Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.

London, W2 current market prices

The price growth in London is higher than the national average, with the 2 year growth at 1.1 times the national average. Compared to other areas, W2 is a relatively expensive area, with an average price 261% higher than the national average. The average house price in London, W2 is £1,306,583 and the average rent is £916.

W2 Current Averages

Market characteristic W2 district National W2 against national
Average price £1,306,583 £361,952 261%
Average rent £1,967 £916 114.7%
Sales per month 12 15 (53,921 Total) -20%

W2 Growth trends

Growth rate W2 district National
2yr house growth 10.9% 9.5%
2yr CAGR 5.3% 4.6%
Last 12 months house price growth 3.6% 3.7%

W2 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £1,306,583 £1,260,775 £1,178,167 £1,574,225 View houses for sale in W2
Flats £1,329,028 £943,171 £973,155 £1,089,842 View flats for sale in W2
Detached £0 £0 £2,810,000 £2,660,000 View detached for sale in W2
Semi-detached £0 £2,765,000 £4,200,000 £3,512,500 View semi-detached for sale in W2
Terraced £2,278,125 £2,820,273 £2,816,563 £5,005,624 View terraced for sale in W2
Bungalows N/A N/A N/A N/A View bungalows for sale in W2

Type Historical Average Price
All properties to rent £7,175 View houses for rent in W2
Flats for rent £2,956 View flats for rent in W2
Detached for rent £7,256 View detached for rent in W2
Semi-detached for rent £12,134 View semi-detached for rent in W2
Terraced for rent £5,020 View terraced for rent in W2
Bungalows for rent N/A View bungalows for rent in W2

Current market 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.
The current average price is an average over the past 6 months to avoid inaccuracies caused by low sales numbers.
Sales per month is an average over the past 12 months.
Historical average prices are calculated using all W2 sales since 1995. The growth trends table shows the change in average house price for the W2 postcode district over the past 1 and 2 years as well as the averages across all postcode districts.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.
Flats include the following property types: Ground Flat, Flat, Studio, Ground Maisonette, Maisonette.
Bungalows include the following property types: Bungalow, Terraced Bungalow, Semi-Detached Bungalow, Detached Bungalow.
The 'Other' category includes all properties in categories not mentioned on this page and is included for completeness.

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.