Local market reports › W area › W1D
Chinatown market report W1D, London
The W1D (Chinatown) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 432 completed sales registered with HM Land Registry in W1D (London) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Covers registered sales to June 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the typical home in W1D (London) sold for £1,007,500 in 2026, the median of 2 registered sales, up 64% on five years earlier. The mean was £1,007,500, and by floor area homes here have averaged about £18,940 per square metre over the last five years. The figures cover 432 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
W1D is the postcode district covering Soho (south east), Chinatown, Soho Square 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 W1D 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 W1D
The W1D median stands at £1,007,500 for 2026, built from 2 registered sales; the mean, the figure usually quoted as the "average house price", is £1,007,500, practically level with it: prices here bunch tightly around the middle.
What a square metre costs in W1D
Per square metre, W1D homes have averaged around £18,940 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.
Set against the £285,000 England and Wales median, W1D sits 254% above the national market.
A typical W1D home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £1,007,500 | £1,007,500 | 2 |
| 2025 | £690,000 | £706,500 | 7 |
| 2024 | £1,750,000 | £1,860,609 | 1 |
| 2023 | £1,700,000 | £1,867,885 | 11 |
| 2022 | £700,000 | £820,830 | 3 |
| 2021 | £615,000 | £778,669 | 6 |
| 2020 | £724,000 | £939,405 | 5 |
| 2019 | £601,200 | £788,029 | 4 |
| 2018 | £925,000 | £1,233,042 | 1 |
| 2017 | £1,187,900 | £1,620,176 | 18 |
| 2016 | £797,500 | £1,115,710 | 8 |
| 2015 | £730,000 | £1,031,490 | 33 |
| 2014 | £1,998,000 | £2,834,512 | 7 |
| 2013 | £1,750,000 | £2,518,075 | 11 |
| 2012 | £710,000 | £1,045,031 | 6 |
| 2011 | £750,000 | £1,132,212 | 7 |
| 2010 | £1,300,000 | £2,038,735 | 5 |
| 2009 | £637,500 | £1,024,787 | 12 |
| 2008 | £1,132,500 | £1,856,407 | 4 |
| 2007 | £467,000 | £792,162 | 17 |
| 2006 | £387,500 | £672,650 | 16 |
| 2005 | £300,000 | £533,879 | 15 |
| 2004 | £332,500 | £603,885 | 20 |
| 2003 | £250,000 | £460,561 | 22 |
| 2002 | £290,000 | £545,632 | 15 |
| 2001 | £262,000 | £503,682 | 25 |
| 2000 | £233,200 | £457,655 | 22 |
| 1999 | £285,000 | £567,990 | 27 |
| 1998 | £322,500 | £650,989 | 32 |
| 1997 | £130,000 | £266,604 | 20 |
| 1996 | £120,000 | £253,075 | 16 |
| 1995 | £183,500 | £398,901 | 34 |
In cash terms the typical W1D home went from £183,500 in 1995 to £1,007,500 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 153%, a genuine increase in what a home here costs. The real-terms peak came in 2014, and today's median remains roughly 64% under it: a 2014 buyer is still waiting to get that price back in today's money.
Year-on-year change in the W1D 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 (+148.1% on the year before); the weakest, 2015 (−63.5%). 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, 97% of the typed total.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Terraced | £2,200,000 (2003) | – | 12 |
| Flats | £690,000 (2025) | – | 385 |
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +46.0% | +42.6% |
| 5 years (since 2021) | +10.4% | +5.3% |
| 10 years (since 2016) | +2.4% | −1.0% |
| 20 years (since 2006) | +4.9% | +2.0% |
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.
Sales activity in W1D
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.
W1D recorded 20 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 19 sales a year before the financial crisis and 5 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.
Reading the W1D market
Only 20 sales completed here in the last twelve months of data, which makes W1D 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 25 measurable districts of its area, W1D ranks 7 by median price: firmly in the dearer tier.
What homes rent for around W1D
The local authority for W1D is Westminster, and its ONS average private rent currently stands at £3,163 a month (May 2026 figures). 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 £1,007,500 median sold price makes a gross yield of 3.8%. 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.
What people ask about W1D (Chinatown)
Is W1D (Chinatown) a good place to buy a house?
How much did a house sell for in W1D (Chinatown)?
Are property prices falling in W1D (Chinatown)?
What happens to W1D prices now?
That question has no honest answer, only evidence. The evidence: the median is up 64% over five years in cash and up 29% 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 W1D now
Everything above is what homes in W1D sold for. This is what you could actually buy today: 3 homes currently on the market from 3 agents publishing to HomesIndex, at a typical asking price 50% below the W1D median sold price.
Of everything listed here, 0% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
See every W1D 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.
Bedroom by bedroom: W prices by size
Real sold prices by size across the W area, straight from the Land Registry record. 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.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | — | £1,185,000 | £1,648,050 (+39%) | £2,400,000 (+46%) |
| Semi-detached | — | £650,000 | £850,000 (+31%) | £1,175,000 (+38%) | £1,681,250 (+43%) |
| Terraced | £563,825 | £675,000 (+20%) | £875,000 (+30%) | £1,200,000 (+37%) | £1,750,000 (+46%) |
| Flat | £450,000 | £630,000 (+40%) | £1,100,000 (+75%) | £2,300,000 (+109%) | £4,100,000 (+78%) |
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
W1D ranks 1 of 25 in the W 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, W area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside W1D, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| W1D 3 | £765,000 | 1 |
| W1D 4 | £1,250,000 | 1 |
How W1D compares nearby
Same city, different markets. The neighbouring districts of the W area, dearest first:
| District | Median | 5-year |
|---|---|---|
| W1S | £4,666,000 | -9% |
| W1K | £4,085,000 | +0% |
| W1B | £2,003,800 | -53% |
| W1J | £1,700,000 | +14% |
| W1G | £1,450,000 | -14% |
| W8 | £1,135,000 | -45% |
| W1D (this report) | £1,007,500 | +64% |
| W11 | £950,000 | -21% |
| W1U | £893,200 | -31% |
| W1H | £892,500 | -40% |
| W4 | £822,500 | +6% |
| W2 | £740,000 | -22% |
| W1W | £725,000 | -12% |
| W10 | £702,500 | -2% |
| W13 | £691,000 | +6% |
| W1T | £675,000 | -56% |
| W6 | £661,000 | -12% |
| W9 | £625,000 | -9% |
| W12 | £623,800 | -17% |
| W5 | £585,000 | +2% |
| W14 | £577,500 | -21% |
| W7 | £571,800 | +6% |
| W1F | £565,000 | -53% |
| W3 | £430,000 | -24% |
Selling a home in W1D? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in W1D, open the average prices map and zoom from the W1D shading down to the sold homes on your own street. Every recorded W1D sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim W1D.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about W1D. Free, with a one click sign in.
Two maps carry on from here: every W1D 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.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.