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SW1P 4 local market report London

Every figure on this page comes from the public record: 4,180 sales registered with HM Land Registry in SW1P 4 (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 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

SW1P 4 is a postcode sector: one group of streets inside SW1P (London). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.

Where SW1P 4 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.

£675,000median sold price, 2026
£11,430/m²average price per m²
+11%five-year change (cash)
9sales in the last 12 months
5.6%gross rental yield (est.)

What a home in SW1P 4 sells for

The 2026 median in SW1P 4 is £675,000, from 9 registered sales; the mean, £608,300, sits below it, which usually means a cluster of very cheap recorded transfers is dragging the average down.

By floor space, homes in SW1P 4 sell for about £11,430 per square metre on average — the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.

For scale: the England and Wales median is £273,500, so SW1P 4 trades 147% above the country as a whole.

The price of a typical SW1P 4 home, 1995 to 2026

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)
£625k£1.25M£1.88M£2.5M1995200020052010201520202026 1995: £87,500 at the time · £185,769 in today's money · 63 sales1996: £86,200 at the time · £177,546 in today's money · 98 sales1997: £125,000 at the time · £250,363 in today's money · 144 sales1998: £190,000 at the time · £374,571 in today's money · 159 sales1999: £224,000 at the time · £435,994 in today's money · 196 sales2000: £235,000 at the time · £450,417 in today's money · 193 sales2001: £237,500 at the time · £445,918 in today's money · 108 sales2002: £290,000 at the time · £532,889 in today's money · 137 sales2003: £365,000 at the time · £656,714 in today's money · 252 sales2004: £275,000 at the time · £487,789 in today's money · 152 sales2005: £363,800 at the time · £632,297 in today's money · 252 sales2006: £375,000 at the time · £635,749 in today's money · 206 sales2007: £433,600 at the time · £718,329 in today's money · 156 sales2008: £405,000 at the time · £648,376 in today's money · 80 sales2009: £437,500 at the time · £686,860 in today's money · 90 sales2010: £495,000 at the time · £758,158 in today's money · 119 sales2011: £548,500 at the time · £808,686 in today's money · 106 sales2012: £567,500 at the time · £815,781 in today's money · 102 sales2013: £630,000 at the time · £885,336 in today's money · 113 sales2014: £670,000 at the time · £928,313 in today's money · 109 sales2015: £980,000 at the time · £1,352,400 in today's money · 153 sales2016: £1,607,400 at the time · £2,196,250 in today's money · 325 sales2017: £1,322,500 at the time · £1,761,631 in today's money · 214 sales2018: £662,200 at the time · £862,109 in today's money · 62 sales2019: £701,000 at the time · £897,384 in today's money · 83 sales2020: £700,000 at the time · £887,052 in today's money · 53 sales2021: £607,500 at the time · £751,210 in today's money · 90 sales2022: £720,000 at the time · £824,564 in today's money · 89 sales2023: £675,000 at the time · £724,339 in today's money · 101 sales2024: £670,000 at the time · £695,711 in today's money · 81 sales2025: £812,500 at the time · £812,500 in today's money · 85 sales2026: £675,000 at the time · £675,000 in today's money · 9 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£675,000£675,0009
2025£812,500£812,50085
2024£670,000£695,71181
2023£675,000£724,339101
2022£720,000£824,56489
2021£607,500£751,21090
2020£700,000£887,05253
2019£701,000£897,38483
2018£662,200£862,10962
2017£1,322,500£1,761,631214
2016£1,607,400£2,196,250325
2015£980,000£1,352,400153
2014£670,000£928,313109
2013£630,000£885,336113
2012£567,500£815,781102
2011£548,500£808,686106
2010£495,000£758,158119
2009£437,500£686,86090
2008£405,000£648,37680
2007£433,600£718,329156
2006£375,000£635,749206
2005£363,800£632,297252
2004£275,000£487,789152
2003£365,000£656,714252
2002£290,000£532,889137
2001£237,500£445,918108
2000£235,000£450,417193
1999£224,000£435,994196
1998£190,000£374,571159
1997£125,000£250,363144
1996£86,200£177,54698
1995£87,500£185,76963

In cash terms the typical SW1P 4 home went from £87,500 in 1995 to £675,000 in 2026, roughly 8 times the price. Even after inflation that is a real rise of about 263%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2016; the current median sits about 69% below that. Someone who bought at the 2016 peak has not yet seen that price back in real terms.

Year-on-year change in the SW1P 4 median

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

+100% -100% 0% 1996 · −1.5% on the year before1997 · +45.0% on the year before1998 · +52.0% on the year before1999 · +17.9% on the year before2000 · +4.9% on the year before2001 · +1.1% on the year before2002 · +22.1% on the year before2003 · +25.9% on the year before2004 · −24.7% on the year before2005 · +32.3% on the year before2006 · +3.1% on the year before2007 · +15.6% on the year before2008 · −6.6% on the year before2009 · +8.0% on the year before2010 · +13.1% on the year before2011 · +10.8% on the year before2012 · +3.5% on the year before2013 · +11.0% on the year before2014 · +6.3% on the year before2015 · +46.3% on the year before2016 · +64.0% on the year before2017 · −17.7% on the year before2018 · −49.9% on the year before2019 · +5.9% on the year before2020 · −0.1% on the year before2021 · −13.2% on the year before2022 · +18.5% on the year before2023 · −6.3% on the year before2024 · −0.7% on the year before2025 · +21.3% on the year before2026 · −16.9% on the year before200020052010201520202026

The strongest year on record here is 2016 (+64.0% on the year before); the weakest, 2018 (−49.9%). 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 2025)−16.9%−16.9%
5 years (since 2021)+2.1%−2.1%
10 years (since 2016)−8.3%−11.1%
20 years (since 2006)+3.0%+0.3%

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.

250500 1995: 63 sales1996: 98 sales1997: 144 sales1998: 159 sales1999: 196 sales2000: 193 sales2001: 108 sales2002: 137 sales2003: 252 sales2004: 152 sales2005: 252 sales2006: 206 sales2007: 156 sales2008: 80 sales2009: 90 sales2010: 119 sales2011: 106 sales2012: 102 sales2013: 113 sales2014: 109 sales2015: 153 sales2016: 325 sales2017: 214 sales2018: 62 sales2019: 83 sales2020: 53 sales2021: 90 sales2022: 89 sales2023: 101 sales2024: 81 sales2025: 85 sales2026: 9 sales1995200020052010201520202026

SW1P 4 recorded 9 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 182 sales a year before the financial crisis and 73 a year over the last five. 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 SW1P 4

SW1P 4 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 £675,000 median sold price, £3,163 a month is £37,956 a year, a gross yield of 5.6%: 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 SW1P 4 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 11% over five years in cash but down 10% 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.

The risers and the fallers

The spread across the SW area is the point: the same five years treated these districts very differently.

Other street groups in SW1P

Prices can differ sharply between two sectors a few minutes' walk apart. The rest of SW1P, each linking to its own report:

SectorMedian (latest)Sales that year
SW1P 1£1,187,5003
SW1P 2£510,0009
SW1P 3£780,0003

Zoom out to the full SW1P district report for the type split, monthly volumes and how SW1P compares with its neighbours.

Dig further

Answers come from the same Land Registry data behind this report, and the AI knows you are asking about SW1P 4. Free, with a one click sign in.

See every individual SW1P 4 sale on the live map, mapped to the exact address, or the quick-reference SW1P 4 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.

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