Housing Market Analysis for LANCASTER GATE, W2 3LH

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

Overview of Sold House prices

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

Flat
- The average price is around £1,210,367 median price is £1,100,000 Standard Deviation is £693,651 with Total Sold: 38
- The Last 5 Year average price is £1,463,000 with Total Sold: 5
- The most recent sale happened at this postcode is FLAT B, 19 - 21 LANCASTER GATE: £1,150,000 (Sold on 13 Jul 2022)
- The first recorded sale happened at this postcode is FLAT 5, 14 LANCASTER GATE: £750,000 (Sold on 12 Apr 2024)
Other
- The average price is around £18,873,116 median price is £18,873,116 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £18,873,116 with Total Sold: 1
- The most recent sale happened at this postcode is 10 LANCASTER GATE: £18,873,116 (Sold on 01 Jul 2022)
- The first recorded sale happened at this postcode is 10 LANCASTER GATE: £18,873,116 (Sold on 01 Jul 2022)
Terraced
- The average price is around £3,000,000 median price is £3,000,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 18 LANCASTER GATE: £3,000,000 (Sold on 06 Sep 2001)
- The first recorded sale happened at this postcode is 18 LANCASTER GATE: £3,000,000 (Sold on 06 Sep 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average W2 3LH 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
2022	£1,120,000	£9,699	2
2021	£1,500,000	£14,201	1
2019	£2,825,000	£20,153	1
2018	£435,259	£2,583	1
2014	£2,590,000	£20,955	2
2012	£1,100,000	£9,832	1
2010	£1,730,000	£6,838	2
2009	£1,217,250	£9,466	4
2007	£699,950	£6,256	1
2006	£1,392,900	£8,257	5
2005	£867,179	£6,540	7
2004	£455,000	£5,909	1
2003	£875,000	£8,284	2
2002	£1,099,286	£7,600	7
2024	£750,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£18,873,116		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£3,000,000	£61,087	1

All the Sales in the LANCASTER GATE, W2 3LH

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

Address	Sold Date	Price	% Change
FLAT B, 19 - 21 LANCASTER GATEFlat, LeaseholdArea: 219.37 Sq.mtrAge: 2003-2006	13 Jul 2022	£1,150,000	-23.33%
	23 Dec 2010	£1,500,000	First Sale
10 LANCASTER GATEOther, Freehold	01 Jul 2022	£18,873,116	First Sale
FLAT 3, 14 LANCASTER GATEFlat, LeaseholdArea: 77 Sq.mtrAge: before 1900	07 Feb 2022	£1,090,000	139.56%
	05 Nov 2004	£455,000	First Sale
FLAT E, 17 LANCASTER GATEFlat, LeaseholdArea: 105.63 Sq.mtrAge: before 1900	06 Aug 2021	£1,500,000	71.43%
	18 Nov 2003	£875,000	First Sale
15D LANCASTER GATEFlat, LeaseholdArea: 140.18 Sq.mtrAge: before 1900	18 Jan 2019	£2,825,000	103.38%
	05 Jun 2009	£1,389,000	23.47%
	12 Apr 2006	£1,125,000	7.14%
	07 Feb 2002	£1,050,000	First Sale
FLAT 2, 14 LANCASTER GATEFlat, LeaseholdArea: 168.5 Sq.mtrAge: before 1900	09 Mar 2018	£435,259	-81.48%
	11 Sep 2009	£2,350,000	42.42%
	31 Oct 2005	£1,650,000	First Sale
FLAT 4, 14 LANCASTER GATEFlat, LeaseholdArea: 69.58 Sq.mtrAge: before 1900	17 Nov 2014	£1,230,000	92.19%
	21 Apr 2009	£640,000	45.45%
	07 Mar 2005	£440,000	First Sale
FLAT B, 17 LANCASTER GATEFlat, LeaseholdArea: 163 Sq.mtrAge: before 1900	28 May 2014	£3,950,000	First Sale
FLAT 7, 14 LANCASTER GATEFlat, LeaseholdArea: 111.88 Sq.mtrAge: before 1900	16 Mar 2012	£1,100,000	57.15%
	09 Feb 2007	£699,950	29.62%
	22 Mar 2005	£540,000	First Sale
FLAT K, 19 - 21 LANCASTER GATEFlat, Leasehold	21 Jul 2010	£1,960,000	First Sale
FLAT 6, 14 LANCASTER GATEFlat, LeaseholdArea: 101.89 Sq.mtrAge: before 1900	10 Jul 2009	£490,000	First Sale
E, 15 LANCASTER GATEFlat, LeaseholdArea: 153 Sq.mtrAge: before 1900	13 Dec 2006	£1,295,000	19.91%
	13 Jun 2002	£1,080,000	First Sale
FLAT D, 19 - 21 LANCASTER GATEFlat, Leasehold	27 Jun 2006	£1,700,000	First Sale
FLAT M, 19 - 21 LANCASTER GATEFlat, Leasehold	28 Apr 2006	£1,185,000	First Sale
FLAT G, 19 - 21 LANCASTER GATEFlat, LeaseholdArea: 200.39 Sq.mtrAge: before 1900	17 Mar 2006	£1,659,500	First Sale
FLAT H, 19 - 21 LANCASTER GATEFlat, Leasehold	05 Dec 2005	£1,500,000	First Sale
FLAT A, 19 - 21 LANCASTER GATEFlat, Leasehold	11 Nov 2005	£370,000	First Sale
FLAT J, 19 - 21 LANCASTER GATEFlat, LeaseholdArea: 74.16 Sq.mtrAge: before 1900	31 Oct 2005	£470,250	First Sale
FLAT A, 17 LANCASTER GATEFlat, LeaseholdArea: 203 Sq.mtrAge: before 1900	03 May 2005	£1,100,000	First Sale
FLAT C, 17 LANCASTER GATEFlat, Leasehold	11 Nov 2003	£875,000	First Sale
FLAT B, 15 LANCASTER GATEFlat, Leasehold	24 Apr 2002	£1,100,000	First Sale
C, 15 LANCASTER GATEFlat, LeaseholdArea: 203.56 Sq.mtrAge: before 1900	24 Apr 2002	£1,520,000	First Sale
A, 15 LANCASTER GATEFlat, Leasehold	24 Apr 2002	£1,080,000	First Sale
FLAT G, 15 LANCASTER GATEFlat, LeaseholdArea: 108 Sq.mtrAge: 1900-1929	24 Apr 2002	£900,000	First Sale
F, 15 LANCASTER GATEFlat, LeaseholdArea: 126.14 Sq.mtrAge: before 1900	08 Mar 2002	£965,000	First Sale
18 LANCASTER GATETerraced, FreeholdArea: 49.11 Sq.mtrAge: before 1900	06 Sep 2001	£3,000,000	First Sale
FLAT 5, 14 LANCASTER GATEFlat, Leasehold	12 Apr 2024	£750,000	First Sale

