Area guide

London, W2


Overview

On this page you will find in-depth information and analytics about the W2 postcode district. This includes current and historical average prices, price trends, the distribution of property types, the prices of various streets, and other information about London, W2.

W2 is a relatively less popular area with 132 transactions recorded in the past 12 months, which is 17.6% lower than the national average of 160. This is also 16.5% lower than the year prior which had 158 transactions.

London, W2 current market prices

The price growth in London is lower than the national average, with the 2 year growth at 0.8 times the national average. Compared to other areas, W2 is a relatively expensive area, with an average price 246.1% higher than the national average. The average house price in London, W2 is £1,265,223 and the average rent is £916.

W2 Current Averages

Market characteristic W2 district National W2 against national
Average price £1,265,223 £365,598 246.1%
Average rent £1,967 £916 114.7%
Sales per month 11 14 (102,880 Total) -21.4%

W2 Growth trends

Growth rate W2 district National
2yr house growth 7.9% 10.1%
2yr CAGR 3.9% 4.9%
Last 12 months house price growth -3.9% 7.1%

W2 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £1,265,223 £1,317,237 £1,172,502 £2,129,515 View houses for sale in W2
Flats £1,170,875 £964,557 £922,445 £1,120,450 View flats for sale in W2
Detached £0 £0 £1,370,000 £3,182,000 View detached for sale in W2
Semi-detached £0 £3,813,333 £4,116,667 £13,537,500 View semi-detached for sale in W2
Terraced £1,698,125 £2,907,118 £3,196,071 £9,773,249 View terraced for sale in W2
Bungalows N/A N/A N/A N/A View bungalows for sale in W2

W2 Average Rent by property type

Type Historical Average Price
All properties to rent £5,896 View houses for rent in W2
Flats for rent £2,509 View flats for rent in W2
Detached for rent £6,276 View detached for rent in W2
Semi-detached for rent £14,490 View semi-detached for rent in W2
Terraced for rent £4,114 View terraced for rent in W2
Bungalows for rent N/A View bungalows for rent in W2

London, W2 Housing Stock

London, W2 has a total of 27,530 properties, of which 862 are currently for sale and 3419 are for rent. Excluding flats, the most common property type in W2 is terraced with a total of 2,317 houses.

All properties in area

Type Quantity Percentage
Total properties in area 27,530 -
Total flats in area 24,557 89.2%
Total detached in area 92 0.3%
Total semi-detached in area 194 0.7%
Total terraced in area 2,317 8.4%
Total other in area 370 1.3%

All properties for sale

Type Quantity Percentage
Total properties for sale 862 - View houses for sale in W2
Total flats for sale 603 70% View flats for sale in W2
Detached for sale 5 0.6% View detached for sale in W2
Semi-detached for sale 8 0.9% View semi-detached for sale in W2
Terraced for sale 60 7% View terraced for sale in W2
Bungalows for sale 0 0% View bungalows for sale in W2
Other properties for sale 186 21.6%

All properties for rent

Type Quantity
Total properties to rent 3419 View houses for rent in W2
Total flats for rent 2314 View flats for rent in W2
Detached for rent 25 View detached for rent in W2
Semi-detached for rent 4 View semi-detached for rent in W2
Terraced for rent 43 View terraced for rent in W2
Bungalows for rent 0 View bungalows for rent in W2
Other properties for rent 1033

Most and least expensive streets in London, W2

London, W2 has a total of 250 streets. The most expensive street in W2 is Eastbourne Terrace, with an average sale price of £54,626,724. The least expensive street in W2 is Conduit Place, with an average sale price of £207,000.



Frequently asked questions

What is the rental price in London?

The current average rental price in London is £5,556 per month. Mouseprice is currently listing 3356 properties to rent in London.

Towns near London

Towns near London - Borehamwood, Bushey, Radlett, Watford, Abbots langley, Kings langley, Rickmansworth, Evesham, Broadway

What schools are there in London?

Nearby schools in London include Hallfield Primary School, St James & St John Church of England Primary School, College Park School, Kensington Park School, Marylebone Boys' School

What stations are there in London?

Nearby stations in London include Bayswater Station, Royal Oak Station, London Paddington Station, Queensway Station, Paddington Station.


Notes

The data above illustrates the relative proportions different types of property in the W2 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
Historical average prices are calculated using all W2 sales since 1995.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.