Key indicators for buyers
The SW1E market is moderately favourable for buyers. Prices have softened (-64.5%), which could present a buying opportunity. Affordability has improved from a peak of 25.4x in 2017 to 16.0x today.
Yearly averages · HM Land Registry Price Paid Data
2025averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider City of Westminster area
A home in City of Westminster costs 16.0x the local median salary — very stretched, improving from a peak of 25.4x in 2017.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider City of Westminster area
Average monthly rent in City of Westminster is £3,138, down 4.6% 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 City of Westminster price of £1,855,000 with a 25% deposit (£464k), a 2-year fixed mortgage at 3.97% costs around £7,321 per month.
Monthly cost comparison based on current data
Uses SW1E avg. price with City of Westminster rental data
Monthly mortgage payments (£7,321) are £4,183 more than renting (£3,138). However, buying requires an upfront deposit of £464k — it would take around 184 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
7, BUCKINGHAM GATE SW1E 6JP | Flat/Maisonette | £775,000 | 19 Dec 2025 |
FLAT 306, 20, PALACE STREET SW1E 5BA | Flat/Maisonette | £950,000 | 17 Dec 2025 |
FLAT 604, 20, PALACE STREET SW1E 5BA | Flat/Maisonette | £1,165,000 | 20 Jun 2025 |
FLAT 2, 33, CATHERINE PLACE SW1E 6DY | Flat/Maisonette | £675,000 | 23 May 2025 |
APARTMENT 2.10, 1, KINGS GATE WALK SW1E 6AN | Flat/Maisonette | £750,000 | 3 Feb 2025 |
APARTMENT BA6.2, 3, BUCKINGHAM GATE SW1E 6JP | Flat/Maisonette | £6,815,000 | 2 Jan 2025 |
APARTMENT BA2.2, 3, BUCKINGHAM GATE |
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.
The average property in SW1E sold for £1,855,000 in 2025, with a median of £862,500 across 6 transactions. Prices fell 64.5% compared to the previous year.
| Flat/Maisonette |
| £6,000,000 |
| 20 Dec 2024 |
APARTMENT 13.04, 1, KINGS GATE WALK SW1E 6AW | Flat/Maisonette | £8,800,000 | 5 Dec 2024 |
APARTMENT BA4.2, 3, BUCKINGHAM GATE SW1E 6JP | Flat/Maisonette | £6,550,000 | 28 Nov 2024 |
FLAT 38, 35, BUCKINGHAM GATE SW1E 6PA | Flat/Maisonette | £337,500 | 28 Nov 2024 |
APARTMENT SP5.1, 1, PALACE STREET SW1E 5DX | Flat/Maisonette | £5,012,700 | 15 Nov 2024 |
FLAT G4, 20, PALACE STREET SW1E 5BA | Flat/Maisonette | £1,395,000 | 7 Nov 2024 |
FLAT 1402, 20, PALACE STREET SW1E 5BB | Flat/Maisonette | £2,325,000 | 30 Oct 2024 |
FLAT 21, STAFFORD MANSIONS, STAFFORD PLACE SW1E 6NL | Flat/Maisonette | £1,080,000 | 25 Oct 2024 |
57A, CATHERINE PLACE SW1E 6DY | Terraced | £3,900,000 | 15 Oct 2024 |
21, BUCKINGHAM GATE SW1E 6LB | Other | £5,430,000 | 17 Sept 2024 |
FLAT 3, 22, BUCKINGHAM GATE SW1E 6LB | Flat/Maisonette | £1,920,000 | 28 Aug 2024 |
4 - 5, BUCKINGHAM GATE SW1E 6JP | Other | £45,000,000 | 5 Aug 2024 |
FLAT 22, 35, BUCKINGHAM GATE SW1E 6PA | Flat/Maisonette | £325,000 | 8 Jul 2024 |
APARTMENT 5.04, 1, KINGS GATE WALK SW1E 6AN | Flat/Maisonette | £1,680,000 | 17 Jun 2024 |
The most recent recorded sale in SW1E was a flat/maisonette property on Buckingham Gate for £775,000 in December 2025. Across the last 20 sales, the median price was £1,920,000.