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Pimlico House Prices

The average house price in Pimlico is £426,000 using HM Land Registry data.

The average property price decreased by £889,783 (--44.39%) over the last 5 years and decreased by £177,832 (--13.76%) over the last 12 months.

Over the last year, there were 169 residential property sales – a decrease of 60 transactions (-35.50%) relative to the previous year. The majority of house sales (65) were in the £400,000 - £700,000 range. Then came properties in the £700,000 - £1,000,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 136 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-52,214 (-1%).

In April 2024, there were 58 new estate agency instructions, 19 agreed home sales and 38 property price reductions.

5-Year Average Property Prices in Pimlico

-44.39%

Property prices in Pimlico decreased by -44.39% 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 Pimlico Over the Last Year

-13.76%

Property prices in Pimlico decreased by -13.76% 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.

Property Market Heat Gauge for Pimlico - 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 Pimlico

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 Pimlico

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 Pimlico

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 Pimlico since 1995

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

Recent Property Sales in Pimlico

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 31, De Quincey House, Lupus Street, London, Greater London, SW1V 3ER	£580,000	£570,000	-£10,000	04 Jan 2022	24 Nov 2023	689 Days
Flat 90, Shelley House, Churchill Gardens, London, Greater London, SW1V 3JE	£515,000	£506,000	-£9,000	23 Nov 2022	24 Oct 2023	335 Days
Flat 54, Shelley House, Churchill Gardens, London, Greater London, SW1V 3JD	£395,000	£391,000	-£4,000	14 Jun 2023	17 Oct 2023	125 Days
130 Tachbrook Street, London, Greater London, SW1V 2ND	£2,300,000	£2,300,000	£00	07 Nov 2022	12 Oct 2023	339 Days
46 Sussex Street, London, Greater London, SW1V 4RH	£3,250,000	£2,950,000	-£300,000	12 May 2023	09 Oct 2023	150 Days
7a, Warwick Square, London, Greater London, SW1V 2AA	£1,300,000	£1,275,000	-£25,000	19 Nov 2022	12 Sep 2023	297 Days
53 Westmoreland Terrace, London, Greater London, SW1V 4AQ	£2,300,000	£2,100,000	-£200,000	16 Jan 2023	29 Aug 2023	225 Days
37 Alderney Street, London, Greater London, SW1V 4HH	£1,975,000	£1,900,000	-£75,000	25 Apr 2023	21 Aug 2023	118 Days
Flat 87, Henry Wise House, Vauxhall Bridge Road, London, Greater London, SW1V 2SX	£370,000	£370,000	£00	31 May 2023	07 Aug 2023	68 Days
Flat 6, Campbell House, Churchill Gardens, London, Greater London, SW1V 3HS	£695,000	£690,000	-£5,000	20 Apr 2023	31 Jul 2023	102 Days
52b, Gloucester Street, London, Greater London, SW1V 4EH	£775,000	£710,000	-£65,000	03 Mar 2022	30 Jun 2023	484 Days
Flat 12, George Eliot House, Vauxhall Bridge Road, London, Greater London, SW1V 2SR	£425,000	£395,000	-£30,000	10 Oct 2022	26 Jun 2023	259 Days
1 Clarendon Street, London, Greater London, SW1V 2EH	£2,795,000	£2,775,000	-£20,000	03 Apr 2023	22 Jun 2023	80 Days
56 Cumberland Street, London, Greater London, SW1V 4LZ	£3,100,000	£3,075,000	-£25,000	25 Jan 2023	09 Jun 2023	135 Days
Flat L, 59, Warwick Square, London, Greater London, SW1V 2AL	£3,650,000	£1,360,000	-£2,290,000	31 Mar 2022	02 May 2023	397 Days
Third And Fourth Floors, 61, Gloucester Street, London, Greater London, SW1V 4DZ	£895,000	£800,000	-£95,000	23 Jul 2018	04 Apr 2023	1716 Days
Flat 34, Henry Wise House, Vauxhall Bridge Road, London, Greater London, SW1V 2SU	£549,000	£540,000	-£9,000	12 Aug 2022	31 Mar 2023	231 Days
Flat 9, Neate House, Lupus Street, London, Greater London, SW1V 3EG	£625,000	£585,000	-£40,000	11 Feb 2022	31 Mar 2023	413 Days
Flat 8, Evesham House, Abbots Manor, London, Greater London, SW1V 4JS	£615,000	£600,000	-£15,000	14 Nov 2022	15 Mar 2023	121 Days
Flat 36, Chippendale House, Churchill Gardens, London, Greater London, SW1V 3BU	£475,000	£455,000	-£20,000	03 Oct 2022	20 Feb 2023	140 Days

Most Expensive Streets in Pimlico

Postcode	Street	Area	Average	No. of Sales
SW1W 8BW	Whistler Square	London	£10,484,618	22
SW1W 8DS	Mulberry Square	London	£9,637,340	8
SW1W 8DB	Whistler Square	London	£9,620,000	10
SW1W 8PQ	Bloomfield Terrace	London	£6,010,000	5
SW1W 8PG	Bloomfield Terrace	London	£4,709,166	3
SW1V 2AJ	Warwick Square	London	£3,908,333	6
SW1V 2AL	Warwick Square	London	£2,462,222	9
SW1W 8PA	Ranelagh Grove	London	£2,287,500	4
SW1V 2ND	Tachbrook Street	London	£2,271,666	3
SW1V 4AQ	Westmoreland Terrace	London	£2,266,666	3

Least Expensive Streets in Pimlico

Postcode	Street	Area	Average	No. of Sales
SW1V 4LR	Cumberland Street	London	£351,000	5
SW1V 2PW	Moreton Street	London	£371,525	4
SW1V 3QU	St Georges Square	London	£384,700	5
SW1V 3EL	Lupus Street	London	£393,333	3
SW1V 2QP	Tachbrook Street	London	£395,000	4
SW1V 3JD	Shelley House	Churchill Gardens	£407,000	3
SW1V 3HY	Keats House	Churchill Gardens	£437,500	3
SW1V 2SR	George Eliot House	Vauxhall Bridge Road	£446,400	5
SW1V 2TH	Vauxhall Bridge Road	London	£448,000	4
SW1V 2NG	Joseph Conrad House	Tachbrook Street, London	£448,750	4