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House Prices in NW2

The average house price in NW2 (London) is £620,058 using HM Land Registry data.

The average property price increased by £82,719 (21.68%) over the last 5 years and increased by £16,574 (3.37%) over the last 12 months.

Over the last year, there were 280 residential property sales – a decrease of 115 transactions (-41.07%) relative to the previous year. The majority of house sales (80) were in the £330,000 - £496,000 range. Then came properties in the £496,000 - £662,000 range, where 65 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 209 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-42,259 (-5%).

In February 2025, there were 144 new estate agency instructions, 50 agreed home sales and 85 property price reductions.

5-Year Average Property Prices in NW2 (London)

21.68%

Property prices in NW2 (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 NW2 (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) - February 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 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
72 Teignmouth Road, London, Greater London, NW2 4DX	£2,750,000	£2,675,000	-£75,000	23 May 2024	15 Jan 2025	237 Days
49 Draycott Close, London, Greater London, NW2 1UN	£257,000	£246,000	-£11,000	27 Sep 2024	23 Dec 2024	87 Days
Flat 4, Kingsley Court, Park Avenue, London, Greater London, NW2 5TH	£400,000	£400,000	£0	28 Nov 2024	20 Dec 2024	22 Days
10 Crewys Road, London, Greater London, NW2 2AA	£549,950	£430,000	-£119,950	12 Apr 2017	20 Dec 2024	2809 Days
31 Midland Terrace, London, Greater London, NW2 6QH	£550,000	£550,000	£0	25 Sep 2024	20 Dec 2024	86 Days
138 Cheviot Gardens, London, Greater London, NW2 1QA	£645,000	£635,000	-£10,000	21 Oct 2024	18 Dec 2024	58 Days
Flat 29, Moreland Court, Finchley Road, London, Greater London, NW2 2PL	£400,000	£385,000	-£15,000	24 Jun 2024	17 Dec 2024	176 Days
30 Selsdon Road, London, Greater London, NW2 7NE	£585,000	£565,000	-£20,000	16 Sep 2024	16 Dec 2024	91 Days
Flat 24, Kendal Court, Shoot Up Hill, London, Greater London, NW2 3PD	£580,000	£570,000	-£10,000	07 Nov 2024	13 Dec 2024	36 Days
31 Johnston Terrace, London, Greater London, NW2 6QJ	£615,000	£600,000	-£15,000	12 Apr 2024	12 Dec 2024	244 Days
First Floor Flat, 59, Lechmere Road, London, Greater London, NW2 5DA	£450,000	£375,000	-£75,000	30 May 2023	09 Dec 2024	559 Days
52 Alder Grove, London, Greater London, NW2 7DD	£699,950	£658,500	-£41,450	15 May 2024	02 Dec 2024	201 Days
64a, Deacon Road, London, Greater London, NW2 5QJ	£450,000	£435,000	-£15,000	23 May 2024	20 Nov 2024	181 Days
40 Midwood Close, London, Greater London, NW2 6YL	£499,000	£495,000	-£4,000	23 Aug 2024	15 Nov 2024	84 Days
46 Oaklands Road, London, Greater London, NW2 6DH	£425,000	£425,000	£0	19 Jun 2024	15 Nov 2024	149 Days
33 Campbell Gordon Way, London, Greater London, NW2 6RS	£325,000	£315,000	-£10,000	02 Jul 2024	15 Nov 2024	136 Days
4 Lane Close, London, Greater London, NW2 6QZ	£800,000	£765,000	-£35,000	24 Jun 2024	07 Nov 2024	136 Days
69 Randall Avenue, London, Greater London, NW2 7SS	£799,950	£775,000	-£24,950	08 Jul 2024	31 Oct 2024	115 Days
7a, Sandringham Road, London, Greater London, NW2 5EP	£399,950	£399,950	£0	02 Jul 2024	29 Oct 2024	119 Days
25 Cumbrian Gardens, London, Greater London, NW2 1EB	£675,000	£655,000	-£20,000	07 May 2024	24 Oct 2024	170 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 4RU	Walm Lane	London	£2,112,666	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 4HA	Dartmouth Road	London	£1,813,333	3
NW2 3AY	Walm Lane	London	£1,783,990	5

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 7BS	Shepherds Walk	London	£249,500	4
NW2 4QA	Walm Lane	London	£258,666	6
NW2 6NS	Mascotts Close	London	£265,333	3
NW2 1XF	Amber Grove	London	£277,200	3
NW2 6RS	Campbell Gordon Way	London	£281,000	5
NW2 6BP	Ashford Court, Ashford Road	London	£285,000	3
NW2 1US	Windmill Drive	London	£293,750	4