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Greater London

Westminster
development finance.

Expert property development finance in Westminster, Greater London. Median price £790,000, 1,621 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£790k
Sales (12m)
1,621
YoY change
-12.2%
Aerial photography of London skyline during daytime

Westminster, Greater London

Property finance
in Westminster.

Westminster - central London super-prime market covering Pimlico, Victoria and St John's Wood with heritage-led conversions. With a median property price of £790,000 and 1,621 transactions in the last twelve months, Westminster represents a healthy market with prices down 12.2% year-on-year.

Semi-detached homes command a median of £4.6M while flats average £700,000, reflecting the breadth of Westminster's residential market. New-build activity is notable, with 11 new-build transactions recorded over the past year - a signal of active development demand.

Whether you need development finance for a ground-up scheme, bridging finance to secure a site at auction, or mezzanine finance to stretch your capital stack, our brokers arrange the full range of property finance across Westminster and the wider Greater London area. Each deal is structured around your specific project, with terms negotiated from our panel of over 100 lenders.

Live market data

Westminster
market snapshot.

HM Land Registry sold-price data for Westminster over the last twelve months, alongside the live local planning pipeline. Updated weekly.

Median price
£795,000
Sales (12m)
1,637
YoY change
-11.7%

Westminster development appraisal

Model the numbers
for your scheme.

Pre-populated with Westminster median prices and typical senior-debt pricing. Adjust the inputs to match your deal and we will hand the working assumptions through to the Deal Room.

Scheme Inputs

Pre-populated with Westminster median prices. Adjust to match your scheme.

£
£
£
%

Build cost pre-filled at £2,950/sqm (regional benchmark) for a 6-unit scheme. Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →

Capital Structure

Total Cost£21,454,200
Senior Debt (65% LTGDV)£18,888,350
Equity Required£2,565,850
Interest (18m)£2,124,939
Profit on Cost23.2%
Senior Debt£18,888,350
Equity£2,565,850

Land Registry data

Recent property sales
in Westminster.

1,621 residential transactions in the last twelve months. Median sold price £790,000 (-12.2% YoY). 11 new-build transactions with a +388.9% premium over existing stock.

Detached

£2,900,000

Semi-Detached

£4,612,500

Terraced

£2,000,000

Flat

£700,000

DateAddressTypePrice
22 May 2026FLAT G, 27 - 31, SUTHERLAND STREETSW1V 4JUFlat£520,000
22 May 2026FLAT 24, LANGLEY HOUSE, ALFRED ROADW2 5ETFlat£385,000
21 May 2026FLAT B, 40, HORMEAD ROADW9 3NQFlat£540,000
21 May 2026APARTMENT 43, 11, SHELDON SQUAREW2 6DQFlat£790,000
21 May 2026135, WELLESLEY COURT, MAIDA VALEW9 1RNFlat£365,500
20 May 202660A, WINCHESTER STREETSW1V 4NHFlat£650,000
18 May 2026FLAT 4C, 55, MARLBOROUGH HILLNW8 0NGFlat£990,000
18 May 2026FLAT 14, 68, VINCENT SQUARESW1P 2NUFlat£675,000
18 May 202661, LUXBOROUGH TOWER, LUXBOROUGH STREETW1U 5BNFlat£685,000
18 May 2026FLAT 22, GROVE COURT, 24, GROVE END ROADNW8 9ENFlat£530,000

Planning pipeline

Planning activity
in Westminster.

308 residential applications awaiting decision
·12 units in pipeline·£15.0M estimated GDV

Current Applications

RefProposalUnitsEst. GDVStatus
26/02897/LBC

Replacement of non-original sashes to windows at 1st , 2nd and 3rd floor rear an…

17 Cunningham Place London NW8 8JT

--Pending
26/02861/LBC

Various internal alterations including removal and reconfiguration of partitions…

Flat 3 82 New Cavendish Street London W1G 9TA

--Pending
26/02860/LBC

New internal signage throughout the Royal Opera House to support a new wayfindin…

Royal Opera House Covent Garden London WC2E 9DD

--Pending
26/02859/LBC

Insallation of one new pictorial panel to existing gibbet; Two sets of individua…

Public House Prince Regent 71 Marylebone High Street London W1U 5JN

--Pending
26/02856/LBC

Removal of existing roof-mounted plant and replacement with consolidated units s…

3 Belgrave Place London SW1X 8BU

--Pending

Source: HM Land Registry price paid data, 12 months to July 2026 · Westminster City Council planning register, retrieved July 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.

Common questions

Property finance in Westminster
— answered.

What is the average property price in Westminster?
The median property price in Westminster is £790,000, based on Land Registry transactions over the past 12 months. Broken down by type: semi-detached properties at £4.6M, detached homes at £2.9M, terraced houses at £2.0M, flats at £700,000.
Is Westminster a good area for property development?
Westminster recorded 1,621 property transactions in the last 12 months, with prices adjusting 12.2% year-on-year - creating potential value opportunities for developers. Central London super-prime market covering Pimlico, Victoria and St John's Wood with heritage-led conversions. Active transaction volumes indicate a liquid market where completed developments can achieve timely sales.
What types of property finance are available in Westminster?
We arrange the full range of property development finance in Westminster: development finance for ground-up schemes, bridging loans for auction purchases and chain breaks, mezzanine finance to stretch your capital stack, refurbishment finance for conversion projects, commercial mortgages for income-producing assets, equity and joint ventures for larger schemes, and development exit finance for completed projects awaiting sales.
How do I apply for development finance in Westminster?
Start by submitting your deal through our Deal Room with your project details - site address, purchase price, build costs, and expected end value. Our team will review your scheme, model the funding structure, and present you with terms from our panel of over 100 lenders within 48 hours. There's no upfront fee and no obligation until you choose to proceed.
What are typical development finance rates in Westminster?
Development finance rates for Westminster projects typically range from 7-11% per annum, depending on scheme size, developer experience, and leverage. For a scheme with a GDV of around £27.7M, you could expect senior debt at 60-70% of GDV with rates from 7.5%. Arrangement fees are usually 1-2% of the facility. We negotiate the best available terms from our lender panel for each deal.

Recent deals

Property finance deals
in Greater London.

Real schemes we have structured for developers in Greater London. Sanitised for confidentiality, anchored in actual terms issued.

Where we fund

Westminster,
Greater London.

Ready when you are

Tell us the deal.
We’ll recommend the structure.

Submit your development finance enquiry in Westminster and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.