Marylebone House Prices Marylebone House Prices

The average house price in Marylebone is £1,379,750 using HM Land Registry data.

The average property price increased by £459,364 (29.15%) over the last 5 years and increased by £91,809 (4.72%) over the last 12 months.

Over the last year, there were 336 residential property sales – a decrease of 161 transactions (-47.92%) relative to the previous year. The majority of house sales (128) were in the £410,000 - £1,048,000 range. Then came properties in the £1,048,000 - £1,686,000 range, where 73 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 117 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-141,970 (-6%).

In April 2024, there were 157 new estate agency instructions, 52 agreed home sales and 103 property price reductions.

5-Year Average Property Prices in Marylebone

29.15%

Property prices in Marylebone increased by 29.15% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Marylebone Over the Last Year

4.72%

Property prices in Marylebone increased by 4.72% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Marylebone - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Marylebone

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Marylebone

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Marylebone

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Marylebone since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Marylebone area since 1995.

Recent Property Sales in Marylebone

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
50 Charles Lane, London, Greater London, NW8 7SB£2,000,000£1,900,000-£100,00002 May 202302 Feb 2024276 Days
Flat 23, St Johns Wood Court, St Johns Wood Road, London, Greater London, NW8 8QT£850,000£835,000-£15,00011 Jul 202308 Jan 2024181 Days
Flat 14d, Portman Mansions, Chiltern Street, London, Greater London, W1U 6NX£1,050,000£955,000-£95,00023 May 202324 Nov 2023185 Days
77b, Albany Street, London, Greater London, NW1 4BT£425,000£370,000-£55,00014 Oct 202110 Nov 2023757 Days
Basement And Ground Floor Flat C, 44, Montagu Square, London, Greater London, W1H 2LN£2,250,000£2,200,000-£50,00019 May 202303 Nov 2023168 Days
14 Acacia Gardens, London, Greater London, NW8 6AH£2,250,000£2,210,000-£40,00018 May 202301 Nov 2023167 Days
19 Cato Street, London, Greater London, W1H 5HR£1,650,000£1,550,000-£100,00013 Apr 202327 Oct 2023197 Days
Flat 106, Rossmore Court, Park Road, London, Greater London, NW1 6XZ£850,000£800,000-£50,00008 Mar 202320 Oct 2023226 Days
Flat 6, Farnham House, Harewood Avenue, London, Greater London, NW1 6NT£465,000£465,000£0002 Aug 202319 Oct 202378 Days
Flat 26, Cosway Mansions, Shroton Street, London, Greater London, NW1 6UE£1,000,000£925,000-£75,00004 May 202317 Oct 2023166 Days
Flat 98, Lords View, St Johns Wood Road, London, Greater London, NW8 7HG£850,000£800,000-£50,00023 Nov 202206 Oct 2023317 Days
Flat 93, Townshend Court, Mackennal Street, London, Greater London, NW8 7DR£650,000£625,000-£25,00011 Apr 202329 Sep 2023171 Days
Flat 8, Westminster Court, Aberdeen Place, London, Greater London, NW8 8JL£1,840,000£1,790,000-£50,00026 Oct 202228 Sep 2023337 Days
14 Dukes Mews, London, Greater London, W1U 3ET£3,750,000£3,700,000-£50,00002 Jun 202327 Sep 2023117 Days
Flat 71, Clarewood Court, Crawford Street, London, Greater London, W1H 2NW£1,895,000£1,800,000-£95,00024 Jan 202322 Sep 2023241 Days
Flat 25, Lascelles House, Harewood Avenue, London, Greater London, NW1 6NS£750,000£725,000-£25,00021 Jun 202321 Sep 202392 Days
Flat 1b, Portman Mansions, Chiltern Street, London, Greater London, W1U 5AJ£1,450,000£1,150,000-£300,00008 Feb 202120 Sep 2023954 Days
88 Boston Place, London, Greater London, NW1 6EX£1,375,000£1,375,000£0014 Jun 202318 Sep 202396 Days
Flat 16, Farnham House, Harewood Avenue, London, Greater London, NW1 6NT£600,000£550,000-£50,00027 Jun 202315 Sep 202380 Days
56c, Oakley Square, London, Greater London, NW1 1NJ£450,000£427,500-£22,50027 Feb 202315 Sep 2023200 Days

Most Expensive Streets in Marylebone

PostcodeStreetAreaAverageNo. of Sales
NW1 4NDChester TerraceLondon£10,385,7147
W1G 6ENBeaumont MewsLondon£8,970,0004
NW8 6ASAcacia RoadLondon£7,866,6663
W1U 4PYMarylebone High StreetLondon£7,115,6258
NW1 4JXCambridge GateLondon£6,293,1878
W1B 1QYPortland PlaceLondon£5,897,75912
W1B 1AAPark CrescentLondon£5,612,92037
W1G 9XEWelbeck StreetLondon£5,575,0003
W1U 4EJChiltern StreetLondon£5,436,6666
NW1 4RPKent TerraceLondon£5,270,8333

Least Expensive Streets in Marylebone

PostcodeStreetAreaAverageNo. of Sales
W2 2RDForset CourtEdgware Road£273,3333
NW8 7AANewcourt StreetLondon£288,9754
NW8 8EHGateforth StreetLondon£326,5004
W1H 5QBDudley CourtUpper Berkeley Street, London£327,0004
NW8 7NNCochrane StreetLondon£341,6663
NW1 4BUChester CourtAlbany Street, London£342,6663
NW1 1BAEversholt StreetLondon£355,4053
W1H 4ATSeymour PlaceLondon£357,7086
W1H 5PQHarrowby StreetLondon£367,3333
NW8 8LUFrampton StreetLondon£374,5905

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