First Street - SW3 2LB
Key Postcode Insights
SW3 2LB is a residential postcode situated on First Street, London, SW3 with 24 addresses.
It ranks as the 528th largest and 588th most expensive of the 779 postcodes in the SW3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 24 properties: 20 houses and 4 flats.
- Ave. Sale Price
- £3,139,207
- 10 Year change
- down 8.7%
- Ave. Rental Price
- £10,254pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £2,261/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Postcode Insights
SW3 2LB is a residential postcode situated on First Street, London, SW3 with 24 addresses.
It ranks as the 528th largest and 588th most expensive of the 779 postcodes in the SW3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 24 properties: 20 houses and 4 flats.
- Ave. Sale Price
- £3,139,207
- 10 Year change
- down 8.7%
- Ave. Rental Price
- £10,254pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £2,261/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Explore Propertiesin SW3 2LB
- House
3 Bed Period Flat
- 1A First Street
4 Bed Period House
- 1 First Street
3 Bed Period House
- 3 First Street
3 Bed Period House
- 5 First Street
Unknown
Sales Market Trends
The last sale in SW3 2LB sold for £1,600,000 on 7th March 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £3,139,207.
The SW3 2LB Sales Market has decreased by 8.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £3,139,207 |
| June 2025 | -2.3% | £3,171,956 |
| June 2024 | -3.3% | £3,247,022 |
| June 2023 | -0.5% | £3,356,809 |
| June 2022 | 3.2% | £3,373,825 |
| June 2021 | 0.3% | £3,269,981 |
| June 2020 | 2.3% | £3,261,472 |
| June 2019 | -1% | £3,188,218 |
| June 2018 | -4.1% | £3,221,189 |
| June 2017 | -2.3% | £3,358,459 |
| June 2016 | -5% | £3,437,305 |
| June 2015 | 0.2% | £3,617,499 |
| June 2014 | 12.9% | £3,610,942 |
| June 2013 | 7.3% | £3,198,213 |
| June 2012 | 13.7% | £2,979,417 |
| June 2011 | 11.8% | £2,620,296 |
| June 2010 | 19.8% | £2,343,100 |
| June 2009 | -5.7% | £1,956,632 |
| June 2008 | 8.9% | £2,075,352 |
| June 2007 | 0% | £1,906,441 |
Rental Market Trends
The current average rental value in the postcode is £10,254.
The SW3 2LB Rental Market has increased by 46.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 8.5% | £10,254pcm |
| June 2025 | 5.1% | £9,453pcm |
| June 2024 | 1% | £8,994pcm |
| June 2023 | 12.4% | £8,908pcm |
| June 2022 | 23.4% | £7,922pcm |
| June 2021 | -4.6% | £6,420pcm |
| June 2020 | -3.5% | £6,727pcm |
| June 2019 | 2.8% | £6,969pcm |
| June 2018 | 0.2% | £6,778pcm |
| June 2017 | -3.5% | £6,766pcm |
| June 2016 | -2.3% | £7,014pcm |
| June 2015 | 0.2% | £7,180pcm |
| June 2014 | 2.1% | £7,168pcm |
| June 2013 | -2.7% | £7,020pcm |
| June 2012 | 1.3% | £7,218pcm |
| June 2011 | 11.4% | £7,123pcm |
| June 2010 | 16.9% | £6,393pcm |
| June 2009 | -12.6% | £5,470pcm |
| June 2008 | 3.2% | £6,257pcm |
| June 2007 | 0% | £6,066pcm |
Sales History
The last sale was on 7th March 2025 for £1,600,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 44 sales since 1995.
SW3 2LB has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£1,600,000 | 3 Bed House17A, First Street, London, SW3 2LB17A, First Street, London, SW3 2LB
- Sold Jan 2025£1,400,000 | 3 Bed House17A, First Street, London, SW3 2LB17A, First Street, London, SW3 2LB
- Sold Oct 2022£3,800,000 | 4 Bed House29, First Street, London, SW3 2LB29, First Street, London, SW3 2LB
- Sold Dec 2021£2,060,000 | 3 Bed FlatHouse, 17, First Street, London, SW3 2LBHouse, 17, First Street, London, SW3 2LB
- Sold Sep 2021£2,950,000 | 4 Bed House1A, First Street, London, SW3 2LB1A, First Street, London, SW3 2LB
Nearby Postcodes
SW3 2LB is the 528th largest and the 588th most expensive postcode out of the 779 postcodes in the SW3 area.
- SW3 2LD, First Street, London, SW3SW3 2LD29 Addresses|25 m away
- SW3 2LA, Richards Place, London, SW3SW3 2LA13 Addresses|33 m away
- SW3 2LE, Hasker Street, London, SW3SW3 2LE29 Addresses|37 m away
- SW3 2JU, Walton Street, London, SW3SW3 2JU37 Addresses|40 m away
- SW3 2JX, Walton Street, London, SW3SW3 2JX43 Addresses|40 m away
Property Types
- 13 period houses built between 1800 and 1911
- 3 period flats built between 1800 and 1911
- 3 houses of an unknown age
- 5 other addresses of unknown type
- period house (13)
- period flat (3)
- house (3)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (0)
- C (1)
- G (0)
- D (11)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Feb 2017£5,300,000 | 5 Bed House7, First Street, London, SW3 2LB7, First Street, London, SW3 2LB
- Sold Feb 2017£4,600,000 | 4 Bed House14, First Street, London, SW3 2LD14, First Street, London, SW3 2LD
- Sold Feb 2017£4,600,000 | 3 Bed House16, First Street, London, SW3 2LD16, First Street, London, SW3 2LD
Schools Nearby
- Marlborough Primary School200 m away
- St Joseph's Catholic Primary School300 m away
- Oratory Roman Catholic Primary School500 m away
- St. Thomas More Language College300 m away
- Westminster City School1.9 km away
- Pimlico Academy2.1 km away
More reading links
Public Transport Nearby
The closest station to SW3 2LB is South Kensington station, which is 600 metres away.
- South Kensington|600 m away
- Knightsbridge|600 m away
- Sloane Square|700 m away
- Gloucester Road|1.2 km away