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

LANCASTER GATE, W2 3LH Near By properties

Interactive Map

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

Flat
- The average price is around £598,883 median price is £375,000 Standard Deviation is £847,796 with Total Sold: 6,998
- The Last 5 Year average price is £1,098,787 with Total Sold: 736
- 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 32, READING HOUSE HALLFIELD ESTATE: £76,000 (Sold on 03 Jan 1995)
Terraced
- The average price is around £1,323,984 median price is £950,000 Standard Deviation is £1,397,278 with Total Sold: 779
- The Last 5 Year average price is £2,472,958 with Total Sold: 95
- The most recent sale happened at this postcode is , 32 LANCASTER MEWS: £3,650,000 (Sold on 03 May 2024)
- The first recorded sale happened at this postcode is , 18 TALBOT SQUARE: £740,000 (Sold on 05 Jan 1995)
Other
- The average price is around £5,242,330 median price is £1,950,000 Standard Deviation is £10,140,772 with Total Sold: 187
- The Last 5 Year average price is £4,616,967 with Total Sold: 108
- 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 , 5 INVERNESS MEWS: £3,050,000 (Sold on 06 Nov 2013)
Detached
- The average price is around £1,793,796 median price is £980,000 Standard Deviation is £1,907,903 with Total Sold: 14
- The Last 5 Year average price is £4,845,000 with Total Sold: 2
- 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 FLAT 77, WINCHESTER HOUSE HALLFIELD ESTATE: £83,000 (Sold on 19 Jun 1997)
Semi-Detached
- The average price is around £1,507,634 median price is £895,000 Standard Deviation is £1,680,589 with Total Sold: 36
- The Last 5 Year average price is £3,482,500 with Total Sold: 2
- The most recent sale happened at this postcode is , 25 HYDE PARK GARDENS MEWS: £2,765,000 (Sold on 04 Sep 2020)
- The first recorded sale happened at this postcode is , 25 HYDE PARK GARDENS MEWS: £505,000 (Sold on 16 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£897,068	£12,713	59
2023	£1,164,538	£12,917	130
2022	£1,154,784	£12,663	136
2021	£1,073,357	£12,493	152
2020	£1,095,950	£13,407	120
2019	£1,098,384	£12,748	139
2018	£1,325,170	£12,706	130
2017	£1,507,911	£13,395	135
2016	£1,041,279	£12,621	135
2015	£1,175,877	£13,109	166
2014	£1,246,287	£13,697	223
2013	£1,096,360	£11,843	202
2012	£1,135,628	£10,643	178
2011	£887,562	£9,205	198
2010	£688,057	£8,715	216
2009	£636,734	£7,742	181
2008	£639,599	£7,538	153
2007	£604,445	£7,981	380
2006	£474,024	£6,103	402
2005	£384,648	£6,027	302
2004	£426,655	£5,669	278
2003	£371,811	£5,192	280
2002	£353,358	£5,107	382
2001	£335,626	£4,350	384
2000	£298,179	£3,682	303
1999	£251,008	£3,196	385
1998	£202,543	£2,772	334
1997	£193,311	£2,374	346
1996	£153,761	£1,855	338
1995	£152,345	£1,782	231

