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SW1A local market report London

Every figure on this page comes from the public record: 537 sales registered with HM Land Registry in SW1A (London) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to March 2025. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

SW1A is the postcode district covering Whitehall, Downing Street, Buckingham Palace in London. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where SW1A sits

Click the map to open SW1A on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

SW1PW1SW1FW1DWC2NWC2HW1KWC2ESW1XWC2REC4YEC4VSW1A
£1,765,000median sold price, 2025
-43%five-year change (cash)
71sales in the last 12 months
2.2%gross rental yield (est.)

What a home in SW1A sells for

The 2025 median in SW1A is £1,765,000, from 16 registered sales; the mean, £2,976,700, sits well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

For scale: the England and Wales median is £274,000, so SW1A trades 544% above the country as a whole.

The price of a typical SW1A home, 1995 to 2025

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£5M£10M£15M£20M1995200020052010201520202025 1995: £200,000 at the time · £424,615 in today's money · 9 sales1996: £242,000 at the time · £498,448 in today's money · 7 sales1997: £277,500 at the time · £555,806 in today's money · 24 sales1998: £987,000 at the time · £1,945,800 in today's money · 7 sales1999: £325,000 at the time · £632,581 in today's money · 14 sales2000: £350,000 at the time · £670,833 in today's money · 43 sales2001: £395,000 at the time · £741,633 in today's money · 19 sales2002: £525,000 at the time · £964,714 in today's money · 15 sales2003: £655,000 at the time · £1,178,488 in today's money · 18 sales2004: £372,500 at the time · £660,733 in today's money · 13 sales2005: £670,000 at the time · £1,164,484 in today's money · 10 sales2006: £685,000 at the time · £1,161,302 in today's money · 14 sales2007: £580,000 at the time · £960,864 in today's money · 16 sales2008: £1,040,000 at the time · £1,664,965 in today's money · 10 sales2009: £720,000 at the time · £1,130,375 in today's money · 13 sales2010: £950,000 at the time · £1,455,050 in today's money · 11 sales2011: £1,752,000 at the time · £2,583,077 in today's money · 7 sales2012: £3,450,000 at the time · £4,959,375 in today's money · 7 sales2013: £1,650,000 at the time · £2,318,737 in today's money · 14 sales2014: £3,600,000 at the time · £4,987,952 in today's money · 21 sales2015: £5,500,000 at the time · £7,590,000 in today's money · 28 sales2016: £1,700,000 at the time · £2,322,772 in today's money · 23 sales2017: £2,400,000 at the time · £3,196,911 in today's money · 27 sales2018: £3,517,500 at the time · £4,579,387 in today's money · 19 sales2019: £3,850,000 at the time · £4,928,571 in today's money · 15 sales2020: £3,088,800 at the time · £3,914,182 in today's money · 13 sales2021: £3,875,000 at the time · £4,791,667 in today's money · 14 sales2022: £10,700,000 at the time · £12,253,942 in today's money · 15 sales2023: £7,325,000 at the time · £7,860,420 in today's money · 56 sales2024: £6,781,100 at the time · £7,041,323 in today's money · 19 sales2025: £1,765,000 at the time · £1,765,000 in today's money · 16 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2025£1,765,000£1,765,00016
2024£6,781,100£7,041,32319
2023£7,325,000£7,860,42056
2022£10,700,000£12,253,94215
2021£3,875,000£4,791,66714
2020£3,088,800£3,914,18213
2019£3,850,000£4,928,57115
2018£3,517,500£4,579,38719
2017£2,400,000£3,196,91127
2016£1,700,000£2,322,77223
2015£5,500,000£7,590,00028
2014£3,600,000£4,987,95221
2013£1,650,000£2,318,73714
2012£3,450,000£4,959,3757
2011£1,752,000£2,583,0777
2010£950,000£1,455,05011
2009£720,000£1,130,37513
2008£1,040,000£1,664,96510
2007£580,000£960,86416
2006£685,000£1,161,30214
2005£670,000£1,164,48410
2004£372,500£660,73313
2003£655,000£1,178,48818
2002£525,000£964,71415
2001£395,000£741,63319
2000£350,000£670,83343
1999£325,000£632,58114
1998£987,000£1,945,8007
1997£277,500£555,80624
1996£242,000£498,4487
1995£200,000£424,6159

In cash terms the typical SW1A home went from £200,000 in 1995 to £1,765,000 in 2025, roughly 9 times the price. Even after inflation that is a real rise of about 316%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2022; the current median sits about 86% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.

Year-on-year change in the SW1A median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+500% -500% 0% 1996 · +21.0% on the year before1997 · +14.7% on the year before1998 · +255.7% on the year before1999 · −67.1% on the year before2000 · +7.7% on the year before2001 · +12.9% on the year before2002 · +32.9% on the year before2003 · +24.8% on the year before2004 · −43.1% on the year before2005 · +79.9% on the year before2006 · +2.2% on the year before2007 · −15.3% on the year before2008 · +79.3% on the year before2009 · −30.8% on the year before2010 · +31.9% on the year before2011 · +84.4% on the year before2012 · +96.9% on the year before2013 · −52.2% on the year before2014 · +118.2% on the year before2015 · +52.8% on the year before2016 · −69.1% on the year before2017 · +41.2% on the year before2018 · +46.6% on the year before2019 · +9.5% on the year before2020 · −19.8% on the year before2021 · +25.5% on the year before2022 · +176.1% on the year before2023 · −31.5% on the year before2024 · −7.4% on the year before2025 · −74.0% on the year before200020052010201520202025

The strongest year on record here is 1998 (+255.7% on the year before); the weakest, 2025 (−74.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2024)−74.0%−74.9%
5 years (since 2020)−10.6%−14.7%
10 years (since 2015)−10.7%−13.6%
20 years (since 2005)+5.0%+2.1%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

