Local market reports › SW area › SW1H
London market report SW1H
The standing SW1H (London) property market report, rebuilt from the full public record every month. The raw material for this page is 942 HM Land Registry entries for SW1H (London), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for SW1H (London) is £630,000, from 7 registered sales, down 41% on five years earlier; the mean is £653,300, and by floor area homes here have averaged about £21,930 per square metre over the last five years. Behind the figures sit 942 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
The postcode district SW1H sits in London. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where SW1H sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in SW1H
Across 7 registered 2026 sales, the typical (median) SW1H home went for £630,000. The mean is £653,300, almost on top of it, so sales bunch tightly around the typical price.
SW1H prices by floor area
The last five years of sales put SW1H at roughly £21,930 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
For scale: the England and Wales median is £285,000, so SW1H trades 121% above the country as a whole.
SW1H's median sold price, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £630,000 | £630,000 | 7 |
| 2025 | £1,050,000 | £1,075,109 | 30 |
| 2024 | £2,550,000 | £2,711,174 | 14 |
| 2023 | £1,733,100 | £1,904,254 | 45 |
| 2022 | £2,858,600 | £3,352,035 | 38 |
| 2021 | £1,060,000 | £1,342,097 | 24 |
| 2020 | £1,760,000 | £2,283,636 | 15 |
| 2019 | £1,680,000 | £2,202,078 | 17 |
| 2018 | £2,020,000 | £2,692,698 | 11 |
| 2017 | £1,100,000 | £1,500,290 | 13 |
| 2016 | £1,193,800 | £1,670,138 | 32 |
| 2015 | £792,500 | £1,119,803 | 14 |
| 2014 | £780,000 | £1,106,566 | 20 |
| 2013 | £742,500 | £1,068,383 | 20 |
| 2012 | £630,000 | £927,281 | 23 |
| 2011 | £668,000 | £1,008,423 | 13 |
| 2010 | £700,000 | £1,097,780 | 32 |
| 2009 | £403,500 | £648,630 | 28 |
| 2008 | £740,000 | £1,213,016 | 27 |
| 2007 | £475,000 | £805,732 | 39 |
| 2006 | £445,000 | £772,463 | 46 |
| 2005 | £310,000 | £551,675 | 23 |
| 2004 | £380,000 | £690,154 | 29 |
| 2003 | £352,500 | £649,390 | 62 |
| 2002 | £420,000 | £790,226 | 147 |
| 2001 | £292,500 | £562,316 | 40 |
| 2000 | £370,000 | £726,125 | 30 |
| 1999 | £295,000 | £587,920 | 45 |
| 1998 | £582,500 | £1,175,818 | 19 |
| 1997 | £95,000 | £194,826 | 22 |
| 1996 | £90,000 | £189,806 | 9 |
| 1995 | £63,100 | £137,170 | 8 |
In cash terms the typical SW1H home went from £63,100 in 1995 to £630,000 in 2026, roughly 10 times the price. Adjusted for inflation it still comes to a real rise of roughly 359%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2022, and today's median remains roughly 81% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the SW1H median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 1998 (+513.2% on the year before); the weakest, 2025 (−58.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −40.0% | −41.4% |
| 5 years (since 2021) | −9.9% | −14.0% |
| 10 years (since 2016) | −6.2% | −9.3% |
| 20 years (since 2006) | +1.8% | −1.0% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
The turnover behind the prices
How many homes change hands
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The last five years, month by month
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
SW1H recorded 30 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 52 sales a year before the financial crisis and 27 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Rents around SW1H
The local authority for SW1H is Westminster, and its ONS average private rent currently stands at £3,163 a month (May 2026 figures). The spread runs from £2,517 a month for a typical one-bed to £5,378 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Westminster
ONS Price Index of Private Rents, May 2026.
Against the £630,000 median purchase price, a rent of £3,163 a month (£37,956 a year) works out at a 6.0% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
The shape of the SW1H market
Only 30 sales completed here in the last twelve months of data, which makes SW1H a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing.
SW1H (London): the questions that come up
How much did a house sell for in SW1H (London)?
Are property prices falling in SW1H (London)?
Is SW1H (London) a good place to buy a house?
Are SW1H prices heading up or down?
That question has no honest answer, only evidence. The evidence: the median is down 41% over five years in cash but down 53% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
SW1H's current homes for sale
Everything above is what homes in SW1H sold for. The live side of the market holds 7 homes at the moment, listed by 5 agents publishing to HomesIndex, at a typical asking price 83% above the SW1H median sold price.
0% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
See every SW1H home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in SW: the cost
The Land Registry record, split by size: what each kind of home actually sold for across the SW area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | — | £1,050,000 | £1,797,500 (+71%) | £2,600,000 (+45%) |
| Semi-detached | £478,500 | £645,000 (+35%) | £850,000 (+32%) | £1,200,000 (+41%) | £1,800,000 (+50%) |
| Terraced | £535,000 | £685,000 (+28%) | £850,000 (+24%) | £1,210,000 (+42%) | £1,680,000 (+39%) |
| Flat | £428,000 | £590,000 (+38%) | £900,000 (+53%) | £1,850,000 (+106%) | £3,700,000 (+100%) |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
SW1H 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.
Winners and losers across the SW area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside SW1H, sector by sector
The next slice down is the postcode sector: a group of streets, each with its own report. Two sectors a short walk apart can trade at sharply different prices.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SW1H 0 | £640,000 | 6 |
| SW1H 9 | £300,000 | 1 |
How SW1H compares nearby
Same city, different markets. The neighbouring districts of the SW area, dearest first:
| District | Median | 5-year |
|---|---|---|
| SW1X | £3,600,000 | +64% |
| SW1A | £1,765,000 | -41% |
| SW1W | £1,700,000 | -17% |
| SW7 | £1,170,000 | -26% |
| SW3 | £1,100,000 | -27% |
| SW1Y | £1,037,500 | -7% |
| SW13 | £1,005,000 | -20% |
| SW10 | £872,400 | -19% |
| SW5 | £863,000 | -7% |
| SW14 | £785,000 | -18% |
| SW1E | £761,900 | -7% |
| SW6 | £755,000 | -11% |
| SW11 | £695,000 | -10% |
| SW20 | £685,000 | -1% |
| SW1P | £675,000 | -6% |
| SW1V | £644,000 | -14% |
| SW1H (this report) | £630,000 | -41% |
| SW12 | £623,500 | -11% |
| SW18 | £615,000 | -2% |
| SW15 | £600,000 | -3% |
| SW17 | £585,000 | -1% |
| SW4 | £555,000 | -13% |
| SW8 | £555,000 | -9% |
| SW19 | £555,000 | -15% |
Selling in SW1H? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in SW1H, open the average prices map and zoom from the SW1H shading down to the sold homes on your own street. Every recorded SW1H sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim SW1H.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to SW1H. Free after a one click sign in.
See every individual SW1H sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. 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.