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Marylebone market report W1U, London

The standing W1U (Marylebone) property market report, rebuilt from the full public record every month. Everything below comes from 3,338 sales recorded by HM Land Registry in W1U (London) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.

Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.

In short: a typical W1U (London) home changed hands for £893,200 in 2026 (median of 16 registered sales, down 31% on five years earlier), with the mean at £1,296,300, and by floor area homes here have averaged about £20,080 per square metre over the last five years. Source: 3,338 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.

W1U 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 W1U 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.

£893,200typical sale, 2026
£20,080/m²per square metre, 5-year average
-31%five-year change (cash)
68sales, most recent 12 months
4.2%estimated gross yield

What a home in W1U sells for

In the W1U property market, the 2026 median sale price is £893,200, from 16 registered sales; the mean, the "average house price" most sites quote, is £1,296,300, sitting well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

What a square metre costs in W1U

Averaged across five years of sales, floor space in W1U costs about £20,080 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.

Against a national (England and Wales) median of £285,000, W1U runs 213% above it.

W1U's median sold price, 1995 to 2026

The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.

Price at the timeIn today's money (CPIH)
£1.25M£2.5M£3.8M£5M1995200020052010201520202026 1995: £140,800 at the time · £306,078 in today's money · 106 sales1996: £136,800 at the time · £288,505 in today's money · 126 sales1997: £205,000 at the time · £420,414 in today's money · 165 sales1998: £230,000 at the time · £464,271 in today's money · 190 sales1999: £275,500 at the time · £549,057 in today's money · 206 sales2000: £300,000 at the time · £588,750 in today's money · 153 sales2001: £321,000 at the time · £617,106 in today's money · 162 sales2002: £418,800 at the time · £787,969 in today's money · 160 sales2003: £409,200 at the time · £753,846 in today's money · 124 sales2004: £408,000 at the time · £741,008 in today's money · 104 sales2005: £420,000 at the time · £747,431 in today's money · 124 sales2006: £495,000 at the time · £859,257 in today's money · 153 sales2007: £700,000 at the time · £1,187,395 in today's money · 157 sales2008: £760,000 at the time · £1,245,800 in today's money · 125 sales2009: £702,500 at the time · £1,129,275 in today's money · 78 sales2010: £740,000 at the time · £1,160,511 in today's money · 96 sales2011: £806,200 at the time · £1,217,052 in today's money · 80 sales2012: £950,000 at the time · £1,398,281 in today's money · 93 sales2013: £985,000 at the time · £1,417,317 in today's money · 95 sales2014: £1,208,000 at the time · £1,713,759 in today's money · 82 sales2015: £1,170,000 at the time · £1,653,210 in today's money · 68 sales2016: £1,841,000 at the time · £2,575,577 in today's money · 63 sales2017: £1,737,500 at the time · £2,369,776 in today's money · 68 sales2018: £2,300,000 at the time · £3,065,943 in today's money · 81 sales2019: £1,350,000 at the time · £1,769,527 in today's money · 71 sales2020: £1,550,000 at the time · £2,011,157 in today's money · 38 sales2021: £1,300,000 at the time · £1,645,968 in today's money · 63 sales2022: £1,296,000 at the time · £1,519,708 in today's money · 43 sales2023: £1,537,500 at the time · £1,689,337 in today's money · 82 sales2024: £1,450,000 at the time · £1,541,648 in today's money · 89 sales2025: £2,125,000 at the time · £2,175,815 in today's money · 77 sales2026: £893,200 at the time · £893,200 in today's money · 16 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£893,200£893,20016
2025£2,125,000£2,175,81577
2024£1,450,000£1,541,64889
2023£1,537,500£1,689,33782
2022£1,296,000£1,519,70843
2021£1,300,000£1,645,96863
2020£1,550,000£2,011,15738
2019£1,350,000£1,769,52771
2018£2,300,000£3,065,94381
2017£1,737,500£2,369,77668
2016£1,841,000£2,575,57763
2015£1,170,000£1,653,21068
2014£1,208,000£1,713,75982
2013£985,000£1,417,31795
2012£950,000£1,398,28193
2011£806,200£1,217,05280
2010£740,000£1,160,51196
2009£702,500£1,129,27578
2008£760,000£1,245,800125
2007£700,000£1,187,395157
2006£495,000£859,257153
2005£420,000£747,431124
2004£408,000£741,008104
2003£409,200£753,846124
2002£418,800£787,969160
2001£321,000£617,106162
2000£300,000£588,750153
1999£275,500£549,057206
1998£230,000£464,271190
1997£205,000£420,414165
1996£136,800£288,505126
1995£140,800£306,078106

In cash terms the typical W1U home went from £140,800 in 1995 to £893,200 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 192%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2018, and today's median remains roughly 71% under it: a 2018 buyer is still waiting to get that price back in today's money.

