Inverness Terrace - W2 3LB
Key Postcode Insights
W2 3LB is a residential postcode situated on Inverness Terrace, London, W2 with 82 addresses.
It ranks as the 907th largest and 31st most expensive of the 956 postcodes in the W2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 82 properties: 82 flats.
- Ave. Sale Price
- £432,653
- 10 Year change
- down 16.3%
- Ave. Rental Price
- £1,939pcm
- 10 Year change
- up 36.3%
- Ave. £ per ft²
- £1,287/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
W2 3LB is a residential postcode situated on Inverness Terrace, London, W2 with 82 addresses.
It ranks as the 907th largest and 31st most expensive of the 956 postcodes in the W2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 82 properties: 82 flats.
- Ave. Sale Price
- £432,653
- 10 Year change
- down 16.3%
- Ave. Rental Price
- £1,939pcm
- 10 Year change
- up 36.3%
- Ave. £ per ft²
- £1,287/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin W2 3LB
- 58 Inverness Terrace
Period Building | 11 Units
- 60 Inverness Terrace
2 Bed Period Flat
- 62 Inverness Terrace
Period Building | 11 Units
- 64 Inverness Terrace
Building | 2 Flats
- 70 Inverness Terrace
Building | 3 Flats
Sales Market Trends
The last sale in W2 3LB sold for £940,000 on 31st March 2025. Since then prices are down an average of 4.7%.
The current average value in the postcode is £432,653.
The W2 3LB Sales Market has decreased by 16.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.3% | £432,653 |
| June 2025 | -2.3% | £451,921 |
| June 2024 | -1.1% | £462,449 |
| June 2023 | -2.4% | £467,466 |
| June 2022 | 0.3% | £479,046 |
| June 2021 | 0% | £477,641 |
| June 2020 | 0.3% | £477,435 |
| June 2019 | 0.3% | £476,079 |
| June 2018 | -6.4% | £474,649 |
| June 2017 | -1.9% | £506,938 |
| June 2016 | -1.8% | £516,665 |
| June 2015 | 4% | £526,005 |
| June 2014 | 19.7% | £505,760 |
| June 2013 | 5.7% | £422,454 |
| June 2012 | 8.6% | £399,791 |
| June 2011 | 6.5% | £368,083 |
| June 2010 | 13.7% | £345,684 |
| June 2009 | -6.9% | £304,074 |
| June 2008 | 3% | £326,512 |
| June 2007 | 0% | £316,900 |
Rental Market Trends
The current average rental value in the postcode is £1,939.
The W2 3LB Rental Market has increased by 36.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £1,939pcm |
| June 2025 | 4.5% | £1,851pcm |
| June 2024 | -0.8% | £1,772pcm |
| June 2023 | 12.3% | £1,786pcm |
| June 2022 | 23.1% | £1,590pcm |
| June 2021 | -7.9% | £1,292pcm |
| June 2020 | -1.5% | £1,403pcm |
| June 2019 | 3% | £1,424pcm |
| June 2018 | -0.1% | £1,383pcm |
| June 2017 | -2.6% | £1,385pcm |
| June 2016 | 1.1% | £1,422pcm |
| June 2015 | 1.9% | £1,406pcm |
| June 2014 | 2.4% | £1,381pcm |
| June 2013 | -3.8% | £1,348pcm |
| June 2012 | 0.2% | £1,402pcm |
| June 2011 | 8.5% | £1,399pcm |
| June 2010 | 9.2% | £1,289pcm |
| June 2009 | -10.1% | £1,181pcm |
| June 2008 | 4.8% | £1,314pcm |
| June 2007 | 0% | £1,254pcm |
Sales History
The last sale was on 31st March 2025 for £940,000 and since then the market in the area has decreased by 4.7%. The postcode has had a total of 43 sales since 1995.
W2 3LB has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£940,000 | 2 Bed FlatFlat 6, 62, Inverness Terrace, London, W2 3LBFlat 6, 62, Inverness Terrace, London, W2 3LB
- Sold Jan 2023£1,100,000 | 2 Bed FlatFlat 4, 62, Inverness Terrace, London, W2 3LBFlat 4, 62, Inverness Terrace, London, W2 3LB
- Sold Oct 2022£565,000 | 1 Bed FlatFlat 11, 62, Inverness Terrace, London, W2 3LBFlat 11, 62, Inverness Terrace, London, W2 3LB
- Sold Mar 2022£940,000 | 2 Bed FlatFlat 5, 58, Inverness Terrace, London, W2 3LBFlat 5, 58, Inverness Terrace, London, W2 3LB
- Sold Aug 2020£675,000 | 1 Bed FlatFlat 1, 78, Inverness Terrace, London, W2 3LBFlat 1, 78, Inverness Terrace, London, W2 3LB
Nearby Postcodes
W2 3LB is the 907th largest and the 31st most expensive postcode out of the 956 postcodes in the W2 area.
- W2 3SS, Queensborough Terrace, London, W2W2 3SS142 Addresses|29 m away
- W2 3TB, Queensborough Terrace, London, W2W2 3TB57 Addresses|44 m away
- W2 3JT, Inverness Terrace, London, W2W2 3JT55 Addresses|47 m away
- W2 3JN, Inverness Terrace, London, W2W2 3JN33 Addresses|51 m away
- W2 3SG, Queensborough Mews, London, W2W2 3SG9 Addresses|52 m away
Property Types
- 49 period flats built between 1800 and 1911
- 33 early-century flats built between 1912 and 1935
- period flat (49)
- early-century flat (33)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 65 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (0)
- F (1)
- C (25)
- G (0)
- D (33)
- No EPC (17)
Top 3 Most Expensive Sales
- Sold Dec 2021£40,500,000 | 1 Bed Flat21, Inverness Terrace, London, W2 3JL21, Inverness Terrace, London, W2 3JL
- Sold Sep 2015£6,750,000 | 3 Bed FlatFlat 1, 6, Inverness Terrace, London, W2 3HUFlat 1, 6, Inverness Terrace, London, W2 3HU
- Sold Aug 2020£4,625,000 | 1 Bed Flat21, Inverness Terrace, London, W2 3JL21, Inverness Terrace, London, W2 3JL
Schools Nearby
- Hallfield Primary School100 m away
- St James & St John Church of England Primary School500 m away
- Fox Primary School1.0 km away
- Marylebone Boys' School900 m away
- Westminster Academy1.0 km away
- Holland Park School1.3 km away
More reading links
Public Transport Nearby
The closest station to W2 3LB is Bayswater station, which is 100 metres away.
- Bayswater|100 m away
- Queensway|300 m away
- Royal Oak|700 m away
- Lancaster Gate|800 m away
