Housing Market Analysis for LANCASTER GATE, W2 3LP

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

Overview of Sold House prices

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

  • Other
    • The average price is around £17,487,500 median price is £17,487,500 Standard Deviation is £10,512,500 with Total Sold: 2
    • The Last 5 Year average price is £6,975,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 27 LANCASTER GATE: £6,975,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is 23 - 26 LANCASTER GATE: £28,000,000 (Sold on 01 Sep 2017)
  • Flat
    • The average price is around £627,123 median price is £460,000 Standard Deviation is £449,509 with Total Sold: 81
    • The Last 5 Year average price is £1,320,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 7, 33 - 35 LANCASTER GATE: £625,000 (Sold on 17 Feb 2017)
    • The first recorded sale happened at this postcode is FLAT 3, 22 LANCASTER GATE: £1,320,000 (Sold on 13 Jul 2021)
  • Terraced
    • The average price is around £1,670,000 median price is £1,710,000 Standard Deviation is £604,869 with Total Sold: 3
    • The most recent sale happened at this postcode is 30 LANCASTER GATE: £2,390,000 (Sold on 18 Feb 1999)
    • The first recorded sale happened at this postcode is 28A LANCASTER GATE: £910,000 (Sold on 28 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average W2 3LP 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£6,975,0001
2017£28,000,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£912,500 £13,970 2
2016£1,230,000 £14,643 1
2015£1,600,0001
2014£1,543,333 £16,406 3
2012£1,585,000 £12,389 2
2009£1,725,000 £10,059 1
2008£862,5001
2007£1,271,250 £9,355 4
2006£500,0002
2005£720,000 £6,020 2
2004£656,667 £6,013 3
2003£463,3333
2002£629,857 £4,495 7
2001£1,200,000 £6,326 1
2000£418,333 £2,617 3
1999£369,700 £4,170 15
1998£611,250 £3,344 4
1997£402,833 £3,363 6
1996£330,420 £3,249 19
2021£1,320,000 £15,714 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£2,390,0001
1996£1,710,0001
1995£910,0001

