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London market report SW1X

The standing SW1X (London) property market report, rebuilt from the full public record every month. The raw material for this page is 5,357 HM Land Registry entries for SW1X (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 June 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.

In short: a typical SW1X (London) home changed hands for £3,600,000 in 2026 (median of 15 registered sales, up 64% on five years earlier), with the mean at £4,579,800, and by floor area homes here have averaged about £20,870 per square metre over the last five years. Source: 5,357 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.

SW1X is a postcode district in London. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.

Where SW1X 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.

£3,600,000median sold price, 2026
£20,870/m²per square metre, 5-year average
+64%five-year change (cash)
63sales, most recent 12 months
1.1%gross rental yield (est.)

What buyers actually paid in SW1X

Take the 15 registered 2026 sales in SW1X and the middle price, the median, is £3,600,000. The mean lands at £4,579,800, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

Price per square metre in SW1X

Per square metre, SW1X homes have averaged around £20,870 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.

Against a national (England and Wales) median of £285,000, SW1X runs 1163% above it.

A typical SW1X home, priced year by year (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.

Price at the timeIn today's money (CPIH)
£1.25M£2.5M£3.8M£5M1995200020052010201520202026 1995: £275,000 at the time · £597,808 in today's money · 229 sales1996: £319,500 at the time · £673,811 in today's money · 260 sales1997: £400,000 at the time · £820,319 in today's money · 295 sales1998: £400,000 at the time · £807,429 in today's money · 236 sales1999: £475,000 at the time · £946,650 in today's money · 273 sales2000: £512,500 at the time · £1,005,781 in today's money · 312 sales2001: £572,500 at the time · £1,100,602 in today's money · 256 sales2002: £750,000 at the time · £1,411,119 in today's money · 337 sales2003: £660,000 at the time · £1,215,880 in today's money · 238 sales2004: £783,500 at the time · £1,422,989 in today's money · 264 sales2005: £800,000 at the time · £1,423,678 in today's money · 259 sales2006: £945,000 at the time · £1,640,399 in today's money · 280 sales2007: £1,250,000 at the time · £2,120,348 in today's money · 236 sales2008: £1,225,000 at the time · £2,008,034 in today's money · 126 sales2009: £1,300,000 at the time · £2,089,761 in today's money · 108 sales2010: £1,350,000 at the time · £2,117,148 in today's money · 123 sales2011: £1,584,000 at the time · £2,391,231 in today's money · 115 sales2012: £2,306,200 at the time · £3,394,438 in today's money · 136 sales2013: £2,700,000 at the time · £3,885,031 in today's money · 143 sales2014: £3,000,000 at the time · £4,256,024 in today's money · 146 sales2015: £2,850,000 at the time · £4,027,050 in today's money · 81 sales2016: £2,543,500 at the time · £3,558,382 in today's money · 74 sales2017: £2,900,000 at the time · £3,955,309 in today's money · 98 sales2018: £2,825,000 at the time · £3,765,778 in today's money · 53 sales2019: £2,260,000 at the time · £2,962,319 in today's money · 75 sales2020: £2,600,000 at the time · £3,373,554 in today's money · 73 sales2021: £2,195,000 at the time · £2,779,153 in today's money · 104 sales2022: £2,737,500 at the time · £3,210,031 in today's money · 115 sales2023: £2,712,500 at the time · £2,980,375 in today's money · 114 sales2024: £2,740,000 at the time · £2,913,183 in today's money · 98 sales2025: £2,550,000 at the time · £2,610,978 in today's money · 85 sales2026: £3,600,000 at the time · £3,600,000 in today's money · 15 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£3,600,000£3,600,00015
2025£2,550,000£2,610,97885
2024£2,740,000£2,913,18398
2023£2,712,500£2,980,375114
2022£2,737,500£3,210,031115
2021£2,195,000£2,779,153104
2020£2,600,000£3,373,55473
2019£2,260,000£2,962,31975
2018£2,825,000£3,765,77853
2017£2,900,000£3,955,30998
2016£2,543,500£3,558,38274
2015£2,850,000£4,027,05081
2014£3,000,000£4,256,024146
2013£2,700,000£3,885,031143
2012£2,306,200£3,394,438136
2011£1,584,000£2,391,231115
2010£1,350,000£2,117,148123
2009£1,300,000£2,089,761108
2008£1,225,000£2,008,034126
2007£1,250,000£2,120,348236
2006£945,000£1,640,399280
2005£800,000£1,423,678259
2004£783,500£1,422,989264
2003£660,000£1,215,880238
2002£750,000£1,411,119337
2001£572,500£1,100,602256
2000£512,500£1,005,781312
1999£475,000£946,650273
1998£400,000£807,429236
1997£400,000£820,319295
1996£319,500£673,811260
1995£275,000£597,808229

In cash terms the typical SW1X home went from £275,000 in 1995 to £3,600,000 in 2026, roughly 13 times the price. Inflation explains only part of it: in today's money the rise is still about 502%, a genuine increase in what a home here costs. The real-terms peak came in 2014, and today's median remains roughly 15% under it: a 2014 buyer is still waiting to get that price back in today's money.

