City of Westminster: the market in figures
Behind only Kensington and Chelsea, Westminster takes 2nd place nationally out of 135, and 2nd again among London's 13. At £887,206 it stands 60% beyond London's £554,430 and 224.9% beyond the UK's £273,037.
Its story is of a long slide. The price peaked in 2021 at £1,178,953, after a rise of 13.6% that year, and has fallen in each year since: 3%, 2.1%, 3%, 4.7% and now 14.3% over twelve months, against 2.2% for London. The current value is the lowest of the series, below the £957,502 of 2019 and the £1,049,018 of 2016. Across the decade that amounts to a loss of 15.4%, or £161,812. No other area among its five neighbours has fallen by as much in a single year.
Looking at types, a detached house averages £3,935,497 and a semi-detached home £2,810,593. Terraced homes come to £1,641,592 and flats to £784,694. The spread between a flat and a detached house is £3,150,803, or 401.5%. Those buying a first home average £791,770, 10.8% below the all-buyer level.
First-time relief is not in play at this price, so the Stamp Duty Land Tax bill is £34,360 for a standard purchase and for a first-time buyer alike, which is 3.9% of the price. An additional property owes £78,721. HM Land Registry charges £295.
Kensington and Chelsea (£1,204,072) is the single neighbour above Westminster, by 35.7%. Camden (£798,486) is 10% lower, Hammersmith and Fulham (£754,825) 14.9% lower, Wandsworth (£694,210) 21.8% lower and Lambeth (£540,198) 39.1% lower. All five fell over twelve months, by between 5.1% in Hammersmith and Fulham and 14.3% in Westminster itself, which makes Westminster the steepest faller of the group.
A count of 1,896 sales covers June 2025 to May 2026, a modest figure that goes with the high price level. For a reader following the fall, that count is large enough to make the drop of 14.3% more than the effect of a few unusual deals.
Payotte, from the UK HPI and the calculator.
Property professionals in City of Westminster
One firm per trade, selected by Payotte on public data (1 of 5 trades filled in City of Westminster). Companies, never individuals, with a regulator or register you can check with the official body.
| Trade | Firm | Google rating | Reviews | Score /100 | Status | Listing |
|---|---|---|---|---|---|---|
| Estate agent | Vacant | — | — | — | — | — |
| Mortgage adviser | Vacant | — | — | — | — | — |
| Conveyancer | William Sturges LLP Solicitors | 4.7 | 94 | 74 | Selected | View |
| Surveyor | Vacant | — | — | — | — | — |
| Valuer | Vacant | — | — | — | — | — |
One firm per trade and per area, chosen on public data and scored out of 100 points — Google reviews (35), age of the company (30), checkable regulator or register (15), local anchoring (15), bonus (5). The ranking is never paid for. No firm can buy its place or its recommendation. How Payotte ranks firms
Calculate for City of Westminster
Frequently asked questions
What is the average house price in City of Westminster?
The average price of a home in City of Westminster was £887,206 in August 2026, -14.3% over twelve months (UK House Price Index).
Have house prices gone up in City of Westminster?
The average price in City of Westminster went from £1,049,018 in August 2016 to £887,206 in August 2026, a change of -15.4%; -14.3% over the last twelve months (UK House Price Index).
How much Stamp Duty Land Tax on an average-priced home in City of Westminster?
On £887,206, Stamp Duty Land Tax (SDLT) comes to £34,360 for a home mover, £34,360 for a first-time buyer and £78,721 for an additional property, at the rates in force in England.
How much tax when you sell a home in City of Westminster?
None on your main home if it was your only home, lived in for all the time you owned it, not let out and not used exclusively for business (Private Residence Relief). A second home or a buy-to-let pays Capital Gains Tax above the £3,000 allowance (2026 to 2027; rates in the calculator above). The tax is reported and paid within 60 days of completion (HMRC).
Is City of Westminster expensive?
City of Westminster ranks 2nd of the 135 areas Payotte covers for the average price in August 2026, from £1,204,072 in Kensington and Chelsea to £133,782 in City of Aberdeen.
Prices by property type, August 2026
| Type | Average price | London |
|---|---|---|
| Detached | £3,935,497 | £1,164,439 |
| Semi-detached | £2,810,593 | £730,580 |
| Terraced | £1,641,592 | £648,650 |
| Flat or maisonette | £784,694 | £427,310 |
| All types | £887,206 | £554,430 |
| First-time buyers | £791,770 | £473,051 |
The UK HPI is a mix-adjusted average (a hedonic model), not the price of the homes sold in the month. Northern Ireland figures are quarterly.
The trend, August of each year
| Year | Average price | Change on the year before |
|---|---|---|
| 2016 | £1,049,018 | — |
| 2017 | £1,100,913 | +4.9% |
| 2018 | £1,044,328 | -5.1% |
| 2019 | £957,502 | -8.3% |
| 2020 | £1,037,669 | +8.4% |
| 2021 | £1,178,953 | +13.6% |
| 2022 | £1,143,826 | -3% |
| 2023 | £1,119,681 | -2.1% |
| 2024 | £1,085,770 | -3% |
| 2025 | £1,035,221 | -4.7% |
| 2026 | £887,206 | -14.3% |
Sources
- Prices and sales: UK House Price Index, file UK-HPI-full-file-2026-08.csv. Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.
- Purchase tax: rates and sources of the calculator (HMRC).
- Tax when you sell: Capital Gains Tax rates, Tax when you sell your home and Report and pay your Capital Gains Tax (GOV.UK, HMRC).