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Sold £11,862/m² · Median sold £1,001,413 (1,348 sales) · Index -3.6% y/y · Turnover 1.0% · 12 months, sales to Jun 2026, listings to Oct 2026
City of Westminster: sold price per m² £11,862/m² (12 months to Jun 2026, 1,348 sales). -5.3% on the previous 12 months.
£11,862/m² 12 months to Jun 2026
1,348 sales
-5.3% on the previous 12 months.
Empirical-Bayes smoothed median of UPRN-matched completed sales per square metre (HM Land Registry Price Paid), monthly. 12-month figure: the monthly medians weighted by their sample, 12 months to Jun 2026, 1,348 sales.
£1,001,413 12 months to Jun 2026
1,348 sales
-2.6% on the previous 12 months.
Empirical-Bayes smoothed median of UPRN-matched completed sales (HM Land Registry Price Paid), monthly. 12-month figure: the monthly medians weighted by their sample, 12 months to Jun 2026, 1,348 sales.
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.
£998,283 12 months to Oct 2026
11,393 listings
-5.2% 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 Oct 2026, 11,393 listings.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
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.
City of Westminster: asking rent £4,538/month (12 months to Sep 2026, 11,851 lets). +15.2% on the previous 12 months.
£4,538/month 12 months to Sep 2026
11,851 lets
+15.2% on the previous 12 months.
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, 11,851 lets.
4.6% 12 months to Oct 2026
31,260 lets
+11.6% 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 Oct 2026, 31,260 lets.
Sample is the dated lettings behind the latest month's rent cell.
Asking price in City of Westminster runs from £577,748 for 1 bedroom to £5,508,030 for 5+ bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £577,748 | 12 months to Oct 2026 | -8.1% on the previous 12 months | 3000 |
| 2 bedrooms | £988,177 | 12 months to Oct 2026 | -1.9% on the previous 12 months | 4294 |
| 3 bedrooms | £1,787,245 | 12 months to Oct 2026 | +5.1% on the previous 12 months | 2421 |
| 4 bedrooms | £2,992,464 | 12 months to Oct 2026 | -4.4% on the previous 12 months | 773 |
| 5+ bedrooms | £5,508,030 | 12 months to Oct 2026 | +4.8% on the previous 12 months | 505 |
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.
City of Westminster: turnover 1.0% (12 months to Mar 2026, 1,375 sales). -38.6% on the previous 12 months.
1.0% 12 months to Mar 2026
1,375 sales
-38.6% on the previous 12 months.
Registered sales as a share of the dwelling stock, monthly; the 12-month figure adds the months. UPRN-matched sales, a floor on the registry count; the newest months fill in as registrations land. 12-month figure: the months added, 12 months to Mar 2026, 1,375 sales.
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.
3,723 12 months to Sep 2026
3,723 listings
+18.5% on the previous 12 months.
Residential sale listings observed in the month, from portal listings. 12-month figure: the months added, 12 months to Sep 2026, 3,723 listings.
6,889 12 months to Oct 2026
6,889 listings
+23.2% 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 Oct 2026, 6,889 listings.
Never-reduced cohort: undercounts new listings by the reduction share.
251 agents listed homes for sale in City of Westminster; the three largest took 7.3% of the listings.
Days to completion is on the listings matched to a registered sale, not a sell-through rate.
Corporate landlords hold 52% of the 6,620 units in City of Westminster whose freeholder is classified; 97% of all units are not yet classified.
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
City of Westminster ranks 3rd of 33 local authorities in London for sold price per m², at £11,862/m².
City of Westminster ranks 3rd of 33 local authorities in London for sold price per m², at £11,862/m².
| # | Area | Sold price per m² | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | Kensington and Chelsea | £14,124/m² | 12 months to Jun 2026 · from monthly figures | 986 | measured |
| 2 | City and County of the City of London | £11,907/m² | 12 months to Jun 2026 · from monthly figures · 10 of 12 months observed | 84 | indicative |
| 3 | City of Westminster | £11,862/m² | 12 months to Jun 2026 · from monthly figures | 1,348 | measured |
| 4 | Camden | £10,906/m² | 12 months to Jun 2026 · from monthly figures | 950 | measured |
| 5 | Islington | £9,742/m² | 12 months to Jun 2026 · from monthly figures | 1,165 | measured |
Full table: sold price per m² across local authorities in London
City of Westminster ranks 21st of 33 local authorities in London for gross yield, asking basis, at 4.6%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | Newham | 6.5% | 12 months to Oct 2026 · from monthly figures | 15,473 | measured |
| 2 | Tower Hamlets | 6.3% | 12 months to Oct 2026 · from monthly figures | 37,270 | measured |
| 3 | Southwark | 6.1% | 12 months to Oct 2026 · from monthly figures | 23,635 | measured |
| 4 | Barking and Dagenham | 5.8% | 12 months to Oct 2026 · from monthly figures | 6,340 | measured |
| 5 | Wandsworth | 5.7% | 12 months to Oct 2026 · from monthly figures | 33,373 | measured |
| 21 | City of Westminster | 4.6% | 12 months to Oct 2026 · from monthly figures | 31,260 | measured |
Full table: gross yield, asking basis across local authorities in London
City of Westminster ranks 30th of 32 local authorities in London for turnover, at 1.0%.
