Local market reports › W area › W1P › W1P 5
W1P 5 local market report West London
Every figure on this page comes from the public record: 13 sales registered with HM Land Registry in W1P 5 (West London) since 1996, 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 2012. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
W1P 5 is a postcode sector: one group of streets inside W1P (West 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.
What a home in W1P 5 sells for
The 2012 median in W1P 5 is £306,500, from 1 registered sales; the mean, £306,500, sits almost on top of it, so sales bunch tightly around the typical price.
For scale: the England and Wales median is £273,500, so W1P 5 trades 12% above the country as a whole.
The price of a typical W1P 5 home, 1996 to 2012
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.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2012 | £306,500 | £440,594 | 1 |
| 2005 | £220,000 | £382,368 | 1 |
| 2004 | £445,000 | £789,332 | 3 |
| 2000 | £80,200 | £153,717 | 1 |
| 1998 | £250,000 | £492,857 | 5 |
| 1997 | £260,000 | £520,755 | 1 |
| 1996 | £250,000 | £514,925 | 1 |
In cash terms the typical W1P 5 home went from £250,000 in 1996 to £306,500 in 2012, a 23% rise. Strip out inflation and it is actually a fall of about 40%: a typical home here costs less in real terms than it did in 1996. Measured in today's money the market peaked in 2004; the current median sits about 44% below that. Someone who bought at the 2004 peak has not yet seen that price back in real terms.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 7 years (since 2005) | +4.9% | +2.0% |
| 7 years (since 2005) | +4.9% | +2.0% |
| 12 years (since 2000) | +11.8% | +9.2% |
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.
W1P 5 recorded 1 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 2 sales a year recently, against 2 a year before 2008. 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.
Will W1P 5 prices rise from here?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 39% over five years in cash but down 20% 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 W area is the point: the same five years treated these districts very differently.
Five-year change in the median, W area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
Zoom out to the full W1P district report for the type split, monthly volumes and how W1P 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 W1P 5. Free, with a one click sign in.
See every individual W1P 5 sale on the live map, mapped to the exact address, or the quick-reference W1P 5 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.