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Market Report

Welcome To Hell Auction Results

Updated August 2026
Title
Welcome To Hell
Year
2004
Medium
Screenprint in colors on wove paper
Sheet
50×35 cm (19 1/2 x 13 1/2 inches)
Printer & Publisher
Pictures on Walls, London
Editions
75 signed · 175 unsigned — some in red, some in pink (exact counts not specified)
Series
Placard Rats (with Because I'm Worthless and Get Out While You Can)
The print
Welcome To Hell

Key market statistics

Welcome To Hell (unsigned)
14 transactions since 2018
Most recent sale
£15,000
Jun 2026 · Tate Ward Auctions · 117/175
2026 median price
£15,000
over 1 qualifying sale
2025 median price
£10,795
over 1 qualifying sale
2025–2026 performance
+39%
change between the two published medians
Peak price
£48,500
Dec 2020 · Phillips Hong-Kong
Value retention
31%
most recent sale as a share of the peak price
Welcome To Hell (signed)
12 transactions since 2018
Most recent sale
£29,575
Oct 2024 · Sotheby’s New-York · 48/75
2024 median price
£29,575
over 1 qualifying sale
2023 median price
£53,150
over 2 qualifying sales
2023–2024 performance
−44%
change between the two published medians
Peak price
£148,740
Dec 2020 · Forum Auctions
Value retention
20%
most recent sale as a share of the peak price

Market charts

Welcome To Hell (unsigned) — median price and lots sold
Qualifying sales by year since 2018. Bars: median price. Line: number of lots sold.
£00£13k1£25k2£38k3£50k4£18,75032019£48,50012020£35,0003202102022£17,40012023£14,30042024£10,79512025£15,00012026MedianLots
Medians are computed on qualifying sales only — artist's proofs, colourways and other exceptional variants are excluded. A year with no bar had no qualifying sale.
Welcome To Hell (unsigned) — price dispersion
Every qualifying sale since 2018, one dot per lot.
£0£13k£25k£38k£50k20192020202120222023202420252026Price
Where several lots sold at the same price, the dots are spread sideways so none is hidden behind another.
Welcome To Hell (signed) — median price and lots sold
Qualifying sales by year since 2018. Bars: median price. Line: number of lots sold.
£00£24k1£48k2£71k2£95k3£33,76022019£63,00032020£93,80032021£94,50012022£53,15022023£29,57512024MedianLots
Medians are computed on qualifying sales only — artist's proofs, colourways and other exceptional variants are excluded. A year with no bar had no qualifying sale.
Welcome To Hell (signed) — price dispersion
Every qualifying sale since 2018, one dot per lot.
£0£38k£75k£113k£150k201920202021202220232024Price
Where several lots sold at the same price, the dots are spread sideways so none is hidden behind another.

Upcoming Lots

Welcome To Hell, 2004

Upcoming
Tate Ward Auctions, UK · 16 September 2026
Banksy
Welcome To Hell, 2004
numbered 175/175
MAIN RED
Unsigned
Tate Ward Auctions
16 September 2026
Est. GBP 12,000 – 16,000
Bid now
Most recent result — regular edition, unsigned
Tate Ward Auctions · 24 June 2026GBP 15,000 / USD 20,095

Welcome To Hell (unsigned)

2026 Auction Results

Tate Ward Auctions — 24 June 2026
Tate Ward Auctions117/175
24 June 2026
UK
Est. GBP 8,000 – 12,000
GBP 15,000
USD 20,095

2025 Auction Results

Sotheby’s London — 1 August 2025
Sotheby’s London155/175
1 August 2025
UK
Est. GBP 8,000 – 12,000
GBP 10,795
USD 14,255

2024 Auction Results

Forum Auctions — 4 December 2024
Forum AuctionsXXX/175
4 December 2024
UK
Est. GBP 8,000 – 12,000
GBP 11,000 (Hammer)
GBP 12,060
USD 15,655
Forum Auctions — 29 October 2024
Forum AuctionsXXX/175
29 October 2024
UK
Est. GBP 12,000 – 15,000
GBP 11,000 (Hammer)
GBP 14,740
USD 19,135
Christie’s online — 1 October 2024
Christie’s online115/175
1 October 2024
UK
Est. GBP 12,000 – 18,000
GBP 13,860
USD 18,435
Christie’s online — 26 March 2024
Christie’s online85/175
26 March 2024
UK
Est. GBP 15,000 – 20,000
GBP 15,120
USD 19,175

2023 Auction Results

Tate Ward Auctions — 29 March 2023
Tate Ward Auctions175/175
29 March 2023
UK
Est. GBP 18,000 – 22,000
GBP 17,400
USD 21,420

2021 Auction Results

Mallams — 8 December 2021
Mallams91/175
8 December 2021
UK
Est. GBP 25,000 – 35,000
GBP 25,000 (Hammer)
GBP 31,750
USD 42,000
Tate Ward Auctions — 29 September 2021
Tate Ward AuctionsXXX/175
29 September 2021
UK
Est. GBP 20,000 – 30,000
GBP 35,000
USD 48,650
Forum Auctions — 23 April 2021
Forum AuctionsXXX/175
23 April 2021
UK
Est. GBP 40,000 – 60,000
GBP 33,000 (Hammer)
GBP 44,220
USD 61,466

