— ACRERIGHT AREA REPORT · POSTCODE SECTOR
Home › Westminster › SW1P 3 · postcode sector
1,331 people · median £868,500 · Westminster
Westminster Council · Conservative-controlled 32/54 seats · 59% · OCD 2026
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What does it cost? This postcode sector
A typical home here sells for £868,500, down 7.7% over five years. That's about 16× local earnings — around the 20.2× five-year average.
Sold price history
2026 YTD · 5 sales
Median sold price · 12 months to May 2026£868,500
5-year change-7.7%
Full history since 1995
HM Land Registry Price Paid
By property type
Typical home price compared with annual local pay16× · five-year average 20.2×
HM Land Registry, 12 months
Resold at a loss from Westminster15%
Of the homes across Westminster that sold again within five years, 15% went for less than the owner paid. Lower is better. Better than London (18%).
By property type
Flats15%
New-build vs second-hand
Bought new24.9%
Bought second-hand13.8%
Overall
Typical resale gain+46.2% · ~13.3-yr hold
Same home sold twice within five years (5,835 resale pairs) across Westminster — the finest grain we hold repeat-sale outcomes at · HM Land Registry · cash terms, not inflation-adjusted
Home ownership28%
Households owning their home · ONS Census 2021
Council tax£1,048
Westminster City Council£538
Greater London Authority£511
Council tax bands A–H
Band A£699
Band B£815
Band C£932
Band D (baseline)£1,048
Band E£1,281
Band F£1,514
Band G£1,747
Band H£2,097
Full-year charge for every band, derived from Band D at the statutory ratios (A = 6/9 of Band D … H = 18/9). MHCLG 2026/27.
Pick your band — the breakdown recalculates · MHCLG 2026/27 · hand-curated each April
£10,794 per square metre
What this means ▾
The sold price divided by the home's recorded floor area, which makes differently-sized homes easier to compare. The median across districts Acreright covers is £3,803.
HM Land Registry + EPC floor areas
Prices by street in SW1P 3 12 streets — this postcode sector, broken down
| Street | Median price | Sales | 5-year change |
|---|---|---|---|
| Marsham Street | £611,500 | 337 | -12.2% |
| Millbank | £2,080,000 | 169 | — |
| Tufton Street | £590,375 | 102 | -0.3% |
| Great Smith Street | £275,500 | 58 | — |
| Great Peter Street | £720,000 | 41 | — |
| Smith Square | £877,275 | 40 | — |
| Little Smith Street | £373,250 | 16 | — |
| Gayfere Street | £1,377,750 | 16 | — |
Median & 5-year change use residential sales only (category-A, type D/S/T/F); the 5-year change compares the last 24 months vs the 24 months five years earlier. Each street’s sales recorded inside this area since 1995 — click a street → its full sold-price page · HM Land Registry Price Paid
Neighbourhood prices in Westminster how SW1P 3 compares · from Westminster
⌃ Fastest 5-yr growth: Millbank +11.5%
| Neighbourhood | Median price | 5-year change | Sales, 12m |
|---|---|---|---|
| Millbank | £780,000 | +11.5% | 202 |
| Maida Vale | £790,000 | +11.4% | 487 |
| St. John's Wood | £875,000 | +11.3% | 433 |
| Maida Hill | £570,000 | +9% | 193 |
| Knightsbridge | £3,050,000 | +1.7% | 78 |
Sorted by 5-year change — click a row → the map flies there; click the name → its full report · HM Land Registry, 12 months
Homes in SW1P 3 — sold prices
Filters
| Address | Type | Beds | EPC | Price | Date |
|---|---|---|---|---|---|
| Flat 40 Westminster Mansions Great Smith Street | Flat | 4+ | C | £1,320,000 | Jul 2026 |
| Apartment 509 Romney House 47 Marsham Street | Flat | 2 | D | £890,000 | Jun 2026 |
| Apartment 510 Romney House 47, Marsham Street | Flat | 3 | D | £780,000 | Apr 2026 |
| Flat 5 48 Tufton Street | Flat | 3 | C | £805,000 | Feb 2026 |
| Apartment 115 Romney House 47, Marsham Street | Flat | 4+ | C | £1,180,000 | Jan 2026 |
| Apartment 414 Romney House 47 Marsham Street | Flat | 3 | D | £725,000 | Jan 2026 |
| 1 Barton Street | Terraced | 4+ | D | £3,750,000 | Nov 2025 |
| Apartment 504 Romney House 47 Marsham Street | Flat | 3 | D | £780,000 | Nov 2025 |
| Flat 42 Westminster Mansions Great Smith Street | Flat | 1 | E | £472,000 | Oct 2025 |
| Apartment 409 Romney House 47, Marsham Street | Flat | 4+ | C | £1,100,000 | Oct 2025 |
22 sales in 12 months — showing 10 · Search & browse every home →
Type a street, address or postcode to narrow this list; clear to see the latest sales. Click any home → its full report (sale history, EPC, estimate). Beds inferred from floor area · HM Land Registry + EPC
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