HomesIndex

Local market reportsW areaW1T › W1T 2

W1T 2 local market report London

Every figure on this page comes from the public record: 240 sales registered with HM Land Registry in W1T 2 (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 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

W1T 2 is a postcode sector: one group of streets inside W1T (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.

Where W1T 2 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.

£2,150,000median sold price, 2026
-35%five-year change (cash)
1sales in the last 12 months
1.5%gross rental yield (est.)

What a home in W1T 2 sells for

The 2026 median in W1T 2 is £2,150,000, from 1 registered sales; the mean, £2,150,000, 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 W1T 2 trades 686% above the country as a whole.

The price of a typical W1T 2 home, 1996 to 2026

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.

Price at the timeIn today's money (CPIH)
£12.5M£25M£37.5M£50M200020052010201520202026 1996: £305,000 at the time · £628,209 in today's money · 9 sales1997: £303,800 at the time · £608,482 in today's money · 20 sales1998: £153,800 at the time · £303,206 in today's money · 6 sales1999: £335,000 at the time · £652,045 in today's money · 9 sales2000: £390,000 at the time · £747,500 in today's money · 5 sales2001: £412,500 at the time · £774,490 in today's money · 2 sales2002: £378,000 at the time · £694,594 in today's money · 7 sales2003: £474,500 at the time · £853,729 in today's money · 6 sales2004: £435,000 at the time · £771,594 in today's money · 5 sales2005: £444,000 at the time · £771,688 in today's money · 3 sales2006: £519,800 at the time · £881,233 in today's money · 6 sales2007: £858,800 at the time · £1,422,742 in today's money · 2 sales2008: £1,012,500 at the time · £1,620,940 in today's money · 2 sales2009: £1,440,000 at the time · £2,260,751 in today's money · 4 sales2010: £190,500 at the time · £291,776 in today's money · 3 sales2011: £895,000 at the time · £1,319,551 in today's money · 11 sales2012: £1,085,000 at the time · £1,559,688 in today's money · 9 sales2013: £1,260,000 at the time · £1,770,672 in today's money · 7 sales2014: £1,400,000 at the time · £1,939,759 in today's money · 7 sales2015: £975,000 at the time · £1,345,500 in today's money · 13 sales2016: £1,055,000 at the time · £1,441,485 in today's money · 14 sales2017: £2,750,000 at the time · £3,663,127 in today's money · 12 sales2018: £1,355,000 at the time · £1,764,057 in today's money · 9 sales2019: £2,981,500 at the time · £3,816,763 in today's money · 13 sales2020: £19,500,000 at the time · £24,710,744 in today's money · 9 sales2021: £3,300,000 at the time · £4,080,645 in today's money · 10 sales2022: £980,000 at the time · £1,122,324 in today's money · 3 sales2023: £690,000 at the time · £740,435 in today's money · 9 sales2024: £1,750,000 at the time · £1,817,156 in today's money · 20 sales2025: £1,765,000 at the time · £1,765,000 in today's money · 4 sales2026: £2,150,000 at the time · £2,150,000 in today's money · 1 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£2,150,000£2,150,0001
2025£1,765,000£1,765,0004
2024£1,750,000£1,817,15620
2023£690,000£740,4359
2022£980,000£1,122,3243
2021£3,300,000£4,080,64510
2020£19,500,000£24,710,7449
2019£2,981,500£3,816,76313
2018£1,355,000£1,764,0579
2017£2,750,000£3,663,12712
2016£1,055,000£1,441,48514
2015£975,000£1,345,50013
2014£1,400,000£1,939,7597
2013£1,260,000£1,770,6727
2012£1,085,000£1,559,6889
2011£895,000£1,319,55111
2010£190,500£291,7763
2009£1,440,000£2,260,7514
2008£1,012,500£1,620,9402
2007£858,800£1,422,7422
2006£519,800£881,2336
2005£444,000£771,6883
2004£435,000£771,5945
2003£474,500£853,7296
2002£378,000£694,5947
2001£412,500£774,4902
2000£390,000£747,5005
1999£335,000£652,0459
1998£153,800£303,2066
1997£303,800£608,48220
1996£305,000£628,2099

In cash terms the typical W1T 2 home went from £305,000 in 1996 to £2,150,000 in 2026, roughly 7 times the price. Even after inflation that is a real rise of about 242%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2020; the current median sits about 91% below that. Someone who bought at the 2020 peak has not yet seen that price back in real terms.

