38
3 people in household13
4 people in household7
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0