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WC2B local market report London

Every figure on this page comes from the public record: 902 sales registered with HM Land Registry in WC2B (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 December 2025. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

WC2B is the postcode district covering Drury Lane, Kingsway, Aldwych 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 WC2B sits

Click the map to open WC2B on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

WC2EWC2RWC1RWC1AWC2NWC2HWC1BEC4YEC4AEC1NW1DW1FW1TEC1AEC4VEC4MW1BW1WW1SWC2B
£900,000median sold price, 2025
-25%five-year change (cash)
46sales in the last 12 months
3.7%gross rental yield (est.)

What a home in WC2B sells for

The 2025 median in WC2B is £900,000, from 23 registered sales; the mean, £4,508,000, 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 WC2B trades 228% above the country as a whole.

The price of a typical WC2B home, 1995 to 2025

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)
£500k£1.00M£1.50M£2M1995200020052010201520202025 1995: £125,000 at the time · £265,385 in today's money · 13 sales1996: £115,000 at the time · £236,866 in today's money · 17 sales1997: £133,500 at the time · £267,388 in today's money · 14 sales1998: £160,000 at the time · £315,429 in today's money · 27 sales1999: £275,000 at the time · £535,261 in today's money · 59 sales2000: £390,000 at the time · £747,500 in today's money · 62 sales2001: £362,500 at the time · £680,612 in today's money · 47 sales2002: £402,500 at the time · £739,614 in today's money · 36 sales2003: £385,000 at the time · £692,699 in today's money · 33 sales2004: £275,000 at the time · £487,789 in today's money · 25 sales2005: £540,000 at the time · £938,539 in today's money · 31 sales2006: £475,000 at the time · £805,283 in today's money · 33 sales2007: £625,000 at the time · £1,035,414 in today's money · 23 sales2008: £560,000 at the time · £896,520 in today's money · 17 sales2009: £360,000 at the time · £565,188 in today's money · 16 sales2010: £690,000 at the time · £1,056,826 in today's money · 19 sales2011: £700,900 at the time · £1,033,378 in today's money · 18 sales2012: £825,000 at the time · £1,185,938 in today's money · 21 sales2013: £955,000 at the time · £1,342,057 in today's money · 21 sales2014: £702,500 at the time · £973,343 in today's money · 20 sales2015: £812,500 at the time · £1,121,250 in today's money · 28 sales2016: £845,200 at the time · £1,154,828 in today's money · 44 sales2017: £1,332,500 at the time · £1,774,952 in today's money · 25 sales2018: £1,015,000 at the time · £1,321,415 in today's money · 22 sales2019: £1,110,000 at the time · £1,420,965 in today's money · 31 sales2020: £1,200,000 at the time · £1,520,661 in today's money · 51 sales2021: £1,500,000 at the time · £1,854,839 in today's money · 39 sales2022: £1,180,200 at the time · £1,351,598 in today's money · 40 sales2023: £1,284,800 at the time · £1,378,712 in today's money · 20 sales2024: £850,000 at the time · £882,619 in today's money · 27 sales2025: £900,000 at the time · £900,000 in today's money · 23 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2025£900,000£900,00023
2024£850,000£882,61927
2023£1,284,800£1,378,71220
2022£1,180,200£1,351,59840
2021£1,500,000£1,854,83939
2020£1,200,000£1,520,66151
2019£1,110,000£1,420,96531
2018£1,015,000£1,321,41522
2017£1,332,500£1,774,95225
2016£845,200£1,154,82844
2015£812,500£1,121,25028
2014£702,500£973,34320
2013£955,000£1,342,05721
2012£825,000£1,185,93821
2011£700,900£1,033,37818
2010£690,000£1,056,82619
2009£360,000£565,18816
2008£560,000£896,52017
2007£625,000£1,035,41423
2006£475,000£805,28333
2005£540,000£938,53931
2004£275,000£487,78925
2003£385,000£692,69933
2002£402,500£739,61436
2001£362,500£680,61247
2000£390,000£747,50062
1999£275,000£535,26159
1998£160,000£315,42927
1997£133,500£267,38814
1996£115,000£236,86617
1995£125,000£265,38513

In cash terms the typical WC2B home went from £125,000 in 1995 to £900,000 in 2025, roughly 7 times the price. Even after inflation that is a real rise of about 239%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 51% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.

Year-on-year change in the WC2B median

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

+200% -200% 0% 1996 · −8.0% on the year before1997 · +16.1% on the year before1998 · +19.9% on the year before1999 · +71.9% on the year before2000 · +41.8% on the year before2001 · −7.1% on the year before2002 · +11.0% on the year before2003 · −4.3% on the year before2004 · −28.6% on the year before2005 · +96.4% on the year before2006 · −12.0% on the year before2007 · +31.6% on the year before2008 · −10.4% on the year before2009 · −35.7% on the year before2010 · +91.7% on the year before2011 · +1.6% on the year before2012 · +17.7% on the year before2013 · +15.8% on the year before2014 · −26.4% on the year before2015 · +15.7% on the year before2016 · +4.0% on the year before2017 · +57.7% on the year before2018 · −23.8% on the year before2019 · +9.4% on the year before2020 · +8.1% on the year before2021 · +25.0% on the year before2022 · −21.3% on the year before2023 · +8.9% on the year before2024 · −33.8% on the year before2025 · +5.9% on the year before200020052010201520202025

The strongest year on record here is 2005 (+96.4% on the year before); the weakest, 2009 (−35.7%). 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 2024)+5.9%+2.0%
5 years (since 2020)−5.6%−10.0%
10 years (since 2015)+1.0%−2.2%
20 years (since 2005)+2.6%−0.2%

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.

