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W1U local market report London

Every figure on this page comes from the public record: 3,844 sales registered with HM Land Registry in W1U (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 data to March 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

W1U is the postcode district covering Marylebone 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 W1U sits

Click the map to open W1U on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

W1WW1BW1SW1TW1FW1DWC1EW2WC2HWC1BWC1AWC1HWC2EWC1NWC2RW1U
£958,900median sold price, 2026
-26%five-year change (cash)
92sales in the last 12 months
4.0%gross rental yield (est.)

What a home in W1U sells for

The 2026 median in W1U is £958,900, from 15 registered sales; the mean, £1,622,600, sits well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

For scale: the England and Wales median is £274,000, so W1U trades 250% above the country as a whole.

The price of a typical W1U home, 1995 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)
£1.25M£2.5M£3.8M£5M1995200020052010201520202026 1995: £140,800 at the time · £298,929 in today's money · 106 sales1996: £136,800 at the time · £281,767 in today's money · 126 sales1997: £205,000 at the time · £410,595 in today's money · 165 sales1998: £230,000 at the time · £453,429 in today's money · 190 sales1999: £275,500 at the time · £536,234 in today's money · 206 sales2000: £300,000 at the time · £575,000 in today's money · 153 sales2001: £321,000 at the time · £602,694 in today's money · 162 sales2002: £418,800 at the time · £769,566 in today's money · 160 sales2003: £409,200 at the time · £736,240 in today's money · 124 sales2004: £408,000 at the time · £723,702 in today's money · 104 sales2005: £420,000 at the time · £729,975 in today's money · 124 sales2006: £492,500 at the time · £834,951 in today's money · 154 sales2007: £700,000 at the time · £1,159,664 in today's money · 157 sales2008: £760,000 at the time · £1,216,705 in today's money · 125 sales2009: £702,500 at the time · £1,102,901 in today's money · 78 sales2010: £740,000 at the time · £1,133,407 in today's money · 96 sales2011: £806,200 at the time · £1,188,628 in today's money · 80 sales2012: £950,000 at the time · £1,365,625 in today's money · 93 sales2013: £996,000 at the time · £1,399,674 in today's money · 113 sales2014: £1,200,000 at the time · £1,662,651 in today's money · 111 sales2015: £1,000,000 at the time · £1,380,000 in today's money · 124 sales2016: £1,325,000 at the time · £1,810,396 in today's money · 140 sales2017: £1,700,000 at the time · £2,264,479 in today's money · 117 sales2018: £1,955,000 at the time · £2,545,189 in today's money · 118 sales2019: £1,460,000 at the time · £1,869,017 in today's money · 121 sales2020: £1,462,500 at the time · £1,853,306 in today's money · 64 sales2021: £1,300,000 at the time · £1,607,527 in today's money · 102 sales2022: £1,250,000 at the time · £1,431,535 in today's money · 88 sales2023: £1,695,000 at the time · £1,818,896 in today's money · 108 sales2024: £1,425,000 at the time · £1,479,684 in today's money · 124 sales2025: £1,475,000 at the time · £1,475,000 in today's money · 96 sales2026: £958,900 at the time · £958,900 in today's money · 15 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£958,900£958,90015
2025£1,475,000£1,475,00096
2024£1,425,000£1,479,684124
2023£1,695,000£1,818,896108
2022£1,250,000£1,431,53588
2021£1,300,000£1,607,527102
2020£1,462,500£1,853,30664
2019£1,460,000£1,869,017121
2018£1,955,000£2,545,189118
2017£1,700,000£2,264,479117
2016£1,325,000£1,810,396140
2015£1,000,000£1,380,000124
2014£1,200,000£1,662,651111
2013£996,000£1,399,674113
2012£950,000£1,365,62593
2011£806,200£1,188,62880
2010£740,000£1,133,40796
2009£702,500£1,102,90178
2008£760,000£1,216,705125
2007£700,000£1,159,664157
2006£492,500£834,951154
2005£420,000£729,975124
2004£408,000£723,702104
2003£409,200£736,240124
2002£418,800£769,566160
2001£321,000£602,694162
2000£300,000£575,000153
1999£275,500£536,234206
1998£230,000£453,429190
1997£205,000£410,595165
1996£136,800£281,767126
1995£140,800£298,929106

In cash terms the typical W1U home went from £140,800 in 1995 to £958,900 in 2026, roughly 7 times the price. Even after inflation that is a real rise of about 221%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2018; the current median sits about 62% below that. Someone who bought at the 2018 peak has not yet seen that price back in real terms.

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 · +17.3% on the year before2007 · +42.1% 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 · +4.8% on the year before2014 · +20.5% on the year before2015 · −16.7% on the year before2016 · +32.5% on the year before2017 · +28.3% on the year before2018 · +15.0% on the year before2019 · −25.3% on the year before2020 · +0.2% on the year before2021 · −11.1% on the year before2022 · −3.8% on the year before2023 · +35.6% on the year before2024 · −15.9% on the year before2025 · +3.5% on the year before2026 · −35.0% on the year before200020052010201520202026

The strongest year on record here is 1997 (+49.9% on the year before); the weakest, 2026 (−35.0%). 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)−35.0%−35.0%
5 years (since 2021)−5.9%−9.8%
10 years (since 2016)−3.2%−6.2%
20 years (since 2006)+3.4%+0.7%

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.