Year-on-year change in the W1U median

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

+100% -100% 0% 1996 · −2.8% on the year before1997 · +49.9% on the year before1998 · +12.2% on the year before1999 · +19.8% on the year before2000 · +8.9% on the year before2001 · +7.0% on the year before2002 · +30.5% on the year before2003 · −2.3% on the year before2004 · −0.3% on the year before2005 · +2.9% on the year before2006 · +17.9% on the year before2007 · +41.4% on the year before2008 · +8.6% on the year before2009 · −7.6% on the year before2010 · +5.3% on the year before2011 · +8.9% on the year before2012 · +17.8% on the year before2013 · +3.7% on the year before2014 · +22.6% on the year before2015 · −3.1% on the year before2016 · +57.4% on the year before2017 · −5.6% on the year before2018 · +32.4% on the year before2019 · −41.3% on the year before2020 · +14.8% on the year before2021 · −16.1% on the year before2022 · −0.3% on the year before2023 · +18.6% on the year before2024 · −5.7% on the year before2025 · +46.6% on the year before2026 · −58.0% on the year before200020052010201520202026

The strongest year on record here is 2016 (+57.4% on the year before); the weakest, 2026 (−58.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

What W1U has returned, per year

PeriodCash, per yearReal terms, per year
1 years (since 2025)−58.0%−58.9%
5 years (since 2021)−7.2%−11.5%
10 years (since 2016)−7.0%−10.0%
20 years (since 2006)+3.0%+0.2%

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.

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

A single median hides the split beneath it. Sales of flats dominate the record here, 95% of the typed total.

Median by property type, W1U

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
£1.25M£2.5M£3.8M£5M1995200020052010201520202026 1995: Terraced £200,000 · Flats £138,1001996: Terraced £285,800 · Flats £135,0001997: Terraced £350,000 · Flats £193,8001998: Terraced £510,000 · Flats £230,0001999: Terraced £738,000 · Flats £250,0002000: Terraced £495,000 · Flats £295,0002001: Terraced £800,000 · Flats £300,0002002: Terraced £662,500 · Flats £385,0002003: Terraced £1,050,000 · Flats £382,5002004: Terraced £1,481,200 · Flats £395,0002005: Terraced £872,500 · Flats £417,5002006: Terraced £1,535,000 · Flats £490,0002007: Flats £700,0002008: Flats £760,0002009: Flats £697,5002010: Terraced £1,347,500 · Flats £700,0002011: Flats £800,0002012: Flats £935,0002013: Flats £950,0002014: Terraced £2,675,000 · Flats £1,091,7002015: Flats £1,156,8002016: Terraced £4,150,000 · Flats £1,783,0002017: Flats £1,712,5002018: Terraced £1,900,000 · Flats £2,300,0002019: Flats £1,325,0002020: Flats £1,412,5002021: Flats £1,255,0002022: Terraced £3,100,000 · Flats £1,170,0002023: Flats £1,530,0002024: Terraced £1,650,000 · Flats £1,450,0002025: Terraced £3,750,000 · Flats £1,547,5002026: Flats £798,800
TypeMedian (2026)Sales that yearAll-time sales
Terraced£3,750,000 (2025)170
Flats£798,800143,114

How many homes change hands in W1U

The year-by-year sales count

Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.

63125188250 1995: 106 sales1996: 126 sales1997: 165 sales1998: 190 sales1999: 206 sales2000: 153 sales2001: 162 sales2002: 160 sales2003: 124 sales2004: 104 sales2005: 124 sales2006: 153 sales2007: 157 sales2008: 125 sales2009: 78 sales2010: 96 sales2011: 80 sales2012: 93 sales2013: 95 sales2014: 82 sales2015: 68 sales2016: 63 sales2017: 68 sales2018: 81 sales2019: 71 sales2020: 38 sales2021: 63 sales2022: 43 sales2023: 82 sales2024: 89 sales2025: 77 sales2026: 16 sales1995200020052010201520202026

Month by month, five years back

Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.

