Housing Market Analysis for LANCASTER TERRACE, W2 3PE

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

Overview of Sold House prices

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

Flat
- The average price is around £446,320 median price is £322,500 Standard Deviation is £342,934 with Total Sold: 42
- The Last 5 Year average price is £840,417 with Total Sold: 6
- The most recent sale happened at this postcode is 50, MAITLAND COURT LANCASTER TERRACE: £527,500 (Sold on 23 Jun 2021)
- The first recorded sale happened at this postcode is 44, MAITLAND COURT LANCASTER TERRACE: £59,095 (Sold on 31 Oct 1995)
Terraced
- The average price is around £202,000 median price is £202,000 Standard Deviation is £68,000 with Total Sold: 2
- The most recent sale happened at this postcode is 66, MAITLAND COURT LANCASTER TERRACE: £270,000 (Sold on 17 Oct 2000)
- The first recorded sale happened at this postcode is 52, MAITLAND COURT LANCASTER TERRACE: £134,000 (Sold on 19 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average W2 3PE 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
2021	£688,750	£10,874	2
2020	£1,050,000	£13,066	2
2019	£935,000	£11,131	1
2018	£545,000	£11,235	1
2016	£690,000	£13,529	1
2015	£1,222,000	£14,376	1
2013	£443,333	£12,177	3
2012	£800,000	£13,860	1
2010	£715,000	£8,817	2
2007	£715,833	£6,028	3
2006	£368,917	£5,395	3
2005	£346,000		1
2004	£280,833	£5,273	3
2003	£230,000	£4,792	1
2002	£214,500	£3,951	4
2001	£341,667	£3,727	3
2023	£630,000	£13,125	1
1999	£195,825	£2,979	2
1997	£105,000		2
1996	£115,975	£2,153	2
1995	£98,865	£1,371	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2000	£270,000	£3,176	1
1996	£134,000	£1,726	1

