Housing Market Analysis for HANOVER STEPS, W2 2YG

Are you looking to understand W2 2YG 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 2YG area, explore the W2 2YG Area information page.
For comprehensive crime statistics in the W2 2YG area, explore the W2 2YG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the W2 2YG postcode area, The average prices are as follows,

Flat
- The average price is around £402,164 median price is £385,000 Standard Deviation is £214,388 with Total Sold: 53
- The Last 5 Year average price is £688,333 with Total Sold: 3
- The most recent sale happened at this postcode is 53 HANOVER STEPS: £685,000 (Sold on 20 Jan 2023)
- The first recorded sale happened at this postcode is 24 HANOVER STEPS: £105,000 (Sold on 13 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average W2 2YG 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	£685,000	£14,271	1
2022	£830,000	£14,068	1
2021	£550,000	£13,095	1
2018	£850,000	£14,167	2
2017	£635,000	£14,767	1
2016	£700,000	£15,217	1
2015	£366,666	£6,548	1
2013	£576,667	£11,476	3
2012	£310,000	£6,640	2
2011	£665,500	£13,042	2
2010	£575,500	£10,542	3
2008	£473,750	£8,537	6
2007	£550,000	£10,089	2
2006	£383,000	£6,833	3
2005	£272,500	£5,419	2
2004	£381,625	£5,387	4
2003	£278,500	£6,054	1
2002	£252,500	£5,962	2
2001	£300,000	£5,000	1
2000	£216,000	£4,726	1
1999	£207,500	£3,594	2
1997	£160,000	£3,088	5
1996	£127,667	£2,194	3
1995	£126,667	£2,640	3

All the Sales in the HANOVER STEPS, W2 2YG

See the table below for more details on the sold house prices in the W2 2YG, Westminster postcode.

