Marylebone and Fitzrovia area guide


Postcodes:

NW1, NW8, W1

Boroughs:

Westminster

Underground:

Baker Street (Bakerloo, Circle, Hammersmith & City, Jubilee, Metropolitan)
Marylebone (Bakerloo)
Oxford Circus (Bakerloo, Central, Victoria)
Marble Arch (Central)

National Rail:

Euston, Marylebone, Paddington

Summary:

Marylebone, in the centre of London, is sandwiched between the busy shops of Oxford Circus and the green open spaces of Regent's Park. In the heart of the West End, this well-established area is jam packed with tourist sights, theatres, shops, restaurants, bars and city street entertainment. The commercial and professional world also call it home, with period properties long since taken over by offices and consulting rooms - Harley Street being one of its most famous addresses. Whilst all this activity takes up a good deal of space, there is still a surprising number of residential properties to be found and the area's regained status as a fashionable place to live has fast made W1 a property hot spot. Its neighbour, Fitzrovia, is far less assuming; it is home to the rag trade and has a bohemian flavour - prices here are the lowest you will find in W1.

Properties:

Most residents in Marylebone are flat dwellers, homes range from small studios to company extravagance, housed in red brick mansion block conversions, as well as 1930's and 1960's developments. There are individual houses, but they are few and far between. Elegant period houses converted into spacious apartments can be found around the busy high street and a number of mews homes sit prettily in quiet cobbled lanes. The area is still largely privately owned - lease length of any property affecting its price. In Fitzrovia, there is a mix of residential/commercial property, cheaper than can be found in Marylebone. Although the area is up-and-coming, it still offers some of the best value for money in W1.

Buyers:

The more wealthy professionals and internationals. Foreign executives and their families. W1 is home to many diplomats and embassy staff.

Sales Information:

The table below details the most recent sales information for this area, broken down by postcode, property type and average sale value.

Postcode Detached Semi-Det Terraced Flat / Mais Total /
Average
NW1 -
-
-
-
17 sales
£1,206,614
108 sales
£481,760
125 sales
£580,340
NW8 -
-
-
-
8 sales
£1,739,523
75 sales
£627,423
83 sales
£734,613
W1G -
-
-
-
-
-
9 sales
£764,866
9 sales
£764,866
W1H -
-
-
-
-
-
21 sales
£540,976
21 sales
£540,976
W1J -
-
-
-
-
-
6 sales
£657,500
6 sales
£657,500
W1K -
-
-
-
-
-
8 sales
£2,931,687
8 sales
£2,931,687
W1T -
-
-
-
3 sales
£736,666
4 sales
£556,250
7 sales
£633,571
W1U -
-
-
-
-
-
19 sales
£842,394
19 sales
£842,394
W1W -
-
-
-
-
-
6 sales
£489,566
6 sales
£489,566

Source acknowledgement: Information produced by Land Registry. © Crown copyright material reproduced with the permission of Land Registry. This material was last updated on 17th Nov 2008. It covers the period from Jul 2008 to Sep 2008. Restricted Use. Users of this product must not copy, distribute, sell or publish any of the Crown copyright material without the formal permission of Land Registry. If you think any of the above information is incorrect please click here to notify the Land Registry.

sample properties...

£485,000 - Flat, 2 bedrooms - Chelsea, Central

Price: £485,000
Bedrooms: 2
Area: Chelsea
Type: Flat

Notes: Charming two bedroom apartment with patio now in need of some modernisation
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£315,000 - Terrace, 2 bedrooms - Raynes Park, South West

Price: £315,000
Bedrooms: 2
Area: Raynes Park
Type: Terrace

Notes: Edwardian two double bedroom house providing an excellent opportunity to update and modernise
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