Residential dwellings
3,015
Addressable residential units in the area (OS AddressBase).
W1K house prices
Index -3.2% y/y · Asking £52,821/m² · Asking rent £20,524/month · Gross yield 3.9% · 12 months, listings to Sep 2026
What is W1K?
W1K: residential dwellings 3,015.
HMO-shaped dwellings
0.0%
W1K ranks 7th 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
- 911
- Mixed-use buildings
- 23%
- HMO-shaped units
- 0.0%
- EPC A or B
- 14%
- EPC D or worse
- 44%
What does W1K cost?
W1K: asking price £4,016,497 (12 months to Sep 2026, 294 listings). +5.5% on the previous 12 months.
Asking price
£4,016,497 12 months to Sep 2026
294 listings
+5.5% on the previous 12 months.
Median ASKING price of residential sale listings that came to market in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 294 listings.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Asking price per m²
£52,821/m² 12 months to Sep 2026
128 listings
Median asking price per square metre of residential sale listings in the month, from portal listings. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 128 listings.
Sold price
Not published
Empirical-Bayes smoothed median of UPRN-matched completed sales (HM Land Registry Price Paid), monthly.
Only 1 observed month: the 12-month figure needs 6; the monthly line is drawn.
Settled months to Jul 2026; the dashed tail is the published projection of the index 8 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does W1K earn?
W1K: asking rent £20,524/month (12 months to Sep 2026, 316 lets).
Asking rent
£20,524/month 12 months to Sep 2026
316 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, 316 lets.
Gross yield, asking basis
3.9% 12 months to Sep 2026
1,402 lets
+38% 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, 1,402 lets.
Sample is the dated lettings behind the latest month's rent cell.
How does W1K vary by home size?
Asking price in W1K runs from £2,690,682 for 2 bedrooms to £5,540,625 for 3 bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £2,690,682 | 12 months to Sep 2026 · 10 of 12 months observed | — | 88 |
| 3 bedrooms | £5,540,625 | 12 months to Sep 2026 · 9 of 12 months observed | — | 80 |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking price by bedroom band: the monthly medians of sale listings 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.
How liquid is W1K?
W1K: listings for sale 128 (12 months to Sep 2026, 128 listings).
Listings for sale
128 12 months to Sep 2026
128 listings
Residential sale listings observed in the month, from portal listings. 12-month figure: the months added, 12 months to Sep 2026, 128 listings.
New listings
191 12 months to Sep 2026
191 listings
+43.6% on the previous 12 months.
Listings first seen in the month and never reduced; undercounts new listings by the reduction share, by construction. 12-month figure: the months added, 12 months to Sep 2026, 191 listings.
Never-reduced cohort: undercounts new listings by the reduction share.
Price reductions
103 12 months to Sep 2026
103 listings
-6.4% on the previous 12 months.
Listings whose last price reduction was in the month; `share` is reductions over added plus reduced. 12-month figure: the months added, 12 months to Sep 2026, 103 listings.
Reductions dated by the last reduction; several reductions of one listing count once.
Who is active in W1K?
11 agents listed homes for sale in W1K; the three largest took 56% of the listings.
- Agents active
- 11
- Top three agents’ share
- 56%
- New homes among listings
- 4.0%
Days to completion is on the listings matched to a registered sale, not a sell-through rate.
Who owns W1K?
Individuals (not traceable in bulk) hold 58% of the 158 units in W1K whose freeholder is classified; 97% of all units are not yet classified.
- Individuals (not traceable in bulk)58% of classified · 92 units
- Corporate landlords35% of classified · 55 units
- RMC7.0% of classified · 11 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 W1K rank?
W1K ranks 12th of 21 postcode districts in City of Westminster for gross yield, asking basis, at 3.9%.
Sold price per m² · postcode districts in City of Westminster
| # | Area | Sold price per m² | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | W2 | £11,716/m² | 12 months to May 2026 · from monthly figures · 10 of 12 months observed | 168 | measured |
| 2 | SW1V | £10,744/m² | 12 months to May 2026 · from monthly figures · 9 of 12 months observed | 96 | measured |
| 3 | NW8 | £10,254/m² | 12 months to May 2026 · from monthly figures · 11 of 12 months observed | 123 | measured |
| 4 | SW1P | £10,057/m² | 12 months to May 2026 · from monthly figures · 9 of 12 months observed | 71 | indicative |
| 5 | W9 | £9,875/m² | 12 months to May 2026 · from monthly figures · 10 of 12 months observed | 182 | measured |
Full table: sold price per m² across postcode districts in City of Westminster
Gross yield, asking basis · postcode districts in City of Westminster
W1K ranks 12th of 21 postcode districts in City of Westminster for gross yield, asking basis, at 3.9%.
| # | 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 |
| 12 | W1K | 3.9% | 12 months to Sep 2026 · from monthly figures | 1,402 | measured |
Full table: gross yield, asking basis across postcode districts in City of Westminster
Turnover · postcode districts in City of Westminster
Where next from W1K?
- 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
- SW1PNeighbouring postcode district · Asking £14,476/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
- SW1XNext door, in another authority · Asking £34,494/m² · Sep 2026
- SW3Next door, in another authority · Asking £20,469/m² · Sep 2026
- W1TNext door, in another authority · Asking £20,567/m² · Sep 2026
- SW7Next door, in another authority · Asking £21,182/m² · Sep 2026
- NW1Next door, in another authority · Asking £14,458/m² · Sep 2026
- WC2HNext door, in another authority · Asking £13,087/m² · Sep 2026
Questions about W1K
- What is the average rent in W1K?
- Homes to let in W1K asked a median £20,524/month over the 12 months to Sep 2026, 316 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in W1K?
- 3.9% 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, 1,402 lets. +38% on the previous 12 months.
- What kind of homes are in W1K?
- W1K has 3,015 homes, 0.0% 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 W1K
- Property values in W1KEvery addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in W1KRegistered land with its area, tenure and what stands on it.
- Houses and flats for sale in W1KWhat is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in W1KWhat is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in W1KRegistered completions from Price Paid, newest first.
- Planning applications in W1KWhat was proposed, who decided it and whether it was approved.
- Estate agents in W1KWho actually lists here, ranked by volume over 12 months.
Where these figures come from, and what is not published
| 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 price | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 294 listings |
| Asking price per m² | Portal listings | 12 months to Sep 2026 | Sep 2026 | 128 listings |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 316 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 1,402 lets |
| Listings for sale | Portal listings | 12 months to Sep 2026 | Sep 2026 | 128 listings |
| New listings | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 191 listings |
| Price reductions | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 103 listings |
| Live listings | MarketCode market evidence | on 4 Nov 2026 | 4 Nov 2026 | — |
- Sold price
- Only 1 observed month: the 12-month figure needs 6; the monthly line is drawn.
- Turnover
- Only 0 observed months: the 12-month figure needs 12; the monthly line is drawn.
- Completed sales
- Only 11 observed months: the 12-month figure needs 12; the monthly line is drawn.