50100 1995: 9 sales1996: 7 sales1997: 24 sales1998: 7 sales1999: 14 sales2000: 43 sales2001: 19 sales2002: 15 sales2003: 18 sales2004: 13 sales2005: 10 sales2006: 14 sales2007: 16 sales2008: 10 sales2009: 13 sales2010: 11 sales2011: 7 sales2012: 7 sales2013: 14 sales2014: 21 sales2015: 28 sales2016: 23 sales2017: 27 sales2018: 19 sales2019: 15 sales2020: 13 sales2021: 14 sales2022: 15 sales2023: 56 sales2024: 19 sales2025: 16 sales1995200020052010201520202025

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

1020 March 2000 · 9 sales registeredApril 2000 · 5 sales registeredMay 2000 · 4 sales registeredJune 2000 · 4 sales registeredSeptember 2000 · 3 sales registeredOctober 2000 · 5 sales registeredNovember 2000 · 5 sales registeredJanuary 2001 · 4 sales registeredFebruary 2001 · 4 sales registeredSeptember 2001 · 3 sales registeredFebruary 2002 · 5 sales registeredAugust 2002 · 3 sales registeredMarch 2003 · 3 sales registeredApril 2003 · 3 sales registeredJanuary 2004 · 5 sales registeredOctober 2005 · 3 sales registeredFebruary 2006 · 3 sales registeredSeptember 2006 · 3 sales registeredApril 2007 · 3 sales registeredJuly 2007 · 3 sales registeredOctober 2009 · 3 sales registeredNovember 2010 · 3 sales registeredJuly 2013 · 3 sales registeredAugust 2014 · 5 sales registeredSeptember 2014 · 3 sales registeredOctober 2014 · 3 sales registeredJanuary 2015 · 5 sales registeredApril 2015 · 3 sales registeredMay 2015 · 3 sales registeredJune 2015 · 4 sales registeredOctober 2015 · 3 sales registeredMarch 2016 · 4 sales registeredAugust 2016 · 3 sales registeredNovember 2016 · 3 sales registeredDecember 2016 · 6 sales registeredJanuary 2017 · 4 sales registeredMarch 2017 · 3 sales registeredMay 2017 · 3 sales registeredSeptember 2017 · 4 sales registeredOctober 2017 · 3 sales registeredNovember 2017 · 3 sales registeredMay 2018 · 4 sales registeredDecember 2018 · 5 sales registeredAugust 2019 · 3 sales registeredMarch 2020 · 3 sales registeredJune 2021 · 3 sales registeredSeptember 2021 · 3 sales registeredJanuary 2022 · 3 sales registeredApril 2022 · 6 sales registeredMarch 2023 · 17 sales registeredApril 2023 · 5 sales registeredMay 2023 · 3 sales registeredJune 2023 · 12 sales registeredSeptember 2023 · 7 sales registeredOctober 2023 · 3 sales registeredDecember 2023 · 3 sales registeredJanuary 2024 · 3 sales registeredFebruary 2024 · 3 sales registeredFebruary 2025 · 3 sales registeredMarch 2025 · 6 sales registered

SW1A recorded 71 sales in the last twelve months of data. Unusually, activity here runs above its pre-2008 level: 24 sales a year over the last five years against 19 before the financial crisis. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around SW1A

SW1A falls under Westminster, where the ONS puts the average private rent at £3,163 a month (May 2026 figures). A one-bed averages £2,517 a month here and a four-or-more-bed £5,378, so size does most of the work in setting the rent.

Average monthly rent by size, Westminster

ONS Price Index of Private Rents, May 2026.

1 bed: £2,517 a month£2,5171 bed2 bed: £3,268 a month£3,2682 bed3 bed: £3,849 a month£3,8493 bed4+ bed: £5,378 a month£5,3784+ bed

Set against the £1,765,000 median sold price, £3,163 a month is £37,956 a year, a gross yield of 2.2%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will SW1A prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 43% over five years in cash but down 55% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

SW1A ranks 26 of 27 in the SW area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.

Five-year change in the median, SW area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

SW1XSW1X · +22% over five years · median £2,600,000+22%SW16SW16 · +1% over five years · median £480,000+1%SW17SW17 · +1% over five years · median £580,000+1%SW18SW18 · −2% over five years · median £602,000−2%SW20SW20 · −2% over five years · median £665,500−2%SW7SW7 · −34% over five years · median £1,020,000−34%SW1ESW1E · −39% over five years · median £1,165,000−39%SW1HSW1H · −39% over five years · median £630,000−39%SW1ASW1A · −43% over five years · median £1,765,000−43%SW1YSW1Y · −55% over five years · median £907,000−55%

Inside SW1A, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
SW1A 1£1,700,0006
SW1A 2£1,765,00010

How SW1A compares nearby

Same city, different markets. The neighbouring districts of the SW area, dearest first:

DistrictMedian5-year
SW1X£2,600,000+22%
SW1A (this report)£1,765,000-43%
SW1W£1,600,000-10%
SW1E£1,165,000-39%
SW3£1,100,000-20%
SW7£1,020,000-34%
SW13£955,000-24%
SW10£915,000-10%
SW1Y£907,000-55%
SW5£815,000-8%
SW14£725,000-20%
SW1P£667,500-6%
SW20£665,500-2%
SW11£660,000-9%
SW6£650,000-22%
SW1H£630,000-39%
SW1V£605,000-19%
SW18£602,000-2%
SW12£580,000-16%
SW17£580,000+1%
SW8£550,000-7%
SW19£545,000-13%
SW4£540,000-14%
SW15£530,000-12%

Dig further

See every individual SW1A sale on the live map, mapped to the exact address, or the quick-reference SW1A price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.