Residential dwellings
9,274
Addressable residential units in the area (OS AddressBase).
SW1P rents and yields
Asking rent £4,175/month · Gross yield 4.7% · 12 months, listings to Sep 2026
What is SW1P?
SW1P: residential dwellings 9,274.
HMO-shaped dwellings
0.3%
SW1P ranks 4th of 25 neighbouring postcode districts for HMO-shaped dwellings.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 895
- Mixed-use buildings
- 18%
- HMO-shaped units
- 22%
- EPC A or B
- 22%
- EPC D or worse
- 29%
What does SW1P earn?
SW1P: asking rent £4,175/month (12 months to Sep 2026, 686 lets).
Asking rent
£4,175/month 12 months to Sep 2026
686 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 686 lets.
Gross yield, asking basis
4.7% 12 months to Sep 2026
1,735 lets
+21.1% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 1,735 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
356 on 4 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
How does SW1P vary by home size?
Asking rent in SW1P runs from £2,859/month for 1 bedroom to £6,224/month for 3 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £2,859/month | 12 months to Sep 2026 | -0.4% on the previous 12 months | 573 |
| 2 bedrooms | £3,865/month | 12 months to Sep 2026 | -1.2% on the previous 12 months | 611 |
| 3 bedrooms | £6,224/month | 12 months to Sep 2026 | +18.5% on the previous 12 months | 318 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns SW1P?
Corporate landlords hold 45% of the 122 units in SW1P whose freeholder is classified; 99% of all units are not yet classified.
- Corporate landlords45% of classified · 55 units
- Individuals (not traceable in bulk)42% of classified · 51 units
- Housing associations9.0% of classified · 11 units
- RMC4.1% of classified · 5 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does SW1P rank?
SW1P ranks 16th of 23 postcode districts in City of Westminster for asking rent, at £4,175/month.
Asking rent · postcode districts in City of Westminster
SW1P ranks 16th of 23 postcode districts in City of Westminster for asking rent, at £4,175/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | W1K | £20,524/month | 12 months to Sep 2026 · from monthly figures | 316 | measured |
| 2 | W1G | £7,875/month | 12 months to Sep 2026 · from monthly figures | 149 | measured |
| 3 | W1S | £7,504/month | 12 months to Sep 2026 · from monthly figures | 79 | indicative |
| 4 | W1B | £7,120/month | 12 months to Sep 2026 · from monthly figures · 11 of 12 months observed | 61 | indicative |
| 5 | SW1W | £6,457/month | 12 months to Sep 2026 · from monthly figures | 464 | measured |
| 16 | SW1P | £4,175/month | 12 months to Sep 2026 · from monthly figures | 686 | measured |
Full table: asking rent across postcode districts in City of Westminster
Gross yield, asking basis · postcode districts in City of Westminster
SW1P ranks 3rd of 21 postcode districts in City of Westminster for gross yield, asking basis, at 4.7%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | W1B | 5.2% | 12 months to Sep 2026 · from monthly figures · 6 of 12 months observed | 70 | indicative |
| 2 | W2 | 5.0% | 12 months to Sep 2026 · from monthly figures | 8,261 | measured |
| 3 | SW1P | 4.7% | 12 months to Sep 2026 · from monthly figures | 1,735 | measured |
| 4 | W9 | 4.7% | 12 months to Sep 2026 · from monthly figures | 2,963 | measured |
| 5 | NW8 | 4.6% | 12 months to Sep 2026 · from monthly figures | 5,066 | measured |
Full table: gross yield, asking basis across postcode districts in City of Westminster
Where next from SW1P?
- City of WestminsterThe wider market this area sits in.
- NW8Neighbouring postcode district · Asking £18,795/m² · Sep 2026
- SW1ANeighbouring postcode district · Asking £427,929/m² · Sep 2026
- SW1ENeighbouring postcode district · Asking £12,724/m² · Sep 2026
- SW1HNeighbouring postcode district · Asking £6,489/m² · Sep 2026
- SW1VNeighbouring postcode district · Asking £14,803/m² · Sep 2026
- SW1WNeighbouring postcode district · Asking £18,932/m² · Sep 2026
- SW1YNeighbouring postcode district · Asking £8,478/m² · Aug 2026
- W1BNeighbouring postcode district · Asking £15,338/m² · Sep 2026
- SE1Next door, in another authority · Asking £9,156/m² · Sep 2026
- SW8Next door, in another authority · Asking £9,169/m² · Sep 2026
- SE11Next door, in another authority · Asking £9,419/m² · Sep 2026
- SW1XNext door, in another authority · Asking £34,494/m² · Sep 2026
- WC2HNext door, in another authority · Asking £13,087/m² · Sep 2026
- SW3Next door, in another authority · Asking £20,469/m² · Sep 2026
Questions about SW1P
- What is the average rent in SW1P?
- Homes to let in SW1P asked a median £4,175/month over the 12 months to Sep 2026, 686 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in SW1P?
- 4.7% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 1,735 lets. +21.1% on the previous 12 months.
- What kind of homes are in SW1P?
- SW1P has 9,274 homes, 0.3% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about SW1P
- Property values in SW1PEvery addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in SW1PRegistered land with its area, tenure and what stands on it.
- Houses and flats for sale in SW1PWhat is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in SW1PWhat is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in SW1PRegistered completions from Price Paid, newest first.
- Planning applications in SW1PWhat was proposed, who decided it and whether it was approved.
- Estate agents in SW1PWho actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 686 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 1,735 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |