A more affordable alternative to Belgravia but still a posh neighbourhood

Area Guide For Pimlico

Pimlico has gained popularity rather recently compared to its wealthier neighbour Belgravia. The neighbourhood is just north of the River Thames and is surrounding by affluent areas like Chelsea and Westminster. Large terraces are characteristic of the property market and the area is favoured by wealthy families.



Affluent – Terraces – Parks – Riverside – Family Friendly – Transport


  • The Neighbors

    Mainly large terraces and houses converted into flats.

  • Ideal for

    Wealthy families and professionals.

  • Deal Sealer

    Riverside, garden squares and parks.

  • Not for

    People looking for affordable family homes.

  • You will Like

    Shopping and restaurants.

Pimlico Map

Estimated Price: £1,694,726
Average Asking Price: £2,514,955
Price change in last one year: £206,238
Average Price Paid: £1,233,558
Average Rent Rates: £4,796


Property Prices Breakdown in Pimlico

Average Price for property in Pimlico is around £1,694,726 which varies based on type of property you are interested in and ranges from £5,430,959 for detached house to around £3,107,572 for semi-detached. Similarly terraced house is around £4,043,651 and a flat is worth £1,218,503. Values have been changing and have risen £9,050 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,976 in last 6 months, £206,238 in last 1 year, £340,727 in last 2 years, £471,816 in last 3 years, £531,523 in last 4 years and £530,601 in last 5 years.

Currently average asking price of a property in Pimlico is around £2,514,955 based on approximately 354 properties for sale. Same is the case with rental options based on 854 properties up for rent, average asking rent is around £4,796 per month.

Estimated property value in Pimlico is £1,694,726. Average asking price is £2,514,955 while average price paid is £1,608,400 which is up by £206,238 and Avg. asking rent £4,796.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Pimlico area. In last 1 year alone average price buyer paid is around £1,608,400 based on approximately 354 sales in Pimlico area alone. If you compare it to last 3 years sales of 1,494 properties where buyers paid around £1,447,801. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £1,233,558 for 2,610 and average amount paid for purchase of approx. 3,372 properties sold in last 7 years comes to about £1,165,377 per sale.


Properties For Sale in Pimlico


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £390,000, £1,400,000 for a 2 bedroom house, £4,332,912 for a 3 bedroom house, £3,085,000 for a 4 bedroom house and £10,027,917 for a 5 bedroom house. For a flat similarly the prices varies from £955,713 for a single bedroom to £1,586,326 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £2,852,709, £6,065,000 for a 4 bedroom flat and £14,216,667 for a 5 bedroom flat. To sum up the asking prices for properties in Pimlico it comes to around average £948,978 for 1 bedroom property, £1,579,425 for 2 bedroom, £3,117,820 for 3 bedroom, £4,202,500 for 4 bedroom and £10,865,667 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £4,955 for 1 bedroom to £5,029 for 2 bedrooms, £6,490 for 3 bedrooms, £9,367 for 4 bedrooms and £19,256 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £3,208. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £4,968, £7,260 for 3 bedroom, £11,964 for 4 bedroom and around £21,450 for 5 bedroom flat. You should be generally be expecting around average £3,261 rent per month for single bedroom property, £4,973 for 2 bedroom, £7,023 for 3 bedroom, £10,406 for 4 bedroom and approximately £19,500 for a 5 bedroom property in Pimlico area.

Popular Houses in Pimlico

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in Pimlico

Sum it all up

 The Good

-Fantastic Terraces
-Riverside setting
 -Good schools
-Good transport links
-Garden Squares and Parks

 Best For

-Wealthy Families

 The Bad

-Expensive housing
-Nightlife is not very active

Transportation in Pimlico

Browse by Streets in Pimlico