Housing Market Analysis for LANCASTER GATE, W2 3NP

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £1,051,500 median price is £737,500 Standard Deviation is £883,920 with Total Sold: 20
    • The Last 5 Year average price is £4,000,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 23, SPIRE HOUSE LANCASTER GATE: £4,000,000 (Sold on 15 Jan 2021)
    • The first recorded sale happened at this postcode is FLAT 22, SPIRE HOUSE LANCASTER GATE: £585,000 (Sold on 03 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average W2 3NP 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
2021£4,000,0001
2010£1,700,000 £10,238 1
2009£2,500,000 £6,931 1
2007£1,400,000 £7,643 2
2006£1,300,000 £7,514 1
2004£1,051,6673
2002£637,500 £4,141 2
2001£1,000,000 £2,772 1
2000£600,000 £2,970 1
1995£385,714 £1,767 7

All the Sales in the LANCASTER GATE, W2 3NP

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

AddressSold DatePrice% Change
FLAT 23, SPIRE HOUSE LANCASTER GATEFlat, Leasehold15 Jan 2021£4,000,000First Sale
FLAT 9, SPIRE HOUSE LANCASTER GATEFlat, LeaseholdArea: 166.04 Sq.mtr26 Feb 2010£1,700,000First Sale
FLAT 21, SPIRE HOUSE LANCASTER GATEFlat, LeaseholdArea: 360.7 Sq.mtrAge: 1976-198227 Oct 2009£2,500,000150.00%
06 Dec 2001£1,000,000First Sale
FLAT 18, SPIRE HOUSE LANCASTER GATEFlat, LeaseholdArea: 157 Sq.mtrAge: 1983-199002 May 2007£1,200,000First Sale
FLAT 5, SPIRE HOUSE LANCASTER GATEFlat, Leasehold13 Apr 2007£1,600,000First Sale
FLAT 6, SPIRE HOUSE LANCASTER GATEFlat, LeaseholdArea: 173 Sq.mtrAge: 1996-200204 Apr 2006£1,300,000First Sale
FLAT 12, SPIRE HOUSE LANCASTER GATEFlat, Leasehold07 Dec 2004£800,00070.21%
08 Nov 1995£470,000First Sale
FLAT 1, SPIRE HOUSE LANCASTER GATEFlat, Leasehold18 Oct 2004£855,000First Sale
FLAT 15, SPIRE HOUSE LANCASTER GATEFlat, Leasehold13 Sep 2004£1,500,000150.00%
12 Jul 2002£600,000First Sale
FLAT 10, SPIRE HOUSE LANCASTER GATEFlat, LeaseholdArea: 163 Sq.mtrAge: 1930-194910 Dec 2002£675,000First Sale
FLAT 19, SPIRE HOUSE LANCASTER GATEFlat, LeaseholdArea: 202 Sq.mtrAge: 1983-199021 Mar 2000£600,000First Sale
FLAT 3, SPIRE HOUSE LANCASTER GATEFlat, Leasehold29 Dec 1995£305,000First Sale
FLAT 20, SPIRE HOUSE LANCASTER GATEFlat, Leasehold29 Dec 1995£410,000First Sale
FLAT 4, SPIRE HOUSE LANCASTER GATEFlat, Leasehold29 Dec 1995£305,000First Sale
FLAT 16, SPIRE HOUSE LANCASTER GATEFlat, LeaseholdArea: 160.1 Sq.mtrAge: 1983-199029 Dec 1995£320,000First Sale
FLAT 2, SPIRE HOUSE LANCASTER GATEFlat, Leasehold29 Dec 1995£305,000First Sale
FLAT 22, SPIRE HOUSE LANCASTER GATEFlat, LeaseholdArea: 381.24 Sq.mtrAge: 1976-198203 Aug 1995£585,000First Sale

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

LANCASTER GATE, W2 3NP Near By properties

Interactive Map

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

  • Flat
    • The average price is around £559,394 median price is £355,000 Standard Deviation is £776,900 with Total Sold: 7,821
    • The Last 5 Year average price is £1,019,237 with Total Sold: 810
    • 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 £1,335,782 median price is £980,000 Standard Deviation is £1,397,240 with Total Sold: 697
    • The Last 5 Year average price is £2,408,313 with Total Sold: 91
    • 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 £5,054,975 median price is £1,515,000 Standard Deviation is £10,135,379 with Total Sold: 190
    • The Last 5 Year average price is £4,453,766 with Total Sold: 116
    • 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 £2,005,509 median price is £1,170,000 Standard Deviation is £1,932,461 with Total Sold: 16
    • 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 FLAT 77, WINCHESTER HOUSE HALLFIELD ESTATE: £83,000 (Sold on 19 Jun 1997)
  • Semi-Detached
    • The average price is around £1,677,753 median price is £900,000 Standard Deviation is £1,779,250 with Total Sold: 29
    • 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£1,092,337 £12,211 146
2022£1,061,324 £12,153 145
2021£974,925 £12,143 175
2020£950,386 £12,920 127
2019£1,080,172 £12,364 152
2018£1,107,529 £12,295 148
2017£1,495,151 £14,387 149
2016£923,906 £12,264 156
2015£1,051,027 £12,521 173
2014£1,155,307 £13,251 247
2013£1,063,773 £11,520 220
2012£1,136,819 £10,372 203
2011£851,715 £8,975 225
2010£656,770 £8,355 244
2009£601,773 £7,455 188
2008£626,358 £7,447 168
2007£568,047 £7,720 433
2006£454,772 £6,048 434
2005£368,036 £5,879 340
2004£399,954 £5,458 313
2003£355,947 £5,044 312
2002£342,052 £4,956 432
2001£323,710 £4,260 413
2000£264,783 £3,554 342
1999£234,163 £3,065 434
1998£191,037 £2,700 381
1997£179,443 £2,281 407
1996£145,782 £1,827 375
1995£136,991 £1,724 274
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,337,500 £12,731 4
2023£2,134,167 £14,146 12
2022£2,690,267 £17,577 29
2021£2,303,868 £15,229 19
2020£2,390,833 £16,539 18
2019£2,152,250 £13,694 9
2018£2,365,484 £20,376 11
2017£3,392,074 £16,724 21
2016£2,707,900 £22,255 15
2015£2,485,972 £17,802 23
2014£2,997,250 £20,950 16
2013£2,464,406 £20,762 16
2012£1,533,593 £14,943 14
2011£1,620,711 £12,899 19
2010£1,508,858 £10,458 18
2009£1,413,000 £10,503 12
2008£1,149,667 £8,100 15
2007£1,345,938 £9,896 24
2006£1,224,593 £7,830 39
2005£913,913 £7,782 20
2004£926,065 £5,057 29
2003£854,548 £10,260 31
2002£764,591 £10,350 45
2001£796,161 £8,289 31
2000£958,583 £5,146 30
1999£630,450 £12,899 30
1998£492,490 £4,154 36
1997£347,013 £3,957 56
1996£359,086 £2,746 25
1995£374,603 £2,427 30
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£46,2502
2023£6,707,9408
2022£5,789,490 £12,847 14
2021£12,719,724 £202,128 13
2020£3,977,129 £9,725 20
2019£2,320,830 £15,074 59
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£2,845,000 £15,812 2
2014£4,600,0001
2008£860,000 £6,324 1
2004£3,750,0001
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
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£1,328,333 £7,581 3
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
1997£277,500 £2,478 1
1996£176,500 £1,784 2
1995£95,0001

House Type in W2 3NP area

The most common house types in the W2 3NP 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 3NP 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