Key indicators for buyers
The W1S market is moderately favourable for buyers. Prices are rising at 14.9%, which may favour acting sooner rather than later. 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 £21,611,059 with a 25% deposit (£5.4M), a 2-year fixed mortgage at 3.97% costs around £85,285 per month.
Monthly cost comparison based on current data
Uses W1S avg. price with City of Westminster rental data
Monthly mortgage payments (£85,285) are £82,147 more than renting (£3,138). However, buying requires an upfront deposit of £5.4M — it would take around 450230 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 5.1, 11 - 13, POLLEN STREET W1S 1NH | Flat/Maisonette | £2,275,000 | 8 Dec 2025 |
SITE OFFICE, 21, MADDOX STREET W1S 2QJ | Other | £100,000 | 24 Oct 2025 |
3, OLD BOND STREET W1S 4PF | Other | £118,668,000 | 17 Oct 2025 |
5, OLD BOND STREET W1S 4PQ | Other | £118,668,000 | 17 Oct 2025 |
31, OLD BOND STREET W1S 4QH | Other | £36,280,000 | 10 Oct 2025 |
APARTMENT 3, 8, MADDOX STREET W1S 1NR | Flat/Maisonette | £3,030,000 | 2 Oct 2025 |
33, ST GEORGE STREET W1S 2FL | Other |
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 W1S sold for £21,611,059 in 2025, with a median of £4,125,000 across 17 transactions. Prices rose 14.9% compared to the previous year.
| £4,200,000 |
| 25 Jul 2025 |
APARTMENT 408, 25, CORK STREET W1S 3NB | Flat/Maisonette | £3,060,000 | 18 Jul 2025 |
APARTMENT 407, 25, CORK STREET W1S 3NB | Other | £3,000,000 | 18 Jul 2025 |
FLAT 2, 46, MADDOX STREET W1S 1AY | Flat/Maisonette | £860,000 | 10 Jul 2025 |
7 - 8, CONDUIT STREET W1S 2XF | Other | £21,000,000 | 27 Jun 2025 |
17, ALBEMARLE STREET W1S 4HP | Other | £15,125,000 | 10 Mar 2025 |
FLAT 1, 50, MADDOX STREET W1S 1AY | Flat/Maisonette | £880,000 | 7 Mar 2025 |
16, CONDUIT STREET W1S 2XL | Other | £10,800,000 | 26 Feb 2025 |
APARTMENT 5, 8, MADDOX STREET W1S 1NR | Flat/Maisonette | £4,125,000 | 24 Feb 2025 |
FLAT 2, 12, STAFFORD STREET W1S 4TF | Flat/Maisonette | £817,000 | 15 Jan 2025 |
6, ALBEMARLE STREET W1S 4BY | Other | £24,500,000 | 7 Jan 2025 |
APARTMENT 2, 9, HANOVER STREET W1S 1YF | Flat/Maisonette | £1,425,000 | 23 Dec 2024 |
GROUND FLOOR, 20, ALBEMARLE STREET W1S 4JS | Other | £85,000 | 21 Nov 2024 |
SECOND FLOOR PREMISES, 21, HANOVER SQUARE W1S 1JW | Other | £14,857 | 28 Oct 2024 |
The most recent recorded sale in W1S was a flat/maisonette property on Pollen Street for £2,275,000 in December 2025. Across the last 20 sales, the median price was £3,060,000.