Year-on-year change in the SW1X median

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

+50% -25% 0% 1996 · +16.2% on the year before1997 · +25.2% on the year before1998 · +0.0% on the year before1999 · +18.8% on the year before2000 · +7.9% on the year before2001 · +11.7% on the year before2002 · +31.0% on the year before2003 · −12.0% on the year before2004 · +18.7% on the year before2005 · +2.1% on the year before2006 · +18.1% on the year before2007 · +32.3% on the year before2008 · −2.0% on the year before2009 · +6.1% on the year before2010 · +3.8% on the year before2011 · +17.3% on the year before2012 · +45.6% on the year before2013 · +17.1% on the year before2014 · +11.1% on the year before2015 · −5.0% on the year before2016 · −10.8% on the year before2017 · +14.0% on the year before2018 · −2.6% on the year before2019 · −20.0% on the year before2020 · +15.0% on the year before2021 · −15.6% on the year before2022 · +24.7% on the year before2023 · −0.9% on the year before2024 · +1.0% on the year before2025 · −6.9% on the year before2026 · +41.2% on the year before200020052010201520202026

The strongest year on record here is 2012 (+45.6% on the year before); the weakest, 2019 (−20.0%). 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 2025)+41.2%+37.9%
5 years (since 2021)+10.4%+5.3%
10 years (since 2016)+3.5%+0.1%
20 years (since 2006)+6.9%+4.0%

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.

Detached, semi, terraced, flat: four markets in one

A single median hides the split beneath it. Sales of flats dominate the record here, 82% of the typed total.

Median by property type, SW1X

One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.

TerracedFlats
£2.5M£5M£7.5M£10M1995200020052010201520202026 1995: Terraced £525,000 · Flats £242,5001996: Terraced £493,000 · Flats £295,0001997: Terraced £675,000 · Flats £345,0001998: Terraced £522,500 · Flats £371,9001999: Terraced £760,000 · Flats £430,0002000: Terraced £1,112,500 · Flats £450,0002001: Terraced £1,002,500 · Flats £499,0002002: Terraced £1,045,000 · Flats £705,0002003: Terraced £935,000 · Flats £635,0002004: Terraced £1,050,000 · Flats £697,5002005: Terraced £1,312,500 · Flats £724,5002006: Terraced £1,497,000 · Flats £850,0002007: Terraced £2,650,000 · Flats £1,120,0002008: Terraced £2,150,000 · Flats £1,100,0002009: Terraced £2,250,000 · Flats £1,267,5002010: Terraced £1,490,900 · Flats £1,325,5002011: Terraced £2,031,800 · Flats £1,550,0002012: Terraced £2,795,000 · Flats £1,900,0002013: Terraced £4,450,000 · Flats £2,325,0002014: Terraced £4,350,000 · Flats £2,750,0002015: Terraced £5,500,000 · Flats £2,600,0002016: Terraced £3,750,000 · Flats £2,400,0002017: Terraced £4,015,000 · Flats £2,800,0002018: Terraced £4,920,000 · Flats £2,373,8002019: Terraced £5,444,500 · Flats £1,900,0002020: Terraced £3,200,000 · Flats £2,475,0002021: Terraced £3,012,500 · Flats £1,750,0002022: Terraced £4,367,200 · Flats £2,347,5002023: Terraced £4,125,000 · Flats £2,500,0002024: Terraced £3,750,000 · Flats £2,375,0002025: Terraced £3,385,000 · Flats £2,050,0002026: Terraced £6,250,000 · Flats £1,550,000
TypeMedian (2026)Sales that yearAll-time sales
Terraced£6,250,0006953
Flats£1,550,00094,364

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.

125250375500 1995: 229 sales1996: 260 sales1997: 295 sales1998: 236 sales1999: 273 sales2000: 312 sales2001: 256 sales2002: 337 sales2003: 238 sales2004: 264 sales2005: 259 sales2006: 280 sales2007: 236 sales2008: 126 sales2009: 108 sales2010: 123 sales2011: 115 sales2012: 136 sales2013: 143 sales2014: 146 sales2015: 81 sales2016: 74 sales2017: 98 sales2018: 53 sales2019: 75 sales2020: 73 sales2021: 104 sales2022: 115 sales2023: 114 sales2024: 98 sales2025: 85 sales2026: 15 sales1995200020052010201520202026

