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Hanover Square is a residential street with 85 addresses.
It ranks as the 411th largest and 463rd most expensive of the 508 streets in the W1 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 85 properties: 7 houses and 78 flats.
Hanover Square is a residential street with 85 addresses.
It ranks as the 411th largest and 463rd most expensive of the 508 streets in the W1 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 85 properties: 7 houses and 78 flats.
Sale prices range from £932,677 for 2 bedroom leasehold flats (821 ft2) to £7,916,014 for 3 bedroom leasehold flats (1,597 ft2) .
Monthly rental prices range from £4,144 pcm for 2 bed flats to £19,390 pcm for 3 bed flats.
The gross rental yield is between 2.9% and 5.6%.
The average value per square foot is £4,942.
The last sale on Hanover Square sold for £10,000,000 on 1st August 2023. Since then prices are down an average of 4.3%.
The current average value in the street is £4,491,340.
The Hanover Square Sales Market has decreased by 10.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.8% | £4,491,340 |
| May 2025 | -3.1% | £4,527,081 |
| May 2024 | -0.4% | £4,670,607 |
| May 2023 | -0.6% | £4,687,550 |
| May 2022 | 5% | £4,713,899 |
| May 2021 | -2.7% | £4,489,238 |
| May 2020 | 0.9% | £4,611,471 |
| May 2019 | -2.6% | £4,570,827 |
| May 2018 | -2.1% | £4,694,042 |
| May 2017 | -4.4% | £4,794,813 |
| May 2016 | -1.4% | £5,014,332 |
| May 2015 | 3.6% | £5,086,224 |
| May 2014 | 15.6% | £4,909,881 |
| May 2013 | 11.6% | £4,249,116 |
| May 2012 | 15.1% | £3,807,113 |
| May 2011 | 9.6% | £3,307,246 |
| May 2010 | 13.2% | £3,016,446 |
| May 2009 | -7.3% | £2,664,167 |
| May 2008 | 24.6% | £2,874,738 |
| May 2007 | 0% | £2,307,686 |
The current average rental value in the street is £12,577.
The Hanover Square Rental Market has increased by 34.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.7% | £12,577pcm |
| May 2025 | 3.2% | £11,900pcm |
| May 2024 | 3.5% | £11,530pcm |
| May 2023 | 10% | £11,142pcm |
| May 2022 | 22.5% | £10,128pcm |
| May 2021 | -10.6% | £8,265pcm |
| May 2020 | -1.8% | £9,241pcm |
| May 2019 | 1.9% | £9,411pcm |
| May 2018 | 3.4% | £9,238pcm |
| May 2017 | -4.2% | £8,935pcm |
| May 2016 | -0.3% | £9,323pcm |
| May 2015 | -0.3% | £9,348pcm |
| May 2014 | 1.5% | £9,379pcm |
| May 2013 | -4.3% | £9,240pcm |
| May 2012 | 6.1% | £9,658pcm |
| May 2011 | 15.3% | £9,104pcm |
| May 2010 | 12.9% | £7,896pcm |
| May 2009 | -10.6% | £6,992pcm |
| May 2008 | 3.3% | £7,824pcm |
| May 2007 | 0% | £7,571pcm |
The last sale was on 1st August 2023 for £10,000,000 and since then the market in the area has decreased by 4.3%. The street has had a total of 58 sales since 1995.
Hanover Square, London, W1 has seen 54 sales in the last three years and no sales in the last twelve months.
Hanover Square, London, W1 is the 411th largest and the 463rd most expensive street in the W1 area.
There are 8 postcodes on Hanover Square, London, W1.
The closest station to Hanover Square, London, W1 is Oxford Circus station which is 100 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Hanover Square, London, W1, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Hanover Square, London, W1, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Hanover Square, London, W1, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Hanover Square, London, W1, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.