House Prices in W2 1PB

London 68 properties Avg. price: £487,412
68
Properties
£487K
Average Price
£6K
Lowest Sale
£1.6M
Highest Sale

Market overview

# W2 1PB Area Summary

W2 1PB covers a prime section of Paddington in the City of Westminster, one of central London's most dynamic and rapidly evolving neighbourhoods. This postcode sits at the heart of significant regeneration, particularly around Paddington Basin and the surrounding areas that have transformed dramatically over recent years. The location benefits from exceptional transport connectivity with Paddington Station providing Heathrow Express services, the Elizabeth Line, London Underground lines, and national rail connections, making it highly attractive to both commuters and international buyers.

Based on the current market data of 68 properties with an average price of £487,412, this area represents relatively accessible pricing for central Westminster, likely reflecting a substantial proportion of apartments and former conversion properties typical of the Paddington area. This average sits below many comparable central London postcodes, potentially indicating a mix of studio and one-bedroom flats alongside some larger units. The figure suggests the area appeals to first-time buyers, buy-to-let investors, and young professionals seeking well-connected central London living without the premium price tags of neighbouring Marylebone or Bayswater.

The area's appeal lies in its excellent transport links, proximity to Hyde Park, the ongoing regeneration bringing modern amenities and office spaces, and a vibrant mix of restaurants, cafés, and cultural attractions. The combination of heritage architecture and contemporary developments creates a distinctive character that continues to attract diverse residents and investors.

AI-generated market summary · Updated 17 Aug 2026

Price Trends

Properties in W2 1PB

68 total
Apartment 701, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £1,090,000 Apartment 305, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £625,000 Apartment 705, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £850,000 Storage Unit S24, Munkenbeck Building, 5, Hermitage Street, London, W2 1PB Other £6,000 Storage Unit S28, Munkenbeck Building, 5, Hermitage Street, London, W2 1PB Other £6,000 Storage Unit S39, Marshall Building 3, Hermitage Street, London, W2 1PB Other £6,000 Apartment 402, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £935,000 Storage Unit S37, Marshall Building, 3, Hermitage Street, London, W2 1PB Other £6,000 Storage Unit S33, Marshall Building 3, Hermitage Street, London, W2 1PB Other £6,000 Storage Unit S5, Munkenbeck Building, 5, Hermitage Street, London, W2 1PB Other £6,000 Apartment 408, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £500,000 Apartment 902, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £1,375,000 Apartment 609, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £495,000 Apartment 606, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £475,000 Apartment 901, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £1,628,100 Apartment 1005, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £555,000 Apartment 802, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £500,000 Apartment 601, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £497,500 Apartment 805, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £590,000 Apartment 401, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £484,000 Apartment 603, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £500,000 Apartment 407, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £450,000 Apartment 801, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £634,050 Apartment 1006, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £634,050 Apartment 806, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £570,000 Apartment 106, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £335,000 Apartment 1205, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £1,370,000 Apartment 5, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £390,000 Apartment 906, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £635,000 Apartment 501, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £500,000 Apartment 303, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £485,000 Apartment 702, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £540,000 Apartment 103, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £367,500 Apartment 306, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £451,200 Apartment 1106, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £612,000 Apartment 206, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £482,500 Apartment 107, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £450,000 Apartment 605, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £365,000 Apartment 607, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £540,000 Apartment 307, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £465,000 Apartment 506, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £500,000 Flat 405, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £392,500 Apartment 105, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £350,000 Apartment 1105, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £542,500 Apartment 205, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £340,000 Apartment 507, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £550,000 Apartment 406, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £331,500 Apartment 706, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £560,000 Apartment 505, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £365,000 Apartment 504, Marshall Building, 3, Hermitage Street, London, W2 1PB Flat / Maisonette £375,000

Frequently Asked Questions

What is the average house price in W2 1PB?

The average house price in W2 1PB, London is £487,412. Prices range from £6,000 to £1,628,100.

How many properties are in W2 1PB?

There are 68 properties in W2 1PB, London.

What types of properties are in W2 1PB?

W2 1PB contains 62 flat / maisonette properties, 6 other properties.

How have house prices changed in W2 1PB?

Average house prices in W2 1PB have risen by 71.9% from £497,500 in 1995 to £855,000 in 2024.

Where is W2 1PB located?

W2 1PB is located in London, Greater London, England.