Praed Street - W2 1RH
Key Postcode Insights
W2 1RH is a residential postcode situated on Praed Street, London, W2 with 12 addresses.
It ranks as the 231st largest and 771st most expensive of the 956 postcodes in the W2 area.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £1,755,197
- 10 Year change
- down 7.0%
- Ave. Rental Price
- £7,925pcm
- 10 Year change
- up 51.3%
- Ave. £ per ft²
- £1,109/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
W2 1RH is a residential postcode situated on Praed Street, London, W2 with 12 addresses.
It ranks as the 231st largest and 771st most expensive of the 956 postcodes in the W2 area.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £1,755,197
- 10 Year change
- down 7.0%
- Ave. Rental Price
- £7,925pcm
- 10 Year change
- up 51.3%
- Ave. £ per ft²
- £1,109/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Properties in W2 1RH
- 167 Praed Street
House
- 175 Praed Street
House
- 177-179 Praed Street
House
- 181 Praed Street
House
Sales Market Trends
The last sale in W2 1RH sold for £7,900,000 on 19th June 2025. Since then prices are down an average of 0.0%.
The current average value in the postcode is £1,755,197.
The W2 1RH Sales Market has decreased by 7.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.4% | £1,755,197 |
| June 2025 | -0.4% | £1,816,909 |
| June 2024 | 1% | £1,824,710 |
| June 2023 | -1.7% | £1,806,706 |
| June 2022 | 2.8% | £1,837,057 |
| June 2021 | -0.2% | £1,787,071 |
| June 2020 | 0.9% | £1,790,111 |
| June 2019 | -1.3% | £1,773,524 |
| June 2018 | -3.8% | £1,797,187 |
| June 2017 | -1% | £1,867,728 |
| June 2016 | 0.2% | £1,886,773 |
| June 2015 | 4.9% | £1,882,310 |
| June 2014 | 18% | £1,794,341 |
| June 2013 | 4.3% | £1,520,844 |
| June 2012 | 8.7% | £1,457,628 |
| June 2011 | 8.7% | £1,340,597 |
| June 2010 | 19.7% | £1,233,795 |
| June 2009 | -7.1% | £1,030,812 |
| June 2008 | 1.1% | £1,110,130 |
| June 2007 | 0% | £1,097,978 |
Rental Market Trends
The current average rental value in the postcode is £7,925.
The W2 1RH Rental Market has increased by 51.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.8% | £7,925pcm |
| June 2025 | 6.4% | £7,493pcm |
| June 2024 | 1.1% | £7,044pcm |
| June 2023 | 13.2% | £6,965pcm |
| June 2022 | 26.3% | £6,155pcm |
| June 2021 | -8.2% | £4,872pcm |
| June 2020 | -0.6% | £5,308pcm |
| June 2019 | 1.2% | £5,339pcm |
| June 2018 | 2.7% | £5,277pcm |
| June 2017 | -1.9% | £5,136pcm |
| June 2016 | 3.4% | £5,237pcm |
| June 2015 | 2.6% | £5,066pcm |
| June 2014 | 0.8% | £4,938pcm |
| June 2013 | -5.2% | £4,897pcm |
| June 2012 | 0.5% | £5,168pcm |
| June 2011 | 11% | £5,143pcm |
| June 2010 | 14.8% | £4,634pcm |
| June 2009 | -10.4% | £4,036pcm |
| June 2008 | 3.1% | £4,503pcm |
| June 2007 | 0% | £4,370pcm |
Sales History
The last recorded sale was on 19th June 2025 for £7,900,000 and since then the market in the area has remained stable.
W2 1RH has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- 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 Jul 2019£850,833 | 3 Bed House183, Praed Street, London, W2 1RH183, Praed Street, London, W2 1RH
Nearby Postcodes
W2 1RH is the 231st largest and the 771st most expensive postcode out of the 956 postcodes in the W2 area.
- W2 1HS, Conduit Place, London, W2W2 1HS10 Addresses|34 m away
- W2 1TT, Talbot Square, London, W2W2 1TT1 Address|51 m away
- W2 1JF, Spring Street, London, W2W2 1JF48 Addresses|72 m away
- W2 1JA, Spring Street, London, W2W2 1JA10 Addresses|72 m away
- W2 1TS, Talbot Square, London, W2W2 1TS30 Addresses|74 m away
Property Types
- 12 other addresses of unknown type
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (12)
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
- St James & St John Church of England Primary School400 m away
- Hallfield Primary School800 m away
- Hampden Gurney CofE Primary School800 m away
- Marylebone Boys' School400 m away
- Westminster Academy1.3 km away
- Paddington Academy1.6 km away
More reading links
Public Transport Nearby
The closest station to W2 1RH is Paddington station, which is 0 metres away.
- Paddington|0 m away
- London Paddington|100 m away
- Lancaster Gate|400 m away
- Edgware Road|600 m away
