Launceston Place - W8 5RL
Key Postcode Insights
W8 5RL is a residential postcode situated on Launceston Place, London, W8 with 27 addresses.
It ranks as the 424th largest and 502nd most expensive of the 572 postcodes in the W8 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 27 properties: 20 houses and 7 flats.
- Ave. Sale Price
- £4,817,126
- 10 Year change
- down 10.3%
- Ave. Rental Price
- £14,610pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £2,388/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Key Postcode Insights
W8 5RL is a residential postcode situated on Launceston Place, London, W8 with 27 addresses.
It ranks as the 424th largest and 502nd most expensive of the 572 postcodes in the W8 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 27 properties: 20 houses and 7 flats.
- Ave. Sale Price
- £4,817,126
- 10 Year change
- down 10.3%
- Ave. Rental Price
- £14,610pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £2,388/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Explore Propertiesin W8 5RL
- 1 Launceston Place
Building  |  3 Flats
- 2 Launceston Place
Building  |  2 Flats
- 3 Launceston Place
Building  |  2 Flats
- 4A Launceston Place
Unknown
- 5 Launceston Place
4 Bed Period House
Sales Market Trends
The last sale in W8 5RL sold for £7,400,000 on 25th October 2024. Since then prices are down an average of 3.5%.
The current average value in the postcode is £4,817,126.
The W8 5RL Sales Market has decreased by 10.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £4,817,126 |
| June 2025 | -2.5% | £4,881,679 |
| June 2024 | -1.4% | £5,007,386 |
| June 2023 | -1.8% | £5,081,014 |
| June 2022 | 4.9% | £5,175,493 |
| June 2021 | 1.6% | £4,934,709 |
| June 2020 | 1% | £4,857,900 |
| June 2019 | -1.7% | £4,808,803 |
| June 2018 | -3.2% | £4,894,193 |
| June 2017 | -5.8% | £5,057,546 |
| June 2016 | -1.4% | £5,370,096 |
| June 2015 | -1% | £5,446,154 |
| June 2014 | 13.7% | £5,499,970 |
| June 2013 | 7.2% | £4,837,125 |
| June 2012 | 14% | £4,511,912 |
| June 2011 | 8.7% | £3,958,035 |
| June 2010 | 18.6% | £3,640,181 |
| June 2009 | -4.8% | £3,068,855 |
| June 2008 | 7.3% | £3,224,178 |
| June 2007 | 0% | £3,003,902 |
Rental Market Trends
The current average rental value in the postcode is £14,610.
The W8 5RL Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.8% | £14,610pcm |
| June 2025 | 5.4% | £13,808pcm |
| June 2024 | -0.5% | £13,105pcm |
| June 2023 | 16% | £13,172pcm |
| June 2022 | 23.8% | £11,351pcm |
| June 2021 | -4% | £9,169pcm |
| June 2020 | -3.9% | £9,549pcm |
| June 2019 | 2.9% | £9,941pcm |
| June 2018 | 1.2% | £9,660pcm |
| June 2017 | -3.6% | £9,541pcm |
| June 2016 | -1.8% | £9,893pcm |
| June 2015 | 1.2% | £10,073pcm |
| June 2014 | 0.4% | £9,951pcm |
| June 2013 | -1.9% | £9,913pcm |
| June 2012 | 0.5% | £10,105pcm |
| June 2011 | 11.8% | £10,056pcm |
| June 2010 | 13.9% | £8,994pcm |
| June 2009 | -10.3% | £7,895pcm |
| June 2008 | 6% | £8,797pcm |
| June 2007 | 0% | £8,299pcm |
Sales History
The last sale was on 25th October 2024 for £7,400,000 and since then the market in the area has decreased by 3.5%. The postcode has had a total of 30 sales since 1995.
W8 5RL has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2024£7,400,000 | 4 Bed House12, Launceston Place, London, W8 5RL12, Launceston Place, London, W8 5RL
- Sold Jan 2024£5,250,000 | 5 Bed House6, Launceston Place, London, W8 5RL6, Launceston Place, London, W8 5RL
- Sold Jan 2024£4,400,000 | 5 Bed House9, Launceston Place, London, W8 5RL9, Launceston Place, London, W8 5RL
- Sold Nov 2023£6,250,000 | 4 Bed House14, Launceston Place, London, W8 5RL14, Launceston Place, London, W8 5RL
- Sold Mar 2022£5,100,000 | 5 Bed House6, Launceston Place, London, W8 5RL6, Launceston Place, London, W8 5RL
Nearby Postcodes
W8 5RL is the 424th largest and the 502nd most expensive postcode out of the 572 postcodes in the W8 area.
- W8 5RH, Victoria Road, London, W8W8 5RH20 Addresses|49 m away
- W8 5RW, Victoria Grove, London, W8W8 5RW29 Addresses|65 m away
- W8 5RQ, Victoria Road, London, W8W8 5RQ8 Addresses|73 m away
- W8 5RU, Albert Mews, London, W8W8 5RU12 Addresses|90 m away
- W8 5RN, Launceston Place, London, W8W8 5RN20 Addresses|94 m away
Property Types
- 9 period houses built between 1800 and 1911
- 7 period flats built between 1800 and 1911
- 4 houses of an unknown age
- 7 other addresses of unknown type
- period house (9)
- period flat (7)
- house (4)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (0)
- F (1)
- C (0)
- G (0)
- D (6)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold Jan 2022£7,950,000 | 6 Bed House30, Launceston Place, London, W8 5RN30, Launceston Place, London, W8 5RN
- Sold Oct 2024£7,400,000 | 4 Bed House12, Launceston Place, London, W8 5RL12, Launceston Place, London, W8 5RL
- Sold Jun 2018£7,300,000 | 5 Bed House22, Launceston Place, London, W8 5RL22, Launceston Place, London, W8 5RL
Schools Nearby
- St Mary Abbots CofE Primary School600 m away
- Our Lady of Victories RC Primary School800 m away
- St Barnabas and St Philip's CofE Primary School900 m away
- Holland Park School1.3 km away
- St. Thomas More Language College1.7 km away
- The Cardinal Vaughan Memorial RC School1.9 km away
More reading links
Public Transport Nearby
The closest station to W8 5RL is Gloucester Road station, which is 500 metres away.
- Gloucester Road|500 m away
- High Street Kensington|600 m away
- Earl's Court|900 m away
- South Kensington|900 m away
