Lancaster Gate - W2 3LP
Key Postcode Insights
W2 3LP is a residential postcode situated on Lancaster Gate, London, W2 with 83 addresses.
It ranks as the 908th largest and 738th 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 83 properties: 3 houses and 80 flats.
- Ave. Sale Price
- £1,377,541
- 10 Year change
- down 11.8%
- Ave. Rental Price
- £4,514pcm
- 10 Year change
- up 43.5%
- Ave. £ per ft²
- £1,449/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Postcode Insights
W2 3LP is a residential postcode situated on Lancaster Gate, London, W2 with 83 addresses.
It ranks as the 908th largest and 738th 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 83 properties: 3 houses and 80 flats.
- Ave. Sale Price
- £1,377,541
- 10 Year change
- down 11.8%
- Ave. Rental Price
- £4,514pcm
- 10 Year change
- up 43.5%
- Ave. £ per ft²
- £1,449/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Explore Propertiesin W2 3LP
- 22 Lancaster Gate
Period Building | 6 Units
- 23-26 Lancaster Gate
Unknown
- 27 Lancaster Gate
Period Building | 22 Units
- 28 Lancaster Gate
Period Building | 5 Units
- 29 Lancaster Gate
Period Building | 6 Units
Sales Market Trends
The last sale in W2 3LP sold for £1,825,000 on 28th August 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £1,377,541.
The W2 3LP Sales Market has decreased by 11.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £1,377,541 |
| June 2025 | -1.6% | £1,416,673 |
| June 2024 | -0.4% | £1,440,166 |
| June 2023 | -2% | £1,446,565 |
| June 2022 | 1.3% | £1,475,758 |
| June 2021 | -0.6% | £1,456,407 |
| June 2020 | 0.4% | £1,464,948 |
| June 2019 | -0.4% | £1,458,635 |
| June 2018 | -5.4% | £1,465,197 |
| June 2017 | -0.8% | £1,548,722 |
| June 2016 | -3.1% | £1,561,738 |
| June 2015 | 2.7% | £1,611,400 |
| June 2014 | 17.4% | £1,569,288 |
| June 2013 | 6.5% | £1,336,406 |
| June 2012 | 9.9% | £1,254,762 |
| June 2011 | 8.2% | £1,141,361 |
| June 2010 | 16.3% | £1,054,505 |
| June 2009 | -6.5% | £907,088 |
| June 2008 | 4.5% | £970,120 |
| June 2007 | 0% | £928,783 |
Rental Market Trends
The current average rental value in the postcode is £4,514.
The W2 3LP Rental Market has increased by 43.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.5% | £4,514pcm |
| June 2025 | 5.1% | £4,240pcm |
| June 2024 | -0.3% | £4,034pcm |
| June 2023 | 12.8% | £4,046pcm |
| June 2022 | 24.5% | £3,588pcm |
| June 2021 | -8.6% | £2,881pcm |
| June 2020 | -1.1% | £3,153pcm |
| June 2019 | 2.1% | £3,187pcm |
| June 2018 | 1% | £3,122pcm |
| June 2017 | -1.7% | £3,091pcm |
| June 2016 | -0.1% | £3,146pcm |
| June 2015 | 0.4% | £3,148pcm |
| June 2014 | 0.4% | £3,135pcm |
| June 2013 | -3.3% | £3,124pcm |
| June 2012 | 1.6% | £3,231pcm |
| June 2011 | 10.6% | £3,180pcm |
| June 2010 | 11.5% | £2,876pcm |
| June 2009 | -9.7% | £2,580pcm |
| June 2008 | 6.5% | £2,856pcm |
| June 2007 | 0% | £2,683pcm |
Sales History
The last sale was on 28th August 2025 for £1,825,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 75 sales since 1995.
W2 3LP has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£1,825,000 | 3 Bed FlatFlat 17, 33-35 , Lancaster Gate, London, W2 3LPFlat 17, 33-35 , Lancaster Gate, London, W2 3LP
- Sold Oct 2024£1,165,000 | 2 Bed FlatFlat 20, 33-35 , Lancaster Gate, London, W2 3LPFlat 20, 33-35 , Lancaster Gate, London, W2 3LP
- Sold Jun 2024£2,725,000 | 3 Bed FlatFlat 11, 33-35 , Lancaster Gate, London, W2 3LPFlat 11, 33-35 , Lancaster Gate, London, W2 3LP
- Sold Jul 2021£1,320,000 | 2 Bed FlatFlat 3, 22, Lancaster Gate, London, W2 3LPFlat 3, 22, Lancaster Gate, London, W2 3LP
- Sold Sep 2017£28,000,000 | 4 Bed House23-26, Lancaster Gate, London, W2 3LP23-26, Lancaster Gate, London, W2 3LP
Nearby Postcodes
W2 3LP is the 908th largest and the 738th most expensive postcode out of the 956 postcodes in the W2 area.
- W2 3QE, Lancaster Mews, London, W2W2 3QE27 Addresses|32 m away
- W2 3QQ, Lancaster Mews, London, W2W2 3QQ12 Addresses|35 m away
- W2 3NP, Lancaster Gate, London, W2W2 3NP23 Addresses|42 m away
- W2 3QG, Lancaster Mews, London, W2W2 3QG10 Addresses|45 m away
- W2 3LH, Lancaster Gate, London, W2W2 3LH55 Addresses|66 m away
Property Types
- 81 period flats built between 1800 and 1911
- 2 other addresses of unknown type
- period flat (81)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 65 properties.
- The most common rating is C.
- A (0)
- E (13)
- B (0)
- F (0)
- C (28)
- G (0)
- D (24)
- No EPC (18)
Top 3 Most Expensive Sales
- Sold Sep 2017£28,000,000 | 4 Bed House23-26, Lancaster Gate, London, W2 3LP23-26, Lancaster Gate, London, W2 3LP
- Sold Jul 2022£18,873,116 | 4 Bed FlatFlat 10, 19, Lancaster Gate, London, W2 3LHFlat 10, 19, Lancaster Gate, London, W2 3LH
- Sold Sep 2018£15,500,000 | 4 Bed FlatApartment 8, 87, Lancaster Gate, London, W2 3NHApartment 8, 87, Lancaster Gate, London, W2 3NH
Schools Nearby
- St James & St John Church of England Primary School100 m away
- Hallfield Primary School500 m away
- Hampden Gurney CofE Primary School1.2 km away
- Marylebone Boys' School800 m away
- Westminster Academy1.3 km away
- Holland Park School1.7 km away
More reading links
Public Transport Nearby
The closest station to W2 3LP is Lancaster Gate station, which is 300 metres away.
- Lancaster Gate|300 m away
- Paddington|500 m away
- London Paddington|500 m away
- Queensway|500 m away
