Key indicators for buyers
The W1C market is moderately favourable for buyers. Prices have softened (-99.2%), 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
The average property in W1C sold for £150,000 in 2025, with a median of £150,000 across 1 transactions. Prices fell 99.2% compared to the previous year.
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 £150,000 with a 25% deposit (£38k), a 2-year fixed mortgage at 3.97% costs around £592 per month.
Monthly cost comparison based on current data
Uses W1C avg. price with City of Westminster rental data
Monthly mortgage payments (£592) are £2,546 less than renting (£3,138). However, buying requires an upfront deposit of £38k — it would take around 1 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
LOWER GROUND FLOOR, 15, STRATFORD PLACE W1C 1BE | Other | £150,000 | 24 Feb 2025 |
13, STRATFORD PLACE W1C 1BB | Other | £18,500,000 | 19 Nov 2024 |
271, OXFORD STREET W1C 2DQ | Other | £25,000 | 14 Jul 2023 |
18, WOODSTOCK STREET W1C 2AL | Other | £3,600,000 | 29 Sept 2022 |
2, STRATFORD PLACE W1C 1AS | Other | £6,250,000 | 10 Mar 2022 |
283, OXFORD STREET W1C 2DN | Other | £43,300,000 | 17 Dec 2021 |
550, OXFORD STREET W1C 1LY | Other | £190,000 |
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.
| 12 Oct 2021 |
UNIT 5, 399, OXFORD STREET W1C 2JZ | Other | £42,000 | 10 Jun 2021 |
THE WOODSTOCK PH, 11, WOODSTOCK STREET W1C 2AE | Other | £5,675,000 | 1 May 2021 |
GROUND FLOOR AND BASEMENT PREMISES, 369, OXFORD STREET W1C 2JW | Other | £4,685,000 | 5 Jul 2019 |
369A, OXFORD STREET W1C 2JW | Other | £4,685,000 | 5 Jul 2019 |
FIRST FLOOR PREMISES, 369/373, OXFORD STREET W1C 2JR | Other | £4,685,000 | 5 Jul 2019 |
373, OXFORD STREET W1C 2JR | Other | £4,685,000 | 5 Jul 2019 |
354 - 358, OXFORD STREET W1C 1JJ | Other | £40,750,000 | 21 Dec 2018 |
550, OXFORD STREET W1C 1LY | Other | £500,000 | 27 Nov 2017 |
395 - 397, OXFORD STREET W1C 2JY | Other | £47,500,000 | 25 Nov 2017 |
UNIT 1, 252 - 258, OXFORD STREET W1C 1DL | Other | £5,520,000 | 11 May 2017 |
UNITS G1 AND G2, WEST ONE SHOPPING CENTRE, OXFORD STREET W1C 2JS | Other | £2,000,000 | 8 Jul 2016 |
252 - 258, OXFORD STREET W1C 1DL | Other | £50,000,000 | 31 Mar 2016 |
287 - 291, OXFORD STREET W1C 2DR | Other | £72,700,000 | 17 Dec 2015 |
The most recent recorded sale in W1C was a other property on Stratford Place for £150,000 in February 2025. Across the last 20 sales, the median price was £4,685,000.