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House Prices in NW2

The average house price in NW2 (London) is £748,653 using HM Land Registry data.

The average property price increased by £124,511 (21.68%) over the last 5 years and increased by £24,948 (3.37%) over the last 12 months.

Over the last year, there were 250 residential property sales – a decrease of 152 transactions (-60.80%) relative to the previous year. The majority of house sales (79) were in the £310,000 - £488,000 range. Then came properties in the £488,000 - £666,000 range, where 57 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-56,142 (-6%).

In Oct 24, there were new estate agency instructions, agreed home sales and property price reductions.

5-Year Average Property Prices in NW2 (London)

21.68%

Property prices in London increased by 21.68% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NW2 (London) Over the Last Year

3.37%

Property prices in London increased by 3.37% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for NW2 (London) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NW2 (London)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NW2 (London)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NW2 (London)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NW2 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NW2 postcode area since 1995.

Recent Sales in NW2 (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
71 Clitterhouse Crescent, London, Greater London, NW2 1DB	£500,000	£493,000	-£7,000	25 Mar 2024	16 Aug 2024	144 Days
Flat 6, Hocroft Court, Hendon Way, London, Greater London, NW2 2LU	£549,950	£547,500	-£2,450	16 May 2024	09 Aug 2024	85 Days
2 Gay Close, London, Greater London, NW2 4PR	£650,000	£625,000	-£25,000	27 Feb 2024	02 Aug 2024	157 Days
64 Sarre Road, London, Greater London, NW2 3SL	£1,250,000	£1,200,000	-£50,000	11 Mar 2024	31 Jul 2024	142 Days
5 Orchard Close, London, Greater London, NW2 6JF	£1,495,000	£1,200,000	-£295,000	18 Jan 2018	29 Jul 2024	2384 Days
36 Villiers Road, London, Greater London, NW2 5PH	£925,000	£342,500	-£582,500	15 Jun 2023	19 Jul 2024	400 Days
Flat 136, Ashford Court, Ashford Road, London, Greater London, NW2 6BT	£250,000	£250,000	£00	06 Nov 2023	19 Jul 2024	256 Days
83 Hendon Way, London, Greater London, NW2 2LY	£850,000	£810,000	-£40,000	26 Mar 2024	10 Jul 2024	106 Days
64 Crewys Road, London, Greater London, NW2 2AD	£850,000	£820,000	-£30,000	21 Sep 2023	21 Jun 2024	274 Days
135 Cumbrian Gardens, London, Greater London, NW2 1EJ	£700,000	£700,000	£00	09 Nov 2023	20 Jun 2024	224 Days
21 Kingweston Close, London, Greater London, NW2 1UU	£357,000	£350,000	-£7,000	26 Jan 2024	31 May 2024	126 Days
64 Mora Road, London, Greater London, NW2 6TE	£775,000	£750,000	-£25,000	21 Apr 2023	20 May 2024	395 Days
121 Cheviot Gardens, London, Greater London, NW2 1QB	£930,000	£930,000	£00	30 Jan 2024	13 May 2024	104 Days
40 Staverton Road, London, Greater London, NW2 5HL	£1,799,950	£1,750,000	-£49,950	29 Aug 2023	10 May 2024	255 Days
13 Pattison Road, London, Greater London, NW2 2HL	£1,000,000	£950,000	-£50,000	14 Sep 2023	08 May 2024	237 Days
10 Lyndale Avenue, London, Greater London, NW2 2PY	£2,750,000	£2,590,000	-£160,000	16 Jan 2024	03 May 2024	108 Days
193b, Melrose Avenue, London, Greater London, NW2 4NA	£550,000	£535,000	-£15,000	13 Sep 2023	01 May 2024	231 Days
151 Randall Avenue, London, Greater London, NW2 7TA	£650,000	£620,000	-£30,000	02 Oct 2023	26 Apr 2024	207 Days
55 Cleveland Gardens, London, Greater London, NW2 1DX	£640,000	£595,000	-£45,000	12 Sep 2023	18 Apr 2024	219 Days
120 Melrose Avenue, London, Greater London, NW2 4JX	£1,200,000	£1,070,000	-£130,000	13 Jul 2023	10 Apr 2024	272 Days

Most Expensive Streets in NW2 (London)

Postcode	Street	Area	Average	No. of Sales
NW2 2PY	Lyndale Avenue	London	£2,488,333	3
NW2 4HB	Dartmouth Road	London	£2,440,000	3
NW2 2QB	Lyndale Avenue	London	£2,256,525	4
NW2 5JL	Brondesbury Park	London	£2,139,166	3
NW2 4DX	Teignmouth Road	London	£1,993,666	3
NW2 2HG	Hermitage Lane	London	£1,992,500	4
NW2 2DY	Farm Avenue	London	£1,965,875	4
NW2 4RU	Walm Lane	London	£1,902,000	4
NW2 4HA	Dartmouth Road	London	£1,813,333	3
NW2 4DS	St Gabriels Road	London	£1,761,250	4

Least Expensive Streets in NW2 (London)

Postcode	Street	Area	Average	No. of Sales
NW2 6QS	Rusper Close	London	£171,250	4
NW2 4NZ	Station Parade	London	£184,666	3
NW2 3TW	Fordwych Road	London	£227,875	4
NW2 4QA	Walm Lane	London	£244,400	5
NW2 7BS	Shepherds Walk	London	£249,500	4
NW2 1XF	Amber Grove	London	£277,200	3
NW2 6BP	Ashford Court, Ashford Road	London	£285,000	3
NW2 6RS	Campbell Gordon Way	London	£290,400	5
NW2 1US	Windmill Drive	London	£293,750	4
NW2 1EP	Dairyman Close	London	£298,333	3