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,466,667	£11,017	3
2023	£2,225,000	£15,267	14
2022	£2,701,348	£17,735	28
2021	£2,424,452	£15,952	21
2020	£2,403,488	£16,463	20
2019	£2,417,778	£16,494	9
2018	£2,192,757	£20,789	11
2017	£3,592,342	£18,224	25
2016	£2,764,917	£21,902	18
2015	£2,535,515	£17,885	24
2014	£2,797,555	£18,269	18
2013	£2,414,025	£20,025	20
2012	£1,562,206	£14,613	16
2011	£1,608,175	£13,208	20
2010	£1,469,445	£10,416	19
2009	£1,388,462	£10,865	13
2008	£1,217,389	£8,309	18
2007	£1,321,507	£9,644	29
2006	£1,173,603	£7,712	40
2005	£927,721	£7,173	26
2004	£922,934	£5,400	32
2003	£820,540	£9,905	37
2002	£799,746	£10,660	45
2001	£713,892	£7,608	37
2000	£898,327	£4,109	34
1999	£611,636	£12,337	35
1998	£480,491	£4,120	42
1997	£341,793	£3,805	64
1996	£362,612	£2,826	28
1995	£375,185	£2,301	33

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,014,167		3
2023	£7,733,800		7
2022	£6,207,682	£12,847	13
2021	£9,723,986		16
2020	£4,789,919	£6,814	18
2019	£2,332,376	£11,524	51
2018	£1,985,423	£10,600	14
2017	£5,113,904	£9,379	25
2016	£2,943,006	£5,399	16
2015	£2,886,065	£5,757	11
2014	£20,346,250		12
2013	£3,050,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£7,500,000	£24,116	1
2021	£2,190,000	£14,797	1
2014	£2,925,000	£11,164	1
2008	£860,000	£6,324	1
2004	£3,750,000		1
2002	£898,700	£8,886	2
2001	£528,167	£4,487	3
1999	£1,474,417	£6,174	3
1997	£83,000	£1,334	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£2,765,000	£29,992	1
2019	£4,200,000	£16,154	1
2018	£4,000,000	£16,878	1
2015	£7,250,000		1
2013	£3,500,000	£11,667	1
2007	£1,088,750	£7,556	4
2006	£3,700,000	£8,083	3
2003	£2,000,000	£6,765	1
2002	£935,000	£7,305	1
2001	£573,500	£3,480	3
2000	£780,500	£4,002	5
1999	£788,048	£3,256	7
1998	£900,000	£3,044	2
1997	£277,500	£2,478	1
1996	£176,500	£1,784	2
1995	£300,000	£5,478	2

House Type in W2 3LH area

The most common house types in the W2 3LH postcode area are Flat (74), Shared house (33), and Terraced (30).

Total	147
Flat	74
Shared house	33
Terraced	30
commercial building	5
Semi-detached	3
converted building	2
Detached	0
temporary structure	0

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 (27).

Private rented: Private landlord or letting agency	91
Owned: Owns outright	27
Owned: Owns with a mortgage or loan	17
Social rented: Other social rented	5
Private rented: Other private rented	5
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0

Number of People in a Household

The most houses in the W2 3LH have 2 people in household (64), and 1 person in household (61).

2 people in household	64
1 person in household	61
3 people in household	16
4 people in household	5
7 people in household	1
0 people in household	0
5 people in household	0
6 people in household	0
8 or more people in household	0