Housing Market Analysis for LANCASTER GATE, W2 3NH

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

Overview of Sold House prices

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

Flat
- The average price is around £4,479,314 median price is £3,675,000 Standard Deviation is £3,516,701 with Total Sold: 56
- The Last 5 Year average price is £3,937,000 with Total Sold: 10
- The most recent sale happened at this postcode is APARTMENT 1, 81 LANCASTER GATE: £750,000 (Sold on 17 Feb 2023)
- The first recorded sale happened at this postcode is APARTMENT 7, 89 LANCASTER GATE: £7,200,000 (Sold on 04 Oct 2023)
Other
- The average price is around £18,075,000 median price is £18,075,000 Standard Deviation is £14,925,000 with Total Sold: 2
- The Last 5 Year average price is £33,000,000 with Total Sold: 1
- The most recent sale happened at this postcode is 72 - 74 LANCASTER GATE: £33,000,000 (Sold on 02 Feb 2023)
- The first recorded sale happened at this postcode is 86 LANCASTER GATE: £3,150,000 (Sold on 07 Mar 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average W2 3NH 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	£5,050,000	£9,615	3
2021	£7,000,000	£27,451	1
2020	£4,000,000		2
2019	£6,100,000		1
2018	£6,750,000	£18,868	4
2017	£1,000,000	£18,868	1
2015	£1,931,333		3
2014	£3,801,429	£21,649	7
2013	£5,737,972	£25,000	9
2012	£5,293,257	£19,921	11
2011	£3,745,455	£20,876	11
2024	£1,040,000		3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£33,000,000		1
2014	£3,150,000		1

