W2, London house prices & rental yield

Postcode district in London, part of the W postcode area

Likely student area · 1.5km from Royal College of Art

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Looking for a property valuation in W2? The average asking price above is a guide for the area as a whole, not a valuation of your specific property — a local estate agent or RICS surveyor can give you an accurate figure for that.

Average asking price
£1.00m
UK avg £340k
Average rent (pcm)
£5,200
UK avg £1,275
Gross rental yield
6.2%
39% above UK avg
Net yield (estimated)
4.7%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
2073
1913% above UK avg
Short-term let activity (Westminster)
#2 of 318

Summary

W2 has a gross rental yield of 6.2%, 39% above the UK average, ranking #6 of 24 W postcode districts by yield.

Gross yield trend

+0.0pp since Jul
Jul: 3.6% 3.6% Jul Aug: 3.8% 3.8% Aug Sep: 3.8% 3.8% Sep Oct: 3.6% 3.6% Oct

Buy-to-let calculator

Stamp Duty (SDLT)—
Deposit required—
Mortgage payment (monthly)—
Letting agent fee (monthly)—
Est. net monthly cashflow—

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

W2 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £600k £2,150 4.3% 10 / 67
1 £675k £3,250 5.8% 183 / 186
2 £950k £5,308 6.7% 337 / 235
3 £1.50m £7,150 5.7% 179 / 239
4 £3.25m £11k 4.2% 95 / 54
5+ £5.00m £15k 3.6% 58 / 15

Nearby W postcode districts, by yield

DistrictAvg buyAvg rentYield
W1B £1.44m £14k 11.3% Compare
W1G £1.43m £12k 9.8% Compare
W8 £1.78m £12k 8.1% Compare
W1D £850k £5,417 7.6% Compare
W1T £995k £5,250 6.3% Compare
W1W £1.48m £6,998 5.7% Compare
W3 £500k £2,250 5.4% Compare
W7 £550k £2,400 5.2% Compare
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