Spring Street - W2 3RA
Key Postcode Insights
W2 3RA is a residential postcode situated on Spring Street, London, W2 with 63 addresses.
It ranks as the 831st largest and 95th 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 63 properties: 1 house and 62 flats.
- Ave. Sale Price
- £426,097
- 10 Year change
- down 15.4%
- Ave. Rental Price
- £2,123pcm
- 10 Year change
- up 37.6%
- Ave. £ per ft²
- £881/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
W2 3RA is a residential postcode situated on Spring Street, London, W2 with 63 addresses.
It ranks as the 831st largest and 95th 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 63 properties: 1 house and 62 flats.
- Ave. Sale Price
- £426,097
- 10 Year change
- down 15.4%
- Ave. Rental Price
- £2,123pcm
- 10 Year change
- up 37.6%
- Ave. £ per ft²
- £881/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin W2 3RA
- 1 Spring Street
Period Building | 6 Units
- 2A Spring Street
Building  |  4 Flats
- 3 Spring Street
Period Building | 7 Units
- 4 Spring Street
Period Building | 5 Units
- 5 Spring Street
Period Building | 5 Units
Sales Market Trends
The last sale in W2 3RA sold for £368,000 on 16th February 2024. Since then prices are down an average of 9.9%.
The current average value in the postcode is £426,097.
The W2 3RA Sales Market has decreased by 15.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.7% | £426,097 |
| June 2025 | -2.2% | £446,911 |
| June 2024 | -0.8% | £457,016 |
| June 2023 | -2.3% | £460,860 |
| June 2022 | 0.6% | £471,694 |
| June 2021 | 0.2% | £468,660 |
| June 2020 | 0.2% | £467,692 |
| June 2019 | 0% | £466,924 |
| June 2018 | -5.8% | £466,901 |
| June 2017 | -1.6% | £495,492 |
| June 2016 | -1.6% | £503,744 |
| June 2015 | 4% | £512,143 |
| June 2014 | 19.4% | £492,357 |
| June 2013 | 5.4% | £412,304 |
| June 2012 | 8.5% | £391,142 |
| June 2011 | 6.7% | £360,497 |
| June 2010 | 14.9% | £337,888 |
| June 2009 | -6.7% | £294,192 |
| June 2008 | 2.6% | £315,247 |
| June 2007 | 0% | £307,109 |
Rental Market Trends
The current average rental value in the postcode is £2,123.
The W2 3RA Rental Market has increased by 37.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £2,123pcm |
| June 2025 | 4.5% | £2,034pcm |
| June 2024 | -0.7% | £1,947pcm |
| June 2023 | 12.4% | £1,961pcm |
| June 2022 | 23.7% | £1,744pcm |
| June 2021 | -7.9% | £1,410pcm |
| June 2020 | -1.3% | £1,531pcm |
| June 2019 | 2.5% | £1,551pcm |
| June 2018 | 0.6% | £1,513pcm |
| June 2017 | -2.5% | £1,504pcm |
| June 2016 | 1.4% | £1,543pcm |
| June 2015 | 1.7% | £1,521pcm |
| June 2014 | 2.1% | £1,496pcm |
| June 2013 | -4.3% | £1,465pcm |
| June 2012 | 0.3% | £1,530pcm |
| June 2011 | 9% | £1,526pcm |
| June 2010 | 10.2% | £1,401pcm |
| June 2009 | -9.9% | £1,271pcm |
| June 2008 | 4.6% | £1,411pcm |
| June 2007 | 0% | £1,349pcm |
Sales History
The last sale was on 16th February 2024 for £368,000 and since then the market in the area has decreased by 9.9%. The postcode has had a total of 22 sales since 1995.
W2 3RA has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2024£368,000 | 1 Bed FlatFlat 4, 5, Spring Street, London, W2 3RAFlat 4, 5, Spring Street, London, W2 3RA
- Sold Feb 2024£4,600,000 | 1 Bed Flat3, Spring Street, London, W2 3RA3, Spring Street, London, W2 3RA
- Sold Mar 2020£432,500 | 2 Bed FlatFlat 5, 8, Spring Street, London, W2 3RAFlat 5, 8, Spring Street, London, W2 3RA
- Sold Nov 2017£410,000 | 1 Bed FlatFlat 2, 4, Spring Street, London, W2 3RAFlat 2, 4, Spring Street, London, W2 3RA
- Sold Jul 2017£3,500,000 | 1 Bed Flat3, Spring Street, London, W2 3RA3, Spring Street, London, W2 3RA
Nearby Postcodes
W2 3RA is the 831st largest and the 95th most expensive postcode out of the 956 postcodes in the W2 area.
- W2 3RE, Conduit Mews, London, W2W2 3RE41 Addresses|38 m away
- W2 1HT, Conduit Passage, London, W2W2 1HT7 Addresses|42 m away
- W2 1JA, Spring Street, London, W2W2 1JA10 Addresses|44 m away
- W2 1JF, Spring Street, London, W2W2 1JF48 Addresses|44 m away
- W2 3UA, Sussex Gardens, London, W2W2 3UA26 Addresses|46 m away
Property Types
- 58 period flats built between 1800 and 1911
- 4 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- period flat (58)
- mid-century flat (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 36 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (1)
- C (13)
- G (0)
- D (17)
- No EPC (27)
Top 3 Most Expensive Sales
- Sold Feb 2024£4,600,000 | 1 Bed Flat3, Spring Street, London, W2 3RA3, Spring Street, London, W2 3RA
- Sold Jul 2017£3,500,000 | 1 Bed Flat3, Spring Street, London, W2 3RA3, Spring Street, London, W2 3RA
- Sold Oct 2011£1,500,000 | 4 Bed House38, Spring Street, London, W2 1JA38, Spring Street, London, W2 1JA
Schools Nearby
- St James & St John Church of England Primary School300 m away
- Hallfield Primary School700 m away
- Hampden Gurney CofE Primary School800 m away
- Marylebone Boys' School500 m away
- Westminster Academy1.4 km away
- Paddington Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to W2 3RA is Paddington station, which is 100 metres away.
- Paddington|100 m away
- London Paddington|200 m away
- Lancaster Gate|300 m away
- Edgware Road|700 m away
