Housing Market Analysis for INVERNESS TERRACE, W2 3LB

Are you looking to understand W2 3LB 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 3LB area, explore the W2 3LB Area information page.
For comprehensive crime statistics in the W2 3LB area, explore the W2 3LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the W2 3LB postcode area, The average prices are as follows,

  • Flat
    • The average price is around £424,160 median price is £363,750 Standard Deviation is £243,396 with Total Sold: 48
    • The Last 5 Year average price is £806,071 with Total Sold: 7
    • The most recent sale happened at this postcode is FLAT 4, 62 INVERNESS TERRACE: £1,100,000 (Sold on 16 Jan 2023)
    • The first recorded sale happened at this postcode is FLAT 5, 62 INVERNESS TERRACE: £145,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £1,075,375 median price is £637,500 Standard Deviation is £1,308,168 with Total Sold: 8
    • The Last 5 Year average price is £4,460,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 72 INVERNESS TERRACE: £4,460,000 (Sold on 19 May 2021)
    • The first recorded sale happened at this postcode is 72 INVERNESS TERRACE: £288,000 (Sold on 30 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average W2 3LB 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
2023£1,100,000 £15,068 1
2022£701,667 £13,547 3
2020£675,000 £14,062 1
2019£881,250 £11,463 2
2018£525,000 £11,932 1
2015£705,000 £8,924 1
2014£690,000 £13,269 1
2013£1,000,000 £13,333 1
2012£515,667 £9,817 3
2011£565,000 £8,977 1
2010£442,475 £10,437 2
2009£482,500 £7,535 2
2008£250,0001
2007£441,875 £8,520 4
2006£366,025 £5,646 4
2005£215,000 £6,719 1
2004£301,500 £5,518 2
2003£240,333 £4,695 3
2002£253,3333
2001£297,000 £5,253 1
2000£262,475 £3,895 2
1999£189,500 £2,647 2
1998£174,750 £3,113 2
1997£127,100 £2,159 2
1995£125,000 £2,833 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£4,460,0001
2012£585,000 £7,800 1
1999£1,000,000 £27,027 1
1998£200,000 £2,667 1
1997£830,000 £18,649 2
1996£410,0001
1995£288,0001

All the Sales in the INVERNESS TERRACE, W2 3LB

See the table below for more details on the sold house prices in the W2 3LB, Westminster postcode.

AddressSold DatePrice% Change
FLAT 4, 62 INVERNESS TERRACEFlat, LeaseholdArea: 73 Sq.mtrAge: before 190016 Jan 2023£1,100,000First Sale
SECOND FLOOR FLAT, 78 INVERNESS TERRACEFlat, Leasehold08 Dec 2022£600,000First Sale
FLAT 11, 62 INVERNESS TERRACEFlat, LeaseholdArea: 46.47 Sq.mtrAge: before 190017 Oct 2022£565,00025.56%
05 Oct 2012£450,000First Sale
FLAT 5, 58 INVERNESS TERRACEFlat, LeaseholdArea: 62.94 Sq.mtrAge: before 190022 Mar 2022£940,00066.37%
25 Jan 2011£565,000First Sale
72 INVERNESS TERRACETerraced, Freehold19 May 2021£4,460,000359.79%
06 Feb 1997£970,000136.59%
17 Jan 1996£410,00042.36%
30 Jun 1995£288,000First Sale
FLAT 1, 78 INVERNESS TERRACEFlat, LeaseholdArea: 48 Sq.mtrAge: before 190025 Aug 2020£675,000401.11%
24 Jun 1997£134,700First Sale
78A INVERNESS TERRACEFlat, LeaseholdArea: 79 Sq.mtrAge: before 190002 Dec 2019£850,00020.57%
10 Mar 2015£705,00028.18%
07 Dec 2009£550,00034.44%
30 Jan 2006£409,10148.76%
16 Jun 2000£275,000130.13%
14 Mar 1997£119,500First Sale
60 INVERNESS TERRACEFlat, LeaseholdArea: 75 Sq.mtrAge: 1900-192920 Jun 2019£912,500-8.75%
30 Aug 2013£1,000,00070.94%
04 May 2012£585,000192.50%
26 Oct 1998£200,000First Sale
FLAT 1, 62 INVERNESS TERRACEFlat, LeaseholdArea: 44 Sq.mtrAge: before 190027 Sep 2018£525,000First Sale
FLAT 10, 62 INVERNESS TERRACEFlat, LeaseholdArea: 52 Sq.mtrAge: 1900-192924 Jan 2014£690,00027.78%
29 Oct 2007£540,00066.15%
30 Jun 2006£325,000First Sale
FLAT 9, 58 INVERNESS TERRACEFlat, LeaseholdArea: 58 Sq.mtrAge: before 190004 Sep 2012£610,00022.00%
31 Aug 2007£500,000100.04%
21 Jul 2000£249,950First Sale
FLAT 11, 58 INVERNESS TERRACEFlat, LeaseholdArea: 52.64 Sq.mtrAge: before 190009 Mar 2012£487,00041.16%
05 Apr 2007£345,00018.97%
24 Feb 2006£290,0002.47%
27 Feb 2004£283,00013.65%
19 May 2003£249,000First Sale
FLAT 7, 62 INVERNESS TERRACEFlat, LeaseholdArea: 56.54 Sq.mtrAge: before 190030 Jul 2010£499,95056.23%
05 Mar 2004£320,0007.74%
04 May 2001£297,00068.75%
29 May 1998£176,000First Sale
FLAT 3, 62 INVERNESS TERRACEFlat, LeaseholdArea: 32 Sq.mtrAge: before 190009 Mar 2010£385,00079.07%
21 Oct 2005£215,00011.98%
21 Jul 2003£192,000First Sale
FLAT 5, 62 INVERNESS TERRACEFlat, LeaseholdArea: 51.19 Sq.mtrAge: before 190027 Apr 2009£415,000186.21%
20 Jan 1995£145,000First Sale
FLAT 1, 58 INVERNESS TERRACEFlat, Leasehold15 May 2008£250,0000.0
09 Oct 2002£250,0006.38%
09 Oct 2002£235,000First Sale
THIRD FLOOR FLAT, 78 INVERNESS TERRACEFlat, Leasehold30 May 2007£382,500First Sale
78 INVERNESS TERRACEFlat, Leasehold29 Jun 2006£440,000131.58%
19 Apr 1999£190,000First Sale
FLAT 8, 62 INVERNESS TERRACEFlat, LeaseholdArea: 83.45 Sq.mtrAge: before 190027 May 2003£280,000First Sale
FLAT 7, 58 INVERNESS TERRACEFlat, Leasehold02 Oct 2002£275,000First Sale
74 INVERNESS TERRACETerraced, FreeholdArea: 37 Sq.mtrAge: 1900-192903 Sep 1999£1,000,00044.93%
24 Sep 1997£690,000First Sale
FLAT 2, 62 INVERNESS TERRACEFlat, LeaseholdArea: 71.41 Sq.mtrAge: before 190014 Jan 1999£189,000First Sale
FLAT 9, 62 INVERNESS TERRACEFlat, Leasehold05 Jun 1998£173,500First Sale
FLAT 8, 58 INVERNESS TERRACEFlat, Leasehold10 Feb 1995£105,000First Sale

