Munkenbeck Building, Hermitage Street - W2 1PW
Key Building Insights
Munkenbeck Building, Hermitage Street is a residential building situated on Hermitage Street, London, W2 with 87 addresses.
It ranks as the 2608th largest and 1558th 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 87 properties: 87 flats.
- Ave. Sale Price
- £719,462
- 10 Year change
- down 14.9%
- Ave. Rental Price
- £3,628pcm
- 10 Year change
- up 37.6%
- Ave. £ per ft²
- £889/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Building Insights
Munkenbeck Building, Hermitage Street is a residential building situated on Hermitage Street, London, W2 with 87 addresses.
It ranks as the 2608th largest and 1558th 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 87 properties: 87 flats.
- Ave. Sale Price
- £719,462
- 10 Year change
- down 14.9%
- Ave. Rental Price
- £3,628pcm
- 10 Year change
- up 37.6%
- Ave. £ per ft²
- £889/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertieson Hermitage Street, London, W2
- Apartment 1, Munkenbeck Building 5 Hermitage Street
2 Bed Modern Flat
- Apartment 3, Munkenbeck Building 5 Hermitage Street
2 Bed Modern Flat
- Apartment 5, Munkenbeck Building 5 Hermitage Street
2 Bed Modern Flat
- Apartment 101, Munkenbeck Building 5 Hermitage Street
3 Bed Modern Flat
Sales Market Trends
The last sale in Munkenbeck Building, Hermitage Street sold for £475,000 on 18th March 2026. Since then prices are up an average of 0.7%.
The current average value in the building is £719,462.
The Munkenbeck Building, Hermitage Street Sales Market has decreased by 14.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.4% | £719,462 |
| June 2025 | -2.5% | £744,655 |
| June 2024 | -1.8% | £764,137 |
| June 2023 | -2.3% | £778,060 |
| June 2022 | 1% | £796,155 |
| June 2021 | -0.4% | £788,418 |
| June 2020 | -0.1% | £791,494 |
| June 2019 | -0.7% | £792,490 |
| June 2018 | -5% | £798,229 |
| June 2017 | -0.6% | £840,467 |
| June 2016 | -4.1% | £845,254 |
| June 2015 | 2.3% | £880,935 |
| June 2014 | 17.5% | £861,128 |
| June 2013 | 7.3% | £733,025 |
| June 2012 | 10.4% | £683,464 |
| June 2011 | 8.1% | £619,235 |
| June 2010 | 15% | £572,593 |
| June 2009 | -6.3% | £497,703 |
| June 2008 | 5.9% | £530,913 |
| June 2007 | 0% | £501,368 |
Rental Market Trends
The current average rental value in the building is £3,628.
The Munkenbeck Building, Hermitage Street Rental Market has increased by 37.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.5% | £3,628pcm |
| June 2025 | 3.9% | £3,439pcm |
| June 2024 | -1.4% | £3,310pcm |
| June 2023 | 12.2% | £3,356pcm |
| June 2022 | 23.4% | £2,990pcm |
| June 2021 | -7.9% | £2,423pcm |
| June 2020 | -1.9% | £2,631pcm |
| June 2019 | 1.9% | £2,681pcm |
| June 2018 | 1.3% | £2,630pcm |
| June 2017 | -1.5% | £2,597pcm |
| June 2016 | -1.2% | £2,636pcm |
| June 2015 | 0% | £2,669pcm |
| June 2014 | 0.6% | £2,668pcm |
| June 2013 | -3% | £2,652pcm |
| June 2012 | 2% | £2,734pcm |
| June 2011 | 10.5% | £2,681pcm |
| June 2010 | 10.8% | £2,426pcm |
| June 2009 | -9.7% | £2,189pcm |
| June 2008 | 7.1% | £2,424pcm |
| June 2007 | 0% | £2,263pcm |
Sales History
The last sale was on 18th March 2026 for £475,000 and since then the market in the area has increased by 0.7%. The building has had a total of 129 sales since 1995.
Munkenbeck Building, Hermitage Street, London, W2 1PW has seen 10 sales in the last three years and 2 sales in the last twelve months.
- Sold Mar 2026£475,000 | 1 Bed FlatApartment 109, Munkenbeck Building 5, Hermitage Street, London, W2 1PWApartment 109, Munkenbeck Building 5, Hermitage Street, London, W2 1PW
- Sold Mar 2026£545,000 | 2 Bed FlatApartment 110, Munkenbeck Building 5, Hermitage Street, London, W2 1PWApartment 110, Munkenbeck Building 5, Hermitage Street, London, W2 1PW
- Sold Mar 2025£195,000 | 2 Bed FlatApartment 503, Munkenbeck Building 5, Hermitage Street, London, W2 1PWApartment 503, Munkenbeck Building 5, Hermitage Street, London, W2 1PW
- Sold Dec 2024£860,000 | 2 Bed FlatApartment 502, Munkenbeck Building 5, Hermitage Street, London, W2 1PWApartment 502, Munkenbeck Building 5, Hermitage Street, London, W2 1PW
- Sold Oct 2024£515,000 | 2 Bed FlatApartment 5, Munkenbeck Building 5, Hermitage Street, London, W2 1PWApartment 5, Munkenbeck Building 5, Hermitage Street, London, W2 1PW
Property Types
- 79 modern flats built after 1980
- 3 flats of an unknown age
- 5 other addresses of unknown type
- modern flat (79)
- flat (3)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 79 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (32)
- F (0)
- C (41)
- G (0)
- D (5)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Dec 2016£3,895,617 | 4 Bed FlatApartment 123, 6, Hermitage Street, London, W2 1BEApartment 123, 6, Hermitage Street, London, W2 1BE
- Sold May 2024£2,500,000 | 4 Bed FlatApartment 908, Munkenbeck Building 5, Hermitage Street, London, W2 1PWApartment 908, Munkenbeck Building 5, Hermitage Street, London, W2 1PW
- Sold Feb 2017£2,500,000 | 4 Bed FlatApartment 104, 6, Hermitage Street, London, W2 1BEApartment 104, 6, Hermitage Street, London, W2 1BE
Schools Nearby
- St James & St John Church of England Primary School700 m away
- Christ Church Bentinck CofE Primary School700 m away
- Gateway Academy800 m away
- Marylebone Boys' School0 m away
- Westminster Academy1.1 km away
- Paddington Academy1.3 km away
More reading links
Public Transport Nearby
The closest station to Munkenbeck Building, Hermitage Street, London, W2 1PW is London Paddington station, which is 300 metres away.
- London Paddington|300 m away
- Paddington|400 m away
- Edgware Road|400 m away
- Warwick Avenue|700 m away
