Westminster, Central London
Average Asking Price - By Bedrooms
Studio - £410k.
1-bed - £692k.
2-bed - £1.19m.
3-bed - £1.95m.
4-bed - £2.71m.
5 bed - £5.39m.
Average Asking Price - £/ sq ft
80% of properties fall between £919 - £2,135/ sq ft.
Average asking price of £1,279/ sq ft for Westminster as a whole.
Sold Prices - £/ sq ft
80% of properties fall between £785 - £1,522/ sq ft.
Average sold price of £1,059/ sq ft for Westminster as a whole.
Growth
1-year growth= -18%
3-year growth= -7%
5-year growth= -7%
Transactions Per Month
Average of 18 sales per month.
Breakdown Of On-Market Properties
Studio - 5% of properties on the open market.
1-bed - 28% of properties on the open market.
2-bed - 40% of properties on the open market.
3-bed - 20% of properties on the open market.
4-bed - 4% of properties on the open market.
5+-bed - 3% of properties on the open market.
Houses - 15.2% of properties on the open market.
Purpose-built flat - 71% of properties on the open market.
Converted flat - 10.3% of properties on the open market.
Commerical flat - 3.5% of properties on the open market.
* The data for this area is up to date, as of when it was posted. For up to date data on your area or postcode, please get in touch!
* Data sources include Rightmove, Rightmove Plus, Zoopla, Zoopla Pro, Onthemarket, PropertyData, Homesearch.