All the Sales in the LANCASTER TERRACE, W2 3PE

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

Address	Sold Date	Price	% Change
50, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 48.51 Sq.mtrAge: 1930-1949	23 Jun 2021	£527,500	-3.21%
	19 Dec 2018	£545,000	First Sale
PENTHOUSE C3, MAITLAND COURT LANCASTER TERRACEFlat, Leasehold	29 Mar 2021	£850,000	First Sale
51, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 75.15 Sq.mtrAge: 1930-1949	16 Sep 2020	£1,100,000	50.68%
	13 Jul 2010	£730,000	First Sale
57, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 87 Sq.mtrAge: 1930-1949	10 Sep 2020	£1,000,000	First Sale
54, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 84 Sq.mtrAge: 1930-1949	11 Dec 2019	£935,000	First Sale
55, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 51 Sq.mtrAge: 1900-1929	30 Mar 2016	£690,000	666.67%
	13 Mar 2002	£90,000	First Sale
72, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 85 Sq.mtrAge: 1900-1929	12 Feb 2015	£1,222,000	389.49%
	07 Jul 1999	£249,650	First Sale
86, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 34 Sq.mtrAge: 1930-1949	22 Nov 2013	£405,000	First Sale
56, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 48 Sq.mtrAge: 1900-1929	04 Oct 2013	£595,000	-5.56%
	20 Dec 2023	£630,000	768.97%
	17 Nov 1995	£72,500	First Sale
85, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 27 Sq.mtrAge: 1930-1949	28 Jun 2013	£330,000	First Sale
53, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 57.72 Sq.mtrAge: 1900-1929	14 Sep 2012	£800,000	433.51%
	25 Jun 1996	£149,950	First Sale
45, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 88.38 Sq.mtrAge: 1900-1929	26 Nov 2010	£700,000	First Sale
PENTHOUSE 4, MAITLAND COURT LANCASTER TERRACEFlat, Leasehold	30 Oct 2007	£1,550,000	First Sale
61, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 51 Sq.mtrAge: 1900-1929	07 Jun 2007	£320,000	First Sale
62, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 48 Sq.mtrAge: 1930-1949	22 Jan 2007	£277,500	20.65%
	17 Feb 2003	£230,000	First Sale
79, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 47 Sq.mtrAge: 1930-1949	05 Jul 2006	£278,000	95.77%
	16 Sep 1999	£142,000	First Sale
49, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 50 Sq.mtrAge: 1991-1995	19 Apr 2006	£243,750	First Sale
60, MAITLAND COURT LANCASTER TERRACEFlat, Leasehold	07 Apr 2006	£585,000	69.08%
60, MAITLAND COURT LANCASTER TERRACEFlat, Leasehold	14 Jan 2005	£346,000	First Sale
59, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 70 Sq.mtrAge: 1930-1949	26 Oct 2004	£320,000	First Sale
70, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 65.46 Sq.mtrAge: 1930-1949	30 Jul 2004	£367,500	14.84%
	11 Jul 2002	£320,000	First Sale
84, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 27.51 Sq.mtrAge: 1976-1982	19 Jul 2004	£155,000	16.54%
	03 May 2002	£133,000	First Sale
58, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 73 Sq.mtrAge: 1900-1929	04 Oct 2002	£315,000	First Sale
75, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 88.63 Sq.mtrAge: 1930-1949	30 Nov 2001	£325,000	First Sale
PENTHOUSE 3, MAITLAND COURT LANCASTER TERRACEFlat, Leasehold	20 Jun 2001	£450,000	First Sale
82, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 66 Sq.mtrAge: 1967-1975	08 Mar 2001	£250,000	First Sale
66, MAITLAND COURT LANCASTER TERRACETerraced, LeaseholdArea: 85 Sq.mtrAge: 1900-1929	17 Oct 2000	£270,000	First Sale
64, MAITLAND COURT LANCASTER TERRACEFlat, Leasehold	27 Jun 1997	£155,000	First Sale
67, MAITLAND COURT LANCASTER TERRACEFlat, Leasehold	14 Feb 1997	£55,000	First Sale
44, MAITLAND COURT LANCASTER TERRACEFlat, LeaseholdArea: 48 Sq.mtrAge: before 1900	21 Oct 1996	£82,000	38.76%
	31 Oct 1995	£59,095	First Sale
52, MAITLAND COURT LANCASTER TERRACETerraced, LeaseholdArea: 77.63 Sq.mtrAge: 1930-1949	19 Mar 1996	£134,000	First Sale
69, MAITLAND COURT LANCASTER TERRACEFlat, Leasehold	07 Dec 1995	£165,000	First Sale

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

LANCASTER TERRACE, W2 3PE Near By properties

Interactive Map

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

Terraced
- The average price is around £1,418,883 median price is £950,000 Standard Deviation is £1,627,458 with Total Sold: 814
- The Last 5 Year average price is £2,844,739 with Total Sold: 101
- The most recent sale happened at this postcode is , 15 PRAED MEWS: £905,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 92 SUSSEX GARDENS: £600,000 (Sold on 05 Jan 1995)
Flat
- The average price is around £645,187 median price is £390,000 Standard Deviation is £917,195 with Total Sold: 6,668
- The Last 5 Year average price is £1,186,463 with Total Sold: 728
- 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 2, 77 WESTBOURNE TERRACE: £245,000 (Sold on 06 Jan 1995)
Other
- The average price is around £4,534,405 median price is £1,270,000 Standard Deviation is £10,674,676 with Total Sold: 181
- The Last 5 Year average price is £4,792,244 with Total Sold: 114
- 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 , 86 LANCASTER GATE: £3,150,000 (Sold on 07 Mar 2014)
Detached
- The average price is around £2,033,432 median price is £1,200,000 Standard Deviation is £2,040,617 with Total Sold: 11
- The Last 5 Year average price is £7,500,000 with Total Sold: 1
- 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 , CHESTER HOUSE CLARENDON PLACE: £1,200,000 (Sold on 24 Jul 1995)
Semi-Detached
- The average price is around £1,536,259 median price is £841,000 Standard Deviation is £1,789,794 with Total Sold: 36
- The Last 5 Year average price is £4,121,667 with Total Sold: 3
- The most recent sale happened at this postcode is , 9 CLARENDON PLACE: £5,400,000 (Sold on 01 Feb 2023)
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,961,429	£11,133	7
2023	£2,219,482	£14,495	17
2022	£2,768,134	£17,314	28
2021	£2,585,625	£15,946	16
2020	£3,598,250	£16,606	23
2019	£2,722,000	£16,642	10
2018	£2,456,371	£18,858	13
2017	£3,773,173	£16,913	32
2016	£2,696,306	£18,444	18
2015	£2,929,011	£17,853	22
2014	£3,194,571	£18,398	21
2013	£2,249,047	£16,894	24
2012	£1,524,461	£13,230	18
2011	£1,904,978	£12,604	22
2010	£1,518,833	£10,148	24
2009	£1,530,000	£10,267	15
2008	£1,511,382	£8,498	17
2007	£1,313,668	£8,712	25
2006	£1,170,974	£6,736	41
2005	£908,413	£5,617	28
2004	£847,375	£5,259	37
2003	£695,051	£5,795	39
2002	£701,680	£7,205	42
2001	£606,000	£6,081	41
2000	£751,625	£3,386	37
1999	£558,043	£6,616	41
1998	£414,655	£3,803	37
1997	£338,921	£2,612	60
1996	£341,660	£2,854	26
1995	£369,185	£2,216	33

