Housing Market Analysis for STRAND, WC2R 1BE

Are you looking to understand WC2R 1BE 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 WC2R 1BE area, explore the WC2R 1BE Area information page.
For comprehensive crime statistics in the WC2R 1BE area, explore the WC2R 1BE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WC2R 1BE postcode area, The average prices are as follows,

  • Other
    • The average price is around £9,470,501 median price is £9,250,000 Standard Deviation is £4,763,341 with Total Sold: 3
    • The Last 5 Year average price is £15,411,502 with Total Sold: 1
    • The most recent sale happened at this postcode is 227 - 228 STRAND: £15,411,502 (Sold on 08 Mar 2019)
    • The first recorded sale happened at this postcode is BASEMENT AND GROUND FLOOR PREMISES, 227 - 228 STRAND: £3,750,000 (Sold on 27 Jan 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average WC2R 1BE 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
2019£15,411,5021
2017£6,500,0002

All the Sales in the STRAND, WC2R 1BE

See the table below for more details on the sold house prices in the WC2R 1BE, Westminster postcode.

AddressSold DatePrice% Change
227 - 228 STRANDOther, Leasehold08 Mar 2019£15,411,502First Sale
FLAT 2, 227 - 228 STRANDOther, Freehold03 Mar 2017£9,250,000First Sale
BASEMENT AND GROUND FLOOR PREMISES, 227 - 228 STRANDOther, Leasehold27 Jan 2017£3,750,000First Sale

Check out the sold house prices near the WC2R 1BE postcode. Properties currently for saleProperties currently for rent

STRAND, WC2R 1BE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WC2R 1BE 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 WC2R 1BE postcode.

  • Flat
    • The average price is around £1,128,938 median price is £725,000 Standard Deviation is £1,279,185 with Total Sold: 1,782
    • The Last 5 Year average price is £1,768,998 with Total Sold: 394
    • The most recent sale happened at this postcode is FLAT 1, 4 PEMBERTON ROW: £565,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is FLAT 9, 35 FURNIVAL STREET: £830,000 (Sold on 02 Jan 1995)
  • Other
    • The average price is around £11,460,170 median price is £980,833 Standard Deviation is £23,821,751 with Total Sold: 331
    • The Last 5 Year average price is £9,296,135 with Total Sold: 163
    • The most recent sale happened at this postcode is , 9 SAVOY STREET: £250,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 11 KINGSWAY: £21,150,000 (Sold on 20 Sep 2013)
  • Terraced
    • The average price is around £3,118,359 median price is £1,579,000 Standard Deviation is £4,665,448 with Total Sold: 21
    • The Last 5 Year average price is £3,750,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 6 LINCOLNS INN FIELDS: £8,000,000 (Sold on 31 Aug 2022)
    • The first recorded sale happened at this postcode is , COOPERS & LYBRAND, 10 BOUVERIE STREET: £2,505,000 (Sold on 28 Jul 1995)
  • Semi-Detached
    • The average price is around £1,726,716 median price is £1,155,148 Standard Deviation is £1,720,598 with Total Sold: 6
    • The most recent sale happened at this postcode is , 10 GOUGH SQUARE: £5,500,000 (Sold on 16 Jan 2015)
    • The first recorded sale happened at this postcode is , 58 DRURY LANE: £250,000 (Sold on 17 Dec 1997)
  • Detached
    • The average price is around £3,808,750 median price is £1,480,000 Standard Deviation is £4,303,296 with Total Sold: 4
    • The most recent sale happened at this postcode is , 87 CHANCERY LANE: £1,710,000 (Sold on 15 Sep 2010)
    • The first recorded sale happened at this postcode is , 19 NEW BRIDGE STREET: £11,250,000 (Sold on 18 Mar 1998)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£607,312 £13,258 8
2023£1,500,703 £14,931 34
2022£1,923,983 £18,903 36
2021£2,027,342 £18,762 44
2020£1,940,588 £20,315 129
2019£1,624,478 £22,999 143
2018£2,082,729 £18,756 115
2017£2,285,842 £23,523 185
2016£1,250,067 £17,967 40
2015£1,222,758 £16,336 83
2014£1,104,561 £16,538 78
2013£970,703 £13,301 121
2012£642,817 £10,432 30
2011£572,509 £10,525 28
2010£498,378 £9,152 36
2009£515,518 £8,468 22
2008£595,565 £9,271 20
2007£508,977 £7,929 36
2006£436,729 £7,468 61
2005£366,426 £6,455 58
2004£266,259 £6,589 27
2003£433,786 £5,922 98
2002£403,667 £5,828 59
2001£377,398 £4,800 70
2000£205,793 £4,037 40
1999£183,444 £3,615 54
1998£409,008 £3,460 66
1997£136,709 £2,414 32
1996£135,222 £1,972 16
1995£227,341 £2,087 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£778,2003
2023£5,426,706 £12,336 14
2022£13,649,27820
2021£8,860,782 £15,881 33
2020£4,197,928 £18,241 63
2019£20,236,69230
2018£21,352,45143
2017£5,380,153 £2,346 51
2016£11,646,25131
2015£14,627,610 £23,770 20
2014£17,904,835 £1,875 18
2013£21,926,0005
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£8,000,000 £13,514 1
2021£1,750,0001
2020£1,500,0001
2018£1,648,0003
2017£1,800,0001
2016£6,837,5002
2014£8,014,085 £13,386 3
2007£1,440,000 £9,931 1
2004£1,500,0001
2003£500,0001
2000£1,284,2751
1999£875,0001
1998£700,0001
1997£485,0002
1995£2,505,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£5,500,0001
2004£1,050,0001
1999£1,229,5002
1998£1,101,2961
1997£250,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£1,710,0001
2001£1,250,0001
1999£1,025,0001
1998£11,250,0001

House Type in WC2R 1BE area

The most common house types in the WC2R 1BE postcode area are Flat (99), converted building (5), and commercial building (4).

Total110
Flat99
converted building5
commercial building4
Shared house2
Detached0
Semi-detached0
Terraced0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (69), and Owned: Owns outright (18).

Private rented: Private landlord or letting agency69
Owned: Owns outright18
Owned: Owns with a mortgage or loan12
Private rented: Other private rented8
Social rented: Other social rented2
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 WC2R 1BE have 1 person in household (59), and 2 people in household (29).

1 person in household59
2 people in household29
3 people in household12
4 people in household10
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0