Housing Market Analysis for PRAED STREET, W2 1RN

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £45,000 median price is £45,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 133 PRAED STREET: £45,000 (Sold on 15 Jan 1996)
    • The first recorded sale happened at this postcode is 133 PRAED STREET: £45,000 (Sold on 15 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average W2 1RN 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
1996£45,0001

All the Sales in the PRAED STREET, W2 1RN

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

AddressSold DatePrice% Change
133 PRAED STREETFlat, Freehold15 Jan 1996£45,000First Sale

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

PRAED STREET, W2 1RN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £1,349,582 median price is £932,375 Standard Deviation is £1,409,609 with Total Sold: 978
    • The Last 5 Year average price is £2,649,565 with Total Sold: 125
    • 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 £608,840 median price is £415,000 Standard Deviation is £673,444 with Total Sold: 10,298
    • The Last 5 Year average price is £1,130,987 with Total Sold: 1,521
    • 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)
  • Other
    • The average price is around £3,956,270 median price is £1,000,000 Standard Deviation is £10,860,190 with Total Sold: 249
    • The Last 5 Year average price is £4,060,202 with Total Sold: 143
    • 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)
  • Semi-Detached
    • The average price is around £1,106,875 median price is £625,000 Standard Deviation is £1,186,335 with Total Sold: 36
    • 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 £996,385 median price is £750,000 Standard Deviation is £655,317 with Total Sold: 13
    • 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£2,919,375 £11,133 8
2023£2,321,248 £14,283 21
2022£2,397,963 £15,760 34
2021£2,572,205 £14,922 22
2020£3,326,602 £16,020 27
2019£2,396,692 £13,247 13
2018£2,631,273 £16,984 14
2017£3,571,502 £16,756 29
2016£2,516,911 £16,073 28
2015£2,970,548 £16,572 26
2014£2,472,640 £16,729 25
2013£2,229,470 £17,268 29
2012£1,414,388 £10,618 24
2011£1,715,049 £11,538 28
2010£1,577,282 £10,012 25
2009£1,360,526 £8,932 19
2008£1,504,425 £9,878 20
2007£1,295,203 £8,725 38
2006£1,134,846 £6,416 49
2005£974,969 £6,010 35
2004£888,646 £5,509 52
2003£717,027 £5,678 37
2002£751,934 £7,043 52
2001£560,969 £3,764 49
2000£644,728 £3,633 51
1999£553,065 £5,502 52
1998£391,977 £3,157 39
1997£312,963 £2,632 67
1996£306,364 £2,353 32
1995£327,041 £2,094 33
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£867,560 £10,864 67
2023£1,196,805 £12,816 186
2022£1,141,505 £13,871 286
2021£1,182,408 £15,272 471
2020£1,138,001 £14,611 284
2019£1,026,092 £12,721 227
2018£1,065,602 £12,667 169
2017£1,101,135 £13,804 208
2016£1,193,887 £13,995 282
2015£1,149,096 £13,454 262
2014£1,074,343 £12,700 402
2013£868,628 £11,360 258
2012£759,253 £10,248 256
2011£765,290 £8,886 235
2010£676,302 £8,606 279
2009£615,603 £7,816 235
2008£643,032 £7,552 212
2007£568,412 £7,473 498
2006£459,840 £6,032 528
2005£402,830 £5,612 403
2004£431,675 £5,720 511
2003£411,770 £5,895 690
2002£343,647 £4,905 571
2001£311,747 £4,018 481
2000£254,349 £3,178 419
1999£243,074 £3,055 419
1998£205,536 £2,562 375
1997£196,257 £2,399 398
1996£150,507 £1,798 383
1995£140,330 £1,741 303
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,909,5836
2023£1,712,626 £17,117 19
2022£2,224,781 £22,152 16
2021£5,794,611 £17,836 22
2020£9,270,812 £7,961 25
2019£2,577,514 £9,492 55
2018£2,091,738 £12,006 18
2017£5,294,014 £37,797 40
2016£1,553,989 £8,995 25
2015£2,597,610 £27,383 11
2014£9,293,953 £84,677 9
2013£1,950,0002
2011£121,5501
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£2,565,000 £8,526 2
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£729,000 £2,651 10
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£1,816,750 £11,164 2
2013£745,000 £14,057 1
2008£860,000 £6,324 1
2003£515,000 £4,886 1
2001£508,167 £3,061 3
1999£1,240,0001
1996£515,0001
1995£1,200,0001

House Type in W2 1RN area

The most common house types in the W2 1RN 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 1RN 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