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House Prices in NW1

The average house price in NW1 (London) is £1,179,975 using HM Land Registry data.

The average property price increased by £151,106 (-5.18%) over the last 5 years and increased by £30,277 (-0.99%) over the last 12 months.

Over the last year, there were 302 residential property sales – a decrease of 25 transactions (-8.28%) relative to the previous year. The majority of house sales (124) were in the £370,000 - £676,000 range. Then came properties in the £676,000 - £982,000 range, where 62 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 205 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-93,689 (-6%).

In March 2025, there were 135 new estate agency instructions, 43 agreed home sales and 104 property price reductions.

5-Year Average Property Prices in NW1 (London)

-5.18%

Property prices in NW1 (London) decreased by -5.18% 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 NW1 (London) Over the Last Year

-0.99%

Property prices in NW1 (London) decreased by -0.99% 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 NW1 (London) - March 2025

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 NW1 (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 NW1 (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 NW1 (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 NW1 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NW1 postcode area since 1995.

Recent Sales in NW1 (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
2 Clarence Terrace, London, Greater London, NW1 4RD	£1,250,000	£900,000	-£350,000	07 Aug 2024	05 Feb 2025	182 Days
Flat 31, Trimdon, Plender Street, London, Greater London, NW1 0HA	£595,000	£595,000	£0	13 Nov 2024	31 Jan 2025	79 Days
Flat 221, Levita House, Chalton Street, London, Greater London, NW1 1HN	£675,000	£675,000	£0	05 Sep 2024	24 Jan 2025	141 Days
2 Eglon Mews, London, Greater London, NW1 8YS	£2,250,000	£2,075,000	-£175,000	18 Apr 2024	14 Jan 2025	271 Days
20 Park Square East, London, Greater London, NW1 4LH	£9,950,000	£9,600,107	-£349,893	31 Jul 2024	20 Dec 2024	142 Days
Flat 3, Brook House, Cranleigh Street, London, Greater London, NW1 1NU	£510,000	£497,500	-£12,500	15 Jul 2024	16 Dec 2024	154 Days
5 Jeffreys Street, London, Greater London, NW1 9PS	£1,150,000	£1,125,000	-£25,000	25 Apr 2024	13 Dec 2024	232 Days
Flat 20, Hawkshead, Stanhope Street, London, Greater London, NW1 3RJ	£450,000	£440,000	-£10,000	02 Jul 2024	03 Dec 2024	154 Days
Flat 98, Clarence Gate Gardens, Glentworth Street, London, Greater London, NW1 6QP	£1,850,000	£1,700,000	-£150,000	11 Sep 2024	02 Dec 2024	82 Days
Flat 9fa, Oxford & Cambridge Mansions, Transept Street, London, Greater London, NW1 5EJ	£500,000	£490,000	-£10,000	08 Apr 2024	15 Nov 2024	221 Days
90 Ashmill Street, London, Greater London, NW1 6RA	£525,000	£525,000	£0	04 Sep 2024	12 Nov 2024	69 Days
Flat 89, Ivor Court, Gloucester Place, London, Greater London, NW1 6BP	£1,000,000	£920,000	-£80,000	23 Aug 2024	01 Nov 2024	70 Days
6a, Lyme Street, London, Greater London, NW1 0EH	£650,000	£650,000	£0	17 Apr 2024	01 Nov 2024	198 Days
Flat 14, Farnham House, Harewood Avenue, London, Greater London, NW1 6NT	£850,000	£800,000	-£50,000	07 May 2024	31 Oct 2024	177 Days
Flat 51, Park View House, Goldington Street, London, Greater London, NW1 1UG	£635,000	£625,000	-£10,000	02 Feb 2023	11 Oct 2024	617 Days
Flat 130, Walker House, Phoenix Road, London, Greater London, NW1 1ER	£650,000	£625,000	-£25,000	17 Nov 2023	30 Jul 2024	256 Days
Suite 4, Dorset House, Gloucester Place, London, Greater London, NW1 5AB	£499,950	£400,000	-£99,950	02 Jun 2013	26 Jun 2024	4042 Days
Flat 25, Wellesley House, Churchway, London, Greater London, NW1 1LL	£600,000	£577,500	-£22,500	04 Oct 2023	23 May 2024	232 Days
Flat 9, Merrivale, Camden Street, London, Greater London, NW1 0LH	£300,000	£300,000	£0	03 May 2023	17 May 2024	380 Days
Flat 37a, Hanover Gate Mansions, Park Road, London, Greater London, NW1 4SL	£550,000	£525,000	-£25,000	22 Feb 2024	18 Apr 2024	56 Days

Most Expensive Streets in NW1 (London)

Postcode	Street	Area	Average	No. of Sales
NW1 4ND	Chester Terrace	London	£9,333,333	6
NW1 4AE	Park Village West	London	£7,367,500	4
NW1 4JX	Cambridge Gate	London	£6,421,071	7
NW1 4QA	York Terrace West	London	£5,933,333	6
NW1 8YA	Chalcot Square	London	£5,035,000	6
NW1 4AB	Albany Street, Regents Park	London	£4,733,333	3
NW1 8YH	Rothwell Street	London	£4,613,333	3
NW1 7EE	Regents Park Terrace	London	£4,250,000	5
NW1 8UG	Regents Park Road	London	£4,247,500	6
NW1 4HP	Cumberland Terrace	London	£4,208,000	5

Least Expensive Streets in NW1 (London)

Postcode	Street	Area	Average	No. of Sales
NW1 9EG	Soane Court, St Pancras Way	London	£269,000	3
NW1 6BL	Ivor Court, Gloucester Place	London	£306,000	3
NW1 1HH	Chalton House, Chalton Street, London	London	£335,000	3
NW1 9AP	Cliff Court, Cliff Road	London	£337,999	4
NW1 4BU	Chester Court, Albany Street, London	London	£342,666	3
NW1 0JG	Barker Drive	London	£347,316	3
NW1 3QG	Borrowdale, Robert Street, London	London	£350,666	3
NW1 1BA	Eversholt Street	London	£355,405	3
NW1 0XG	Weavers Way	London	£359,000	5
NW1 0TL	Bruges Place	London	£360,271	7