Victoria House Prices Victoria House Prices

The average house price in Victoria is £1,175,000 using HM Land Registry data.

The average property price decreased by £312,471 (--17.09%) over the last 5 years and decreased by £62,451 (--3.96%) over the last 12 months.

Over the last year, there were 26 residential property sales – an increase of 8 transactions (30.77%) relative to the previous year. The majority of house sales (7) were in the £932,000 - £1,424,000 range. Then came properties in the £440,000 - £932,000 range, where 5 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-57,730 (-4%).

In April 2024, there were 14 new estate agency instructions, 1 agreed home sales and 5 property price reductions.

5-Year Average Property Prices in Victoria

-17.09%

Property prices in Victoria decreased by -17.09% 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 Victoria Over the Last Year

-3.96%

Property prices in Victoria decreased by -3.96% 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 Victoria - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 Victoria

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 Victoria

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 Victoria

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 Victoria since 1995

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

Recent Property Sales in Victoria

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 2, Carlisle Mansions, Carlisle Place, London, Greater London, SW1P 1HX£1,425,000£1,175,000-£250,00030 Mar 202304 Dec 2023249 Days
Flat 15, Carlisle Mansions, Carlisle Place, London, Greater London, SW1P 1HX£1,400,000£1,250,000-£150,00008 Mar 202305 May 202358 Days
Flat 16, Cathedral Mansions, Vauxhall Bridge Road, London, Greater London, SW1V 1BP£310,000£266,000-£44,00014 Jul 202228 Feb 2023229 Days
Flat 8, Carlisle Mansions, Carlisle Place, London, Greater London, SW1P 1HX£1,850,000£1,700,000-£150,00010 Oct 202227 Jan 2023109 Days
5 Victoria Square, London, Greater London, SW1W 0QY£4,900,000£4,700,000-£200,00015 Apr 202129 Jun 202175 Days
Flat 2, Evelyn Mansions, Carlisle Place, London, Greater London, SW1P 1NH£1,150,000£1,095,000-£55,00018 Jul 202001 Jun 2021318 Days
Flat 71, Carlisle Mansions, Carlisle Place, London, Greater London, SW1P 1HZ£2,650,000£2,500,000-£150,00022 Dec 202016 Apr 2021115 Days
Flat 25, Ashley Court, Morpeth Terrace, London, Greater London, SW1P 1EN£430,000£425,000-£5,00018 Sep 202021 Jan 2021125 Days
Flat 80, Carlisle Mansions, Carlisle Place, London, Greater London, SW1P 1HZ£2,500,000£2,175,000-£325,00005 Feb 202030 Sep 2020238 Days
38 Grosvenor Gardens Mews South, London, Greater London, SW1W 0LB£3,500,000£3,100,000-£400,00003 Oct 201903 Apr 2020183 Days
3d, Carlisle Place, London, Greater London, SW1P 1NP£1,800,000£1,800,000£0008 Oct 201907 Feb 2020122 Days
2e, Carlisle Place, London, Greater London, SW1P 1NP£2,000,000£1,550,000-£450,00010 Oct 201813 Dec 2019429 Days
Flat 56, Carlisle Mansions, Carlisle Place, London, Greater London, SW1P 1HY£2,750,000£2,300,000-£450,00004 Sep 201830 Aug 2019360 Days
Flat 82, Carlisle Mansions, Carlisle Place, London, Greater London, SW1P 1HZ£2,495,000£2,200,000-£295,00026 Jun 201828 Aug 2019428 Days
Flat 1, Cathedral Mansions, Vauxhall Bridge Road, London, Greater London, SW1V 1BP£370,000£342,000-£28,00025 Jan 201907 Mar 201941 Days
1a, Morpeth Terrace, London, Greater London, SW1P 1EW£695,000£640,000-£55,00001 Aug 201831 Jan 2019183 Days
Flat 17, Cathedral Mansions, Vauxhall Bridge Road, London, Greater London, SW1V 1BP£600,000£462,500-£137,50010 Aug 201809 Nov 201891 Days
Flat 7, Cathedral Mansions, Vauxhall Bridge Road, London, Greater London, SW1V 1BP£475,000£470,000-£5,00010 May 201822 Oct 2018165 Days
3dd, Morpeth Terrace, London, Greater London, SW1P 1EW£1,150,000£1,000,000-£150,00008 Sep 201716 Mar 2018189 Days

Most Expensive Streets in Victoria

PostcodeStreetAreaAverageNo. of Sales
SW1P 1QFAshley GardensAmbrosden Avenue£2,486,8754
SW1P 1HZCarlisle MansionsCarlisle Place£2,400,0006
SW1W 0PBEbury StreetLondon£2,243,8577
SW1W 0PAEbury StreetLondon£1,993,7504
SW1W 0AJBuckingham Palace RoadLondon£1,938,21414
SW1P 1HXCarlisle MansionsCarlisle Place£1,475,0004
SW1P 1HJAshley GardensThirleby Road£1,354,7508
SW1P 1ETMorpeth MansionsMorpeth Terrace£1,349,5004
SW1P 1ERMorpeth MansionsMorpeth Terrace£1,345,9596
SW1P 1HWAshley GardensThirleby Road£1,328,2663

Least Expensive Streets in Victoria

PostcodeStreetAreaAverageNo. of Sales
SW1P 1QQAmbrosden AvenueLondon£475,3128
SW1P 1ENAshley CourtMorpeth Terrace£553,7504
SW1P 1NPCarlisle PlaceLondon£1,034,7086
SW1W 0NYEbury StreetLondon£1,131,2504
SW1P 1HNAshley GardensThirleby Road£1,158,3339
SW1V 1AAVauxhall Bridge RoadLondon£1,187,0005
SW1P 1HWAshley GardensThirleby Road£1,328,2663
SW1P 1ERMorpeth MansionsMorpeth Terrace£1,345,9596
SW1P 1ETMorpeth MansionsMorpeth Terrace£1,349,5004
SW1P 1HJAshley GardensThirleby Road£1,354,7508

Explore Victoria and Neighbouring Area House Prices