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Mill Hill House Prices

The average house price in Mill Hill is £920,558 using HM Land Registry data.

The average property price increased by £312,739 (44.8%) over the last 5 years and increased by £62,520 (6.59%) over the last 12 months.

Over the last year, there were 152 residential property sales – a decrease of 19 transactions (-12.50%) relative to the previous year. The majority of house sales (55) were in the £330,000 - £644,000 range. Then came properties in the £644,000 - £958,000 range, where 44 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 £-44,187 (-4%).

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

5-Year Average Property Prices in Mill Hill

44.8%

Property prices in Mill Hill increased by 44.8% 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 Mill Hill Over the Last Year

6.59%

Property prices in Mill Hill increased by 6.59% 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 Mill Hill - 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 Mill Hill

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 Mill Hill

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 Mill Hill

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 Mill Hill since 1995

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

Recent Property Sales in Mill Hill

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
3a, The Ridgeway, London, Greater London, NW7 1RS	£1,650,000	£1,615,000	-£35,000	13 Feb 2024	16 Aug 2024	185 Days
16 Featherstone Road, London, Greater London, NW7 2BN	£1,000,000	£1,000,000	£00	22 Feb 2024	15 Aug 2024	175 Days
102 Bittacy Rise, London, Greater London, NW7 2HL	£800,000	£785,000	-£15,000	14 May 2024	07 Aug 2024	85 Days
83 Devonshire Road, London, Greater London, NW7 1DR	£975,000	£950,000	-£25,000	08 Mar 2024	11 Jul 2024	125 Days
67 Longfield Avenue, London, Greater London, NW7 2EH	£775,000	£750,000	-£25,000	05 Apr 2024	02 Jul 2024	88 Days
Flat 6, Shakespeare Court, Shakespeare Road, London, Greater London, NW7 4BG	£455,000	£435,000	-£20,000	18 Jul 2023	14 Jun 2024	332 Days
97 Sunnyfield, London, Greater London, NW7 4RE	£875,000	£845,000	-£30,000	25 Oct 2023	06 Jun 2024	225 Days
Greenfields, Lawrence Street, London, Greater London, NW7 4JS	£3,750,000	£3,600,000	-£150,000	27 Sep 2023	04 Jun 2024	251 Days
105 Wise Lane, London, Greater London, NW7 2BD	£1,650,000	£1,575,000	-£75,000	08 Jan 2024	03 Jun 2024	147 Days
16 Milespit Hill, London, Greater London, NW7 2PL	£380,000	£348,800	-£31,200	17 Nov 2023	28 May 2024	193 Days
2 Honiton Gardens, London, Greater London, NW7 1GF	£665,000	£645,000	-£20,000	04 Jul 2023	23 May 2024	324 Days
43 Shakespeare Road, London, Greater London, NW7 4BA	£799,950	£791,000	-£8,950	08 Jan 2024	10 May 2024	123 Days
5 Sylvan Avenue, London, Greater London, NW7 2JH	£1,100,000	£985,000	-£115,000	29 Jan 2024	08 May 2024	100 Days
623a, Watford Way, London, Greater London, NW7 3JN	£300,000	£278,000	-£22,000	13 May 2022	08 May 2024	726 Days
5 Sylvan Avenue, London, Greater London, NW7 2JH	£1,100,000	£985,000	-£115,000	29 Jan 2024	08 May 2024	100 Days
24 The Reddings, London, Greater London, NW7 4JR	£935,000	£885,000	-£50,000	15 Dec 2023	15 Apr 2024	122 Days
21 Goodwyn Avenue, Mill Hill, London, Greater London, NW7 3RJ	£589,950	£350,000	-£239,950	23 May 2023	12 Apr 2024	325 Days
29 Milespit Hill, London, Greater London, NW7 2PJ	£650,000	£634,000	-£16,000	10 May 2023	22 Mar 2024	317 Days
26 Bampton Drive, London, Greater London, NW7 2AY	£750,000	£715,000	-£35,000	16 Aug 2023	12 Mar 2024	209 Days
75 Colenso Drive, London, Greater London, NW7 2EA	£749,950	£725,000	-£24,950	06 Jun 2023	07 Mar 2024	275 Days

Most Expensive Streets in Mill Hill

Postcode	Street	Area	Average	No. of Sales
NW7 4PB	Abbey View	London	£3,875,000	3
NW7 4PP	Uphill Road	London	£3,363,000	5
NW7 4RB	Uphill Road	London	£2,820,000	4
NW7 4QD	Uphill Road	London	£2,816,250	4
NW7 2RS	Milespit Hill	London	£2,740,463	7
NW7 4PU	Uphill Road	London	£2,480,000	3
NW7 2LH	Parkside	London	£2,128,000	5
NW7 2BD	Wise Lane	London	£1,906,250	4
NW7 1RS	The Ridgeway	London	£1,868,750	4
NW7 4AZ	Holborn Close	London	£1,850,833	3

Least Expensive Streets in Mill Hill

Postcode	Street	Area	Average	No. of Sales
NW7 1JT	Abercorn Road	London	£249,000	3
NW7 2BQ	Page Street	London	£303,725	4
NW7 3JN	Watford Way	London	£312,000	5
NW7 2DN	Rowlands Close	London	£323,500	9
NW4 1PT	Great North Way	London	£333,250	8
NW7 1BX	Sanders Lane	London	£337,333	3
NW7 2EX	Bunns Lane	London	£339,166	3
NW7 4SN	Milldene	Daws Lane	£347,825	4
NW7 1HY	Bittacy Court	Bittacy Hill	£354,950	4
NW7 1GB	Seaton Square	London	£357,500	4