Address	Sold Date	Price	% Change
53 HANOVER STEPSFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-1975	20 Jan 2023	£685,000	45.74%
	12 Jul 2012	£470,000	First Sale
40 HANOVER STEPSFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-1975	17 Aug 2022	£830,000	First Sale
20 HANOVER STEPSFlat, LeaseholdArea: 42 Sq.mtrAge: 1967-1975	29 Jun 2021	£550,000	First Sale
14 HANOVER STEPSFlat, LeaseholdArea: 60 Sq.mtrAge: 1967-1975	28 Sep 2018	£900,000	42.86%
	08 Aug 2008	£630,000	288.89%
	26 Feb 1996	£162,000	First Sale
3 HANOVER STEPSFlat, LeaseholdArea: 60 Sq.mtrAge: 1950-1966	31 Jul 2018	£800,000	440.54%
3 HANOVER STEPSFlat, LeaseholdArea: 60 Sq.mtrAge: 1950-1966	06 Oct 1995	£148,000	First Sale
21 HANOVER STEPSFlat, LeaseholdArea: 43 Sq.mtrAge: 1950-1966	27 Oct 2017	£635,000	27.00%
	18 Jan 2013	£500,000	233.33%
	12 Jul 2012	£150,000	First Sale
55 HANOVER STEPSFlat, LeaseholdArea: 46 Sq.mtrAge: 1967-1975	22 Nov 2016	£700,000	145.61%
	20 May 2005	£285,000	First Sale
60 HANOVER STEPSFlat, LeaseholdArea: 56 Sq.mtrAge: 1976-1982	20 Mar 2015	£366,666	First Sale
30 HANOVER STEPSFlat, LeaseholdArea: 45.71 Sq.mtrAge: 1967-1975	14 Oct 2013	£515,000	First Sale
8 HANOVER STEPSFlat, LeaseholdArea: 62 Sq.mtrAge: 1967-1975	24 May 2013	£715,000	First Sale
37 HANOVER STEPSFlat, Leasehold	14 Jun 2011	£675,000	First Sale
54 HANOVER STEPSFlat, LeaseholdArea: 50.3 Sq.mtrAge: 1967-1975	28 Jan 2011	£656,000	6.67%
	09 Nov 2007	£615,000	310.00%
	28 Nov 1997	£150,000	First Sale
48 HANOVER STEPSFlat, LeaseholdArea: 61 Sq.mtrAge: 1967-1975	25 Oct 2010	£670,000	39.58%
	02 Dec 2008	£480,000	First Sale
25 HANOVER STEPSFlat, LeaseholdArea: 43 Sq.mtrAge: 1967-1975	23 Feb 2010	£437,500	244.49%
	04 Dec 1995	£127,000	First Sale
49 HANOVER STEPSFlat, LeaseholdArea: 59.13 Sq.mtrAge: 1967-1975	14 Jan 2010	£619,000	First Sale
59 HANOVER STEPSFlat, LeaseholdArea: 46 Sq.mtrAge: 1950-1966	16 Dec 2008	£445,000	187.10%
	01 Jul 1997	£155,000	First Sale
22 HANOVER STEPSFlat, LeaseholdArea: 43.71 Sq.mtrAge: 1967-1975	11 Jul 2008	£275,000	5.77%
	28 Mar 2002	£260,000	First Sale
58 HANOVER STEPSFlat, LeaseholdArea: 88 Sq.mtrAge: 1967-1975	05 Jun 2008	£580,000	First Sale
18 HANOVER STEPSFlat, LeaseholdArea: 42 Sq.mtrAge: 1967-1975	23 May 2008	£432,500	220.37%
	08 Oct 1997	£135,000	First Sale
2 HANOVER STEPSFlat, LeaseholdArea: 61 Sq.mtrAge: 1967-1975	12 Feb 2007	£485,000	First Sale
6 HANOVER STEPSFlat, LeaseholdArea: 61 Sq.mtrAge: 1967-1975	31 Oct 2006	£459,000	26.62%
6 HANOVER STEPSFlat, LeaseholdArea: 61 Sq.mtrAge: 1967-1975	30 Sep 2004	£362,500	First Sale
4 HANOVER STEPSFlat, LeaseholdArea: 65 Sq.mtrAge: 1967-1975	30 Jun 2006	£410,000	First Sale
24 HANOVER STEPSFlat, LeaseholdArea: 42 Sq.mtrAge: 1967-1975	05 Jun 2006	£280,000	166.67%
	13 Jan 1995	£105,000	First Sale
56 HANOVER STEPSFlat, LeaseholdArea: 56 Sq.mtrAge: 1976-1982	15 Nov 2005	£260,000	First Sale
43 HANOVER STEPSFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-1975	18 Oct 2004	£385,000	First Sale
35 HANOVER STEPSFlat, LeaseholdArea: 115 Sq.mtrAge: 1967-1975	27 Aug 2004	£409,000	First Sale
13 HANOVER STEPSFlat, LeaseholdArea: 67 Sq.mtrAge: 1967-1975	08 Jul 2004	£370,000	First Sale
50 HANOVER STEPSFlat, LeaseholdArea: 46 Sq.mtrAge: 1967-1975	19 Aug 2003	£278,500	First Sale
19 HANOVER STEPSFlat, LeaseholdArea: 41 Sq.mtrAge: 1976-1982	21 Jan 2002	£245,000	First Sale
33 HANOVER STEPSFlat, LeaseholdArea: 60 Sq.mtrAge: 1976-1982	12 Sep 2001	£300,000	First Sale
23 HANOVER STEPSFlat, LeaseholdArea: 45.7 Sq.mtrAge: 1950-1966	04 Dec 2000	£216,000	First Sale
9 HANOVER STEPSFlat, LeaseholdArea: 61 Sq.mtrAge: 1967-1975	06 Aug 1999	£200,000	First Sale
51 HANOVER STEPSFlat, LeaseholdArea: 55 Sq.mtrAge: 1967-1975	17 May 1999	£215,000	33.13%
	23 Aug 1996	£161,500	First Sale
44 HANOVER STEPSFlat, Leasehold	12 Dec 1997	£190,000	First Sale
5 HANOVER STEPSFlat, LeaseholdArea: 61 Sq.mtrAge: 1976-1982	15 Jul 1997	£170,000	First Sale
16 HANOVER STEPSFlat, LeaseholdArea: 63 Sq.mtrAge: 1967-1975	12 Aug 1996	£59,500	First Sale

Check out the sold house prices near the W2 2YG postcode. Properties currently for saleProperties currently for rent

HANOVER STEPS, W2 2YG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the W2 2YG 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 2YG postcode.