All the Sales in the LANCASTER GATE, W2 3NH

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

Address	Sold Date	Price	% Change
APARTMENT 1, 81 LANCASTER GATEFlat, LeaseholdArea: 78 Sq.mtrAge: before 1900	17 Feb 2023	£750,000	First Sale
72 - 74 LANCASTER GATEOther, Freehold	02 Feb 2023	£33,000,000	First Sale
APARTMENT 6, 85 LANCASTER GATEFlat, LeaseholdArea: 255 Sq.mtrAge: 1900-1929	29 Jun 2021	£7,000,000	First Sale
APARTMENT 4, 79 LANCASTER GATEFlat, Leasehold	23 Oct 2020	£6,000,000	First Sale
APARTMENT 2, 79 LANCASTER GATEFlat, Leasehold	09 Apr 2020	£2,000,000	38.50%
	06 Mar 2015	£1,444,000	-37.22%
	28 Mar 2013	£2,300,000	First Sale
APARTMENT 9, 79 LANCASTER GATEFlat, Leasehold	04 Mar 2019	£6,100,000	First Sale
80A LANCASTER GATEFlat, Leasehold	28 Dec 2018	£1,300,000	30.00%
80A LANCASTER GATEFlat, Leasehold	10 Feb 2012	£1,000,000	First Sale
APARTMENT 8, 87 LANCASTER GATEFlat, Leasehold	13 Sep 2018	£15,500,000	First Sale
78A LANCASTER GATEFlat, LeaseholdArea: 53 Sq.mtrAge: before 1900	11 Jun 2018	£1,000,000	0.0
	21 Nov 2017	£1,000,000	-13.04%
	28 Feb 2014	£1,150,000	First Sale
APARTMENT 5, 89 LANCASTER GATEFlat, Leasehold	05 Jun 2018	£9,200,000	7.60%
APARTMENT 5, 89 LANCASTER GATEFlat, Leasehold	08 Feb 2012	£8,550,000	First Sale
APARTMENT A, 82 LANCASTER GATEFlat, Leasehold	09 Nov 2015	£1,100,000	10.33%
APARTMENT A, 82 LANCASTER GATEFlat, Leasehold	28 Sep 2012	£997,047	First Sale
84H LANCASTER GATEFlat, Leasehold	28 Aug 2015	£3,250,000	First Sale
APARTMENT 2, 85 LANCASTER GATEFlat, Leasehold	19 Sep 2014	£3,060,000	13.33%
APARTMENT 2, 85 LANCASTER GATEFlat, Leasehold	21 Jun 2013	£2,700,000	First Sale
APARTMENT 5, 85 LANCASTER GATEFlat, Leasehold	03 Jun 2014	£8,650,000	First Sale
APARTMENT 3, 79 LANCASTER GATEFlat, Leasehold	30 May 2014	£6,300,000	28.57%
APARTMENT 3, 79 LANCASTER GATEFlat, Leasehold	13 Jan 2012	£4,900,000	First Sale
APARTMENT A, 84 LANCASTER GATEFlat, Leasehold	28 May 2014	£1,070,000	29.70%
APARTMENT A, 84 LANCASTER GATEFlat, Leasehold	25 Oct 2011	£825,000	First Sale
APARTMENT 11, 85 LANCASTER GATEFlat, Leasehold	15 May 2014	£5,300,000	First Sale
86A LANCASTER GATEFlat, LeaseholdArea: 50 Sq.mtrAge: 1930-1949	16 Apr 2014	£1,080,000	8.43%
	19 Oct 2012	£996,049	First Sale
86 LANCASTER GATEOther, Leasehold	07 Mar 2014	£3,150,000	First Sale
APARTMENT 4, 83 LANCASTER GATEFlat, Leasehold	28 Aug 2013	£6,600,000	32.00%
APARTMENT 4, 83 LANCASTER GATEFlat, Leasehold	30 Sep 2011	£5,000,000	First Sale
APARTMENT 11, 79 LANCASTER GATEFlat, LeaseholdArea: 151 Sq.mtrAge: 2007-2011	28 May 2013	£4,100,000	First Sale
APARTMENT 7, 79 LANCASTER GATEFlat, Leasehold	10 May 2013	£7,750,000	First Sale
APARTMENT 8, 79 LANCASTER GATEFlat, Leasehold	15 Apr 2013	£7,562,000	First Sale
APARTMENT 6, 83 LANCASTER GATEFlat, LeaseholdArea: 257 Sq.mtrAge: before 1900	15 Mar 2013	£7,372,570	First Sale
APARTMENT 7, 89 LANCASTER GATEFlat, Leasehold	24 Jan 2013	£10,632,177	47.67%
	04 Oct 2023	£7,200,000	0.0
	04 Oct 2023	£7,200,000	First Sale
78 LANCASTER GATEFlat, LeaseholdArea: 137 Sq.mtrAge: 2007-2011	04 Jan 2013	£2,625,000	First Sale
APARTMENT 7, 87 LANCASTER GATEFlat, Leasehold	10 Dec 2012	£7,573,480	First Sale
APARTMENT 2, 89 LANCASTER GATEFlat, Leasehold	30 Nov 2012	£2,259,042	768.86%
	12 Jan 2024	£260,000	-90.00%
	12 Jan 2024	£2,600,000	900.00%
	12 Jan 2024	£260,000	First Sale
APARTMENT 6, 89 LANCASTER GATEFlat, Leasehold	29 Oct 2012	£7,569,495	First Sale
APARTMENT 9, 87 LANCASTER GATEFlat, Leasehold	19 Oct 2012	£13,650,000	First Sale
APARTMENT 1, 79 LANCASTER GATEFlat, Leasehold	25 Sep 2012	£850,000	First Sale
APARTMENT 7, 83 LANCASTER GATEFlat, Leasehold	18 Jun 2012	£9,880,709	First Sale
APARTMENT 4, 89 LANCASTER GATEFlat, Leasehold	20 Dec 2011	£5,350,000	First Sale
APARTMENT 1, 85 LANCASTER GATEFlat, Leasehold	13 Dec 2011	£825,000	First Sale
APARTMENT 10, 85 LANCASTER GATEFlat, Leasehold	09 Dec 2011	£5,150,000	First Sale
APARTMENT 4, 87 LANCASTER GATEFlat, Leasehold	17 Nov 2011	£5,550,000	First Sale
APARTMENT 5, 83 LANCASTER GATEFlat, Leasehold	11 Nov 2011	£7,875,000	First Sale
APARTMENT 1, 83 LANCASTER GATEFlat, Leasehold	25 Oct 2011	£900,000	First Sale
APARTMENT 3, 83 LANCASTER GATEFlat, Leasehold	12 Oct 2011	£5,050,000	First Sale
82 LANCASTER GATEFlat, Leasehold	01 Sep 2011	£2,650,000	First Sale
APARTMENT 2, 81 LANCASTER GATEFlat, LeaseholdArea: 97 Sq.mtrAge: before 1900	20 Jul 2011	£2,025,000	First Sale

