What is the median house price in W2?

Homes in W2 sold for a median £1,040,028 over the 12 months to Apr 2026, 236 sales. Per square metre that is £11,859/m². Registered completions, not asking prices.

What is the average rent in W2?

Homes to let in W2 asked a median £4,258 a month over the 12 months to Jul 2026, 3,548 lets. Asking rent, not the rent agreed.

What is the gross rental yield in W2?

5.1% 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 Aug 2026, 8,273 lets. +12.4% on the previous 12 months.

How quickly do homes sell in W2?

1.0% of the homes in W2 changed hands over the 12 months to Jan 2026, 321 sales.

Postcode district

W2 property market

Sold £11,859/m² · Median sold £1,040,028 (236 sales) · Index -4.4% y/y · Turnover 1.0% · 12 months, sales to Apr 2026, listings to Aug 2026

What is W2?

Buildings: 5,130
Mixed-use buildings: 6.0%
HMO-shaped units: 67%

What does W2 cost?

W2: sold price per m² £11,859/m² (12 months to Apr 2026, 155 sales). -4.4% over the year to Dec 2025 by the house price index, which follows the same homes over time.

Sold price per m²

£11,859/m² 12 months to Apr 2026

155 sales

-4.4% over the year to Dec 2025 by the house price index, which follows the same homes over time.

Sold price

£1,040,028 12 months to Apr 2026

236 sales

-4.4% over the year to Dec 2025 by the house price index, which follows the same homes over time.

Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.

Asking price

£888,105 12 months to Aug 2026

3,016 listings

-7.2% on the previous 12 months.

Sample is the dated listings that came to market in the latest month (added and reduced cohorts).

Sold price per m²: £14,050/m² in Aug 2025 to £11,899/m² in Jul 2026.

Sold price: £835,473 in Jul 2016 to £769,326 in Jul 2026.

Asking price: £912,500 in Jan 2022 to £749,000 in Aug 2026.

Asking price per m²: £15,627/m² in Aug 2025 to £11,749/m² in Jul 2026.

Asking to sold: 105% in Jan 2022 to 98% in Nov 2024.

Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 12 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

Asking price index: 105.6 in Jan 2022 to 88.5 in Aug 2026.

What does W2 earn?

W2: asking rent £4,258 a month (12 months to Jul 2026, 3,548 lets).

Asking rent

£4,258 a month 12 months to Jul 2026

3,548 lets

Gross yield, asking basis

5.1% 12 months to Aug 2026

8,273 lets

+12.4% on the previous 12 months.

Sample is the dated lettings behind the latest month's rent cell.

Asking rent: £3,883 pcm in Aug 2025 to £4,287 pcm in Jul 2026.

Gross yield, asking basis: 4.3% in Jan 2022 to 6.0% in Aug 2026.

How does W2 vary by home size?

Asking price in W2 runs from £584,694 for 1 bedroom to £5,076,172 for 5+ bedrooms.

Asking price by bedroom band in W2, 12 months to Aug 2026. A band with fewer than 30 dated listings in the year is not published.
Homes	Asking price	Window	Change	Listings
1 bedroom	£584,694	12 months to Aug 2026	-7.9% on the previous 12 months	972
2 bedrooms	£970,368	12 months to Aug 2026	-4.7% on the previous 12 months	1074
3 bedrooms	£1,773,118	12 months to Aug 2026	+1.5% on the previous 12 months	513
4 bedrooms	£3,076,330	12 months to Aug 2026	+2.3% on the previous 12 months	188
5+ bedrooms	£5,076,172	12 months to Aug 2026	-5.8% on the previous 12 months	145

Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.

How liquid is W2?

W2: turnover 1.0% (12 months to Jan 2026, 321 sales). -26.5% on the previous 12 months.

Turnover

1.0% 12 months to Jan 2026

321 sales

-26.5% on the previous 12 months.

Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.

Completed sales

519 12 months to Jan 2026

519 sales

-19.5% on the previous 12 months.

Sample is the registry count itself; months within six months of the last ingest are still filling.

Listings for sale

1,082 12 months to Jul 2026

1,082 listings

Who is active in W2?

93 agents listed homes for sale in W2; the three largest took 19% of the listings.

Agents active: 93
Top three agents’ share: 19%
New homes among listings: 9.7%

days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.

Who owns W2?

Corporate landlords hold 52% of the 1,317 units in W2 whose freeholder is classified; 97% of all units are not yet classified.

Corporate landlords52% of classified · 686 units
Individuals (not traceable in bulk)30% of classified · 399 units
RMC10% of classified · 137 units
Housing associations6.9% of classified · 91 units
Offshore companies0.2% of classified · 3 units
RTM0.1% of classified · 1 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 W2 rank?

W2 ranks 1st of 5 postcode districts in City of Westminster for sold price per m², at £11,859/m².

Sold price per m² · postcode districts in City of Westminster