House Prices in W2 1PW

London 75 properties Avg. price: £526,710
75
Properties
£527K
Average Price
£195K
Lowest Sale
£2.5M
Highest Sale

Market overview

# W2 1PW Area Summary

**Paddington & Bayswater Property Market**

W2 1PW falls within the Paddington and Bayswater area of Westminster, one of central London's most dynamic property markets. With 75 properties analysed and an average price of £526,710, this postcode represents a relatively accessible entry point into prime central London compared to neighbouring areas such as Mayfair or Knightsbridge. The area benefits from exceptional transport connectivity, being home to Paddington Station with its Elizabeth Line, Heathrow Express, and national rail services, making it particularly attractive to professionals and international buyers seeking convenience.

The property landscape here is characterised by a mix of purpose-built mansion blocks, converted Victorian and Edwardian houses, and modern developments. The average price point suggests a predominance of one and two-bedroom flats, which are popular with young professionals, investors, and pied-à-terre buyers. The ongoing regeneration around Paddington Basin and the continuing improvements to local infrastructure have supported steady demand, though like much of prime central London, prices have remained relatively stable in recent years rather than experiencing significant growth. The area's cosmopolitan character, proximity to Hyde Park, and excellent restaurants and amenities on nearby Praed Street and Westbourne Grove continue to underpin its enduring appeal.

AI-generated market summary · Updated 26 Jul 2026

Price Trends

Properties in W2 1PW

75 total
Apartment 807, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £580,000 Apartment 405, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £585,000 Apartment 801, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £645,000 Apartment 103, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £292,500 Apartment 107, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £330,000 Apartment 407, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £345,000 Apartment 608, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £522,500 Apartment 206, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £297,375 Apartment 309, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £324,500 Apartment 409, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £380,000 Apartment 508, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £517,500 Apartment 310, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £392,500 Apartment 304, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £459,000 Apartment 114, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £370,000 Apartment 410, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £338,750 Apartment 203, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £316,875 Apartment 113, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £435,000 Apartment 1, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £390,000 Apartment 408, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £305,000 Apartment 208, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £340,000 Apartment 305, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £575,000 Apartment 308, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £290,000 Apartment 406, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £302,250 Apartment 211, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £370,000 Apartment 204, Munkenbeck Building, 5, Hermitage Street, London, W2 1PW Flat / Maisonette £453,475

Frequently Asked Questions

What is the average house price in W2 1PW?

The average house price in W2 1PW, London is £526,710. Prices range from £195,000 to £2,500,000.

How many properties are in W2 1PW?

There are 75 properties in W2 1PW, London.

What types of properties are in W2 1PW?

W2 1PW contains 75 flat / maisonette properties.

How have house prices changed in W2 1PW?

Average house prices in W2 1PW have fallen by 56.1% from £443,923 in 2005 to £195,000 in 2025.

Where is W2 1PW located?

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