Key indicators for buyers
The W1P market is moderately favourable for buyers. Prices have softened (-33.4%), which could present a buying opportunity. Affordability has improved from a peak of 20.1x in 2017 to 14.4x today.
Yearly averages · HM Land Registry Price Paid Data
The average property in W1P sold for £306,500 in 2012, with a median of £306,500 across 1 transactions. Prices fell 33.4% compared to the previous year.
2012averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Camden area
A home in Camden costs 14.4x the local median salary — very stretched, improving from a peak of 20.1x in 2017.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Camden area
Average monthly rent in Camden is £2,624, down 7.5% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Camden price of £306,500 with a 25% deposit (£77k), a 2-year fixed mortgage at 3.97% costs around £1,210 per month.
Monthly cost comparison based on current data
Uses W1P avg. price with Camden rental data
Monthly mortgage payments (£1,210) are £1,414 less than renting (£2,624). However, buying requires an upfront deposit of £77k — it would take around 3 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
42A, MAPLE STREET W1P 5GD | Flat/Maisonette | £306,500 | 11 Jan 2012 |
FLAT 1, 21 - 22, GOSFIELD STREET W1P 7HB | Flat/Maisonette | £460,000 | 30 Apr 2009 |
12B, TOTTENHAM STREET, LONDON W1P 9PQ | Flat/Maisonette | £210,000 | 21 Apr 2006 |
42A, MAPLE STREET, LONDON W1P 5GD | Flat/Maisonette | £220,000 | 14 Dec 2005 |
FLAT 5, 5 - 7, GRAFTON MEWS, LONDON W1P 5LG | Flat/Maisonette | £445,000 | 14 Dec 2004 |
FLAT 6, 5 - 7, GRAFTON MEWS, LONDON W1P 5LG | Flat/Maisonette | £150,000 | 18 Jun 2004 |
FLAT 4, 5 - 7, GRAFTON MEWS, LONDON W1P 5LG |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
| Flat/Maisonette |
| £458,000 |
| 2 Apr 2004 |
FLAT 1, 21 - 22, GOSFIELD STREET, LONDON W1P 7HB | Flat/Maisonette | £367,000 | 3 Jan 2003 |
FLAT 8, 26, HANSON STREET, LONDON W1P 7DD | Flat/Maisonette | £241,500 | 12 Sept 2002 |
PART OF, COLLINGWOOD HOUSE, 128, PART OF, COLLEGE HILL W1P 7AW | Flat/Maisonette | £225,000 | 12 Sept 2002 |
FLAT 4, 1A, LITTLE TITCHFIELD STREET, LONDON W1P 7FG | Flat/Maisonette | £238,000 | 18 Jan 2002 |
FLAT 1, 1A, LITTLE TITCHFIELD STREET, LONDON W1P 7FG | Flat/Maisonette | £393,000 | 10 Aug 2001 |
FLAT 4, 1A, LITTLE TITCHFIELD STREET, LONDON W1P 7FG | Flat/Maisonette | £187,000 | 21 Jun 2001 |
25E, FITZROY SQUARE W1P 5HJ | Flat/Maisonette | £80,200 | 21 Dec 2000 |
FLAT 4, 21 - 22, GOSFIELD STREET W1P 7HB | Flat/Maisonette | £175,000 | 15 Oct 1999 |
THE MEWS HOUSE, 23, GOODGE PLACE W1P 1FN | Semi-detached | £393,000 | 23 Sept 1999 |
FLAT 1, 21 - 22, GOSFIELD STREET W1P 7HB | Flat/Maisonette | £185,000 | 28 May 1999 |
FLAT 1, 1A, LITTLE TITCHFIELD STREET W1P 7FG | Flat/Maisonette | £210,000 | 30 Apr 1999 |
FLAT 1, 21 - 22, GOSFIELD STREET, LONDON W1P 7HB | Flat/Maisonette | £110,000 | 2 Oct 1998 |
FLAT 1, 5 - 7, GRAFTON MEWS, LONDON W1P 5LG | Flat/Maisonette | £250,000 | 13 Sept 1998 |
The most recent recorded sale in W1P was a flat/maisonette property on Maple Street for £306,500 in January 2012. Across the last 20 sales, the median price was £238,000.