SW1P 3BU is a residential postcode situated on Great Smith Street, London, SW1 with 23 addresses.
It ranks as the 1170th largest and 599th most expensive of the 1,807 postcodes in the SW1P area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 23 properties: 2 houses and 21 flats.
SW1P 3BU is a residential postcode situated on Great Smith Street, London, SW1 with 23 addresses.
It ranks as the 1170th largest and 599th most expensive of the 1,807 postcodes in the SW1P area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 23 properties: 2 houses and 21 flats.
Sale prices range from £409,348 for 1 bedroom leasehold flats (419 ft2) to £6,793,193 for 5 bedroom freehold houses with a garden (2,960 ft2) .
Monthly rental prices range from £2,257 pcm for 1 bed flats to £19,183 pcm for 5 bed houses.
The gross rental yield is between 3.4% and 6.6%.
The average value per square foot is £885.
The last sale in SW1P 3BU sold for £1,050,000 on 19th April 2017. Since then prices are down an average of 15.0%.
The current average value in the postcode is £1,186,996.
The SW1P 3BU Sales Market has decreased by 18.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.2% | £1,186,996 |
| April 2025 | -4.4% | £1,239,428 |
| April 2024 | 0% | £1,296,729 |
| April 2023 | -0.6% | £1,296,283 |
| April 2022 | 2.2% | £1,303,474 |
| April 2021 | -4.5% | £1,275,291 |
| April 2020 | 5% | £1,334,753 |
| April 2019 | -4.1% | £1,271,187 |
| April 2018 | -4.1% | £1,325,481 |
| April 2017 | -4.9% | £1,381,617 |
| April 2016 | 3.1% | £1,452,475 |
| April 2015 | 4.1% | £1,408,334 |
| April 2014 | 15.2% | £1,352,805 |
| April 2013 | 10.6% | £1,174,716 |
| April 2012 | 13.7% | £1,062,349 |
| April 2011 | 5.3% | £934,108 |
| April 2010 | 10.6% | £887,489 |
| April 2009 | -10.1% | £802,597 |
| April 2008 | 16.2% | £893,044 |
| April 2007 | 0% | £768,310 |
The current average rental value in the postcode is £5,100.
The SW1P 3BU Rental Market has increased by 34.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5% | £5,100pcm |
| April 2025 | 2.2% | £4,858pcm |
| April 2024 | 0.4% | £4,755pcm |
| April 2023 | 12.8% | £4,737pcm |
| April 2022 | 23.3% | £4,198pcm |
| April 2021 | -11.3% | £3,405pcm |
| April 2020 | -0.6% | £3,840pcm |
| April 2019 | 2.2% | £3,865pcm |
| April 2018 | 1.2% | £3,781pcm |
| April 2017 | -1.8% | £3,736pcm |
| April 2016 | -0.9% | £3,806pcm |
| April 2015 | 1.4% | £3,841pcm |
| April 2014 | 1.7% | £3,789pcm |
| April 2013 | -2.6% | £3,728pcm |
| April 2012 | 5.2% | £3,829pcm |
| April 2011 | 9.6% | £3,641pcm |
| April 2010 | 4.8% | £3,320pcm |
| April 2009 | -9.5% | £3,168pcm |
| April 2008 | 10.9% | £3,500pcm |
| April 2007 | 0% | £3,157pcm |
The last sale was on 19th April 2017 for £1,050,000 and since then the market in the area has decreased by 15.0%. The postcode has had a total of 23 sales since 1995.
SW1P 3BU has seen no sales in the last three years and no sales in the last twelve months.
SW1P 3BU is the 1170th largest and the 599th most expensive postcode out of the 1,807 postcodes in the SW1P area.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around SW1P 3BU, 41.5% of property is privately rented and 40.7% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SW1P 3BU, 17.8% of residents are recorded as possessing school level qualifications and 52.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SW1P 3BU, the average age was 38.6 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SW1P 3BU, 3.6% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SW1P 3BU, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.