Flat
- The average price is around £610,484 median price is £357,000 Standard Deviation is £860,216 with Total Sold: 8,845
- The Last 5 Year average price is £1,405,363 with Total Sold: 793
- The most recent sale happened at this postcode is APARTMENT 9, 4 CONNAUGHT PLACE: £1,175,000 (Sold on 11 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 £1,451,499 median price is £935,000 Standard Deviation is £1,367,376 with Total Sold: 43
- The Last 5 Year average price is £3,969,810 with Total Sold: 6
- 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)
Terraced
- The average price is around £1,611,103 median price is £1,055,650 Standard Deviation is £1,977,463 with Total Sold: 914
- The Last 5 Year average price is £3,374,489 with Total Sold: 124
- The most recent sale happened at this postcode is , 35 GLOUCESTER SQUARE: £6,900,000 (Sold on 19 Jun 2024)
- The first recorded sale happened at this postcode is , 92 SUSSEX GARDENS: £600,000 (Sold on 05 Jan 1995)
Other
- The average price is around £3,428,845 median price is £915,000 Standard Deviation is £9,740,266 with Total Sold: 183
- The Last 5 Year average price is £3,194,540 with Total Sold: 93
- The most recent sale happened at this postcode is 42, PORTMAN TOWERS GEORGE STREET: £6,000,000 (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 £979,464 median price is £726,750 Standard Deviation is £873,905 with Total Sold: 14
- The Last 5 Year average price is £2,185,000 with Total Sold: 2
- The most recent sale happened at this postcode is , 16 ST MICHAELS STREET: £1,370,000 (Sold on 06 Sep 2019)
- 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,169,671	£13,162	65
2023	£1,393,120	£13,589	151
2022	£1,757,180	£13,660	145
2021	£1,432,432	£12,719	163
2020	£1,393,536	£12,560	124
2019	£1,151,632	£12,589	145
2018	£1,488,919	£13,920	141
2017	£1,183,479	£13,048	174
2016	£1,403,794	£13,328	211
2015	£1,142,817	£13,113	242
2014	£1,082,707	£12,068	299
2013	£974,464	£11,038	264
2012	£852,208	£10,037	276
2011	£813,455	£9,325	222
2010	£753,473	£8,349	196
2009	£690,965	£7,948	210
2008	£659,272	£7,550	239
2007	£567,618	£7,118	447
2006	£510,829	£5,694	452
2005	£418,396	£5,165	295
2004	£379,826	£4,813	358
2003	£391,240	£4,933	357
2002	£341,583	£4,833	658
2001	£337,818	£3,779	491
2000	£297,166	£3,257	544
1999	£260,020	£2,805	449
1998	£235,578	£2,575	375
1997	£214,474	£2,402	452
1996	£170,156	£1,962	389
1995	£145,701	£1,931	311

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	£3,722,953	£22,269	3
2018	£4,000,000	£16,878	1
2015	£935,000	£15,455	1
2009	£2,550,000		2
2007	£960,000	£6,774	2
2006	£2,565,000	£8,526	2
2005	£693,750	£7,576	2
2004	£1,212,500	£6,209	2
2003	£732,033	£1,496	3
2002	£1,625,000	£7,328	2
2001	£970,000	£4,429	1
2000	£897,500	£4,059	4
1999	£655,000	£2,161	7
1998	£245,000		2
1997	£370,667	£2,164	3
1996	£425,000		1
1995	£540,000	£3,570	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£3,126,875	£10,863	8
2023	£2,328,835	£15,732	23
2022	£4,365,792	£16,591	24
2021	£3,326,692	£16,671	26
2020	£3,959,130	£15,721	23
2019	£2,876,275	£14,510	20
2018	£2,861,400	£15,379	20
2017	£3,261,034	£16,373	25
2016	£2,939,744	£15,616	23
2015	£3,180,640	£15,406	25
2014	£3,133,519	£17,623	27
2013	£2,458,080	£18,276	33
2012	£1,745,893	£11,888	28
2011	£1,588,271	£10,674	18
2010	£1,705,400	£10,335	19
2009	£1,494,579	£9,552	19
2008	£2,083,344	£12,468	16
2007	£1,621,630	£9,032	40
2006	£1,228,930	£6,983	44
2005	£1,022,128	£5,652	47
2004	£1,004,453	£5,759	48
2003	£731,866	£4,401	31
2002	£1,060,786	£4,844	35
2001	£682,569	£3,861	39
2000	£758,349	£4,003	43
1999	£616,409	£3,213	48
1998	£554,057	£2,710	28
1997	£414,654	£2,702	58
1996	£332,423	£1,794	39
1995	£393,167	£2,099	37

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£3,219,167	£68,160	6
2023	£1,350,444	£23,785	12
2022	£845,417	£19,366	17
2021	£6,212,467	£53,141	29
2020	£4,412,539	£12,562	13
2019	£604,706	£4,257	16
2018	£2,275,878	£8,410	21
2017	£5,279,223	£26,927	37
2016	£3,921,280	£10,716	13
2015	£2,175,643	£22,728	7
2014	£1,324,576	£23,333	7
2013	£2,915,500	£30,918	4
2011	£121,550		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£2,185,000	£15,217	2
2014	£1,816,750	£11,164	2
2013	£745,000	£14,057	1
2009	£400,000	£11,567	1
2004	£224,000	£5,311	1
2003	£180,000	£1,959	1
2002	£850,000	£5,280	1
2001	£531,667	£3,005	3
1996	£515,000		1
1995	£1,200,000		1

House Type in W2 2YG area

The most common house types in the W2 2YG postcode area are Flat (41), Terraced (32), and Shared house (11).

Total	93
Flat	41
Terraced	32
Shared house	11
Semi-detached	5
converted building	3
commercial building	1
Detached	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (34), and Private rented: Private landlord or letting agency (34).

Owned: Owns outright	34
Private rented: Private landlord or letting agency	34
Owned: Owns with a mortgage or loan	17
Private rented: Other private rented	6
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	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 2YG have 1 person in household (38), and 2 people in household (37).

1 person in household	38
2 people in household	37
4 people in household	9
3 people in household	8
5 people in household	1
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0