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

LANCASTER GATE, W2 3NH Near By properties

Interactive Map

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

Flat
- The average price is around £564,606 median price is £355,000 Standard Deviation is £800,144 with Total Sold: 6,756
- The Last 5 Year average price is £1,010,774 with Total Sold: 694
- The most recent sale happened at this postcode is , 33 BROOK MEWS NORTH: £990,000 (Sold on 04 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 £1,414,194 median price is £1,000,000 Standard Deviation is £1,462,028 with Total Sold: 665
- The Last 5 Year average price is £2,604,954 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 , 6 BARK PLACE: £332,000 (Sold on 26 Jan 1995)
Other
- The average price is around £4,534,317 median price is £1,952,500 Standard Deviation is £8,163,884 with Total Sold: 156
- The Last 5 Year average price is £3,859,271 with Total Sold: 96
- 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 STORAGE SPACE BS.03, MERITAS COURT 10 SALEM ROAD: £6,909 (Sold on 30 May 2012)
Detached
- The average price is around £2,739,376 median price is £1,775,000 Standard Deviation is £3,812,964 with Total Sold: 19
- The Last 5 Year average price is £4,396,667 with Total Sold: 3
- 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 £1,721,457 median price is £900,000 Standard Deviation is £1,755,539 with Total Sold: 27
- The Last 5 Year average price is £3,400,000 with Total Sold: 2
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£887,246	£11,806	61
2023	£1,009,910	£11,967	123
2022	£1,105,468	£12,278	124
2021	£1,027,261	£12,520	146
2020	£910,658	£13,134	114
2019	£1,049,707	£12,742	126
2018	£1,100,717	£12,431	124
2017	£1,545,607	£14,062	138
2016	£942,115	£12,318	134
2015	£1,002,830	£12,418	147
2014	£1,197,176	£13,308	217
2013	£1,079,614	£11,501	198
2012	£1,165,152	£10,698	178
2011	£853,050	£9,076	197
2010	£674,501	£8,636	208
2009	£597,965	£7,434	161
2008	£646,214	£7,687	145
2007	£550,284	£7,667	383
2006	£454,518	£6,206	368
2005	£378,970	£6,031	295
2004	£412,072	£5,628	271
2003	£355,160	£5,127	273
2002	£349,408	£5,113	379
2001	£321,596	£4,299	353
2000	£273,757	£3,680	280
1999	£230,121	£3,059	369
1998	£187,287	£2,712	337
1997	£177,256	£2,296	346
1996	£146,262	£1,864	316
1995	£137,405	£1,758	245

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,583,333	£14,444	3
2023	£2,095,665	£15,902	14
2022	£3,043,467	£18,158	29
2021	£2,388,974	£16,656	19
2020	£2,522,895	£16,629	19
2019	£2,617,750	£18,158	11
2018	£2,382,740	£19,739	10
2017	£3,468,668	£15,740	19
2016	£2,942,192	£23,749	13
2015	£2,636,785	£19,059	17
2014	£3,383,125	£21,837	16
2013	£2,593,036	£22,448	14
2012	£1,678,983	£15,679	12
2011	£1,730,471	£13,261	17
2010	£1,699,853	£10,997	17
2009	£1,459,636	£10,703	11
2008	£1,261,471	£8,100	17
2007	£1,424,519	£9,907	27
2006	£1,158,250	£8,298	36
2005	£897,924	£8,067	18
2004	£934,779	£5,479	30
2003	£995,375	£10,535	32
2002	£800,757	£10,188	47
2001	£794,037	£8,660	30
2000	£977,280	£4,988	25
1999	£609,817	£11,916	30
1998	£496,263	£4,241	29
1997	£384,401	£4,627	43
1996	£365,774	£2,775	29
1995	£381,842	£2,404	31

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£46,250		2
2023	£8,113,675		7
2022	£5,377,526	£13,593	14
2021	£7,314,070	£108,514	13
2020	£1,174,351	£9,725	16
2019	£2,828,270	£14,556	44
2018	£901,067	£7,348	10
2017	£4,848,572	£7,451	22
2016	£2,081,177	£392	9
2015	£3,071,857	£132	9
2014	£21,468,750		8
2013	£3,050,000		1
2012	£6,909		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£7,500,000	£24,116	1
2021	£2,845,000	£15,812	2
2017	£1,775,000	£12,500	1
2016	£1,800,000	£12,676	1
2014	£4,600,000		1
2012	£17,000,000	£22,529	1
2004	£3,750,000		1
2003	£1,800,000	£8,654	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
1995	£245,000	£1,725	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£3,400,000	£16,202	2
2015	£7,250,000		1
2013	£3,500,000	£11,667	1
2010	£1,170,000	£8,540	1
2007	£1,245,000	£8,004	2
2006	£3,700,000	£8,083	3
2003	£2,000,000	£6,765	1
2002	£935,000	£7,305	1
2001	£760,250	£3,198	2
2000	£806,875	£4,050	4
1999	£882,267	£3,430	5
1998	£900,000	£3,044	2
1996	£180,000	£2,022	1
1995	£95,000		1

House Type in W2 3NH area

The most common house types in the W2 3NH postcode area are Flat (50), Terraced (17), and Shared house (3).

Total	72
Flat	50
Terraced	17
Shared house	3
converted building	2
Detached	0
Semi-detached	0
commercial building	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 (37), and Owned: Owns outright (20).

Private rented: Private landlord or letting agency	37
Owned: Owns outright	20
Owned: Owns with a mortgage or loan	11
Social rented: Other social rented	2
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the W2 3NH have 1 person in household (24), and 2 people in household (24).

1 person in household	24
2 people in household	24
3 people in household	16
4 people in household	8
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0