Local market reports › W area › W1H
Marylebone market report W1H, London
The standing W1H (Marylebone) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 4,784 sales registered with HM Land Registry in W1H (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 recorded to August 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release. Page updated 19 October 2026.
In short: the 2026 median for W1H (London) is £951,400, from 30 registered sales, down 36% on five years earlier; the mean is £1,365,900, and by floor area homes here have averaged about £16,100 per square metre over the last five years. Behind the figures sit 4,784 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
W1H is a postcode district covering Marylebone 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 W1H 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 W1H sells for
30 sales were registered in W1H in 2026, and the middle one of them, the median, went for £951,400. The mean works out at £1,365,900, well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
W1H prices by floor area
By floor space, homes in W1H have sold for about £16,100 per square metre on average over the last five years: 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.
Set against the £285,000 England and Wales median, W1H sits 234% above the national market.
W1H's median sold price, 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 | £951,400 | £951,400 | 30 |
| 2025 | £1,295,000 | £1,325,967 | 78 |
| 2024 | £1,797,500 | £1,911,112 | 86 |
| 2023 | £1,287,500 | £1,414,648 | 88 |
| 2022 | £1,848,600 | £2,167,694 | 84 |
| 2021 | £1,485,000 | £1,880,202 | 94 |
| 2020 | £1,387,500 | £1,800,310 | 58 |
| 2019 | £1,250,000 | £1,638,451 | 71 |
| 2018 | £1,475,000 | £1,966,203 | 78 |
| 2017 | £1,222,500 | £1,667,367 | 86 |
| 2016 | £1,167,500 | £1,633,344 | 88 |
| 2015 | £1,300,000 | £1,836,900 | 103 |
| 2014 | £1,132,500 | £1,606,649 | 140 |
| 2013 | £960,000 | £1,381,344 | 141 |
| 2012 | £853,200 | £1,255,804 | 132 |
| 2011 | £780,000 | £1,177,500 | 126 |
| 2010 | £736,000 | £1,154,238 | 131 |
| 2009 | £575,000 | £924,317 | 133 |
| 2008 | £530,000 | £868,782 | 105 |
| 2007 | £540,000 | £915,990 | 219 |
| 2006 | £430,000 | £746,425 | 255 |
| 2005 | £397,000 | £706,500 | 182 |
| 2004 | £360,000 | £653,830 | 191 |
| 2003 | £395,000 | £727,686 | 201 |
| 2002 | £340,500 | £640,648 | 416 |
| 2001 | £300,000 | £576,735 | 238 |
| 2000 | £302,500 | £593,656 | 272 |
| 1999 | £261,200 | £520,558 | 254 |
| 1998 | £232,500 | £469,318 | 180 |
| 1997 | £190,000 | £389,652 | 246 |
| 1996 | £145,000 | £305,799 | 164 |
| 1995 | £139,000 | £302,165 | 114 |
In cash terms the typical W1H home went from £139,000 in 1995 to £951,400 in 2026, roughly 7 times the price. Adjusted for inflation it still comes to a real rise of roughly 215%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 56% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the W1H 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 2024 (+39.6% on the year before); the weakest, 2023 (−30.4%). 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, 91% of the typed total.
Median by property type, W1H
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 |
|---|---|---|---|
| Semi-detached | £350,000 (1998) | – | 5 |
| Terraced | £2,050,000 | 5 | 399 |
| Flats | £860,000 | 25 | 4,344 |
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 year (since 2025) | −26.5% | −28.2% |
| 5 years (since 2021) | −8.5% | −12.7% |
| 6 years (since 2020) | −6.1% | −10.1% |
| 10 years (since 2016) | −2.0% | −5.3% |
| 20 years (since 2006) | +4.1% | +1.2% |
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
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.
Month by month, five years back
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
W1H recorded 50 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 247 sales a year before the financial crisis and 73 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.
The rental side of W1H
W1H 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.
Against the £951,400 median purchase price, a rent of £3,163 a month (£37,956 a year) works out at a 4.0% 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.
