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VICTORIA – Area Guide and house price trends in Victoria

Check out sold and house price trends and best properties for rent and sale in Victoria.

Victoria is the main gateway to London for visitors flying into Gatwick Airport. The neighbourhood revolves around Victoria train station, London’s second busiest after Waterloo, with Victoria underground station just beneath the railway station.

leading east from Victoria station, Victoria Street is a wide street leading out of the district to Westminster Abbey and the Houses of Parliament less than a mile away. The area is functional, rather than memorable. There are lots of facilities and shops including pharmacies, many high end charity shops, bookstores and convenience food markets.

Victoria may be best known for its rail and coach stations, but the busy surrounding streets have their fair share of diversions. Some historic London hotels are here including the world renown Goring hotel known for its frequent regal visitors, joined by two leading West End theatres, and St James’s Park provides a serene green space for strolls and pelican spotting.

This central London neighbourhood is undergoing a total transformation, and it is reflected on the steady rise of the house prices in the area.

Over the past and continuing in the next few years a new Victoria has begun and will continue to emerge with big improvements to the cramped Underground station, including a new entrance in Victoria Street, and the unveiling of developer Land Securities’ Nova scheme on a five-acre island site.

Looking for a property in Victoria?

Explore today our selection of residential and commercial properties for sale and rental in Holborn.

Victoria Through History

From one of the world’s most famous buildings, Buckingham Palace, and the traditional changing of the Guards, to the birthplace of the Suffragette movement and the area that nurtured the talent of Mozart, SW1 has a rich history with equal parts political and cultural significance.

Long before Cardinal Place opposite the cathedral came into being, there was a huge brewery based at the western end of Victoria Street. From the early 17th century it started off as a small brewhouse with properties that once were part of St James’s Palace. This then substantially grew and was bought and owned by Watney & Co. They built lodgings around the brewery as well as amenities for their staff to use. By the end of the 19th century they were employing a sizeable number of staff. The brewery closed down in 1959 and was demolished. All that now remains of it is a street named Stag Place and a pub called the Stag.

Part of a slum, dubbed “Devil’s Acre” by Charles Dickens, was demolished to construct Victoria Street, which opened for use in 1851.

The Devil’s Acre was a notorious slum near Westminster Abbey in Victorian London. The Devil’s Acre was on and behind Old Pye Street, Great St Anne’s Lane, now St Ann’s Street and Duck Lane, now St Matthew Street in the parish of Westminster St Margaret and St John.

In the 19th century it was considered one of the worst areas of London — in 1850 Charles Dickens called it The Devil’s Acre in Household Words. In the same year the term slum was popularised by Cardinal Wiseman, based at Westminster Cathedral adjoining the area, when his description of it was widely quoted in the national press.



This once cold and soulless boulevard of faceless office blocks where civil servants streamed out at 6pm on the dot, leaving it silent and morbid, is now fast becoming a lively residential area of modern apartments, walkways, specialist foodie outlets and boutique shops. The comprehensive transformation of this 5.5 acre island site for Land Securities is the defining moment in the £2.2 billion reinvention of Victoria.


Two office and one residential building step down towards the lower historic fabric to the west and rise towards the east. The undulations of the external ripple across the façades, producing an effect of persistent oscillation as one crosses the site. At street level, the facade has been selectively pulled back to reveal storefronts and covered arcades.

Home to a host of acclaimed restaurants, bars and cafes from some of the food industry’s biggest talent, Victoria is increasingly becoming more and more recognised as London’s vibrant new food quarter. Nova/Food is a destination that brings together some of London’s most exciting eateries and recreational outlets. Two minutes from Victoria station, it’s a place for eclectic and inventive brands to showcase the newest trends on the haute cuisine scene. Housing more than 20 restaurants and leisure venues, including Hai Cenato, Bone Daddies, Shake Shack, Franco Manca, Aster and Flight Club, visitors have a diverse variety of dining options and activities set amongst stunning public realm.


A food hall in Victoria, with 11 kitchens, three bars and a roof terrace.

A food hall inside a handsome old building, Market Hall Victoria is not just in Victoria, but is smack-bang opposite the station. It’s got everything you could hope for: 11 kitchens, three bars. And that all-important roof terrace. Unsurprisingly, it’s also hugely popular: if you go in the evening, you’ll have to shout over all the music and noise.

As for the food, the specific line-up changes all the time, but the theme is one of high-quality drinking food: big-flavour carbs from some of the city’s best casual spots. Right now, that means dumplings, salt beef sarnies, noodles, kebabs and burgers, as well as pasta, tacos and curries. Plus all-day brunch (obvs), soft-serve ice cream and coffee.

What’s happening in the Victoria Market

Average property value today


How much have prices changed?

↑ 0.06%
last 12 months

↑ 5.81%

last 5 years
What’s the average price per square foot?
  £1,576 psf
What’s the average rental Yield?


Sales in the last 12 Months


Average Sales Price

Property type 1 bed 2 beds 3 beds 4 beds 5 beds
All £913,873 £1,718,313 £3,533,978 £2,810,000 £5,675,000
Houses £- £2,466,667 £3,247,000 £2,733,333 £5,675,000

Lettings in Victoria

Average Asking Price

£12,803 pcm per month

Average Rental Prices


Property type 1 bed 2 beds 3 beds 4 beds 5 beds
All £4,904 pcm £8,301 pcm £18,610 pcm £13,305 pcm £60,640 pcm
Houses £2,275 pcm £9,429 pcm £10,490 pcm £12,102 pcm £16,033 pcm

Public Transport

Tube Stations

  • Victoria Tube Station  (Zone 1)
    Victoria Line | Circle and District

Local Schools

Anyone moving to the luxurious surrounding neighbourhood of Kensington and Chelsea  knows that education is paramount to the success of their children, and a good education is a top priority. The area prides itself with exceptional schools, including also international ones.

St Peter’s Eaton Square CofE Primary School

Ofsted phase: Primary School | Type: Community

Age: 3-11 



Eaton House School Belgravia

Ofsted phase: Primary School | Type: Community
Age: 3-11



Francis Holland School

Ofsted phase: Secondary | Type: Private
Age: 4-18 



Holy Trinity CofE Primary School

Ofsted phase: Primary School | Type: Community
Age: 2-11



St Barnabas’ CofE Primary School

Ofsted phase: Primary School | Type: Voluntary Aided

Age: 2-11



Council Tax

Council Tax is worked out by your local council who sets the Council Tax rates for each year. Your property postcode will determine which council you will need to pay. There are currently 2 councils covering Holborn area.

Council tax rates for each Local Authority

Council A B C D E F G H
Camden £1,042 £1,215 £1,389 £1,563 £1,910 £2,257 £2,604 £3,125
Westminster £502 £586 £670 £753 £921 £1,088 £1,256 £1,507
English Averages £761 £888 £1,015 £1,142 £1,396 £1,650 £1,904 £2,285

How much will I have to pay?

Each year, every local authority will set a rate of council tax for each valuation band. The amount you have to pay depends on the value of your property and the current rates for your local council. Not everyone will have to pay the full amount of council tax. There are three ways in which your council tax bill may be reduced.

Reductions in council tax

  • Reduction scheme for disabled people
  • Discounts (i.e. If only one person lives in a property they will get a 25% discount on the council tax bill)
  • Council tax benefit and second adult rebate

Learn more about council tax at HM Revenue & Customs

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