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Marylebone House Prices

The average house price in Marylebone is £1,645,000 using HM Land Registry data.

The average property price increased by £556,727 (34.39%) over the last 5 years and increased by £111,550 (5.4%) over the last 12 months.

Over the last year, there were 306 residential property sales – a decrease of 177 transactions (-57.84%) relative to the previous year. The majority of house sales (133) were in the £420,000 - £1,146,000 range. Then came properties in the £1,146,000 - £1,872,000 range, where 57 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 180 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-104,068 (-4%).

In Dec 24, there were 73 new estate agency instructions, 22 agreed home sales and 42 property price reductions.

5-Year Average Property Prices in Marylebone

34.39%

Property prices in Marylebone increased by 34.39% 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 Marylebone Over the Last Year

5.4%

Property prices in Marylebone increased by 5.4% 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 Marylebone - Dec 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 Marylebone

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 Marylebone

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 Marylebone

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 Marylebone since 1995

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

Recent Property Sales in Marylebone

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
90 Ashmill Street, London, Greater London, NW1 6RA	£525,000	£525,000	£00	04 Sep 2024	12 Nov 2024	69 Days
Flat 89, Ivor Court, Gloucester Place, London, Greater London, NW1 6BP	£1,000,000	£920,000	-£80,000	23 Aug 2024	01 Nov 2024	70 Days
Flat 14, Farnham House, Harewood Avenue, London, Greater London, NW1 6NT	£850,000	£800,000	-£50,000	07 May 2024	31 Oct 2024	177 Days
28 Woronzow Road, London, Greater London, NW8 6QE	£2,995,000	£2,950,000	-£45,000	15 Aug 2024	24 Oct 2024	70 Days
3 Aquila Street, London, Greater London, NW8 6PN	£725,000	£685,000	-£40,000	13 Sep 2024	14 Oct 2024	31 Days
Flat 43, North Gate, Prince Albert Road, London, Greater London, NW8 7EG	£4,650,000	£4,400,000	-£250,000	05 Feb 2024	02 Oct 2024	240 Days
Flat 19, St Andrews Mansions, Dorset Street, London, Greater London, W1U 4EQ	£2,495,000	£2,495,000	£00	24 May 2024	08 Aug 2024	76 Days
Flat 14, Mallard House, Barrow Hill Estate, London, Greater London, NW8 7AN	£750,000	£675,000	-£75,000	10 Jul 2023	30 Jul 2024	386 Days
Flat 14, Evelyn Court, Stourcliffe Street, London, Greater London, W1H 5AS	£550,000	£550,000	£00	03 Apr 2024	24 Jul 2024	112 Days
17 Jacobs Well Mews, London, Greater London, W1U 3DR	£2,250,000	£2,125,000	-£125,000	05 Apr 2024	04 Jul 2024	90 Days
36 Woronzow Road, London, Greater London, NW8 6AT	£12,950,000	£12,000,000	-£950,000	21 Feb 2024	28 Jun 2024	128 Days
Suite 4, Dorset House, Gloucester Place, London, Greater London, NW1 5AB	£499,950	£400,000	-£99,950	02 Jun 2013	26 Jun 2024	4042 Days
23 Acacia Road, London, Greater London, NW8 6AN	£10,950,000	£10,500,000	-£450,000	11 Apr 2024	17 Jun 2024	67 Days
Flat 5, Swift House, Barrow Hill Estate, London, Greater London, NW8 7AE	£700,000	£645,000	-£55,000	13 Jan 2024	07 Jun 2024	146 Days
Flat C, 4, Plympton Street, London, Greater London, NW8 8AB	£1,350,000	£482,000	-£868,000	21 Sep 2017	07 Jun 2024	2451 Days
Flat 5, Cumberland Mansions, George Street, London, Greater London, W1H 5TE	£1,350,000	£1,206,000	-£144,000	01 Aug 2023	17 May 2024	290 Days
Flat 57, St Johns Wood Court, St Johns Wood Road, London, Greater London, NW8 8QS	£675,000	£650,000	-£25,000	01 Nov 2023	09 May 2024	190 Days
12 Jerome Crescent, London, Greater London, NW8 8SB	£900,000	£850,000	-£50,000	24 Jul 2023	08 May 2024	289 Days
40 Ordnance Hill, London, Greater London, NW8 6PU	£3,500,000	£3,500,000	£00	22 Sep 2023	26 Apr 2024	217 Days
7 Ormonde Terrace, London, Greater London, NW8 7LP	£1,895,000	£1,850,000	-£45,000	19 Oct 2023	26 Apr 2024	190 Days

Most Expensive Streets in Marylebone

Postcode	Street	Area	Average	No. of Sales
NW8 6AN	Acacia Road	London	£11,882,166	3
NW1 4ND	Chester Terrace	London	£9,333,333	6
W1G 6EN	Beaumont Mews	London	£8,970,000	4
NW1 4AE	Park Village West	London	£7,240,000	3
W1U 4PY	Marylebone High Street	London	£7,139,285	7
W1B 1AA	Park Crescent	London	£6,959,892	46
W1U 4EJ	Chiltern Street	London	£6,815,000	5
NW1 4JX	Cambridge Gate	London	£6,293,187	8
NW1 4QA	York Terrace West	London	£5,933,333	6
W1B 1QY	Portland Place	London	£5,897,759	12

Least Expensive Streets in Marylebone

Postcode	Street	Area	Average	No. of Sales
NW8 7AA	Newcourt Street	London	£288,975	4
NW1 6BL	Ivor Court	Gloucester Place	£306,000	3
W2 2RD	Forset Court	Edgware Road	£310,400	5
NW8 8EH	Gateforth Street	London	£326,500	4
W1H 5QB	Dudley Court	Upper Berkeley Street, London	£327,000	4
NW8 7NN	Cochrane Street	London	£341,666	3
NW1 4BU	Chester Court	Albany Street, London	£342,666	3
W2 1EJ	Edgware Road	London	£348,333	3
NW1 1BA	Eversholt Street	London	£355,405	3
NW8 8LU	Frampton Street	London	£388,590	5