All the Sales in the LANCASTER GATE, W2 3LP

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

AddressSold DatePrice% Change
27 LANCASTER GATEOther, Freehold30 Sep 2022£6,975,000First Sale
23 - 26 LANCASTER GATEOther, Freehold01 Sep 2017£28,000,000First Sale
FLAT 7, 33 - 35 LANCASTER GATEFlat, LeaseholdArea: 44.74 Sq.mtrAge: 1900-192917 Feb 2017£625,000303.23%
08 Feb 1996£155,000First Sale
FLAT 19, 33 - 35 LANCASTER GATEFlat, Leasehold04 Jan 2017£1,200,00039.13%
27 Feb 2008£862,500165.38%
02 Apr 1996£325,000First Sale
FLAT 3, 22 LANCASTER GATEFlat, LeaseholdArea: 84 Sq.mtrAge: before 190005 May 2016£1,230,000106.72%
30 Apr 2004£595,00088.89%
24 Dec 1997£315,000-76.14%
13 Jul 2021£1,320,000First Sale
FLAT 16, 33 - 35 LANCASTER GATEFlat, Leasehold06 Nov 2015£1,600,000140.60%
18 Jul 2002£665,00040.00%
08 May 2000£475,00013.77%
03 Sep 1999£417,50026.52%
25 Apr 1996£330,000First Sale
FLAT 17, 33 - 35 LANCASTER GATEFlat, LeaseholdArea: 98 Sq.mtrAge: 1991-199522 Sep 2014£1,650,000179.66%
13 Jun 2005£590,00076.12%
02 Apr 1996£335,000First Sale
FLAT 20, 33 - 35 LANCASTER GATEFlat, LeaseholdArea: 83 Sq.mtrAge: before 190027 Aug 2014£1,475,000126.92%
02 Apr 2007£650,00041.30%
02 Apr 2004£460,00033.33%
01 Oct 1999£345,0008.49%
02 Apr 1996£318,000First Sale
FLAT 6, 29 LANCASTER GATEFlat, LeaseholdArea: 103 Sq.mtrAge: 1991-199523 May 2014£1,505,000274.38%
15 Oct 1999£402,000First Sale
FLAT 2, 29 LANCASTER GATEFlat, Leasehold15 Oct 2012£1,770,000179.62%
19 Jul 2002£633,00042.25%
17 Feb 2000£445,0006.71%
28 Nov 1997£417,000First Sale
FLAT 4, 22 LANCASTER GATEFlat, LeaseholdArea: 113 Sq.mtrAge: 1900-192917 Sep 2012£1,400,000283.56%
15 Dec 1997£365,000First Sale
FLAT 1, 22 LANCASTER GATEFlat, LeaseholdArea: 171.48 Sq.mtrAge: before 190007 Oct 2009£1,725,00032.69%
15 Jan 2007£1,300,000162.63%
30 Jan 1998£495,000First Sale
FLAT 6, 22 LANCASTER GATEFlat, LeaseholdArea: 189.7 Sq.mtrAge: before 190027 Sep 2007£2,400,000100.00%
14 May 2001£1,200,00050.94%
15 Jan 1998£795,000First Sale
FLAT 18, 33 - 35 LANCASTER GATEFlat, Leasehold23 Feb 2007£735,00027.83%
02 Aug 2002£575,000First Sale
FLAT 7, 22 LANCASTER GATEFlat, Leasehold30 Oct 2006£250,000First Sale
FLAT 1, 29 LANCASTER GATEFlat, Leasehold09 Oct 2006£750,00092.31%
01 Aug 2003£390,00018.18%
10 Dec 1997£330,000First Sale
FLAT 12, 33 - 35 LANCASTER GATEFlat, Leasehold27 May 2005£850,00084.48%
02 Apr 1996£460,750First Sale
FLAT 3, 29 LANCASTER GATEFlat, LeaseholdArea: 169 Sq.mtrAge: before 190022 Oct 2004£915,00040.77%
25 Nov 1997£650,000First Sale
FLAT 5, 33 - 35 LANCASTER GATEFlat, Leasehold25 Jul 2003£450,0008.43%
29 Sep 1999£415,00041.64%
21 Mar 1996£293,000First Sale
FLAT 10, 33 - 35 LANCASTER GATEFlat, Leasehold02 Jul 2003£550,00074.60%
09 Sep 1999£315,000-2.48%
21 Aug 1996£323,000First Sale
FLAT 22, 33 - 35 LANCASTER GATEFlat, LeaseholdArea: 76.7 Sq.mtrAge: 1996-200225 Sep 2002£375,00030.38%
02 Apr 1996£287,625First Sale
FLAT 14, 33 - 35 LANCASTER GATEFlat, Leasehold15 Aug 2002£1,200,000158.06%
08 Aug 1996£465,000First Sale
FLAT 21, 33 - 35 LANCASTER GATEFlat, Leasehold05 Jul 2002£436,00047.80%
02 Apr 1996£295,000First Sale
FLAT 1, 34 LANCASTER GATEFlat, LeaseholdArea: 128 Sq.mtrAge: 1900-192931 Jan 2002£525,00056.72%
21 Jan 2000£335,0008.94%
07 May 1996£307,500First Sale
THIRD FLOOR FLAT E, 28 LANCASTER GATEFlat, Leasehold24 Dec 1999£150,000First Sale
28A LANCASTER GATEFlat, Leasehold24 Dec 1999£165,000-90.35%
15 Oct 1996£1,710,00087.91%
28 Dec 1995£910,000First Sale
FOURTH FLOOR FLAT F, 28 LANCASTER GATEFlat, Leasehold24 Dec 1999£150,000First Sale
SECOND FLOOR FLAT D, 28 LANCASTER GATEFlat, Leasehold24 Dec 1999£450,000First Sale
FIRST FLOOR FLAT C, 28 LANCASTER GATEFlat, Leasehold23 Dec 1999£650,000First Sale
GROUND FLOOR FLAT B, 28 LANCASTER GATEFlat, Leasehold23 Dec 1999£550,000First Sale
FLAT 23, 33 - 35 LANCASTER GATEFlat, Leasehold02 Sep 1999£340,00017.24%
02 Apr 1996£290,000First Sale
FLAT 2, 33 - 35 LANCASTER GATEFlat, Leasehold27 Jul 1999£313,00016.60%
02 Apr 1996£268,450First Sale
FLAT 4, 29 LANCASTER GATEFlat, LeaseholdArea: 122 Sq.mtrAge: before 190029 Jun 1999£543,000First Sale
FLAT 3, 33 - 35 LANCASTER GATEFlat, Leasehold12 May 1999£340,00022.74%
22 Aug 1996£277,000First Sale
30 LANCASTER GATETerraced, Freehold18 Feb 1999£2,390,000First Sale
FLAT 2, 22 LANCASTER GATEFlat, LeaseholdArea: 283.06 Sq.mtrAge: before 190002 Mar 1998£750,000First Sale
FLAT 5, 29 LANCASTER GATEFlat, LeaseholdArea: 111 Sq.mtrAge: 1900-192930 Jan 1998£405,000First Sale
FLAT 5, 22 LANCASTER GATEFlat, LeaseholdArea: 129.48 Sq.mtrAge: before 190012 Dec 1997£340,000First Sale
FLAT 9, 33 - 35 LANCASTER GATEFlat, Leasehold06 Sep 1996£420,000First Sale
FLAT 8, 34 LANCASTER GATEFlat, LeaseholdArea: 140.59 Sq.mtrAge: before 190001 Jul 1996£475,000First Sale
FLAT 6, 33 - 35 LANCASTER GATEFlat, LeaseholdArea: 69 Sq.mtrAge: before 190016 Apr 1996£172,500First Sale
FLAT 11, 33 - 35 LANCASTER GATEFlat, Leasehold28 Feb 1996£480,150First Sale

