Housing prices in Westminster

In Westminster:

We regularly revise our house prices estimates. UK-level rent estimates for the latest two months, and all house price data, are provisional and subject to revision.

Figures in this article are not seasonally adjusted.

You may also be interested in our recent analysis of which local areas of England and Wales have been most and least exposed to rising mortgage and rent costs during 2023.

Average house price in Westminster was £913,000 in January 2026

The provisional average house price in Westminster in January 2026 was £913,000. This was lower than the average of £1,023,000 in January 2025 (revised), a 10.8% fall.

Across London, the average house price in January 2026 was £554,000, which was slightly less than a year earlier (£564,000).

This meant that, in January 2026, Westminster had the second highest average house price in London.

Across the UK, a home sold for an average of £268,000 in January 2026, which was up slightly from the January 2025 average of £265,000.

In the year to January 2026, the average price for semi-detached properties in Westminster fell by 5.2%, while the average price for flats decreased by 11.3%.

For each property type, average prices as of January 2026 in Westminster were:

• Detached properties: £3,847,000
• Semi-detached properties: £2,781,000
• Terraced properties: £1,656,000
• Flats and maisonettes: £810,000

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Average private rents fell in Westminster

The average monthly private rent in Westminster was £3,138 in February 2026. This was a decrease from £3,289 in February 2025, a 4.6% fall.

Across London, the average monthly rent was £2,273, up slightly from £2,235 a year earlier.

Across the UK, the average rent price in February 2026 was £1,374, which was up from £1,327 in February 2025.

In Westminster, the average rent for flats or maisonettes fell by 4.5%, while for terraced properties, it decreased by 4.9%.

Average rent for one bed properties fell by 4.1%, while the average for four-or-more bed properties decreased by 5.5%.

By how many bedrooms there are in a property, average rents as of February 2026 in Westminster were:

• One bedroom: £2,493
• Two bedrooms: £3,238
• Three bedrooms: £3,818
• Four or more bedrooms: £5,359

Taking the data instead by property type, average rents were:

• Flats and maisonettes: £2,901
• Terraced properties: £3,748
• Semi-detached properties: £2,868
• Detached properties: £2,856

We also publish private rental affordability for local areas in England and Wales, comparing rents to household incomes.

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First-time buyers in Westminster paid £818,000 on average in January 2026

The provisional average price paid by first-time buyers was £818,000 in January 2026. This was lower than the revised January 2025 average of £919,000.

In comparison, home-movers in Westminster paid an average of £1,081,000 in January 2026. This was lower than £1,206,000 a year earlier.

In January 2026, the average price was £698,000 in London and £330,000 in Great Britain.

We do not produce figures for first-time buyer prices by type of property. Average house prices by property type for price paid data are available above.

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Average house price for mortgage buyers fell in Westminster

The average price of a home bought with a mortgage in Westminster was £893,000 in January 2026 (provisional). This was lower than an average of £1,000,000 in January 2025 (revised).

Across London, the average price of a home bought with a mortgage was £547,000, down slightly from £555,000 a year earlier.

Across Great Britain, the average price for buying with a mortage in January 2026 was £277,000, which was up slightly from an average of £274,000 in January 2025.

Our mortgage calculator shows how monthly repayments are changing at local area level, based on the latest house prices and interest rates.

For cash buyers in Westminster, the average was £944,000 in January 2026 (provisional), which was down from a revised figure of £1,059,000 a year earlier.

In January 2026, the average was £589,000 in London and £255,000 in Great Britain.

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More data about Westminster

Explore more local data for Westminster.

More data on the housing market

This article is regularly updated with the most recent rents and house prices information. The full time series for rental prices can be found in our associated data releases. The full time series for house prices can be found in the UK House Price Index reports on gov.uk.

You can also read our most recent Private rent and house prices bulletin.

The methods used to produce the rental prices can be found in the Price Index of Private Rents Quality and Methodology Information. The methods used to produce the house prices can be found in the House Price Index Quality and Methodology Information.

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About this article

The content in this article is generated using semi-automated journalism, based on rules pre-programmed by Office for National Statistics (ONS) staff.

This is a new product in Beta release, intended to improve the accessibility of housing market data at local level. Send us feedback about this page or contact the Housing Market Indices team by emailing hpi@ons.gov.uk.

Articles are not available for Isles of Scilly and City of London, as the survey samples of the resident population are too small.