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Gray's Inn market report WC1R, London
The WC1R (Gray's Inn) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 352 completed sales registered with HM Land Registry in WC1R (London) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the typical home in WC1R (London) sold for £590,000 in 2026, the median of 3 registered sales, down 28% on five years earlier. The mean was £728,300, and by floor area homes here have averaged about £12,400 per square metre over the last five years. The figures cover 352 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
The postcode district WC1R covering Gray's Inn sits in London. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where WC1R 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.
WC1R sold prices: where the market stands
In the WC1R property market, the 2026 median sale price is £590,000, from 3 registered sales; the mean, the "average house price" most sites quote, is £728,300, sitting well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
Price per square metre in WC1R
Per square metre, WC1R homes have averaged around £12,400 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
The national median for England and Wales is £285,000, which puts WC1R 107% above the country at large.
WC1R's median sold price, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £590,000 | £590,000 | 3 |
| 2025 | £850,000 | £870,326 | 7 |
| 2024 | £1,095,000 | £1,164,210 | 6 |
| 2023 | £525,000 | £576,847 | 2 |
| 2022 | £563,000 | £660,182 | 9 |
| 2021 | £817,500 | £1,035,060 | 4 |
| 2020 | £790,000 | £1,025,041 | 7 |
| 2019 | £887,500 | £1,163,300 | 10 |
| 2018 | £1,105,000 | £1,472,986 | 11 |
| 2017 | £757,500 | £1,033,154 | 8 |
| 2016 | £750,000 | £1,049,257 | 3 |
| 2015 | £752,500 | £1,063,283 | 14 |
| 2014 | £840,000 | £1,191,687 | 8 |
| 2013 | £725,000 | £1,043,203 | 21 |
| 2012 | £466,100 | £686,041 | 2 |
| 2011 | £345,000 | £520,817 | 9 |
| 2010 | £402,500 | £631,224 | 10 |
| 2009 | £365,000 | £586,741 | 7 |
| 2008 | £607,500 | £995,821 | 8 |
| 2007 | £496,000 | £841,354 | 11 |
| 2006 | £337,500 | £585,857 | 16 |
| 2005 | £305,000 | £542,777 | 11 |
| 2004 | £320,000 | £581,183 | 15 |
| 2003 | £249,000 | £458,718 | 5 |
| 2002 | £250,000 | £470,373 | 13 |
| 2001 | £392,500 | £754,561 | 42 |
| 2000 | £259,000 | £508,288 | 20 |
| 1999 | £162,500 | £323,854 | 8 |
| 1998 | £126,000 | £254,340 | 24 |
| 1997 | £96,000 | £196,877 | 14 |
| 1996 | £97,000 | £204,569 | 17 |
| 1995 | £123,000 | £267,383 | 7 |
In cash terms the typical WC1R home went from £123,000 in 1995 to £590,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 121%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2018; the current median sits about 60% 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 WC1R 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 (+108.6% on the year before); the weakest, 2009 (−39.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −30.6% | −32.2% |
| 5 years (since 2021) | −6.3% | −10.6% |
| 10 years (since 2016) | −2.4% | −5.6% |
| 20 years (since 2006) | +2.8% | 0.0% |
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, 98% of the typed total.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Terraced | £409,000 (2001) | – | 5 |
| Flats | £850,000 (2025) | – | 315 |
Sales activity in WC1R
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The monthly pulse, last five years
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
The register shows 14 WC1R sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 17 sales a year before the financial crisis and 5 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 shape of the WC1R market
This is a thin market: 14 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.
What homes rent for around WC1R
For renting purposes WC1R sits in Camden. The ONS average private rent there is £2,759 a month (May 2026). The spread runs from £2,008 a month for a typical one-bed to £3,890 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Camden
ONS Price Index of Private Rents, May 2026.
Set against the £590,000 median sold price, £2,759 a month is £33,108 a year, a gross yield of 5.6%: 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.
Common questions on WC1R (Gray's Inn)
Are property prices falling in WC1R (Gray's Inn)?
Is WC1R (Gray's Inn) a good place to buy a house?
How much did a house sell for in WC1R (Gray's Inn)?
Where do WC1R prices go next?
The record answers a different question than "what happens next": the median is down 28% over five years in cash but down 43% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
WC1R's current homes for sale
Everything above is what homes in WC1R sold for. Turning to what is actually available: 3 homes on the market right now, from 2 agents publishing to HomesIndex, at a typical asking price 78% above the WC1R median sold price.
0% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
See every WC1R home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in WC: the cost
What homes of each size actually sold for across the WC area, 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.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Flat | £495,000 | £860,000 (+74%) | £1,405,000 (+63%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
WC1R ranks 12 of 14 in the WC 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.
WC area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside WC1R, sector by sector
The next slice down is the postcode sector: a group of streets, each with its own report. Two sectors a short walk apart can trade at sharply different prices.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| WC1R 4 | £590,000 | 3 |
How WC1R compares nearby
Same city, different markets. The neighbouring districts of the WC area, dearest first:
| District | Median | 5-year |
|---|---|---|
| WC1A | £5,162,500 | +29% |
| WC2B | £2,300,000 | +43% |
| WC2A | £2,060,000 | +18% |
| WC1B | £1,650,000 | +50% |
| WC2N | £1,200,000 | +24% |
| WC2H | £855,000 | -14% |
| WC2E | £800,000 | +37% |
| WC1X | £793,000 | -29% |
| WC1E | £770,000 | -17% |
| WC1V | £763,000 | +35% |
| WC1R (this report) | £590,000 | -28% |
| WC2R | £575,000 | -41% |
| WC1N | £530,000 | -13% |
| WC1H | £445,000 | +13% |
Thinking of selling in WC1R? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in WC1R, open the average prices map and zoom from the WC1R shading down to the sold homes on your own street. Every recorded WC1R 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 WC1R.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to WC1R. Free after a one click sign in.
The live map plots every individual WC1R 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.
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.