Year-on-year change in the W1T 2 median

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

+1000% -1000% 0% 1997 · −0.4% on the year before1998 · −49.4% on the year before1999 · +117.8% on the year before2000 · +16.4% on the year before2001 · +5.8% on the year before2002 · −8.4% on the year before2003 · +25.5% on the year before2004 · −8.3% on the year before2005 · +2.1% on the year before2006 · +17.1% on the year before2007 · +65.2% on the year before2008 · +17.9% on the year before2009 · +42.2% on the year before2010 · −86.8% on the year before2011 · +369.8% on the year before2012 · +21.2% on the year before2013 · +16.1% on the year before2014 · +11.1% on the year before2015 · −30.4% on the year before2016 · +8.2% on the year before2017 · +160.7% on the year before2018 · −50.7% on the year before2019 · +120.0% on the year before2020 · +554.0% on the year before2021 · −83.1% on the year before2022 · −70.3% on the year before2023 · −29.6% on the year before2024 · +153.6% on the year before2025 · +0.9% on the year before2026 · +21.8% on the year before200020052010201520202026

The strongest year on record here is 2020 (+554.0% on the year before); the weakest, 2010 (−86.8%). 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)+21.8%+21.8%
5 years (since 2021)−8.2%−12.0%
10 years (since 2016)+7.4%+4.1%
20 years (since 2006)+7.4%+4.6%

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.

1020 1996: 9 sales1997: 20 sales1998: 6 sales1999: 9 sales2000: 5 sales2001: 2 sales2002: 7 sales2003: 6 sales2004: 5 sales2005: 3 sales2006: 6 sales2007: 2 sales2008: 2 sales2009: 4 sales2010: 3 sales2011: 11 sales2012: 9 sales2013: 7 sales2014: 7 sales2015: 13 sales2016: 14 sales2017: 12 sales2018: 9 sales2019: 13 sales2020: 9 sales2021: 10 sales2022: 3 sales2023: 9 sales2024: 20 sales2025: 4 sales2026: 1 sales200020052010201520202026

W1T 2 recorded 1 sales in the last twelve months of data. Unusually, activity here runs above its pre-2008 level: 7 sales a year over the last five years against 5 before the financial crisis. 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.

What homes rent for around W1T 2

W1T 2 falls under Camden, where the ONS puts the average private rent at £2,759 a month (May 2026 figures). A one-bed averages £2,008 a month here and a four-or-more-bed £3,890, so size does most of the work in setting the rent.

Average monthly rent by size, Camden

ONS Price Index of Private Rents, May 2026.

1 bed: £2,008 a month£2,0081 bed2 bed: £2,563 a month£2,5632 bed3 bed: £2,989 a month£2,9893 bed4+ bed: £3,890 a month£3,8904+ bed

Set against the £2,150,000 median sold price, £2,759 a month is £33,108 a year, a gross yield of 1.5%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will W1T 2 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 35% over five years in cash but down 47% 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.

Other street groups in W1T

Prices can differ sharply between two sectors a few minutes' walk apart. The rest of W1T, each linking to its own report:

SectorMedian (latest)Sales that year
W1T 1£289,0001
W1T 3£1,044,9004
W1T 4£1,062,5002
W1T 5£950,0001
W1T 6£422,5002

Zoom out to the full W1T district report for the type split, monthly volumes and how W1T 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 W1T 2. Free, with a one click sign in.

See every individual W1T 2 sale on the live map, mapped to the exact address, or the quick-reference W1T 2 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.

Advertisement Heatable advertisement