Month by month, five years back

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

6131925 July 2021 · 2 sales registeredAugust 2021 · 8 sales registeredSeptember 2021 · 11 sales registeredOctober 2021 · 4 sales registeredNovember 2021 · 7 sales registeredDecember 2021 · 15 sales registeredJanuary 2022 · 7 sales registeredFebruary 2022 · 10 sales registeredMarch 2022 · 12 sales registeredApril 2022 · 11 sales registeredMay 2022 · 8 sales registeredJune 2022 · 9 sales registeredJuly 2022 · 8 sales registeredAugust 2022 · 6 sales registeredSeptember 2022 · 12 sales registeredOctober 2022 · 11 sales registeredNovember 2022 · 6 sales registeredDecember 2022 · 15 sales registeredJanuary 2023 · 7 sales registeredFebruary 2023 · 3 sales registeredMarch 2023 · 9 sales registeredApril 2023 · 12 sales registeredMay 2023 · 11 sales registeredJune 2023 · 9 sales registeredJuly 2023 · 7 sales registeredAugust 2023 · 7 sales registeredSeptember 2023 · 7 sales registeredOctober 2023 · 8 sales registeredNovember 2023 · 24 sales registeredDecember 2023 · 10 sales registeredJanuary 2024 · 8 sales registeredFebruary 2024 · 6 sales registeredMarch 2024 · 9 sales registeredApril 2024 · 9 sales registeredMay 2024 · 10 sales registeredJune 2024 · 7 sales registeredJuly 2024 · 6 sales registeredAugust 2024 · 8 sales registeredSeptember 2024 · 7 sales registeredOctober 2024 · 10 sales registeredNovember 2024 · 8 sales registeredDecember 2024 · 10 sales registeredJanuary 2025 · 7 sales registeredFebruary 2025 · 8 sales registeredMarch 2025 · 7 sales registeredApril 2025 · 9 sales registeredMay 2025 · 6 sales registeredJune 2025 · 6 sales registeredJuly 2025 · 7 sales registeredAugust 2025 · 6 sales registeredSeptember 2025 · 8 sales registeredOctober 2025 · 7 sales registeredNovember 2025 · 7 sales registeredDecember 2025 · 7 sales registeredJanuary 2026 · 5 sales registeredFebruary 2026 · 3 sales registeredMarch 2026 · 2 sales registeredApril 2026 · 0 sales registeredMay 2026 · 3 sales registeredJune 2026 · 2 sales registered

The register shows 63 SW1X sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 273 sales a year before the financial crisis and 85 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.

What tenants pay around SW1X

The local authority for SW1X is Westminster, and its ONS average private rent currently stands 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

£3,163 a month is £37,956 a year, which against the £3,600,000 median sold price makes a gross yield of 1.1%. 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.

The shape of the SW1X market

Only 63 sales completed here in the last twelve months of data, which makes SW1X 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. SW1X is currently the dearest district of its postcode area by median price.

What people ask about SW1X (London)

Is SW1X (London) a good place to buy a house?
SW1X (London) sold prices are up 64% over five years. This report weighs growth, affordability and volume against neighbouring areas using only recorded sales.
How much did a house sell for in SW1X (London)?
Land Registry recorded 15 sales in SW1X (London) in 2026, with a median sold price of £3,600,000. Every one is free to view at its exact address on the HomesIndex map.
Are property prices falling in SW1X (London)?
In SW1X (London) the median moved up 41% year on year; over five years it is up 64%. The full year-by-year table since 1995 is on this page.

Are SW1X prices heading up or down?

Prediction is not this page's business. Its business is the record, which says: the median is up 64% over five years in cash and up 30% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.

SW1X's current homes for sale

Everything above is what homes in SW1X sold for. Turning to what is actually available: 52 homes on the market right now, from 10 agents publishing to HomesIndex, at a typical asking price 24% below the SW1X median sold price.

£2,725,000Typical asking price now
£3,600,000Median sold price
10 below what sold nearby9 in line with nearby sales11 above nearby sales22 well above nearby sales

Of everything listed here, 19% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.

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 SW1X home for sale on the map →

Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.

The price of an extra bedroom in SW

The Land Registry record, split by size: what each kind of home actually sold for across the SW area. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.

Type1 bed2 bed3 bed4 bed5 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

SW1X ranks 1 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.

Inside SW1X, 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.

SectorMedian (latest)Sales that year
SW1X 0£3,600,0007
SW1X 7£1,550,0001
SW1X 8£5,388,8004
SW1X 9£5,400,0003

How SW1X compares nearby

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

DistrictMedian5-year
SW1X (this report)£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£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 SW1X? Price it on the evidence

The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in SW1X, open the average prices map and zoom from the SW1X shading down to the sold homes on your own street. Every recorded SW1X 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 SW1X: the featured spot on this report is free for founding agents, one per district. Claim SW1X.

Dig further

The AI answers from the same Land Registry data this report is built on, already scoped to SW1X. Free after a one click sign in.

The live map plots every individual SW1X sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator 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.