Praed Street - W2 1NJ
Key Postcode Insights
W2 1NJ is a residential postcode situated on Praed Street, London, W2 with 23 addresses.
It ranks as the 439th largest and 49th most expensive of the 956 postcodes in the W2 area.
The postcode contains a total of 23 properties: 1 house and 22 flats.
- Ave. Sale Price
- £642,585
- 10 Year change
- down 12.3%
- Ave. Rental Price
- £2,988pcm
- 10 Year change
- up 42.0%
- Ave. £ per ft²
- £332/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
W2 1NJ is a residential postcode situated on Praed Street, London, W2 with 23 addresses.
It ranks as the 439th largest and 49th most expensive of the 956 postcodes in the W2 area.
The postcode contains a total of 23 properties: 1 house and 22 flats.
- Ave. Sale Price
- £642,585
- 10 Year change
- down 12.3%
- Ave. Rental Price
- £2,988pcm
- 10 Year change
- up 42.0%
- Ave. £ per ft²
- £332/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin W2 1NJ
- Lyntonia House
8 Units
- 5 Praed Street
11 Units
- 7 Praed Street
Building | 3 Flats
- 31 Praed Street
Unknown
Sales Market Trends
The last sale in W2 1NJ sold for £650,000 on 26th September 2023. Since then prices are down an average of 6.9%.
The current average value in the postcode is £642,585.
The W2 1NJ Sales Market has decreased by 12.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £642,585 |
| June 2025 | -1.4% | £661,171 |
| June 2024 | -0.8% | £670,222 |
| June 2023 | -2.2% | £675,290 |
| June 2022 | 1.5% | £690,300 |
| June 2021 | -0.7% | £680,067 |
| June 2020 | 0.5% | £684,520 |
| June 2019 | -0.8% | £681,386 |
| June 2018 | -5.2% | £686,576 |
| June 2017 | -1.1% | £724,298 |
| June 2016 | -3.3% | £732,401 |
| June 2015 | 2.9% | £757,306 |
| June 2014 | 17.6% | £735,916 |
| June 2013 | 6.2% | £625,931 |
| June 2012 | 10.2% | £589,215 |
| June 2011 | 8.3% | £534,882 |
| June 2010 | 16.2% | £493,680 |
| June 2009 | -6.2% | £424,774 |
| June 2008 | 5.3% | £452,832 |
| June 2007 | 0% | £430,034 |
Rental Market Trends
The current average rental value in the postcode is £2,988.
The W2 1NJ Rental Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.2% | £2,988pcm |
| June 2025 | 5.2% | £2,814pcm |
| June 2024 | -0.4% | £2,675pcm |
| June 2023 | 12.3% | £2,685pcm |
| June 2022 | 24.2% | £2,390pcm |
| June 2021 | -8.3% | £1,925pcm |
| June 2020 | -1.2% | £2,098pcm |
| June 2019 | 1.9% | £2,124pcm |
| June 2018 | 1.1% | £2,085pcm |
| June 2017 | -2% | £2,062pcm |
| June 2016 | -0.4% | £2,104pcm |
| June 2015 | 0.5% | £2,113pcm |
| June 2014 | 0.6% | £2,101pcm |
| June 2013 | -3.9% | £2,088pcm |
| June 2012 | 1.8% | £2,174pcm |
| June 2011 | 10.7% | £2,136pcm |
| June 2010 | 11.9% | £1,929pcm |
| June 2009 | -9.5% | £1,724pcm |
| June 2008 | 6.4% | £1,905pcm |
| June 2007 | 0% | £1,790pcm |
Sales History
The last sale was on 26th September 2023 for £650,000 and since then the market in the area has decreased by 6.9%. The postcode has had a total of 18 sales since 1995.
W2 1NJ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2023£650,000 | 2 Bed FlatFlat 3, 7, Praed Street, London, W2 1NJFlat 3, 7, Praed Street, London, W2 1NJ
- Sold Jun 2022£570,000 | 2 Bed FlatFlat 2, 7, Praed Street, London, W2 1NJFlat 2, 7, Praed Street, London, W2 1NJ
- Sold Mar 2022£620,000 | 2 Bed FlatFlat C, Lyntonia House 7-9, Praed Street, London, W2 1NJFlat C, Lyntonia House 7-9, Praed Street, London, W2 1NJ
- Sold Mar 2021£1,650,000 | 4 Bed FlatFlat H, Lyntonia House 7-9, Praed Street, London, W2 1NJFlat H, Lyntonia House 7-9, Praed Street, London, W2 1NJ
- Sold Nov 2018£1,100,000 | 2 Bed FlatFlat G, Lyntonia House 7-9, Praed Street, London, W2 1NJFlat G, Lyntonia House 7-9, Praed Street, London, W2 1NJ
Nearby Postcodes
W2 1NJ is the 439th largest and the 49th most expensive postcode out of the 956 postcodes in the W2 area.
- W2 1PR, St. Michaels Street, London, W2W2 1PR1 Addresses|30 m away
- W2 1ES, Edgware Road, London, W2W2 1ES9 Addresses|37 m away
- W2 1YN, St. Michaels Street, London, W2W2 1YN9 Addresses|39 m away
- W2 1AL, Praed Street, London, W2W2 1AL40 Addresses|61 m away
- W2 1JL, Praed Street, London, W2W2 1JL75 Addresses|61 m away
Property Types
- 23 other addresses of unknown type
- Unknown (23)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (14)
- G (0)
- D (3)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Jun 2025£7,900,000 | 3 Bed HouseNorth Star House 163-173, Praed Street, London, W2 1RHNorth Star House 163-173, Praed Street, London, W2 1RH
- Sold May 2020£5,830,000 | 3 Bed House167, Praed Street, London, W2 1RH167, Praed Street, London, W2 1RH
- Sold Dec 2014£5,505,000 | 3 Bed House167, Praed Street, London, W2 1RH167, Praed Street, London, W2 1RH
Schools Nearby
- Christ Church Bentinck CofE Primary School400 m away
- Hampden Gurney CofE Primary School400 m away
- St Mary's Bryanston Square CofE School500 m away
- Marylebone Boys' School500 m away
- The St Marylebone CofE School1.2 km away
- Westminster Academy1.6 km away
More reading links
Public Transport Nearby
The closest station to W2 1NJ is Edgware Road station, which is 100 metres away.
- Edgware Road|100 m away
- Paddington|600 m away
- Marylebone|600 m away
- London Paddington|600 m away
