House Prices in SW7 House Prices in SW7 (London)

The average house price in SW7 (London) is £1,345,000 using HM Land Registry data.

The average property price increased by £158,626 (-32.23%) over the last 5 years and increased by £31,783 (-8%) over the last 12 months.

Over the last year, there were 174 residential property sales – a decrease of 62 transactions (-35.63%) relative to the previous year. The majority of house sales (59) were in the £700,000 - £1,374,000 range. Then came properties in the £1,374,000 - £2,048,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 113 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-471,938 (-12%).

In Oct 24, there were 99 new estate agency instructions, 29 agreed home sales and 75 property price reductions.

5-Year Average Property Prices in SW7 (London)

-32.23%

Property prices in London decreased by -32.23% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SW7 (London) Over the Last Year

-8%

Property prices in London decreased by -8% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for SW7 (London) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SW7 (London)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SW7 (London)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SW7 (London)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SW7 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SW7 postcode area since 1995.

Recent Sales in SW7 (London)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 45, Malvern Court, Onslow Square, London, Greater London, SW7 3HY£2,750,000£1,275,000-£1,475,00013 Oct 202316 Jan 202495 Days
7 Manson Mews, London, Greater London, SW7 5AF£2,475,000£2,130,000-£345,00020 Feb 202315 Dec 2023298 Days
1 Hereford Square, London, Greater London, SW7 4TT£3,250,000£3,050,000-£200,00004 May 202327 Nov 2023207 Days
36 Rutland Court, London, Greater London, SW7 1BW£5,600,000£5,450,000-£150,00018 May 202324 Nov 2023190 Days
4 Sterling Street, London, Greater London, SW7 1HN£3,700,000£3,350,000-£350,00017 May 202324 Nov 2023191 Days
14 Elm Place, London, Greater London, SW7 3QJ£4,250,000£4,125,000-£125,00012 Jun 202316 Nov 2023157 Days
Flat 70, Kingston House South, Ennismore Gardens, London, Greater London, SW7 1NG£2,750,000£2,650,000-£100,00023 May 202310 Nov 2023171 Days
Flat 47, Malvern Court, Onslow Square, London, Greater London, SW7 3HY£2,500,000£2,495,000-£5,00017 Jul 202316 Oct 202391 Days
28 Trevor Place, London, Greater London, SW7 1LD£4,995,000£4,200,000-£795,00024 Jul 202329 Sep 202367 Days
29 Queens Gate Place Mews, London, Greater London, SW7 5BG£4,800,000£4,400,000-£400,00016 May 202328 Sep 2023135 Days
Flat 40, Melton Court, Onslow Crescent, London, Greater London, SW7 3JQ£2,450,000£2,110,000-£340,00015 Feb 202322 Sep 2023219 Days
16 Selwood Terrace, London, Greater London, SW7 3QG£2,350,000£2,300,000-£50,00022 Feb 202318 Sep 2023208 Days
33a, Emperors Gate, London, Greater London, SW7 4JA£2,000,000£1,925,000-£75,00024 Apr 202308 Sep 2023137 Days
141 Gloucester Road, London, Greater London, SW7 4TH£10,000,000£9,200,000-£800,00003 May 202308 Sep 2023128 Days
4 Hereford Square, London, Greater London, SW7 4TT£3,200,000£2,950,000-£250,00009 Feb 202306 Sep 2023209 Days
15 Rutland Mews South, London, Greater London, SW7 1NZ£1,550,000£1,400,000-£150,00017 May 202306 Sep 2023112 Days
Ground Floor And Basement Flat, 42, Thurloe Square, London, Greater London, SW7 2SR£2,995,000£800,000-£2,195,00012 May 202325 Aug 2023105 Days
Flat 28, Malvern Court, Onslow Square, London, Greater London, SW7 3HY£1,800,000£1,775,000-£25,00016 Dec 202211 Aug 2023238 Days
23 Roland Way, London, Greater London, SW7 3RF£2,850,000£2,644,440-£205,56025 Jan 202304 Aug 2023191 Days
Flat 7, Empire House, Thurloe Place, South Kensington, London, Greater London, SW7 2RU£4,500,000£4,070,000-£430,00028 Oct 202204 Aug 2023280 Days

Most Expensive Streets in SW7 (London)

PostcodeStreetAreaAverageNo. of Sales
SW7 2SDThurloe SquareLondon£10,702,4005
SW7 2NQPelham PlaceLondon£9,933,3333
SW7 2NRPelham CrescentLondon£9,833,3333
SW7 5DSHyde Park GateLondon£7,750,0004
SW7 1ADEnnismore GardensLondon£7,225,0003
SW7 1BWRutland CourtLondon£6,733,3333
SW7 1JFMontpelier WalkLondon£6,003,0005
SW7 1NGKingston House South, Ennismore GardensLondon£5,250,0003
SW7 2BGAlbert Court Central Block, Prince Consort RoadLondon£5,133,3333
SW7 4THGloucester RoadLondon£4,529,0005

Least Expensive Streets in SW7 (London)

PostcodeStreetAreaAverageNo. of Sales
SW7 4XBCromwell RoadLondon£561,8754
SW7 5ABQueens GateLondon£615,6663
SW7 4XLCromwell RoadLondon£640,0007
SW7 4XHCromwell RoadLondon£663,3333
SW7 5JEQueen's GateLondon£725,0004
SW7 5RBStanhope Mews WestLondon£772,8947
SW7 4QNGloucester RoadLondon£880,0003
SW7 4AUGloucester RoadLondon£883,7504
SW7 4HPMcleods MewsLondon£884,5003
SW7 4BECornwall GardensLondon£886,1119

Explore SW7 (London) using map