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Belsize Park House Prices Belsize Park House Prices

The average house price in Belsize Park is £1,068,928 using HM Land Registry data.

The average property price increased by £318,088 (28.49%) over the last 5 years and increased by £63,573 (4.64%) over the last 12 months.

Over the last year, there were 118 residential property sales – a decrease of 53 transactions (-44.92%) relative to the previous year. The majority of house sales (33) were in the £520,000 - £908,000 range. Then came properties in the £908,000 - £1,296,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 165 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-82,411 (-3%).

In April 2024, there were 45 new estate agency instructions, 17 agreed home sales and 22 property price reductions.

Neighbouring Areas: Gospel Oak, Primrose Hill, Chalk Farm, Hampstead, West Hampstead

Postcodes Covered: NW3

5-Year Average Property Prices in Belsize Park

28.49%

Property prices in Belsize Park increased by 28.49% 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 Belsize Park Over the Last Year

4.64%

Property prices in Belsize Park increased by 4.64% 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.

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).

Property Market Heat Gauge for Belsize Park - April 2024

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 Belsize Park

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 Belsize Park

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 Belsize Park

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 Belsize Park since 1995

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

Recent Property Sales in Belsize Park

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 48, Belsize Court, Wedderburn Road, London, Greater London, NW3 5QH£1,375,000£1,312,500-£62,50021 Jul 202306 Dec 2023138 Days
18 Belsize Lane, London, Greater London, NW3 5AB£1,295,000£825,000-£470,00018 Jun 201324 Nov 20233811 Days
Flat B, 28, Glenloch Road, Hampstead, London, Greater London, NW3 4DN£1,000,000£1,000,000£0029 Jun 202323 Nov 2023147 Days
Second And Third Floor Maisonette, 5, Lancaster Drive, Hampstead, London, Greater London, NW3 4EY£1,700,000£1,575,000-£125,00030 Oct 201727 Oct 20232188 Days
Flat 2, Romney Court, Haverstock Hill, London, Greater London, NW3 4RX£499,950£480,000-£19,95012 Jun 202315 Sep 202395 Days
13 Howitt Road, London, Greater London, NW3 4LT£3,699,950£3,650,000-£49,95020 Feb 202303 Aug 2023164 Days
5c, Belsize Crescent, London, Greater London, NW3 5QY£870,000£850,000-£20,00015 Dec 202219 Jul 2023216 Days
Flat 71, Antrim Mansions, Antrim Road, London, Greater London, NW3 4XL£1,175,000£1,100,000-£75,00023 Jan 202330 Jun 2023158 Days
Flat 106, Hillfield Court, Belsize Avenue, London, Greater London, NW3 4BE£540,000£525,000-£15,00020 Feb 202329 Jun 2023129 Days
61a, Belsize Lane, London, Greater London, NW3 5AU£1,950,000£1,900,000-£50,00008 Feb 202323 Jun 2023135 Days
54 Primrose Gardens, London, Greater London, NW3 4TP£2,495,000£2,460,000-£35,00014 Mar 202316 Jun 202394 Days
Flat 47, Belsize Court, Wedderburn Road, London, Greater London, NW3 5QP£1,175,000£1,085,000-£90,00011 Nov 202217 Apr 2023157 Days
19 Glenilla Road, London, Greater London, NW3 4AL£3,750,000£3,340,000-£410,00001 Nov 202217 Mar 2023136 Days
Flat 79, Gilling Court, Belsize Grove, London, Greater London, NW3 4XD£475,000£458,000-£17,00016 Nov 202214 Mar 2023118 Days
Flat 5, Belsize Court, Wedderburn Road, London, Greater London, NW3 5QL£1,250,000£1,200,000-£50,00007 Nov 202222 Feb 2023107 Days
7 Lambolle Place, London, Greater London, NW3 4PD£3,000,000£3,000,000£0002 Sep 202227 Jan 2023147 Days
61 Ornan Road, London, Greater London, NW3 4QD£2,350,000£2,200,000-£150,00015 Mar 202224 Jan 2023315 Days
20 Tudor Close, London, Greater London, NW3 4AG£995,000£960,000-£35,00027 Aug 202220 Jan 2023146 Days
25c, Belsize Avenue, London, Greater London, NW3 4BL£1,450,000£1,420,000-£30,00002 Sep 202211 Jan 2023131 Days
Flat 6, Glenloch Court, Glenmore Road, London, Greater London, NW3 4DD£1,200,000£1,160,000-£40,00011 Mar 202209 Jan 2023304 Days

Most Expensive Streets in Belsize Park

PostcodeStreetAreaAverageNo. of Sales
NW3 5SUMaresfield GardensLondon£4,950,0003
NW3 5RENetherhall GardensHampstead£3,483,7504
NW3 4QDOrnan RoadLondon£2,609,7504
NW3 4HRLambolle RoadLondon£2,608,6005
NW3 4ANGlenilla RoadLondon£2,600,0003
NW3 5DXBuckland CrescentLondon£2,575,0003
NW3 4XRAntrim GroveLondon£2,557,8333
NW3 5DBDaleham MewsLondon£2,516,6663
NW3 4TPPrimrose GardensLondon£2,461,6663
NW3 4LTHowitt RoadLondon£2,397,2229

Least Expensive Streets in Belsize Park

PostcodeStreetAreaAverageNo. of Sales
NW3 4XAGilling CourtBelsize Grove£313,6663
NW3 4TTHolmefield CourtBelsize Grove£328,9836
NW3 4RXRomney CourtHaverstock Hill£349,2077
NW3 4TUHolmefield CourtBelsize Grove£407,0717
NW3 4LXHowitt CloseLondon£415,0003
NW3 4XBGilling CourtBelsize Grove£416,0004
NW3 4UYGilling CourtBelsize Grove£438,3333
NW3 4XDGilling CourtBelsize Grove£439,5004
NW3 4DHWimborne MansionsGlenloch Road£544,0003
NW3 5LLCollege CrescentLondon£554,0003

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