125250 1995: 106 sales1996: 126 sales1997: 165 sales1998: 190 sales1999: 206 sales2000: 153 sales2001: 162 sales2002: 160 sales2003: 124 sales2004: 104 sales2005: 124 sales2006: 154 sales2007: 157 sales2008: 125 sales2009: 78 sales2010: 96 sales2011: 80 sales2012: 93 sales2013: 113 sales2014: 111 sales2015: 124 sales2016: 140 sales2017: 117 sales2018: 118 sales2019: 121 sales2020: 64 sales2021: 102 sales2022: 88 sales2023: 108 sales2024: 124 sales2025: 96 sales2026: 15 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

1325 January 2021 · 4 sales registeredFebruary 2021 · 8 sales registeredMarch 2021 · 12 sales registeredApril 2021 · 9 sales registeredMay 2021 · 4 sales registeredJune 2021 · 17 sales registeredJuly 2021 · 3 sales registeredAugust 2021 · 6 sales registeredSeptember 2021 · 9 sales registeredOctober 2021 · 9 sales registeredNovember 2021 · 10 sales registeredDecember 2021 · 11 sales registeredJanuary 2022 · 8 sales registeredFebruary 2022 · 6 sales registeredMarch 2022 · 7 sales registeredApril 2022 · 4 sales registeredMay 2022 · 5 sales registeredJune 2022 · 8 sales registeredJuly 2022 · 6 sales registeredAugust 2022 · 17 sales registeredSeptember 2022 · 7 sales registeredOctober 2022 · 8 sales registeredNovember 2022 · 9 sales registeredDecember 2022 · 3 sales registeredJanuary 2023 · 6 sales registeredFebruary 2023 · 6 sales registeredApril 2023 · 5 sales registeredMay 2023 · 7 sales registeredJune 2023 · 13 sales registeredJuly 2023 · 9 sales registeredAugust 2023 · 11 sales registeredSeptember 2023 · 7 sales registeredOctober 2023 · 8 sales registeredNovember 2023 · 9 sales registeredDecember 2023 · 25 sales registeredJanuary 2024 · 16 sales registeredFebruary 2024 · 5 sales registeredMarch 2024 · 9 sales registeredApril 2024 · 10 sales registeredMay 2024 · 6 sales registeredJune 2024 · 7 sales registeredJuly 2024 · 12 sales registeredAugust 2024 · 12 sales registeredSeptember 2024 · 14 sales registeredOctober 2024 · 16 sales registeredNovember 2024 · 9 sales registeredDecember 2024 · 8 sales registeredJanuary 2025 · 12 sales registeredFebruary 2025 · 5 sales registeredMarch 2025 · 9 sales registeredApril 2025 · 7 sales registeredMay 2025 · 4 sales registeredJune 2025 · 11 sales registeredJuly 2025 · 8 sales registeredAugust 2025 · 8 sales registeredSeptember 2025 · 21 sales registeredOctober 2025 · 6 sales registeredDecember 2025 · 3 sales registeredJanuary 2026 · 3 sales registeredMarch 2026 · 7 sales registered

W1U recorded 92 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 86 a year over the last five. 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 W1U

W1U 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.

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

Set against the £958,900 median sold price, £3,163 a month is £37,956 a year, a gross yield of 4.0%: 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 W1U prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 26% over five years in cash but down 40% 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.

Ladders and snakes: five-year risers and fallers

W1U ranks 14 of 24 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 biggest risers and fallers in cash terms; every row links to that district's report.

W1GW1G · +18% over five years · median £2,164,100+18%W7W7 · +6% over five years · median £545,000+6%W5W5 · −1% over five years · median £545,000−1%W9W9 · −10% over five years · median £586,600−10%W13W13 · −10% over five years · median £557,500−10%W1UW1U · −26% over five years · median £958,900−26%W8W8 · −43% over five years · median £1,110,000−43%W1DW1D · −54% over five years · median £750,000−54%W1HW1H · −59% over five years · median £590,000−59%W1SW1S · −59% over five years · median £3,045,000−59%W1FW1F · −73% over five years · median £650,000−73%

Inside W1U, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
W1U 1£1,075,0009
W1U 2£1,407,5008
W1U 3£1,400,0005
W1U 4£2,310,00016
W1U 5£1,062,50024
W1U 6£1,300,0007
W1U 7£1,350,0005
W1U 8£3,950,00013

How W1U compares nearby

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

DistrictMedian5-year
W1S£3,045,000-59%
W1J£2,320,000-24%
W1G£2,164,100+18%
W1K£1,837,500-30%
W1B£1,420,000-30%
W8£1,110,000-43%
W1U (this report)£958,900-26%
W1N£900,000+463%
W1T£859,800-39%
W11£792,500-28%
W1D£750,000-54%
W1W£697,500-13%
W2£690,000-27%
W1F£650,000-73%
W4£650,000-12%
W6£600,000-17%
W1H£590,000-59%
W9£586,600-10%
W12£570,000-22%
W10£560,000-20%
W13£557,500-10%
W14£555,000-22%
W5£545,000-1%
W7£545,000+6%

Dig further

See every individual W1U sale on the live map, mapped to the exact address, or the quick-reference W1U 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.