← West London (W) · All London neighbourhoods
W2 is a postcode district in the W (West London) postcode area, covering 4.2 km². Prices, sales and comparisons below are for homes sold in the twelve months to July 2026, from HM Land Registry sales matched to their energy certificate.
In the twelve months to July 2026, homes sold in W2 (Paddington and Bayswater) went for a median £10,965 per square metre, -12.3% on the previous twelve months and -23.2% on five years earlier. The median price paid was £700,000, across 309 sales (497 in the twelve months before).
That is 22.8% above the median for the W postcode area (£8,927) and 72.3% above London as a whole (£6,364), ranking W2 14th of 219 London postcode districts by price per square metre and 5th of 15 in W. Closest in price across London: SW5 Earl's Court (£11,296) and NW8 St John's Wood (£10,862).
87% of the homes sold were flats or maisonettes and the median home sold had 69 m² of floor space. Flats sold for a median £621,750 and houses for £2,300,000.
Of the 8 districts bordering W2, 5 are dearer per square metre. The dearest is SW1X Knightsbridge at £19,949 and the cheapest NW1 Camden Town and Regent's Park at £9,680.
| Median £/m² | 12-month change | |
|---|---|---|
| W2 Paddington and Bayswater | £10,965 | -12.3% |
| West London (W) | £8,927 | -1.8% |
| London | £6,364 | -2.9% |
Each point is the median price per square metre of the homes sold in the twelve months to that month. Months with fewer than 30 sales in W2 are left blank.
| Period | 12 months to | Median £/m² | Change to latest |
|---|---|---|---|
| Latest | Jul 2026 | £10,965 | |
| One year earlier | Jul 2025 | £12,503 | -12.3% |
| Five years earlier | Jul 2021 | £14,271 | -23.2% |
| First in the series | Jan 1995 | £1,817 | +503.5% |
Land Registry sales in W2 matched to the home's energy certificate, the sales every figure on this page is computed from.
W2's Location Premium is +62.7%: in CityDataLab's factor model fitted to July 2026, an otherwise identical home (same size, type, age and energy rating) is priced 62.7% more per square metre in W2 than in a district at the average London district price level.
The model measures a district's location by its median price per m² over the previous twelve months, in standard deviations across London's postcode districts. W2 sits 1.39 standard deviations above the average district. The Location Premium is the part of a home's price per m² the model puts down to that location; the rest depends on the home itself and on the market as a whole. How each factor's Premium has moved · Price a home with the property calculator.
Districts that share a border with W2, dearest first.
| District | Median £/m², 12 months | 12-month change | Median price paid | Sales, 12 months | Vs W2 |
|---|---|---|---|---|---|
| SW1X Knightsbridge | £19,949 | +0.4% | £2,497,500 | 52 | +81.9% |
| W8 Kensington | £14,767 | -10.0% | £1,345,000 | 181 | +34.7% |
| SW7 South Kensington | £14,740 | -5.8% | £1,240,000 | 149 | +34.4% |
| W11 Notting Hill | £14,333 | -3.7% | £1,000,000 | 175 | +30.7% |
| W1H Marylebone | £13,187 | -13.0% | £1,075,000 | 49 | +20.3% |
| NW8 St John's Wood | £10,862 | -4.4% | £922,500 | 208 | -0.9% |
| W9 Maida Vale | £9,766 | -0.9% | £645,000 | 253 | -10.9% |
| NW1 Camden Town and Regent's Park | £9,680 | -3.7% | £648,875 | 266 | -11.7% |
Prices are HM Land Registry price paid data for homes sold in W2, each matched by address to its MHCLG energy performance certificate for the floor area. Price per m² is the price paid divided by that floor area; medians are taken over the twelve months to the month shown, and districts, their postcode area and London are always compared over the same twelve months. Sales without a matched certificate, and non-residential and "other" sales, are not counted. Neighbouring districts are those sharing a border on the postcode district maps by Wikipedia contributors (CC BY-SA 3.0). See how CityDataLab's factor model works.