Queensway - W2 3RL
Key Postcode Insights
W2 3RL is a residential postcode situated on Queensway, London, W2 with 41 addresses.
It ranks as the 557th largest and 365th most expensive of the 956 postcodes in the W2 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 41 properties: 39 flats and 2 other properties.
- Ave. Sale Price
- £572,663
- 10 Year change
- down 14.4%
- Ave. Rental Price
- £2,777pcm
- 10 Year change
- up 38.6%
- Ave. £ per ft²
- £1,020/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
W2 3RL is a residential postcode situated on Queensway, London, W2 with 41 addresses.
It ranks as the 557th largest and 365th most expensive of the 956 postcodes in the W2 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 41 properties: 39 flats and 2 other properties.
- Ave. Sale Price
- £572,663
- 10 Year change
- down 14.4%
- Ave. Rental Price
- £2,777pcm
- 10 Year change
- up 38.6%
- Ave. £ per ft²
- £1,020/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Properties in W2 3RL
- 58 Queensway
Building  |  3 Flats
- 60 Queensway
Period Building | 5 Units
- 62 Queensway
Period Building | 5 Units
- 64 Queensway
Building  |  4 Flats
- 66 Queensway
Building  |  2 Flats
Sales Market Trends
The last sale in W2 3RL sold for £70,000 on 29th January 2016. Since then prices are down an average of 0.0%.
The current average value in the postcode is £572,663.
The W2 3RL Sales Market has decreased by 14.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.5% | £572,663 |
| June 2025 | -1.7% | £593,394 |
| June 2024 | -1.3% | £603,519 |
| June 2023 | -2.4% | £611,520 |
| June 2022 | 0.6% | £626,485 |
| June 2021 | 0.2% | £622,610 |
| June 2020 | 0.3% | £621,629 |
| June 2019 | -0.2% | £619,563 |
| June 2018 | -5.8% | £621,031 |
| June 2017 | -1.4% | £659,451 |
| June 2016 | -3.2% | £669,124 |
| June 2015 | 3.3% | £691,182 |
| June 2014 | 18.6% | £669,233 |
| June 2013 | 5.5% | £564,201 |
| June 2012 | 9.5% | £534,555 |
| June 2011 | 7.2% | £488,143 |
| June 2010 | 15% | £455,289 |
| June 2009 | -6.9% | £395,820 |
| June 2008 | 4.5% | £425,101 |
| June 2007 | 0% | £406,903 |
Rental Market Trends
The current average rental value in the postcode is £2,777.
The W2 3RL Rental Market has increased by 38.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.6% | £2,777pcm |
| June 2025 | 5% | £2,630pcm |
| June 2024 | -0.9% | £2,504pcm |
| June 2023 | 12% | £2,528pcm |
| June 2022 | 23.2% | £2,258pcm |
| June 2021 | -7.8% | £1,832pcm |
| June 2020 | -1.3% | £1,988pcm |
| June 2019 | 2.5% | £2,013pcm |
| June 2018 | 0.2% | £1,963pcm |
| June 2017 | -2.2% | £1,960pcm |
| June 2016 | -0.3% | £2,004pcm |
| June 2015 | 1.1% | £2,011pcm |
| June 2014 | 1.7% | £1,989pcm |
| June 2013 | -4.5% | £1,956pcm |
| June 2012 | 1.2% | £2,049pcm |
| June 2011 | 9.6% | £2,025pcm |
| June 2010 | 10.3% | £1,848pcm |
| June 2009 | -9.8% | £1,675pcm |
| June 2008 | 6.3% | £1,858pcm |
| June 2007 | 0% | £1,748pcm |
Sales History
The last recorded sale was on 29th January 2016 for £70,000 and since then the market in the area has remained stable.
W2 3RL has had 3 sales since 1995, none of them in the last three years.
- Sold Jan 2016£70,000 | 2 Bed Flat80, Queensway, London, W2 3RL80, Queensway, London, W2 3RL
- Sold Sep 2015£630,000 | 1 Bed FlatFlat C, 74, Queensway, London, W2 3RLFlat C, 74, Queensway, London, W2 3RL
- Sold Sep 2015£630,000 | 1 Bed FlatFlat B, 74, Queensway, London, W2 3RLFlat B, 74, Queensway, London, W2 3RL
Nearby Postcodes
W2 3RL is the 557th largest and the 365th most expensive postcode out of the 956 postcodes in the W2 area.
- W2 4RA, Queensway, London, W2W2 4RA9 Addresses|25 m away
- W2 4AJ, Moscow Road, London, W2W2 4AJ9 Addresses|30 m away
- W2 4QH, Queensway, London, W2W2 4QH2 Addresses|39 m away
- W2 4AF, Moscow Road, London, W2W2 4AF29 Addresses|43 m away
- W2 4QJ, Queensway, London, W2W2 4QJ5 Addresses|43 m away
Property Types
- 10 period flats built between 1800 and 1911
- 29 early-century flats built between 1912 and 1935
- 2 other addresses of unknown type
- period flat (10)
- early-century flat (29)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (8)
- G (0)
- D (11)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Jan 2025£25,862,761 | 2 Bed FlatUnit A, 32-34, Queensway, London, W2 3RXUnit A, 32-34, Queensway, London, W2 3RX
- Sold Mar 2023£17,593,110 | 2 Bed FlatFlat 30, Consort House, Queensway, London, W2 3RXFlat 30, Consort House, Queensway, London, W2 3RX
- Sold Mar 2024£13,900,000 | 4 Bed FlatApartment 711C, 149, Queensway, London, W2 4BJApartment 711C, 149, Queensway, London, W2 4BJ
Schools Nearby
- Hallfield Primary School200 m away
- St James & St John Church of England Primary School500 m away
- Fox Primary School900 m away
- Westminster Academy1.0 km away
- Marylebone Boys' School1.0 km away
- Holland Park School1.3 km away
More reading links
Public Transport Nearby
The closest station to W2 3RL is Bayswater station, which is 0 metres away.
- Bayswater|0 m away
- Queensway|200 m away
- Royal Oak|700 m away
- Notting Hill Gate|800 m away