Check out the sold house prices near the W2 3LB postcode. Properties currently for saleProperties currently for rent

INVERNESS TERRACE, W2 3LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the W2 3LB 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 3LB postcode.

  • Flat
    • The average price is around £554,201 median price is £355,000 Standard Deviation is £777,212 with Total Sold: 11,964
    • The Last 5 Year average price is £1,084,282 with Total Sold: 1,235
    • The most recent sale happened at this postcode is FLAT 1, 33 CLANRICARDE GARDENS: £995,000 (Sold on 19 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 32, READING HOUSE HALLFIELD ESTATE: £76,000 (Sold on 03 Jan 1995)
  • Terraced
    • The average price is around £1,462,431 median price is £1,000,000 Standard Deviation is £1,475,287 with Total Sold: 868
    • The Last 5 Year average price is £2,667,671 with Total Sold: 136
    • The most recent sale happened at this postcode is , 8 REDE PLACE: £1,150,000 (Sold on 02 Jul 2024)
    • The first recorded sale happened at this postcode is , 6 BARK PLACE: £332,000 (Sold on 26 Jan 1995)
  • Other
    • The average price is around £5,137,817 median price is £1,530,000 Standard Deviation is £8,871,815 with Total Sold: 267
    • The Last 5 Year average price is £4,718,615 with Total Sold: 146
    • The most recent sale happened at this postcode is , 83 BISHOPS BRIDGE ROAD: £150,000 (Sold on 03 May 2024)
    • The first recorded sale happened at this postcode is STORAGE SPACE BS.03, MERITAS COURT 10 SALEM ROAD: £6,909 (Sold on 30 May 2012)
  • Detached
    • The average price is around £2,350,719 median price is £1,551,000 Standard Deviation is £3,072,031 with Total Sold: 36
    • The Last 5 Year average price is £4,422,500 with Total Sold: 6
    • The most recent sale happened at this postcode is , 17 PORCHESTER TERRACE: £7,500,000 (Sold on 30 Nov 2023)
    • The first recorded sale happened at this postcode is , 20 BARK PLACE: £245,000 (Sold on 28 Jun 1995)
  • Semi-Detached
    • The average price is around £2,401,291 median price is £1,562,500 Standard Deviation is £2,326,542 with Total Sold: 82
    • The Last 5 Year average price is £4,578,324 with Total Sold: 12
    • The most recent sale happened at this postcode is , 21A NEWTON ROAD: £4,000,000 (Sold on 02 Oct 2023)
    • The first recorded sale happened at this postcode is , 20 HEREFORD ROAD: £390,000 (Sold on 07 Jun 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£910,530 £13,143 99
2023£1,063,157 £12,793 224
2022£1,128,654 £12,830 239
2021£1,162,635 £13,988 273
2020£1,071,373 £14,043 189
2019£1,048,161 £13,307 211
2018£1,103,265 £13,074 249
2017£1,294,903 £14,210 255
2016£1,014,455 £14,867 265
2015£1,126,679 £13,899 281
2014£1,116,237 £13,897 374
2013£949,150 £11,674 327
2012£969,700 £10,534 296
2011£802,407 £9,308 329
2010£637,549 £8,704 372
2009£574,150 £7,421 282
2008£595,425 £7,511 248
2007£557,643 £7,852 625
2006£452,273 £6,325 634
2005£381,753 £5,869 472
2004£391,883 £5,415 506
2003£347,159 £5,070 454
2002£342,544 £4,903 666
2001£308,804 £4,259 584
2000£280,245 £3,840 660
1999£230,804 £3,164 715
1998£189,141 £2,740 564
1997£173,264 £2,298 587
1996£145,592 £1,889 569
1995£131,029 £1,803 415
