Stamp Duty on a St John's Wood Home
Stamp duty on the £1,550,000 St John's Wood benchmark price is £99,750 at standard rates. A first time buyer pays £99,750. A second property or buy to let pays £177,250 once the surcharge is added.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Stamp duty on the £1,550,000 St John's Wood benchmark price is £99,750 at standard rates. A first time buyer pays £99,750. A second property or buy to let pays £177,250 once the surcharge is added.
What you would pay in St John's Wood
On the £1,550,000 benchmark, standard residential stamp duty is £99,750. It is due within 14 days of completion.
First time buyer relief brings it to £99,750 at this price. At this price the relief makes no difference, because the property is above the ceiling where it applies.
Stamp duty at the St John's Wood benchmark
The commercial page for this town sets out the introduction itself: Mortgage advice in St John's Wood.
The surcharge that catches people out
If you will still own another residential property worth £40,000 or more anywhere in the world after you buy, the additional property surcharge usually applies. On the £1,550,000 benchmark that adds £77,500, taking the bill to £177,250.
It catches people mid move, when the old home has not sold. You can usually reclaim the surcharge if you sell the previous main residence within the time limit. Budget for it anyway.
Local prices sit above the first time buyer relief ceiling of £500,000, so relief will not help on a typical purchase here. That is a real disadvantage for first buyers in this area.
Where it sits in your cash pile
Stamp duty of £99,750 sits alongside a 10% deposit of £155,000 and legal and survey fees. Together that is roughly £257,250 before you own anything.
Rates are those in force from April 2025. Thresholds change with fiscal events, so confirm the current position on gov.uk before you exchange.
What else St John's Wood buyers are budgeting for
The schools families ask about here are St John's Wood Primary School, Harris Academy St John's Wood, Arnold House School, St Christina's School and The American School in London. 2 local schools were rated Good or Outstanding overall at their most recent graded Ofsted inspection. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: St John's Wood to Bond Street takes about 4 min.
By price, St John's Wood ranks 11 of the 320 London locations we cover, at £1,550,000 against a county average of £732,469. Band D council tax here is £1,048, against an average of £2,121 across the towns we cover in the county.
What that price buys in St John's Wood
St John's Wood is london's original villa suburb, leafy, low-density and prime.
The full local guide covers schools, transport and the market in detail: St John's Wood property and area guide.
| Budget | What it buys here |
|---|---|
| Around £750,000 to £1,100,000 | A one-bedroom flat in a mansion or purpose-built block, the realistic entry point, and the segment where lease length matters most. |
| Around £1,800,000 to £3,500,000 | A three- or four-bedroom lateral flat in a portered block, the classic relocating-family and downsizer purchase. |
| £5,000,000 and above | A semi-detached or detached villa on Hamilton Terrace, Elm Tree Road, Marlborough Place or Cavendish Avenue, rising well beyond £15,000,000 on Avenue Road. |
St John's Wood is known locally for Lord's Cricket Ground. Lord's, the home of cricket since 1814, the headquarters of the MCC, custodian of the Laws of the game, and home to the oldest sporting museum in the world.
Practical detail for St John's Wood: the NW8 postcode district, St John's Wood (Jubilee line, Zone 2), Bond Street ~4 min; Marylebone, Baker Street & Paddington (Elizabeth line, Heathrow Express) close by and nearest A and E is St Mary's Hospital, Paddington or the Royal Free, Hampstead, verify with NHS.
St John's Wood has history behind the price. In 12th c., The land belongs to the Knights of St John of Jerusalem, giving the district its name; it stays fields and woodland for centuries.
International & relocating families
People moving to London for work who want a recognised prime address, large portered flats or villas, and the American School in London, Arnold House or St Christina's within walking distance, noting the non-UK-resident SDLT surcharge and Westminster's 100% second-home premium.
Established families
People wanting genuine space, gardens and greenery inside Zone 2, with Regent's Park and Primrose Hill on the doorstep, Lord's and its nursery ground, and a working high street.
Downsizers
People trading a large house for a level, portered, lift-served flat where everything is walkable, with excellent healthcare access and the lowest council tax Band D in England, subject to checking the service charge and major-works position.
St John's Wood at a glance
| Purchase price | Standard rate |
|---|---|
| £930,000 | £36,750 |
| £1,240,000 | £67,750 |
| £1,550,000 | £99,750 |
| £1,940,000 | £146,550 |
| £2,325,000 | £192,750 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about St John's Wood
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- Stamp duty of £99,750 treated as cash, not borrowing
- Your first time buyer status confirmed in writing
- The surcharge checked if you own anything else
- Current rates verified on gov.uk before exchange
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in St John's Wood
Broadband speeds can vary street by street in St John's Wood, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much is stamp duty on a house in St John's Wood?
Do first time buyers pay stamp duty here?
What if I already own a property?
How do I check broadband speed at a property in St John's Wood?
Read next
Your home may be repossessed if you do not keep up repayments on your mortgage.