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London market report SW1W
The SW1W (London) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 5,022 sales registered with HM Land Registry in SW1W (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.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the middle 2026 sale in SW1W (London) came in at £1,700,000, out of 22 registered, down 17% on five years earlier, and the mean stands at £2,490,800, and by floor area homes here have averaged about £19,030 per square metre over the last five years. The record behind it is 5,022 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
SW1W is the postcode district 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 SW1W 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.
What a home in SW1W sells for
22 sales were registered in SW1W in 2026, and the middle one of them, the median, went for £1,700,000. The mean works out at £2,490,800, well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
What a square metre costs in SW1W
Measured by floor area, the last five years of SW1W sales average about £19,030 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
Set against the £285,000 England and Wales median, SW1W sits 496% above the national market.
SW1W's median sold price, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £1,700,000 | £1,700,000 | 22 |
| 2025 | £1,700,000 | £1,740,652 | 101 |
| 2024 | £1,950,000 | £2,073,251 | 126 |
| 2023 | £1,725,000 | £1,895,354 | 114 |
| 2022 | £2,900,000 | £3,400,581 | 98 |
| 2021 | £2,050,000 | £2,595,565 | 111 |
| 2020 | £1,500,000 | £1,946,281 | 103 |
| 2019 | £2,425,000 | £3,178,595 | 110 |
| 2018 | £1,475,000 | £1,966,203 | 87 |
| 2017 | £1,265,000 | £1,725,333 | 191 |
| 2016 | £1,472,500 | £2,060,042 | 119 |
| 2015 | £1,408,800 | £1,990,634 | 138 |
| 2014 | £1,985,000 | £2,816,069 | 195 |
| 2013 | £1,250,000 | £1,798,625 | 187 |
| 2012 | £1,067,600 | £1,571,374 | 157 |
| 2011 | £897,500 | £1,354,880 | 176 |
| 2010 | £917,500 | £1,438,876 | 142 |
| 2009 | £760,000 | £1,221,706 | 134 |
| 2008 | £895,000 | £1,467,094 | 93 |
| 2007 | £705,000 | £1,195,876 | 189 |
| 2006 | £540,000 | £937,371 | 368 |
| 2005 | £610,000 | £1,085,554 | 214 |
| 2004 | £555,000 | £1,007,988 | 188 |
| 2003 | £500,000 | £921,121 | 137 |
| 2002 | £499,000 | £938,864 | 183 |
| 2001 | £525,000 | £1,009,286 | 208 |
| 2000 | £402,500 | £789,906 | 206 |
| 1999 | £331,000 | £659,666 | 338 |
| 1998 | £334,000 | £674,203 | 149 |
| 1997 | £285,000 | £584,478 | 190 |
| 1996 | £275,000 | £579,963 | 147 |
| 1995 | £235,000 | £510,854 | 101 |
In cash terms the typical SW1W home went from £235,000 in 1995 to £1,700,000 in 2026, roughly 7 times the price. Even after inflation that is a real rise of about 233%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2022, and today's median remains roughly 50% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the SW1W 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 2019 (+64.4% on the year before); the weakest, 2023 (−40.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of flats dominate the record here, 78% of the typed total.
Median by property type, SW1W
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Terraced | £2,812,500 | 8 | 1,119 |
| Flats | £1,000,000 | 14 | 3,858 |
What SW1W has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | 0.0% | −2.3% |
| 5 years (since 2021) | −3.7% | −8.1% |
| 10 years (since 2016) | +1.4% | −1.9% |
| 20 years (since 2006) | +5.9% | +3.0% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Transaction volumes
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Month by month, five years back
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
SW1W recorded 54 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 212 sales a year before the financial crisis and 92 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.
What homes rent for around SW1W
For renting purposes SW1W sits in Westminster. The ONS average private rent there is £3,163 a month (May 2026). Size sets most of the rent: one-beds average £2,517 a month here against £5,378 for four or more bedrooms.
Average monthly rent by size, Westminster
ONS Price Index of Private Rents, May 2026.
£3,163 a month is £37,956 a year, which against the £1,700,000 median sold price makes a gross yield of 2.2%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Reading the SW1W market
Only 54 sales completed here in the last twelve months of data, which makes SW1W a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Among the 27 measurable districts of its area, SW1W ranks 3 by median price: firmly in the dearer tier.
Asked and answered: SW1W (London)
How much did a house sell for in SW1W (London)?
Are property prices falling in SW1W (London)?
Is SW1W (London) a good place to buy a house?
What happens to SW1W prices now?
That question has no honest answer, only evidence. The evidence: the median is down 17% over five years in cash but down 35% 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.
What you could buy in SW1W now
Everything above is what homes in SW1W sold for. This is what you could actually buy today: 44 homes currently on the market from 8 agents publishing to HomesIndex, at a typical asking price 9% below the SW1W median sold price.
18% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every SW1W 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.
Bedroom by bedroom: SW prices by size
What homes of each size actually sold for across the SW area, from the Land Registry record. 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%) |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
SW1W ranks 20 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
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside SW1W, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SW1W 0 | £1,875,000 | 1 |
| SW1W 8 | £1,147,500 | 12 |
| SW1W 9 | £2,225,000 | 9 |
How SW1W 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 (this report) | £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 | £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 a home in SW1W? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in SW1W, open the average prices map and zoom from the SW1W shading down to the sold homes on your own street. Every recorded SW1W sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working SW1W: the featured spot on this report is free for founding agents, one per district. Claim SW1W.
Go deeper
The AI answers from the same Land Registry data this report is built on, already scoped to SW1W. Free after a one click sign in.
Two maps carry on from here: every SW1W sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.