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Westminster House Prices

The average house price in Westminster is £793,642 using HM Land Registry data.

The average property price increased by £236,458 (26.48%) over the last 5 years and increased by £47,258 (4.37%) over the last 12 months.

Over the last year, there were 101 residential property sales – a decrease of 60 transactions (-59.41%) relative to the previous year. The majority of house sales (31) were in the £440,000 - £676,000 range. Then came properties in the £676,000 - £912,000 range, where 17 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 105 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-81,518 (-5%).

In May 2025, there were 40 new estate agency instructions, 18 agreed home sales and 49 property price reductions.

5-Year Average Property Prices in Westminster

26.48%

Property prices in Westminster increased by 26.48% 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 Westminster Over the Last Year

4.37%

Property prices in Westminster increased by 4.37% 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 Westminster - May 2025

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 Westminster

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 Westminster

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 Westminster

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 Westminster since 1995

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

Recent Property Sales in Westminster

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 6, Stubbs House, Erasmus Street, London, Greater London, SW1P 4DY	£530,000	£530,000	£0	03 Sep 2024	04 Feb 2025	154 Days
Flat 43, Admiral House, Willow Place, London, Greater London, SW1P 1JW	£499,000	£487,000	-£12,000	17 Jun 2024	10 Jan 2025	207 Days
Flat 42, Tothill House, Page Street, London, Greater London, SW1P 4DQ	£475,000	£455,000	-£20,000	30 Jul 2024	10 Jan 2025	164 Days
Flat 46, Westminster Gardens, Marsham Street, London, Greater London, SW1P 4JG	£1,200,000	£1,175,000	-£25,000	12 Mar 2024	02 Dec 2024	265 Days
Flat 2, Greencoat Mansions, Greencoat Row, London, Greater London, SW1P 1PG	£350,000	£350,000	£0	09 Jul 2024	11 Nov 2024	125 Days
Flat 55, Gainsborough House, Erasmus Street, London, Greater London, SW1P 4HX	£575,000	£525,000	-£50,000	03 May 2024	08 Nov 2024	189 Days
Flat 70, Probyn House, Page Street, London, Greater London, SW1P 4BQ	£550,000	£550,000	£0	09 Jul 2024	08 Nov 2024	122 Days
14 Ponsonby Terrace, London, Greater London, SW1P 4QA	£2,100,000	£1,945,000	-£155,000	17 Apr 2024	11 Oct 2024	177 Days
Flat 10, Lawrence House, Cureton Street, London, Greater London, SW1P 4ED	£530,000	£525,000	-£5,000	14 Nov 2023	16 Sep 2024	307 Days
Flat 22, Wilkie House, Cureton Street, London, Greater London, SW1P 4EH	£425,000	£425,000	£0	25 Apr 2024	03 Sep 2024	131 Days
Flat 15, Admiral House, Willow Place, London, Greater London, SW1P 1JW	£550,000	£525,000	-£25,000	28 Mar 2024	15 Jul 2024	109 Days
Flat 49, Gainsborough House, Erasmus Street, London, Greater London, SW1P 4HX	£550,000	£530,000	-£20,000	26 Oct 2023	08 May 2024	195 Days
Flat 11, Leighton House, John Islip Street, London, Greater London, SW1P 4EA	£625,000	£618,000	-£7,000	12 Jul 2023	20 Mar 2024	252 Days
Flat 9a, Vincent House, Vincent Square, London, Greater London, SW1P 2NB	£1,150,000	£1,150,000	£0	21 Sep 2023	15 Feb 2024	147 Days
Flat 57, Marsham Court, Marsham Street, London, Greater London, SW1P 4JZ	£600,000	£600,000	£0	23 Aug 2023	26 Jan 2024	156 Days
Flat 83, Marsham Court, Marsham Street, London, Greater London, SW1P 4LA	£750,000	£735,000	-£15,000	28 Sep 2023	15 Jan 2024	109 Days
Flat 12, Westminster Gardens, Marsham Street, London, Greater London, SW1P 4JA	£1,325,000	£1,325,000	£0	21 Nov 2023	12 Jan 2024	52 Days
21 Maunsel Street, London, Greater London, SW1P 2QN	£2,370,000	£2,175,000	-£195,000	26 Oct 2023	18 Dec 2023	53 Days
Flat 10, Hogarth House, Erasmus Street, London, Greater London, SW1P 4HS	£700,000	£652,500	-£47,500	08 Jun 2023	01 Dec 2023	176 Days
Flat 8, Brunswick Court, Regency Street, London, Greater London, SW1P 4AE	£675,000	£660,000	-£15,000	13 Oct 2022	03 Nov 2023	386 Days

Most Expensive Streets in Westminster

Postcode	Street	Area	Average	No. of Sales
SW1H 0AF	Victoria Street	London	£4,108,571	7
SW1P 3LD	Lord North Street	London	£3,436,666	3
SW1P 4FE	Abell House	John Islip Street, London	£2,174,090	11
SW1P 2DU	Horseferry Road	London	£2,006,250	4
SW1A 2EP	Whitehall Court	London	£1,922,916	6
SW1P 4QA	Ponsonby Terrace	London	£1,911,500	5
SW1P 2FE	Horseferry Road	London	£1,815,000	6
SW1P 2NU	Vincent Square	London	£1,810,583	6
SW1A 2EL	Whitehall Court	London	£1,766,543	8
SW1P 2DX	Chimes Apartments	Horseferry Road	£1,556,406	30

Least Expensive Streets in Westminster

Postcode	Street	Area	Average	No. of Sales
SW1P 4BJ	Jessel House	Page Street, London	£386,000	3
SW1P 4EH	Wilkie House	Cureton Street, London	£392,500	4
SW1P 4DG	Tothill House	Page Street, London	£418,333	3
SW1P 4BG	Probyn House	Page Street, London	£428,125	8
SW1P 4DQ	Tothill House	Page Street, London	£443,750	4
SW1P 4LG	John Islip Street	London	£464,666	3
SW1P 1JW	Admiral House	Willow Place	£474,875	4
SW1P 4BD	Norfolk House	Regency Street, London	£477,125	4
SW1P 4BQ	Probyn House	Page Street, London	£480,400	5
SW1P 4NR	Chapter Chambers	Chapter Street, London	£481,410	5