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£924,491	£12,429	55
2023	£1,249,780	£13,084	127
2022	£1,273,876	£13,271	126
2021	£1,178,118	£12,504	162
2020	£1,182,059	£13,580	118
2019	£1,166,640	£13,015	140
2018	£1,324,593	£12,966	125
2017	£1,540,246	£13,638	130
2016	£1,230,847	£12,846	134
2015	£1,245,026	£13,644	158
2014	£1,395,209	£14,130	211
2013	£1,231,957	£12,425	185
2012	£1,229,630	£10,971	173
2011	£1,025,869	£9,638	184
2010	£725,299	£8,970	189
2009	£677,840	£7,982	170
2008	£644,017	£7,780	136
2007	£613,564	£7,946	367
2006	£500,057	£6,057	389
2005	£422,350	£5,509	250
2004	£466,818	£5,643	277
2003	£390,048	£5,249	260
2002	£383,323	£4,938	330
2001	£347,469	£4,407	366
2000	£318,446	£3,715	310
1999	£270,976	£3,259	370
1998	£226,555	£2,889	327
1997	£214,163	£2,446	340
1996	£166,969	£1,912	339
1995	£159,368	£1,833	220

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,850,625		4
2023	£7,755,943		7
2022	£6,153,166	£6,630	12
2021	£5,923,577	£17,913	19
2020	£9,022,177	£6,814	20
2019	£2,265,234	£11,524	52
2018	£1,885,077	£10,608	12
2017	£4,594,330	£9,379	26
2016	£2,455,546	£6,517	16
2015	£2,483,816	£132	7
2014	£12,610,429		6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£7,500,000	£24,116	1
2014	£2,925,000	£11,164	1
2004	£3,750,000		1
2002	£1,100,000	£13,059	1
2001	£477,250	£1,212	2
1999	£1,474,417	£6,174	3
1996	£515,000		1
1995	£1,200,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£5,400,000		1
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	£1,063,750	£7,486	4
2006	£3,343,333	£8,083	3
2004	£900,000	£7,087	1
2001	£424,000	£3,103	2
2000	£534,167	£4,002	3
1999	£763,234	£2,651	10
1998	£900,000		1
1997	£534,750	£2,321	2
1996	£176,500	£1,784	2
1995	£300,000	£5,478	2

House Type in W2 3PE area

The most common house types in the W2 3PE postcode area are Flat (122), Shared house (16), and Detached (2).

Total	144
Flat	122
Shared house	16
Detached	2
Semi-detached	2
Terraced	1
temporary structure	1
converted building	0
commercial building	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 (24).

Private rented: Private landlord or letting agency	91
Owned: Owns outright	24
Owned: Owns with a mortgage or loan	13
Private rented: Other private rented	12
Social rented: Other social rented	2
Social rented: Rents from council or Local Authority	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 3PE have 1 person in household (56), and 2 people in household (53).

1 person in household	56
2 people in household	53
3 people in household	21
4 people in household	7
5 people in household	2
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0