50100 1995: 13 sales1996: 17 sales1997: 14 sales1998: 27 sales1999: 59 sales2000: 62 sales2001: 47 sales2002: 36 sales2003: 33 sales2004: 25 sales2005: 31 sales2006: 33 sales2007: 23 sales2008: 17 sales2009: 16 sales2010: 19 sales2011: 18 sales2012: 21 sales2013: 21 sales2014: 20 sales2015: 28 sales2016: 44 sales2017: 25 sales2018: 22 sales2019: 31 sales2020: 51 sales2021: 39 sales2022: 40 sales2023: 20 sales2024: 27 sales2025: 23 sales1995200020052010201520202025

The last five years, month by month

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

1020 May 2013 · 4 sales registeredJuly 2013 · 3 sales registeredDecember 2013 · 3 sales registeredMarch 2014 · 3 sales registeredOctober 2014 · 3 sales registeredDecember 2014 · 3 sales registeredJanuary 2015 · 5 sales registeredMarch 2015 · 3 sales registeredMay 2015 · 3 sales registeredJuly 2015 · 3 sales registeredNovember 2015 · 3 sales registeredJanuary 2016 · 4 sales registeredMarch 2016 · 9 sales registeredAugust 2016 · 5 sales registeredSeptember 2016 · 7 sales registeredOctober 2016 · 11 sales registeredNovember 2016 · 4 sales registeredJanuary 2017 · 3 sales registeredJuly 2017 · 5 sales registeredAugust 2017 · 7 sales registeredJuly 2018 · 5 sales registeredOctober 2018 · 3 sales registeredJune 2019 · 6 sales registeredJuly 2019 · 5 sales registeredAugust 2019 · 3 sales registeredNovember 2019 · 5 sales registeredJanuary 2020 · 10 sales registeredFebruary 2020 · 5 sales registeredMarch 2020 · 5 sales registeredApril 2020 · 4 sales registeredMay 2020 · 3 sales registeredAugust 2020 · 8 sales registeredSeptember 2020 · 3 sales registeredOctober 2020 · 3 sales registeredNovember 2020 · 4 sales registeredJanuary 2021 · 4 sales registeredMarch 2021 · 5 sales registeredApril 2021 · 3 sales registeredMay 2021 · 3 sales registeredJune 2021 · 9 sales registeredJuly 2021 · 4 sales registeredSeptember 2021 · 6 sales registeredFebruary 2022 · 6 sales registeredMarch 2022 · 4 sales registeredMay 2022 · 3 sales registeredJuly 2022 · 6 sales registeredAugust 2022 · 4 sales registeredSeptember 2022 · 3 sales registeredOctober 2022 · 5 sales registeredNovember 2022 · 3 sales registeredDecember 2022 · 3 sales registeredAugust 2023 · 3 sales registeredSeptember 2023 · 3 sales registeredMay 2024 · 5 sales registeredJune 2024 · 3 sales registeredSeptember 2024 · 3 sales registeredOctober 2024 · 5 sales registeredJanuary 2025 · 5 sales registeredMarch 2025 · 5 sales registeredDecember 2025 · 3 sales registered

WC2B recorded 46 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 30 sales a year recently, against 36 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.

What homes rent for around WC2B

WC2B 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 £900,000 median sold price, £2,759 a month is £33,108 a year, a gross yield of 3.7%: 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 WC2B prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 25% over five years in cash but down 41% 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

WC2B ranks 10 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.

Five-year change in the median, WC area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

WC1VWC1V · +107% over five years · median £4,286,200+107%WC1RWC1R · +31% over five years · median £925,000+31%WC1EWC1E · +25% over five years · median £835,000+25%WC1HWC1H · +15% over five years · median £470,000+15%WC1AWC1A · +14% over five years · median £2,290,000+14%WC2BWC2B · −25% over five years · median £900,000−25%WC1NWC1N · −29% over five years · median £485,000−29%WC1XWC1X · −32% over five years · median £760,400−32%WC1BWC1B · −33% over five years · median £725,000−33%WC2NWC2N · −35% over five years · median £1,140,000−35%

Inside WC2B, 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
WC2B 4£1,175,0007
WC2B 5£790,00018

How WC2B compares nearby

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

DistrictMedian5-year
WC1V£4,286,200+107%
WC1A£2,290,000+14%
WC2R£1,390,000-7%
WC2A£1,320,000-4%
WC2N£1,140,000-35%
WC2E£1,125,000-19%
WC1R£925,000+31%
WC2B (this report)£900,000-25%
WC1E£835,000+25%
WC2H£788,800-14%
WC1X£760,400-32%
WC1B£725,000-33%
WC1N£485,000-29%
WC1H£470,000+15%

Dig further

See every individual WC2B sale on the live map, mapped to the exact address, or the quick-reference WC2B 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.