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House Prices in WC1B

The average house price in WC1B (London) is £1,812,500 using HM Land Registry data.

The average property price increased by £238,222 (-6.98%) over the last 5 years and increased by £47,732 (-1.35%) over the last 12 months.

Over the last year, there were 9 residential property sales – a decrease of 1 transactions (-11.11%) relative to the previous year. The majority of house sales (3) were in the £808,000 - £1,156,000 range. Then came properties in the £1,156,000 - £1,504,000 range, where 3 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 £0 (0%).

In Oct 24, there were 4 new estate agency instructions, agreed home sales and property price reductions.

5-Year Average Property Prices in WC1B (London)

-6.98%

Property prices in London decreased by -6.98% 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 WC1B (London) Over the Last Year

-1.35%

Property prices in London decreased by -1.35% 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 WC1B (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 WC1B (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 WC1B (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 WC1B (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 WC1B (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WC1B postcode area since 1995.

Recent Sales in WC1B (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 6, Bristol House, Southampton Row, London, Greater London, WC1B 4BA	£1,150,000	£1,100,000	-£50,000	29 Jan 2024	19 Aug 2024	203 Days
Flat 87, Bedford Court Mansions, Bedford Avenue, London, Greater London, WC1B 3AE	£2,200,000	£2,200,000	£00	14 Mar 2024	12 Jul 2024	120 Days
Flat 95b, Bedford Court Mansions, Bedford Avenue, London, Greater London, WC1B 3AE	£1,300,000	£1,250,000	-£50,000	26 Jul 2023	08 Mar 2024	226 Days
Flat 128, Bedford Court Mansions, Adeline Place, London, Greater London, WC1B 3AH	£1,050,000	£980,000	-£70,000	20 Jun 2023	14 Nov 2023	147 Days
Flat 17, Bristol House, Southampton Row, London, Greater London, WC1B 4BA	£1,075,000	£1,055,000	-£20,000	06 Apr 2023	18 Aug 2023	134 Days
Flat 43a, Bedford Court Mansions, Bedford Avenue, London, Greater London, WC1B 3AA	£800,000	£800,000	£00	18 Jul 2022	13 Jul 2023	360 Days
Flat 115, Bedford Court Mansions, Bedford Avenue, London, Greater London, WC1B 3AG	£1,500,000	£1,350,000	-£150,000	15 Dec 2021	07 Oct 2022	296 Days
Flat 112, Bedford Court Mansions, Bedford Avenue, London, Greater London, WC1B 3AG	£2,250,000	£2,250,000	£00	17 Aug 2020	08 Aug 2022	721 Days
Flat 45, Bedford Court Mansions, Bedford Avenue, London, Greater London, WC1B 3AA	£950,000	£950,000	£00	08 Apr 2021	15 Jun 2021	68 Days
Flat 52, Bedford Court Mansions, Bedford Avenue, London, Greater London, WC1B 3AA	£1,350,000	£1,100,000	-£250,000	03 Oct 2020	05 May 2021	214 Days
Flat 85, Bedford Court Mansions, Bedford Avenue, London, Greater London, WC1B 3AE	£1,500,000	£1,355,000	-£145,000	21 Jan 2020	31 Mar 2021	435 Days
Flat 46a, Bedford Court Mansions, Bedford Avenue, London, Greater London, WC1B 3AA	£750,000	£723,900	-£26,100	05 Aug 2020	29 Oct 2020	85 Days
Flat 5, Bristol House, Southampton Row, London, Greater London, WC1B 4BA	£1,250,000	£1,250,000	£00	18 May 2020	15 Sep 2020	120 Days
Flat 56, Bedford Court Mansions, Bedford Avenue, London, Greater London, WC1B 3AD	£1,000,000	£930,000	-£70,000	31 Oct 2019	06 May 2020	188 Days
Flat 123, Bedford Court Mansions, Adeline Place, London, Greater London, WC1B 3AH	£1,900,000	£1,600,000	-£300,000	13 Sep 2019	30 Dec 2019	108 Days
Flat 45a, Bedford Court Mansions, Bedford Avenue, London, Greater London, WC1B 3AA	£745,000	£712,500	-£32,500	26 Apr 2018	04 Oct 2019	526 Days
Penthouse 1, Bedford Court Mansions, Bedford Avenue, London, Greater London, WC1B 3AE	£950,000	£905,000	-£45,000	25 May 2019	09 Sep 2019	107 Days
Flat 5, Bristol House, Southampton Row, London, Greater London, WC1B 4BA	£865,000	£853,000	-£12,000	24 Oct 2018	24 Jun 2019	243 Days
Flat 71, Bedford Court Mansions, Bedford Avenue, London, Greater London, WC1B 3AD	£1,400,000	£1,400,000	£00	21 Jun 2017	12 Apr 2019	660 Days
Flat 75a, Bedford Court Mansions, Bedford Avenue, London, Greater London, WC1B 3AE	£1,750,000	£1,750,000	£00	12 Jun 2018	12 Dec 2018	183 Days

Most Expensive Streets in WC1B (London)

Postcode	Street	Area	Average	No. of Sales
WC1B 3AG	Bedford Court Mansions, Bedford Avenue	London	£1,920,000	3
WC1B 3AG	Bedford Court Mansions, Bedford Avenue	London	£1,920,000	3
WC1B 3AE	Bedford Court Mansions, Bedford Avenue	London	£1,688,333	6
WC1B 3AE	Bedford Court Mansions, Bedford Avenue	London	£1,688,333	6
WC1B 3AH	Bedford Court Mansions, Adeline Place	London	£1,626,666	3
WC1B 3AH	Bedford Court Mansions, Adeline Place	London	£1,626,666	3
WC1B 3AD	Bedford Court Mansions, Bedford Avenue	London	£1,307,500	4
WC1B 3AD	Bedford Court Mansions, Bedford Avenue	London	£1,307,500	4
WC1B 5ER	Russell Square	London	£1,107,500	10
WC1B 5ER	Russell Square	London	£1,107,500	10

Least Expensive Streets in WC1B (London)

Postcode	Street	Area	Average	No. of Sales
WC1B 5AE	Southampton Row	London	£746,666	3
WC1B 5AE	Southampton Row	London	£746,666	3
WC1B 3AA	Bedford Court Mansions, Bedford Avenue	London	£950,780	5
WC1B 3AA	Bedford Court Mansions, Bedford Avenue	London	£950,780	5
WC1B 4BA	Bristol House, Southampton Row	London	£1,021,666	6
WC1B 4BA	Bristol House, Southampton Row	London	£1,021,666	6
WC1B 4HH	Southampton Row	London	£1,061,666	3
WC1B 4HH	Southampton Row	London	£1,061,666	3
WC1B 5ER	Russell Square	London	£1,107,500	10
WC1B 5ER	Russell Square	London	£1,107,500	10