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,053,286 £16,293 7
2023£2,286,724 £16,492 17
2022£2,945,460 £17,643 34
2021£2,853,458 £16,007 36
2020£2,538,300 £16,307 20
2019£2,541,807 £16,612 22
2018£2,822,232 £19,258 19
2017£3,221,029 £18,455 24
2016£2,543,147 £21,343 19
2015£2,320,242 £18,442 26
2014£2,960,615 £17,814 26
2013£2,277,308 £18,725 26
2012£1,767,472 £14,922 20
2011£1,498,436 £13,030 21
2010£2,021,938 £17,654 17
2009£1,293,375 £9,811 16
2008£1,405,250 £8,574 22
2007£1,520,547 £10,630 31
2006£1,036,904 £7,674 42
2005£951,056 £7,440 29
2004£1,057,921 £6,042 33
2003£1,071,449 £9,565 39
2002£792,612 £10,684 40
2001£825,660 £7,832 35
2000£870,231 £4,858 26
1999£609,378 £8,483 40
1998£458,107 £3,896 48
1997£431,987 £4,537 57
1996£409,731 £2,672 39
1995£347,777 £2,269 37
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£5,069,363 £7,140 13
2022£6,517,294 £15,401 25
2021£8,143,268 £59,307 31
2020£1,986,342 £10,468 27
2019£3,140,024 £21,499 49
2018£2,976,063 £5,875 31
2017£4,064,945 £7,041 36
2016£1,478,093 £786 15
2015£7,837,801 £17,770 22
2014£16,441,560 £11,333 15
2013£3,050,0001
2012£6,9091
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£7,800,000 £24,116 2
2022£2,622,500 £16,960 2
2021£2,845,000 £15,812 2
2017£1,775,000 £12,500 1
2016£1,800,000 £12,676 1
2015£3,100,000 £14,277 1
2014£4,600,0001
2012£9,950,000 £20,121 2
2011£2,418,625 £12,893 2
2008£860,000 £6,324 1
2006£1,155,000 £21,103 2
2004£2,490,000 £7,021 2
2003£1,800,000 £8,654 1
2002£706,850 £7,101 4
2001£528,167 £4,487 3
2000£140,000 £3,111 1
1999£1,474,417 £6,174 3
1997£705,000 £1,334 2
1996£749,2502
1995£245,000 £1,725 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£5,962,500 £25,183 4
2022£4,000,000 £19,231 1
2021£2,888,888 £19,006 1
2020£4,250,500 £20,486 2
2019£3,925,000 £16,133 4
2018£2,945,000 £19,791 3
2015£8,362,500 £18,903 4
2014£3,776,000 £11,006 2
2013£3,500,000 £11,667 1
2012£3,850,000 £11,609 2
2011£2,452,167 £13,121 3
2010£1,847,500 £10,915 2
2009£1,740,000 £11,314 3
2008£2,716,667 £7,237 3
2007£1,869,167 £8,880 6
2006£2,565,833 £10,529 6
2005£1,400,000 £4,536 3
2004£1,357,5002
2003£2,000,000 £6,765 1
2002£935,000 £7,305 1
2001£1,078,417 £4,460 6
2000£971,250 £4,711 6
1999£478,048 £3,001 7
1998£900,000 £3,044 2
1997£474,833 £3,675 3
1996£346,840 £2,223 2
1995£242,5002

House Type in W2 3LB area

The most common house types in the W2 3LB postcode area are Flat (97), Shared house (68), and commercial building (6).

Total180
Flat97
Shared house68
commercial building6
Semi-detached5
Detached1
Terraced1
converted building1
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (116), and Owned: Owns with a mortgage or loan (20).

Private rented: Private landlord or letting agency116
Owned: Owns with a mortgage or loan20
Owned: Owns outright16
Social rented: Rents from council or Local Authority12
Social rented: Other social rented9
Private rented: Other private rented6
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the W2 3LB have 1 person in household (103), and 2 people in household (50).

1 person in household103
2 people in household50
3 people in household17
4 people in household8
5 people in household1
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0