2020 Auction Results

Phillips Hong-Kong — 4 December 2020
Phillips Hong-Kong133/175Auction Record
4 December 2020
Hong-kong
Est. HKD 100,000 – 150,000
HKD 504,000
GBP 48,500
USD 65,000

2019 Auction Results

Forum Auctions — 11 December 2019
Forum AuctionsXXX/175
11 December 2019
UK
Est. GBP 10,000 – 15,000
GBP 15,000 (Hammer)
GBP 20,100
USD 26,480
Christie's online — 24 September 2019
Christie's online171/175
24 September 2019
UK
Est. GBP 10,000 – 15,000
GBP 16,250
USD 20,270
Sotheby's London — 19 September 2019
Sotheby's London68/175
19 September 2019
UK
Est. GBP 5,000 – 7,000
GBP 18,750
USD 23,395

Prior Years Auction Results

Artnet Auctions — 30 August 2017
Artnet Auctions146/175
30 August 2017
USA
USD 12,000
GBP 9,285
USD 12,000
Forum Auctions — 12 October 2016
Forum Auctions133/175
12 October 2016
UK
GBP 7,000 (Hammer)
GBP 8,750
USD 10,672

Welcome To Hell (signed)

2024 Auction Results

Sotheby’s New-York — 22 October 2024
Sotheby’s New-York48/75
22 October 2024
USA
Est. USD 40,000 – 60,000
USD 38,400
GBP 29,575
USD 38,400

2023 Auction Results

Tate Ward Auctions — 29 March 2023
Tate Ward Auctions22/75
29 March 2023
UK
Est. GBP 40,000 – 60,000
GBP 46,000
USD 56,630
Forum Auctions — 22 February 2023
Forum AuctionsXX/75 DN
22 February 2023
UK
Est. GBP 50,000 – 70,000
GBP 45,000 (Hammer)
GBP 60,300
USD 74,170

2022 Auction Results

Sotheby’s — 26 April 2022
Sotheby’s49/75
26 April 2022
UK
Est. GBP 40,000 – 60,000
GBP 94,500
USD 119,070

2021 Auction Results

Sotheby’s London — 26 May 2021
Sotheby’s London61/75
26 May 2021
UK
Est. GBP 50,000 – 70,000
GBP 63,000
USD 89,400
Forum Auctions — 23 April 2021
Forum Auctions48/75
23 April 2021
UK
Est. GBP 75,000 – 100,000
GBP 70,000 (Hammer)
GBP 93,800
USD 130,382
Bonhams London — 25 February 2021
Bonhams London25/75
25 February 2021
UK
Est. GBP 40,000 – 60,000
GBP 94,000
USD 132,710

2020 Auction Results

Phillips London — 15 December 2020
Phillips London60/75
15 December 2020
UK
Est. GBP 40,000 – 60,000
GBP 63,000
USD 92,400
Forum Auctions — 7 December 2020
Forum AuctionsXX/75 DNAuction Record
7 December 2020
UK
Est. GBP 60,000 – 80,000
GBP 111,000 (Hammer)
GBP 148,740
USD 199,310
Sotheby’s online — 18 September 2020
Sotheby’s online42/75
18 September 2020
UK
Est. GBP 20,000 – 30,000
GBP 63,000
USD 83,160

2019 Auction Results

Sotheby's London — 19 September 2019
Sotheby's London30/75
19 September 2019
UK
Est. GBP 18,000 – 22,000
GBP 30,000
USD 37,435
Forum Auctions — 27 March 2019
Forum AuctionsXX/75
27 March 2019
UK
Est. GBP 25,000 – 35,000
GBP 28,000 (Hammer)
GBP 37,520
USD 49,545

Prior Years Auction Results

Forum Auctions — 12 October 2016
Forum Auctions39/75
12 October 2016
UK
GBP 19,500 (Hammer)
GBP 24,375
USD 29,729
Bonhams LA — 29 October 2012
Bonhams LA35/75
29 October 2012
USA
USD 7,500
GBP 4,680
USD 7,500
Dreweatts — 3 March 2011
Dreweatts29/75
3 March 2011
UK
GBP 4,560
USD 7,415
Bonhams London — 16 April 2008
Bonhams London50/75
16 April 2008
UK
GBP 4,320
USD 8,475
Dreweatts — 19 March 2008
Dreweatts32/75
19 March 2008
UK
GBP 4,200 (Hammer)
GBP 5,630
USD 11,305

Prices are inclusive of buyer’s premium unless stated otherwise, as reported by the auction houses. “DN” stands for “Duplicate Number”.

Prices are hammer plus premium, in GBP, not adjusted for inflation. Only standard editions are included: artist’s proofs, special proofs, colorways and other exceptional variants are excluded, and signed and unsigned impressions are never combined. Medians are preferred to averages, which exceptional results distort. Figures are drawn from sales documented by Banksy Explained and are not an exhaustive record of the market. Compiled 14 September 2026.

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