3, Merchant Square
Key Building Insights
3, Merchant Square is a residential building situated on Merchant Square, London, W2 with 155 addresses.
It ranks as the 2637th largest and 2276th most expensive of the 2,645 buildings in the W2 area. The most common property type is a modern flat built after 1980.
The building contains a total of 155 properties: 155 flats.
- Ave. Sale Price
- £1,348,500
- 10 Year change
- down 14.7%
- Ave. Rental Price
- £7,131pcm
- 10 Year change
- up 37.9%
- Ave. £ per ft²
- £1,314/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Building Insights
3, Merchant Square is a residential building situated on Merchant Square, London, W2 with 155 addresses.
It ranks as the 2637th largest and 2276th most expensive of the 2,645 buildings in the W2 area. The most common property type is a modern flat built after 1980.
The building contains a total of 155 properties: 155 flats.
- Ave. Sale Price
- £1,348,500
- 10 Year change
- down 14.7%
- Ave. Rental Price
- £7,131pcm
- 10 Year change
- up 37.9%
- Ave. £ per ft²
- £1,314/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertieson Merchant Square, London, W2
- Apartment 201, 3 Merchant Square
3 Bed Modern Flat
- Apartment 202, 3 Merchant Square
3 Bed Modern Flat
- Apartment 203, 3 Merchant Square
3 Bed Modern Flat
- Apartment 204, 3 Merchant Square
3 Bed Modern Flat
- Apartment 205, 3 Merchant Square
3 Bed Modern Flat
Sales Market Trends
The last sale in 3, Merchant Square sold for £1,280,000 on 16th June 2025. Since then prices are down an average of 3.1%.
The current average value in the building is £1,348,500.
The 3, Merchant Square Sales Market has decreased by 14.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £1,348,500 |
| June 2025 | -2.3% | £1,392,905 |
| June 2024 | -1.8% | £1,425,363 |
| June 2023 | -2.3% | £1,451,293 |
| June 2022 | 1% | £1,485,936 |
| June 2021 | -0.4% | £1,470,960 |
| June 2020 | -0.1% | £1,477,510 |
| June 2019 | -0.8% | £1,478,560 |
| June 2018 | -5.1% | £1,490,361 |
| June 2017 | -0.7% | £1,570,235 |
| June 2016 | -4.3% | £1,581,247 |
| June 2015 | 2.3% | £1,652,138 |
| June 2014 | 17.4% | £1,615,221 |
| June 2013 | 6.9% | £1,375,902 |
| June 2012 | 10.5% | £1,287,301 |
| June 2011 | 8.3% | £1,164,757 |
| June 2010 | 15.3% | £1,075,656 |
| June 2009 | -6.1% | £932,848 |
| June 2008 | 6.1% | £993,302 |
| June 2007 | 0% | £936,047 |
Rental Market Trends
The current average rental value in the building is £7,131.
The 3, Merchant Square Rental Market has increased by 37.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.7% | £7,131pcm |
| June 2025 | 4.2% | £6,746pcm |
| June 2024 | -1.4% | £6,475pcm |
| June 2023 | 12.1% | £6,564pcm |
| June 2022 | 23.4% | £5,853pcm |
| June 2021 | -7.9% | £4,742pcm |
| June 2020 | -1.8% | £5,151pcm |
| June 2019 | 1.9% | £5,246pcm |
| June 2018 | 1.2% | £5,150pcm |
| June 2017 | -1.6% | £5,089pcm |
| June 2016 | -1.5% | £5,172pcm |
| June 2015 | 0% | £5,250pcm |
| June 2014 | 0.5% | £5,249pcm |
| June 2013 | -3.3% | £5,221pcm |
| June 2012 | 2.1% | £5,400pcm |
| June 2011 | 10.6% | £5,289pcm |
| June 2010 | 11.1% | £4,780pcm |
| June 2009 | -9.5% | £4,303pcm |
| June 2008 | 7.3% | £4,756pcm |
| June 2007 | 0% | £4,430pcm |
Sales History
The last sale was on 16th June 2025 for £1,280,000 and since then the market in the area has decreased by 3.1%. The building has had a total of 180 sales since 1995.
3, Merchant Square, London, W2 1AZ has seen 17 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2025£1,280,000 | 3 Bed FlatApartment 301, 3, Merchant Square, London, W2 1AZApartment 301, 3, Merchant Square, London, W2 1AZ
- Sold May 2025£2,300,000 | 3 Bed FlatApartment 1503, 3, Merchant Square, London, W2 1BFApartment 1503, 3, Merchant Square, London, W2 1BF
- Sold May 2025£2,000,000 | 3 Bed FlatApartment 1706, 3, Merchant Square, London, W2 1BFApartment 1706, 3, Merchant Square, London, W2 1BF
- Sold May 2025£4,600,000 | 4 Bed FlatApartment 1903, 3, Merchant Square, London, W2 1BFApartment 1903, 3, Merchant Square, London, W2 1BF
- Sold Apr 2025£1,599,000 | 2 Bed FlatApartment 1109, 3, Merchant Square, London, W2 1BFApartment 1109, 3, Merchant Square, London, W2 1BF
Property Types
- 155 modern flats built after 1980
- modern flat (155)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 155 properties.
- The most common rating is B.
- A (1)
- E (0)
- B (142)
- F (0)
- C (12)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Nov 2024£8,000,000 | 4 Bed FlatApartment 1501, 3, Merchant Square, London, W2 1BFApartment 1501, 3, Merchant Square, London, W2 1BF
- Sold Dec 2017£7,250,000 | 4 Bed FlatApartment 1901, 3, Merchant Square, London, W2 1BFApartment 1901, 3, Merchant Square, London, W2 1BF
- Sold May 2015£7,132,500 | 4 Bed FlatApartment 1901, 3, Merchant Square, London, W2 1BFApartment 1901, 3, Merchant Square, London, W2 1BF
Schools Nearby
- Christ Church Bentinck CofE Primary School500 m away
- Hampden Gurney CofE Primary School600 m away
- St Mary's Bryanston Square CofE School600 m away
- Marylebone Boys' School400 m away
- The St Marylebone CofE School1.4 km away
- Westminster Academy1.4 km away
More reading links
Public Transport Nearby
The closest station to 3, Merchant Square, London, W2 1AZ is Edgware Road station, which is 200 metres away.
- Edgware Road|200 m away
- London Paddington|500 m away
- Paddington|500 m away
- Marylebone|700 m away
