You are here: Property Solvers Home Homeowners Hub London House Prices House Prices in NW5

House Prices in NW5

The average house price in NW5 (London) is £544,166 using HM Land Registry data.

The average property price increased by £70,937 (9.55%) over the last 5 years and increased by £14,214 (1.62%) over the last 12 months.

Over the last year, there were 188 residential property sales – a decrease of 104 transactions (-55.32%) relative to the previous year. The majority of house sales (90) were in the £390,000 - £692,000 range. Then came properties in the £692,000 - £994,000 range, where 28 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-39,800 (-3%).

In Oct 24, there were 46 new estate agency instructions, 27 agreed home sales and 27 property price reductions.

5-Year Average Property Prices in NW5 (London)

9.55%

Property prices in London increased by 9.55% 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 NW5 (London) Over the Last Year

1.62%

Property prices in London increased by 1.62% 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 NW5 (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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 NW5 (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 NW5 (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 NW5 (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 NW5 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NW5 postcode area since 1995.

Recent Sales in NW5 (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
32 Raglan Street, London, Greater London, NW5 3DA	£1,400,000	£1,370,000	-£30,000	30 Apr 2024	15 Aug 2024	107 Days
57a, Torriano Avenue, London, Greater London, NW5 2SJ	£700,000	£675,000	-£25,000	08 Feb 2024	07 Aug 2024	181 Days
2c, Ospringe Road, London, Greater London, NW5 2JE	£1,300,000	£1,250,000	-£50,000	24 Jul 2023	21 Jun 2024	333 Days
Flat A, 25, Herbert Street, London, Greater London, NW5 4HA	£525,000	£520,000	-£5,000	20 Feb 2024	31 May 2024	101 Days
28 St Albans Villas, London, Greater London, NW5 1QU	£785,000	£785,000	£00	30 Nov 2023	21 May 2024	173 Days
64a, Lady Somerset Road, London, Greater London, NW5 1TU	£625,000	£622,500	-£2,500	17 Oct 2023	08 Apr 2024	174 Days
3 Ospringe Road, London, Greater London, NW5 2JD	£2,850,000	£2,750,000	-£100,000	08 Sep 2023	03 Apr 2024	208 Days
160 Leighton Road, London, Greater London, NW5 2RE	£1,450,000	£1,400,000	-£50,000	30 Jun 2023	28 Mar 2024	272 Days
149b, Prince Of Wales Road, London, Greater London, NW5 3PU	£675,000	£675,000	£00	13 Jul 2023	28 Mar 2024	259 Days
19 Grove Terrace, London, Greater London, NW5 1PH	£2,750,000	£2,500,000	-£250,000	11 Dec 2023	21 Mar 2024	101 Days
4 Leighton Place, London, Greater London, NW5 2QL	£890,000	£885,000	-£5,000	12 Jul 2023	28 Feb 2024	231 Days
Flat B, 51, Lady Margaret Road, Kentish Town, London, Greater London, NW5 2NH	£600,000	£595,000	-£5,000	26 Sep 2023	20 Feb 2024	147 Days
78 Wellesley Road, London, Greater London, NW5 4PL	£550,000	£549,206	-£794	13 Jul 2023	01 Feb 2024	203 Days
26 Croftdown Road, London, Greater London, NW5 1EN	£2,975,000	£2,800,000	-£175,000	11 Apr 2023	26 Jan 2024	290 Days
47 Burghley Road, London, Greater London, NW5 1UH	£2,100,000	£1,950,000	-£150,000	27 Jul 2023	12 Jan 2024	169 Days
45 Burghley Road, London, Greater London, NW5 1UH	£2,000,000	£2,000,000	£00	07 Jul 2023	12 Jan 2024	189 Days
Upper Flat, 50, Willes Road, London, Greater London, NW5 3DL	£750,000	£740,000	-£10,000	01 Aug 2023	13 Dec 2023	134 Days
36 Woodsome Road, London, Greater London, NW5 1RZ	£2,000,000	£1,945,000	-£55,000	11 Sep 2023	08 Dec 2023	88 Days
31b, Bassett Street, London, Greater London, NW5 4PG	£725,000	£690,000	-£35,000	20 Jul 2023	08 Dec 2023	141 Days
32 Glenhurst Avenue, London, Greater London, NW5 1PS	£1,400,000	£1,365,000	-£35,000	04 May 2023	08 Dec 2023	218 Days

Most Expensive Streets in NW5 (London)

Postcode	Street	Area	Average	No. of Sales
NW5 1EE	Boscastle Road	London	£3,138,250	4
NW5 1PH	Grove Terrace	London	£2,293,333	3
NW5 1EL	Croftdown Road	London	£2,082,500	4
NW5 1SX	Dartmouth Park Road	London	£1,881,700	5
NW5 1TU	Lady Somerset Road	London	£1,824,166	3
NW5 2JX	Patshull Road	London	£1,808,333	3
NW5 3QD	Queens Crescent	London	£1,775,000	3
NW5 1UH	Burghley Road	London	£1,752,500	4
NW5 1SA	Woodsome Road	London	£1,741,500	4
NW5 2PL	Leverton Place	London	£1,677,000	3

Least Expensive Streets in NW5 (London)

Postcode	Street	Area	Average	No. of Sales
NW5 4QQ	Weedington Road	London	£284,833	3
NW5 4DX	Weedington Road	London	£321,857	7
NW5 4DE	Southfleet, Malden Road	London	£354,625	4
NW5 3HG	Malden Road	London	£357,500	6
NW5 2ER	Willingham Terrace	London	£363,000	10
NW5 2AP	Sandall Road	London	£374,750	4
NW5 4PN	Wellesley Road	London	£377,666	3
NW5 3AT	Holmes Road	London	£378,125	6
NW5 4LL	Athlone Street	London	£381,666	3
NW5 4LJ	Athlone Street	London	£390,616	6