| # | Area | Turnover | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | Bromley | 2.2% | 12 months to Mar 2026 · from monthly figures | 3,134 | measured |
| 2 | Richmond upon Thames | 2.1% | 12 months to Mar 2026 · from monthly figures | 1,872 | measured |
| 3 | Havering | 2.1% | 12 months to Mar 2026 · from monthly figures | 2,325 | measured |
| 4 | Bexley | 2.0% | 12 months to Mar 2026 · from monthly figures | 2,013 | measured |
| 5 | Sutton | 1.9% | 12 months to Mar 2026 · from monthly figures | 1,645 | measured |
| 30 | City of Westminster | 1.0% | 12 months to Mar 2026 · from monthly figures | 1,375 | measured |
SW1W leads the 7 postcode districts within City of Westminster for sold price per m², at £15,990/m².
| # | Area | Sold price per m² | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | SW1W | £15,990/m² | 12 months to May 2026 · from monthly figures · 6 of 12 months observed | 45 | indicative |
| 2 | W1H | £15,227/m² | 12 months to May 2026 · from monthly figures · 6 of 12 months observed | 43 | indicative |
| 3 | NW8 | £12,370/m² | 12 months to May 2026 · from monthly figures | 160 | measured |
| 4 | W2 | £12,112/m² | 12 months to May 2026 · from monthly figures | 271 | measured |
| 5 | SW1P | £10,700/m² | 12 months to May 2026 · from monthly figures · 11 of 12 months observed | 94 | measured |
Full table: sold price per m² across postcode districts within City of Westminster
W2 leads the 21 postcode districts within City of Westminster for gross yield, asking basis, at 5.1%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | W2 | 5.1% | 12 months to Oct 2026 · from monthly figures | 8,305 | measured |
| 2 | SW1P | 4.9% | 12 months to Oct 2026 · from monthly figures | 1,727 | measured |
| 3 | W9 | 4.7% | 12 months to Oct 2026 · from monthly figures | 2,940 | measured |
| 4 | NW8 | 4.6% | 12 months to Oct 2026 · from monthly figures | 5,060 | measured |
| 5 | SW1V | 4.5% | 12 months to Oct 2026 · from monthly figures | 1,772 | measured |
Full table: gross yield, asking basis across postcode districts within City of Westminster
W9 leads the 3 postcode districts within City of Westminster for turnover, at 1.7%.
| # | Area | Turnover | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | W9 | 1.7% | 12 months to Feb 2026 · from monthly figures | 342 | measured |
| 2 | NW8 | 1.0% | 12 months to Feb 2026 · from monthly figures | 182 | measured |
| 3 | W2 | 1.0% | 12 months to Feb 2026 · from monthly figures | 312 | measured |
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Jun 2026 | Jun 2026 | 1,348 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Jun 2026 | Jun 2026 | 1,348 sales |
| Asking price | MarketCode market evidence | 12 months to Oct 2026 | Oct 2026 | 11,393 listings |
| Asking price per m² | Portal listings | 12 months to Sep 2026 | Sep 2026 | 3,723 listings |
| Asking to sold | Portal listings, monthly rollup | 12 months to Jan 2025 | Jan 2025 | 396 matched sales |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 11,851 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Oct 2026 | Oct 2026 | 31,260 lets |
| Turnover | MarketCode market evidence | 12 months to Mar 2026 | Mar 2026 | 1,375 sales |
| Listings for sale | Portal listings | 12 months to Sep 2026 | Sep 2026 | 3,723 listings |
| New listings | MarketCode market evidence | 12 months to Oct 2026 | Oct 2026 | 6,889 listings |
| Price reductions | MarketCode market evidence | 12 months to Oct 2026 | Oct 2026 | 4,504 listings |
| Live listings | MarketCode market evidence | on 15 Nov 2026 | 15 Nov 2026 | — |
| Days to completion | First listing to registered completion, over the listings matched to a registered sale; not a sell-through rate | 12 months to Jan 2025 | Jan 2025 | 396 matched sales |
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.