W2 1PB is a residential postcode situated on Hermitage Street, London, W2 with 66 addresses.
It ranks as the 842nd largest and 459th most expensive of the 955 postcodes in the W2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 66 properties: 66 flats.
W2 1PB is a residential postcode situated on Hermitage Street, London, W2 with 66 addresses.
It ranks as the 842nd largest and 459th most expensive of the 955 postcodes in the W2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 66 properties: 66 flats.
Sale prices range from £584,083 for 2 bedroom leasehold flats with a balcony (624 ft2) to £2,261,161 for 4 bedroom leasehold flats with a balcony (3,584 ft2) .
Monthly rental prices range from £2,737 pcm for 2 bed flats to £11,675 pcm for 4 bed flats.
The gross rental yield is between 5.6% and 6.2%.
The average value per square foot is £872.
The last sale in W2 1PB sold for £525,000 on 16th September 2025. Since then prices are up an average of 0.7%.
The current average value in the postcode is £761,488.
The W2 1PB Sales Market has decreased by 12.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.2% | £761,488 |
| April 2025 | -4.2% | £762,700 |
| April 2024 | 0% | £795,902 |
| April 2023 | -1.6% | £795,856 |
| April 2022 | 2.1% | £808,960 |
| April 2021 | -1.5% | £792,033 |
| April 2020 | 0% | £804,074 |
| April 2019 | -3.7% | £804,317 |
| April 2018 | -2.9% | £835,168 |
| April 2017 | -0.8% | £859,698 |
| April 2016 | -2.8% | £866,647 |
| April 2015 | 2% | £891,947 |
| April 2014 | 15.6% | £874,734 |
| April 2013 | 8.8% | £756,899 |
| April 2012 | 10.6% | £695,974 |
| April 2011 | 9.2% | £629,227 |
| April 2010 | 12.9% | £576,245 |
| April 2009 | -6.5% | £510,621 |
| April 2008 | 14.7% | £546,128 |
| April 2007 | 0% | £476,028 |
The current average rental value in the postcode is £3,646.
The W2 1PB Rental Market has increased by 36.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 6.5% | £3,646pcm |
| April 2025 | 2.5% | £3,424pcm |
| April 2024 | 1% | £3,339pcm |
| April 2023 | 14.9% | £3,307pcm |
| April 2022 | 22.2% | £2,877pcm |
| April 2021 | -13.2% | £2,354pcm |
| April 2020 | 1.7% | £2,712pcm |
| April 2019 | -0.4% | £2,668pcm |
| April 2018 | 3.1% | £2,680pcm |
| April 2017 | -2.4% | £2,600pcm |
| April 2016 | -0.3% | £2,665pcm |
| April 2015 | -0.9% | £2,673pcm |
| April 2014 | -1.2% | £2,698pcm |
| April 2013 | -2% | £2,731pcm |
| April 2012 | 4.2% | £2,787pcm |
| April 2011 | 12% | £2,676pcm |
| April 2010 | 7.9% | £2,389pcm |
| April 2009 | -8.6% | £2,214pcm |
| April 2008 | 10.5% | £2,421pcm |
| April 2007 | 0% | £2,191pcm |
The last sale was on 16th September 2025 for £525,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 89 sales since 1995.
W2 1PB has seen 4 sales in the last three years and 1 sale in the last twelve months.
W2 1PB is the 842nd largest and the 459th most expensive postcode out of the 955 postcodes in the W2 area.
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