St John's Wood or Marylebone: Which Is Better Value?
St John's Wood averages £1,550,000 against £1,500,000 in Marylebone, a gap of £50,000 or 3%. You would need £5,000 more deposit and about £263 a month more on a repayment mortgage at an assumed 5% over 25 years. Both charge the same Band D council tax.
St John's Wood averages £1,550,000 against £1,500,000 in Marylebone, a gap of £50,000 or 3%. You would need £5,000 more deposit and about £263 a month more on a repayment mortgage at an assumed 5% over 25 years. Both charge the same Band D council tax.
Price and deposit
The headline gap is £50,000, or 3%. On a 10% deposit that is £5,000 more cash to find before you start. Detached homes average £8,500,000 against £2,250,000.
St John's Wood against Marylebone
Town guides for each: Mortgage advice in St John's Wood and Mortgage advice in Marylebone.
Schools and families
Marylebone holds its own on schools, with 2 graded Outstanding at their last graded Ofsted inspection (before September 2024) against 0 in St John's Wood. Counting last graded Ofsted inspections (before September 2024), St John's Wood has 2 schools and Marylebone has 4 schools graded Good or better.
A strong catchment in the cheaper town can cost more than an average street in the dearer one. Compare catchments, not averages.
Running costs and getting to work
Both towns sit under the same authority, so Band D council tax is £1,048 either way.
The honest verdict
Marylebone is cheaper to buy on these figures. St John's Wood carries the higher price and, on this data, not the stronger school profile.
Neither is right in the abstract. If the deposit is your constraint, the £5,000 difference matters more than anything else here. If catchment is the constraint, price follows the school you need.
What each town is actually like
Price is one axis. These are the things people move for, and the things they find out afterwards.
St John's Wood
In its favour- London's original villa suburb, space, light and gardens
- Jubilee line: Bond Street ~4 min, Canary Wharf ~20 min
- Regent's Park and Primrose Hill on the doorstep
- Lord's, Abbey Road and a genuine high street
- Among the most expensive postcodes in Britain
- Most flats are leasehold; short leases cut value and lender choice
- Portered-block service charges often run to five figures a year
- Much freehold land is still Eyre Estate, with covenants and consents
Best for Families ★★★★★
The combination is genuinely rare: Regent's Park and Primrose Hill on the doorstep, Lord's and its nursery ground, the American School in London, Arnold House and St Christina's within walking distance, the newly amalgamated St John's Wood Primary and Harris Academy St John's Wood in the state sector, a real high street, and villa housing with actual gardens inside Zone 2.
Marylebone
In its favour- A genuine independent high street in the West End
- Six Underground lines plus the Elizabeth line
- Wallace Collection, Wigmore Hall and Regent's Park
- The lowest council tax Band D in England
- Prime central London prices, little value per square foot
- Almost everything is leasehold, much on estate leases
- Service charges in good blocks are substantial
- Lease extension is a real, and sometimes large, cost
Best for Professionals ★★★★★
You can walk to the West End, Mayfair and Fitzrovia, and Bond Street puts the Elizabeth line, Central and Jubilee lines at your feet, the City and Canary Wharf are a single direct ride, and Marylebone station serves the Chiltern corridor.
St John's Wood and Marylebone, side by side
| Measure | St John's Wood | Marylebone |
|---|---|---|
| Average property price | £1,550,000 | £1,500,000 |
| Average detached | £8,500,000 | £2,250,000 |
| 10% deposit | £155,000 | £150,000 |
| Illustrative monthly payment | £8,155 | £7,892 |
| Band D council tax | £1,048 | £1,048 |
| Outstanding rated schools | 0 | 2 |
| Good rated schools | 2 | 2 |
Local averages used for illustration. Confirm your own figures before acting.
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Questions people ask
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