6131925 August 2021 · 5 sales registeredSeptember 2021 · 5 sales registeredOctober 2021 · 4 sales registeredNovember 2021 · 4 sales registeredDecember 2021 · 5 sales registeredJanuary 2022 · 4 sales registeredFebruary 2022 · 3 sales registeredMarch 2022 · 4 sales registeredApril 2022 · 3 sales registeredMay 2022 · 2 sales registeredJune 2022 · 6 sales registeredJuly 2022 · 4 sales registeredAugust 2022 · 4 sales registeredSeptember 2022 · 4 sales registeredOctober 2022 · 3 sales registeredNovember 2022 · 3 sales registeredDecember 2022 · 3 sales registeredJanuary 2023 · 5 sales registeredFebruary 2023 · 6 sales registeredMarch 2023 · 1 sales registeredApril 2023 · 4 sales registeredMay 2023 · 6 sales registeredJune 2023 · 8 sales registeredJuly 2023 · 4 sales registeredAugust 2023 · 8 sales registeredSeptember 2023 · 6 sales registeredOctober 2023 · 7 sales registeredNovember 2023 · 8 sales registeredDecember 2023 · 19 sales registeredJanuary 2024 · 11 sales registeredFebruary 2024 · 3 sales registeredMarch 2024 · 6 sales registeredApril 2024 · 7 sales registeredMay 2024 · 5 sales registeredJune 2024 · 5 sales registeredJuly 2024 · 9 sales registeredAugust 2024 · 10 sales registeredSeptember 2024 · 11 sales registeredOctober 2024 · 10 sales registeredNovember 2024 · 7 sales registeredDecember 2024 · 5 sales registeredJanuary 2025 · 8 sales registeredFebruary 2025 · 5 sales registeredMarch 2025 · 5 sales registeredApril 2025 · 3 sales registeredMay 2025 · 4 sales registeredJune 2025 · 8 sales registeredJuly 2025 · 6 sales registeredAugust 2025 · 6 sales registeredSeptember 2025 · 21 sales registeredOctober 2025 · 8 sales registeredNovember 2025 · 0 sales registeredDecember 2025 · 3 sales registeredJanuary 2026 · 3 sales registeredFebruary 2026 · 2 sales registeredMarch 2026 · 5 sales registeredApril 2026 · 0 sales registeredMay 2026 · 4 sales registeredJune 2026 · 1 sales registeredJuly 2026 · 1 sales registered

W1U recorded 68 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 142 sales a year before the financial crisis and 61 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.

How W1U trades

This is a thin market: 68 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. 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.

The rental side of W1U

For renting purposes W1U sits in Westminster. The ONS average private rent there is £3,163 a month (May 2026). 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 £893,200 median sold price makes a gross yield of 4.2%. 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.

Asked and answered: W1U (Marylebone)

How much did a house sell for in W1U (Marylebone)?
Land Registry recorded 16 sales in W1U (Marylebone) in 2026, with a median sold price of £893,200. Every one is free to view at its exact address on the HomesIndex map.
Are property prices falling in W1U (Marylebone)?
In W1U (Marylebone) the median moved down 58% year on year; over five years it is down 31%. The full year-by-year table since 1995 is on this page.
Is W1U (Marylebone) a good place to buy a house?
W1U (Marylebone) sold prices are down 31% over five years. This report weighs growth, affordability and volume against neighbouring areas using only recorded sales.

Will W1U prices rise from here?

Prediction is not this page's business. Its business is the record, which says: the median is down 31% over five years in cash but down 46% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.

What you could buy in W1U now

Everything above is what homes in W1U sold for. Turning to what is actually available: 20 homes on the market right now, from 9 agents publishing to HomesIndex, at a typical asking price 311% above the W1U median sold price.

£3,670,000Typical asking price now
£893,200Median sold price
2 below what sold nearby1 in line with nearby sales4 above nearby sales13 well above nearby sales

Of everything listed here, 10% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.

"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.

See every W1U 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.

What another bedroom costs in W

Real sold prices by size across the W area, straight from the Land Registry record. 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.

Type1 bed2 bed3 bed4 bed5 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%)

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. Where too few homes exist to say anything meaningful, the cell is blank.

The risers and the fallers

W1U ranks 19 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.

Inside W1U, 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
W1U 1£1,075,0007
W1U 2£495,0002
W1U 3£1,100,0002
W1U 4£1,500,0003
W1U 5£685,0003
W1U 6£1,300,0005
W1U 7£770,0003
W1U 8£3,850,00017

How W1U compares nearby

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

DistrictMedian5-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£1,007,500+64%
W11£950,000-21%
W1U (this report)£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 in W1U? Start from the sold record

The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in W1U, open the average prices map and zoom from the W1U shading down to the sold homes on your own street. Every recorded W1U sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.

Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim W1U.

Take it further

Behind the answers sits the same Land Registry record as this page, with W1U already set as the subject. Free, one click sign in.

See every individual W1U sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. 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.

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.