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Postcode · London

Housing in SW1P 4LY

What the homes in SW1P 4LY are, who owns them, how many people share them and what they rent for.

Neighbourhood
Millbank
Council
Westminster
Region
London
Neighbourhood population
1,509 (2024)
Property types

What homes look like here

Most homes here are purpose-built flat (92%). Flats make up 99.3%, more than double the 22.2% across England.

SW1P 4LYEngland
Detached0%22.9%
Semi-detached0.1%31.5%
Terraced0.3%23%
Purpose-built flat92%17.1%
Flat in a converted or shared house0.7%3.5%
Flat in a commercial or converted building6.6%1.7%
Caravan or mobile home0.3%0.4%
Tenure

Owning vs renting

Across England, 61.3% of households own their home; the SW1P 4LY area is less than half that, at 25.1%. The private rented sector is well above the national picture, at 34.3% of households against 20.5%. 16% own outright and 9.2% with a mortgage.

SW1P 4LY
25%
34%
40%
England
  • Owned25.1%61.3%
  • Shared ownership0.1%1%
  • Private rented34.3%20.5%
  • Social rented40.3%17.1%
  • Lives rent free0.1%0.1%

Who owns, who rents from whom

SW1P 4LYEngland
Owned outright16%32.5%
With a mortgage or loan9.2%28.8%
From a private landlord or letting agent28.1%18.2%
Other private rented6.2%2.2%
From the council36.4%8.3%
From a housing association3.9%8.8%
Occupancy

How many people live in each home

The average home here has 2.1 people living in it. 41.3% of households are one person living alone, against 30.1% across England.

SW1P 4LYEngland
0%
20%
40%
60%
123456+
Households

Who lives together

The most common household is living alone, under 66, at 34.6%. 17.1% of households include dependent children.

SW1P 4LYEngland
Living alone, under 6634.6%17.3%
Living alone, 66 and over6.5%12.8%
Couple, no children14.6%16.8%
Couple with dependent children11%18.9%
Couple with grown-up children6.1%6.3%
Lone parent with dependent children6.1%6.9%
Lone parent with grown-up children6.6%4.2%
Family, all aged 66 and over1.8%9.2%
Sharers and other households12.8%7.7%
Rents

Private rents in Westminster

Average monthly rent for a new or renewed tenancy in Westminster, August 2026, −0.6% on a year earlier. Published by council, not by neighbourhood.

WestminsterEngland
All homes£3,196£1,459
One bedroom£2,548£1,195
Two bedrooms£3,305£1,335
Three bedrooms£3,895£1,489
Four or more£5,424£2,161
Detached£2,908£1,640
Semi-detached£2,921£1,449
Terraced£3,810£1,435
Flat or maisonette£2,957£1,444
About these figures

Census figures aren't published for single postcodes, so everything on this tab describes the neighbourhood SW1P 4LY sits in (Millbank): about 1,509 residents.

Source: Census 2021, Office for National Statistics. Population: ONS mid-year estimates. Open Government Licence v3.0. Rents: ONS Price Index of Private Rents.

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