Millbank - SW1P 4RW
Key Postcode Insights
SW1P 4RW is a residential postcode situated on Millbank, London, SW1 with 15 addresses.
It ranks as the 928th largest and 303rd most expensive of the 1,802 postcodes in the SW1P area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 15 properties: 15 flats.
- Ave. Sale Price
- £560,823
- 10 Year change
- down 15.6%
- Ave. Rental Price
- £3,035pcm
- 10 Year change
- up 34.5%
- Ave. £ per ft²
- £821/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
SW1P 4RW is a residential postcode situated on Millbank, London, SW1 with 15 addresses.
It ranks as the 928th largest and 303rd most expensive of the 1,802 postcodes in the SW1P area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 15 properties: 15 flats.
- Ave. Sale Price
- £560,823
- 10 Year change
- down 15.6%
- Ave. Rental Price
- £3,035pcm
- 10 Year change
- up 34.5%
- Ave. £ per ft²
- £821/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin SW1P 4RW
Sales Market Trends
The last sale in SW1P 4RW sold for £540,000 on 12th February 2024. Since then prices are down an average of 7.0%.
The current average value in the postcode is £560,823.
The SW1P 4RW Sales Market has decreased by 15.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £560,823 |
| June 2025 | -2.4% | £585,298 |
| June 2024 | 0.1% | £599,457 |
| June 2023 | -1.1% | £598,879 |
| June 2022 | 1.4% | £605,604 |
| June 2021 | -3.1% | £597,533 |
| June 2020 | 3.2% | £616,561 |
| June 2019 | -2.2% | £597,426 |
| June 2018 | -4.8% | £611,033 |
| June 2017 | -3.5% | £641,679 |
| June 2016 | 3% | £664,861 |
| June 2015 | 3.5% | £645,618 |
| June 2014 | 21.8% | £623,949 |
| June 2013 | 11.3% | £512,073 |
| June 2012 | 10.1% | £460,085 |
| June 2011 | 4.2% | £417,713 |
| June 2010 | 10.7% | £401,028 |
| June 2009 | -9.5% | £362,187 |
| June 2008 | 6.8% | £400,058 |
| June 2007 | 0% | £374,592 |
Rental Market Trends
The current average rental value in the postcode is £3,035.
The SW1P 4RW Rental Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £3,035pcm |
| June 2025 | 1.9% | £2,929pcm |
| June 2024 | 2.8% | £2,875pcm |
| June 2023 | 10.9% | £2,797pcm |
| June 2022 | 21.4% | £2,523pcm |
| June 2021 | -7.2% | £2,078pcm |
| June 2020 | -2.7% | £2,240pcm |
| June 2019 | 3.1% | £2,302pcm |
| June 2018 | 0.6% | £2,233pcm |
| June 2017 | -1.6% | £2,219pcm |
| June 2016 | 0.1% | £2,256pcm |
| June 2015 | 2.7% | £2,253pcm |
| June 2014 | 3.3% | £2,194pcm |
| June 2013 | -2.7% | £2,123pcm |
| June 2012 | 3.4% | £2,183pcm |
| June 2011 | 7.6% | £2,111pcm |
| June 2010 | 7.2% | £1,962pcm |
| June 2009 | -11% | £1,830pcm |
| June 2008 | 10.1% | £2,056pcm |
| June 2007 | 0% | £1,868pcm |
Sales History
The last sale was on 12th February 2024 for £540,000 and since then the market in the area has decreased by 7.0%. The postcode has had a total of 20 sales since 1995.
SW1P 4RW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2024£540,000 | 2 Bed FlatFlat 8, 60, Millbank, London, SW1P 4RWFlat 8, 60, Millbank, London, SW1P 4RW
- Sold Jun 2021£525,000 | 2 Bed FlatFlat 1, 63, Millbank, London, SW1P 4RWFlat 1, 63, Millbank, London, SW1P 4RW
- Sold Aug 2016£1,000,000 | 2 Bed FlatFlat 7, 60, Millbank, London, SW1P 4RWFlat 7, 60, Millbank, London, SW1P 4RW
- Sold Oct 2010£495,000 | 2 Bed FlatFlat 2, 63, Millbank, London, SW1P 4RWFlat 2, 63, Millbank, London, SW1P 4RW
- Sold Aug 2010£495,000 | 2 Bed FlatFlat 6, 60, Millbank, London, SW1P 4RWFlat 6, 60, Millbank, London, SW1P 4RW
Nearby Postcodes
SW1P 4RW is the 928th largest and the 303rd most expensive postcode out of the 1,802 postcodes in the SW1P area.
- SW1P 4RP, Millbank, London, SW1SW1P 4RP1 Addresses|41 m away
- SW1P 4QA, Ponsonby Terrace, London, SW1SW1P 4QA22 Addresses|44 m away
- SW1P 4PS, Ponsonby Place, London, SW1SW1P 4PS33 Addresses|45 m away
- SW1P 4PZ, Ponsonby Terrace, London, SW1SW1P 4PZ26 Addresses|62 m away
- SW1P 4RL, Millbank, London, SW1SW1P 4RL45 Addresses|66 m away
Property Types
- 15 period flats built between 1800 and 1911
- period flat (15)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is E.
- A (0)
- E (7)
- B (0)
- F (1)
- C (0)
- G (1)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Oct 2016£20,200,000 | 3 Bed FlatApartment P101, Riverwalk 161, Millbank, London, SW1P 4FAApartment P101, Riverwalk 161, Millbank, London, SW1P 4FA
- Sold May 2025£18,663,656 | 3 Bed FlatApartment 29, 9, Millbank, London, SW1P 3ANApartment 29, 9, Millbank, London, SW1P 3AN
- Sold Jun 2025£15,851,380 | 3 Bed FlatApartment 92, 9, Millbank, London, SW1P 3ANApartment 92, 9, Millbank, London, SW1P 3AN
Schools Nearby
- Millbank Gardens Primary Academy300 m away
- Pimlico Primary600 m away
- Vauxhall Primary School800 m away
- Pimlico Academy600 m away
- The Grey Coat Hospital800 m away
- Lilian Baylis Technology School800 m away
More reading links
Public Transport Nearby
The closest station to SW1P 4RW is Pimlico station, which is 300 metres away.
- Pimlico|300 m away
- Vauxhall|500 m away
- Nine Elms|1.0 km away
- St James's Park|1.2 km away