What kind of market W1H is
This is a thin market: 50 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Flats dominate what actually sells, at 71% of last year's transactions, and the headline median follows them. House buyers should lean on the type split above rather than the overall figure. 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.
Common questions on W1H (Marylebone)
Are property prices falling in W1H (Marylebone)?
Is W1H (Marylebone) a good place to buy a house?
How much did a house sell for in W1H (Marylebone)?
What happens to W1H prices now?
Prediction is not this page's business. Its business is the record, which says: the median is down 36% over five years in cash but down 49% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
On the market in W1H today
Everything above is what homes in W1H 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 89% above the W1H median sold price.
Set against 50 registered sales in the last twelve months, the 7 homes on the market here are roughly 7 weeks of supply at last year's pace, and more in reality, since only agents who publish to HomesIndex are counted.
14% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
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 W1H 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 W1H sales calendar
Take the 430 W1H sales dated 2021 to 2025 and sort them by month: June completions lead with 12.3% of the total, April trails with 6.3%. The gap between the two is wide enough to plan around: completion follows the agreed sale by weeks, so the busiest month for completions points to deals done earlier, and a seller wanting several bidders should list ahead of it.
Sales by month, 2021 to 2025
| Month | Sales | Share |
|---|---|---|
| January | 29 | 6.7% |
| February | 33 | 7.7% |
| March | 44 | 10.2% |
| April | 27 | 6.3% |
| May | 28 | 6.5% |
| June | 53 | 12.3% |
| July | 38 | 8.8% |
| August | 36 | 8.4% |
| September | 38 | 8.8% |
| October | 32 | 7.4% |
| November | 42 | 9.8% |
| December | 30 | 7.0% |
Moving up a bedroom in W: the cost
The Land Registry record, split by size: what each kind of home actually sold for across the W 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 | — | — | — | £1,230,000 | £1,600,500 (+30%) |
| Semi-detached | — | £593,250 | £749,000 (+26%) | £920,000 (+23%) | £1,237,500 (+35%) |
| Terraced | £515,000 | £670,000 (+30%) | £875,000 (+31%) | £1,175,000 (+34%) | £1,550,000 (+32%) |
| Flat | £440,000 | £583,265 (+33%) | £850,000 (+46%) | £1,125,687 (+32%) | £2,369,000 (+110%) |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
W1H ranks 21 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 W1H, 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 |
|---|---|---|
| W1H 1 | £872,500 | 8 |
| W1H 2 | £1,725,000 | 9 |
| W1H 4 | £500,000 | 5 |
| W1H 5 | £850,000 | 7 |
| W1H 6 | £2,367,000 | 1 |
| W1H 7 | £1,382,500 | 16 |
How W1H compares nearby
Same city, different markets. The neighbouring districts of the W area, dearest first:
| District | Median | 5-year |
|---|---|---|
| W1S | £5,846,000 | +14% |
| W1K | £4,042,500 | -1% |
| W1B | £3,250,000 | -24% |
| W1J | £1,700,000 | +14% |
| W1G | £1,450,000 | -14% |
| W8 | £1,150,000 | -44% |
| W1U | £1,066,900 | -18% |
| W1H (this report) | £951,400 | -36% |
| W11 | £945,000 | -21% |
| W1T | £835,000 | -45% |
| W4 | £825,000 | +6% |
| W1W | £775,000 | -6% |
| W1D | £765,000 | +24% |
| W2 | £750,000 | -21% |
| W13 | £707,500 | +9% |
| W10 | £665,000 | -8% |
| W6 | £650,000 | -13% |
| W12 | £629,600 | -16% |
| W9 | £625,000 | -9% |
| W5 | £620,000 | +8% |
| W14 | £575,000 | -22% |
| W7 | £572,000 | +6% |
| W1F | £532,500 | -56% |
| W3 | £440,000 | -22% |
Selling in W1H? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in W1H, open the average prices map and zoom from the W1H shading down to the sold homes on your own street. Every recorded W1H sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Go deeper
Behind the answers sits the same Land Registry record as this page, with W1H already set as the subject. Free, one click sign in.
The live map plots every individual W1H 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.