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

LANCASTER GATE, W2 3LP Near By properties

Interactive Map

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

  • Flat
    • The average price is around £558,385 median price is £355,000 Standard Deviation is £754,163 with Total Sold: 7,686
    • The Last 5 Year average price is £1,019,114 with Total Sold: 802
    • 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 £1,314,422 median price is £950,000 Standard Deviation is £1,389,542 with Total Sold: 695
    • The Last 5 Year average price is £2,397,090 with Total Sold: 89
    • 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 £5,083,341 median price is £1,600,000 Standard Deviation is £10,196,750 with Total Sold: 185
    • The Last 5 Year average price is £4,473,962 with Total Sold: 111
    • 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 £1,706,781 median price is £860,000 Standard Deviation is £1,952,971 with Total Sold: 13
    • 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 £1,525,147 median price is £900,000 Standard Deviation is £1,726,689 with Total Sold: 33
    • The Last 5 Year average price is £4,200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 27 PORCHESTER TERRACE: £4,200,000 (Sold on 02 Sep 2019)
    • The first recorded sale happened at this postcode is FLAT 8, 49 - 50 : £95,000 (Sold on 24 Jul 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£872,492 £11,734 65
2023£1,095,518 £12,324 146
2022£1,071,589 £12,256 146
2021£976,708 £12,147 167
2020£950,392 £12,887 125
2019£1,060,852 £12,308 153
2018£1,112,138 £12,238 147
2017£1,491,490 £14,380 149
2016£952,396 £12,439 146
2015£1,060,724 £12,622 170
2014£1,162,305 £13,363 239
2013£1,049,657 £11,533 218
2012£1,060,073 £10,154 196
2011£853,414 £9,037 222
2010£654,862 £8,348 241
2009£604,507 £7,501 186
2008£621,863 £7,438 167
2007£566,630 £7,734 423
2006£453,912 £6,029 434
2005£365,023 £5,893 335
2004£401,270 £5,458 306
2003£360,018 £5,079 305
2002£342,522 £4,990 423
2001£323,768 £4,277 410
2000£264,355 £3,567 341
1999£235,012 £3,067 427
1998£191,819 £2,698 378
1997£178,326 £2,288 393
1996£145,759 £1,825 369
1995£136,336 £1,739 259
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,337,500 £12,731 4
2023£2,115,385 £14,146 13
2022£2,701,348 £17,735 28
2021£2,359,639 £15,534 18
2020£2,270,542 £16,425 18
2019£2,188,750 £13,435 8
2018£2,132,033 £20,369 10
2017£3,411,121 £16,820 21
2016£2,692,265 £21,237 17
2015£2,485,972 £17,802 23
2014£2,853,500 £19,205 16
2013£2,388,700 £20,958 15
2012£1,533,593 £14,943 14
2011£1,620,711 £12,899 19
2010£1,466,841 £9,845 16
2009£1,432,364 £10,416 11
2008£1,149,667 £8,100 15
2007£1,345,938 £9,896 24
2006£1,176,949 £7,667 37
2005£913,913 £7,782 20
2004£940,529 £5,057 30
2003£835,969 £10,185 32
2002£795,083 £10,660 43
2001£767,455 £8,289 33
2000£937,661 £5,146 31
1999£628,650 £12,899 30
1998£477,720 £4,088 37
1997£345,136 £3,906 57
1996£366,131 £2,746 24
1995£367,423 £2,346 31
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£46,2502
2023£6,707,9408
2022£6,207,682 £12,847 13
2021£11,477,41613
2020£4,575,647 £9,619 17
2019£2,330,370 £14,518 58
2018£1,670,423 £7,348 14
2017£4,369,304 £7,373 25
2016£2,911,508 £3,595 12
2015£2,904,672 £5,757 10
2014£20,346,25012
2013£3,050,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£7,500,000 £24,116 1
2021£2,190,000 £14,797 1
2008£860,000 £6,324 1
2004£3,750,0001
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£4,200,000 £16,154 1
2018£4,000,000 £16,878 1
2015£7,250,0001
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£806,875 £4,050 4
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£95,0001

House Type in W2 3LP area

The most common house types in the W2 3LP postcode area are Flat (83), Shared house (41), and commercial building (5).

Total134
Flat83
Shared house41
commercial building5
Terraced3
converted building2
Detached0
Semi-detached0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (88), and Owned: Owns outright (17).

Private rented: Private landlord or letting agency88
Owned: Owns outright17
Social rented: Other social rented12
Private rented: Other private rented9
Owned: Owns with a mortgage or loan6
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the W2 3LP have 1 person in household (57), and 2 people in household (41).

1 person in household57
2 people in household41
3 people in household23
4 people in household8
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0