W2 1PW is a residential postcode situated on Hermitage Street, London, W2 with 87 addresses.
It ranks as the 918th largest and 487th 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 87 properties: 87 flats.
W2 1PW is a residential postcode situated on Hermitage Street, London, W2 with 87 addresses.
It ranks as the 918th largest and 487th 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 87 properties: 87 flats.
Sale prices range from £457,553 for 1 bedroom leasehold flats with a balcony (419 ft2) to £1,937,458 for 4 bedroom leasehold flats with a balcony (2,400 ft2) .
Monthly rental prices range from £2,307 pcm for 1 bed flats to £9,036 pcm for 4 bed flats.
The gross rental yield is between 5.6% and 6.1%.
The average value per square foot is £974.
The last sale in W2 1PW sold for £195,000 on 31st March 2025. Since then prices are down an average of 1.5%.
The current average value in the postcode is £782,812.
The W2 1PW Sales Market has decreased by 13.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £782,812 |
| April 2025 | -4.3% | £788,972 |
| April 2024 | -0.2% | £824,430 |
| April 2023 | -1.7% | £826,277 |
| April 2022 | 2% | £840,310 |
| April 2021 | -1.2% | £824,105 |
| April 2020 | 0% | £834,014 |
| April 2019 | -3.4% | £834,181 |
| April 2018 | -3.2% | £863,703 |
| April 2017 | -0.9% | £892,545 |
| April 2016 | -2.3% | £900,672 |
| April 2015 | 2.8% | £921,545 |
| April 2014 | 15.9% | £896,030 |
| April 2013 | 8.3% | £772,983 |
| April 2012 | 10.2% | £713,535 |
| April 2011 | 8.6% | £647,569 |
| April 2010 | 12.4% | £596,035 |
| April 2009 | -6.8% | £530,162 |
| April 2008 | 13.5% | £568,863 |
| April 2007 | 0% | £501,341 |
The current average rental value in the postcode is £3,808.
The W2 1PW Rental Market has increased by 35.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.8% | £3,808pcm |
| April 2025 | 2.4% | £3,598pcm |
| April 2024 | 0.7% | £3,514pcm |
| April 2023 | 14.9% | £3,488pcm |
| April 2022 | 22% | £3,036pcm |
| April 2021 | -12.9% | £2,489pcm |
| April 2020 | 1.7% | £2,858pcm |
| April 2019 | -0.2% | £2,811pcm |
| April 2018 | 2.7% | £2,816pcm |
| April 2017 | -2.5% | £2,742pcm |
| April 2016 | 0.3% | £2,814pcm |
| April 2015 | -0.1% | £2,806pcm |
| April 2014 | -0.9% | £2,807pcm |
| April 2013 | -2.4% | £2,833pcm |
| April 2012 | 3.8% | £2,903pcm |
| April 2011 | 11.5% | £2,798pcm |
| April 2010 | 7.5% | £2,510pcm |
| April 2009 | -8.9% | £2,335pcm |
| April 2008 | 9.3% | £2,562pcm |
| April 2007 | 0% | £2,344pcm |
The last sale was on 31st March 2025 for £195,000 and since then the market in the area has decreased by 1.5%. The postcode has had a total of 127 sales since 1995.
W2 1PW has seen 8 sales in the last three years and no sales in the last twelve months.
W2 1PW is the 918th largest and the 487th most expensive postcode out of the 955 postcodes in the W2 area.
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