Housing Market Analysis for W2 1RZ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average W2 1RZ 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 1RZ

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

    AddressSold DatePrice% Change

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

    W2 1RZ Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £1,370,562 median price is £938,750 Standard Deviation is £1,411,728 with Total Sold: 1,032
      • The Last 5 Year average price is £2,779,196 with Total Sold: 131
      • 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 £589,863 median price is £392,500 Standard Deviation is £691,185 with Total Sold: 10,957
      • The Last 5 Year average price is £1,137,380 with Total Sold: 1,396
      • 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 £1,332,770 median price is £890,000 Standard Deviation is £1,329,805 with Total Sold: 37
      • 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 , 25 HYDE PARK GARDENS MEWS: £505,000 (Sold on 16 Jan 1995)
    • Other
      • The average price is around £4,471,894 median price is £1,055,000 Standard Deviation is £11,619,690 with Total Sold: 244
      • The Last 5 Year average price is £4,787,439 with Total Sold: 140
      • 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 £896,286 median price is £726,750 Standard Deviation is £687,164 with Total Sold: 14
      • 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£3,000,556 £11,133 9
    2023£2,346,248 £14,640 21
    2022£2,565,414 £15,920 38
    2021£2,628,857 £15,756 21
    2020£3,575,990 £16,157 25
    2019£2,688,647 £14,187 17
    2018£2,539,284 £17,318 17
    2017£3,400,437 £16,990 31
    2016£2,554,574 £16,262 27
    2015£3,000,342 £16,595 27
    2014£2,628,739 £17,288 23
    2013£2,318,654 £17,509 30
    2012£1,466,812 £10,879 25
    2011£1,697,546 £11,727 30
    2010£1,604,885 £10,280 26
    2009£1,451,750 £9,585 20
    2008£1,504,929 £10,194 21
    2007£1,366,304 £8,838 45
    2006£1,158,722 £6,687 47
    2005£930,626 £6,013 38
    2004£897,511 £5,419 54
    2003£706,800 £5,609 40
    2002£730,564 £6,806 56
    2001£627,144 £5,695 50
    2000£631,448 £3,851 56
    1999£592,450 £5,814 52
    1998£390,565 £3,221 40
    1997£330,983 £2,693 73
    1996£353,889 £2,265 37
    1995£345,494 £2,167 36
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£838,164 £10,944 70
    2023£1,132,349 £12,610 188
    2022£1,228,732 £14,081 209
    2021£1,182,511 £15,398 462
    2020£1,153,863 £14,583 244
    2019£1,038,394 £12,959 223
    2018£1,029,531 £12,496 181
    2017£1,168,713 £14,058 220
    2016£1,159,603 £13,970 300
    2015£1,121,435 £13,502 284
    2014£1,073,116 £12,729 444
    2013£842,410 £11,281 289
    2012£732,906 £10,062 284
    2011£742,153 £8,867 252
    2010£655,546 £8,508 297
    2009£630,308 £7,958 256
    2008£613,541 £7,723 253
    2007£562,778 £7,559 558
    2006£459,425 £6,035 562
    2005£406,431 £5,670 439
    2004£407,510 £5,420 462
    2003£403,797 £5,891 735
    2002£342,507 £4,824 662
    2001£308,983 £4,045 535
    2000£254,330 £3,156 462
    1999£230,855 £2,969 487
    1998£205,253 £2,642 412
    1997£193,414 £2,501 439
    1996£157,361 £1,927 425
    1995£139,672 £1,802 323
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£4,250,0001
    2023£5,400,0001
    2021£3,000,000 £13,699 1
    2020£3,382,500 £22,269 2
    2018£4,000,000 £16,878 1
    2007£1,063,750 £7,486 4
    2006£2,565,000 £8,526 2
    2004£1,212,500 £6,209 2
    2003£517,500 £1,496 1
    2001£585,000 £4,237 2
    2000£534,167 £4,002 3
    1999£774,444 £2,651 9
    1998£900,0001
    1997£534,750 £2,321 2
    1996£259,333 £1,784 3
    1995£540,000 £3,570 2
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£1,909,5836
    2023£2,216,640 £23,157 12
    2022£3,234,701 £20,004 18
    2021£7,484,915 £15,536 24
    2020£9,796,169 £7,929 27
    2019£2,449,532 £11,090 53
    2018£3,079,201 £12,006 17
    2017£5,336,292 £36,674 43
    2016£1,411,655 £8,995 24
    2015£2,408,338 £13,758 11
    2014£11,071,5117
    2013£1,100,0001
    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£1,816,750 £11,164 2
    2013£745,000 £14,057 1
    2003£347,500 £3,423 2
    2001£449,875 £3,005 4
    1999£1,240,0001
    1996£515,0001
    1995£1,200,0001

    House Type in W2 1RZ area

    The most common house types in the W2 1RZ postcode area are Flat (61), Shared house (13), and Semi-detached (3).

    Total83
    Flat61
    Shared house13
    Semi-detached3
    commercial building3
    converted building2
    Terraced1
    Detached0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Other social rented (48), and Private rented: Other private rented (14).

    Social rented: Other social rented48
    Private rented: Other private rented14
    Private rented: Private landlord or letting agency8
    Social rented: Rents from council or Local Authority6
    Owned: Owns outright3
    Owned: Owns with a mortgage or loan2
    Lives rent free2
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the W2 1RZ have 1 person in household (59), and 8 or more people in household (10).

    1 person in household59
    8 or more people in household10
    2 people in household9
    3 people in household2
    4 people in household2
    5 people in household2
    0 people in household0
    6 people in household0
    7 people in household0