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House Prices in WC1A

The average house price in WC1A (London) is £888,000 using HM Land Registry data.

The average property price decreased by £4,899,280 (--74.1%) over the last 5 years and decreased by £981,655 (--34.36%) over the last 12 months.

Over the last year, there were 6 residential property sales – a decrease of 10 transactions (-166.67%) relative to the previous year. The majority of house sales (3) were in the £816,000 - £1,062,000 range. Then came properties in the £570,000 - £816,000 range, where 1 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-65,000 (-5%).

In Oct 24, there were 3 new estate agency instructions, agreed home sales and property price reductions.

5-Year Average Property Prices in WC1A (London)

-74.1%

Property prices in London decreased by -74.1% 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 WC1A (London) Over the Last Year

-34.36%

Property prices in London decreased by -34.36% 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.

Property Market Heat Gauge for WC1A (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 WC1A (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 WC1A (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 WC1A (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 WC1A (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WC1A postcode area since 1995.

Recent Sales in WC1A (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 5, Lytton Court, Barter Street, London, Greater London, WC1A 2AH	£949,999	£890,000	-£59,999	26 Oct 2022	12 Dec 2023	412 Days
7a, Bloomsbury Square, London, Greater London, WC1A 2LP	£1,495,000	£1,410,000	-£85,000	15 Dec 2022	17 Mar 2023	92 Days
Flat 22, Stedham Chambers, Coptic Street, London, Greater London, WC1A 1NJ	£650,000	£640,000	-£10,000	18 Nov 2022	01 Mar 2023	103 Days
Flat 10, Lytton Court, Barter Street, London, Greater London, WC1A 2AH	£1,500,000	£1,400,000	-£100,000	16 Nov 2022	25 Nov 2022	9 Days
Flat 3, Pied Bull Court, Galen Place, London, Greater London, WC1A 2JR	£860,000	£850,000	-£10,000	29 Oct 2020	04 Jun 2021	218 Days
Flat 30, Museum Chambers, Bury Place, London, Greater London, WC1A 2JA	£850,000	£800,000	-£50,000	24 Sep 2019	14 Feb 2020	143 Days
Flat 34, Museum Chambers, Bury Place, London, Greater London, WC1A 2JA	£825,000	£795,000	-£30,000	15 Oct 2018	07 Jun 2019	235 Days
Flat 25, Pied Bull Court, Galen Place, London, Greater London, WC1A 2JR	£750,000	£720,000	-£30,000	05 Mar 2019	06 Jun 2019	93 Days
Flat 7, Russell Chambers, Bury Place, London, Greater London, WC1A 2JS	£725,000	£700,000	-£25,000	11 Aug 2017	16 Feb 2018	189 Days

Most Expensive Streets in WC1A (London)

Postcode	Street	Area	Average	No. of Sales
WC1A 1DB	Centre Point Tower 101-103, New Oxford Street, London	London	£4,390,357	14
WC1A 1DB	Centre Point Tower 101-103, New Oxford Street, London	London	£4,390,357	14
WC1A 2LP	Bloomsbury Square	London	£1,164,166	6
WC1A 2LP	Bloomsbury Square	London	£1,164,166	6
WC1A 2AH	Lytton Court, Barter Street, London	London	£970,000	3
WC1A 2AH	Lytton Court, Barter Street, London	London	£970,000	3
WC1A 1NS	Coptic Street	London	£548,600	5
WC1A 1NS	Coptic Street	London	£548,600	5

Least Expensive Streets in WC1A (London)

Postcode	Street	Area	Average	No. of Sales
WC1A 1NS	Coptic Street	London	£548,600	5
WC1A 1NS	Coptic Street	London	£548,600	5
WC1A 2AH	Lytton Court, Barter Street, London	London	£970,000	3
WC1A 2AH	Lytton Court, Barter Street, London	London	£970,000	3
WC1A 2LP	Bloomsbury Square	London	£1,164,166	6
WC1A 2LP	Bloomsbury Square	London	£1,164,166	6
WC1A 1DB	Centre Point Tower 101-103, New Oxford Street, London	London	£4,390,357	14
WC1A 1DB	Centre Point Tower 101-103, New Oxford Street, London	London	£4,390,357	14