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Colindale House Prices Colindale House Prices

The average house price in Colindale is £498,750 using HM Land Registry data.

The average property price decreased by £20,880 (--4.47%) over the last 5 years and decreased by £4,173 (--0.93%) over the last 12 months.

Over the last year, there were 136 residential property sales – a decrease of 171 transactions (-125.74%) relative to the previous year. The majority of house sales (29) were in the £260,000 - £336,000 range. Then came properties in the £336,000 - £412,000 range, where 28 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-32,633 (-3%).

In April 2024, there were 66 new estate agency instructions, 16 agreed home sales and 36 property price reductions.

Neighbouring Areas: Kingsbury, Mill Hill, Hendon, Edgware

Postcodes Covered: NW4, NW7, NW9

5-Year Average Property Prices in Colindale

-4.47%

Property prices in Colindale decreased by -4.47% 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 Colindale Over the Last Year

-0.93%

Property prices in Colindale decreased by -0.93% 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 Colindale - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Colindale

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 Colindale

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 Colindale

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 Colindale since 1995

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

Recent Property Sales in Colindale

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
47 Aeroville, London, Greater London, NW9 5JT£260,000£250,000-£10,00027 Nov 202301 Mar 202495 Days
75 Annesley Avenue, London, Greater London, NW9 5EG£460,000£460,000£0008 Jan 202408 Jan 20240 Days
25 Swan Drive, London, Greater London, NW9 5DE£480,000£475,000-£5,00014 Sep 202320 Dec 202397 Days
45 Colindeep Lane, London, Greater London, NW9 6DS£625,000£575,000-£50,00014 Aug 202317 Nov 202395 Days
21 Field Mead, London, Greater London, NW7 2LB£415,000£400,000-£15,00004 Jul 202310 Nov 2023129 Days
2 Ajax Avenue, London, Greater London, NW9 5EY£700,000£690,000-£10,00027 Jul 202330 Oct 202395 Days
105 Colindeep Lane, London, Greater London, NW9 6DD£650,000£575,000-£75,00016 May 202302 Oct 2023139 Days
42 Manor Way, London, Greater London, NW9 6JB£660,000£650,000-£10,00010 May 202325 Aug 2023107 Days
58 Annesley Avenue, London, Greater London, NW9 5DY£450,000£450,000£0013 May 202321 Aug 2023100 Days
145 Colin Crescent, London, Greater London, NW9 6ET£599,950£565,000-£34,95007 Apr 202318 Aug 2023133 Days
100 Rushgrove Avenue, London, Greater London, NW9 6RB£600,000£598,000-£2,00007 Apr 202328 Jul 2023112 Days
92 Colin Crescent, London, Greater London, NW9 6EX£625,000£620,000-£5,00009 Jan 202324 Jul 2023196 Days
49 Rivington Crescent, London, Greater London, NW7 2LF£525,000£510,000-£15,00016 Jan 202321 Jun 2023156 Days
7 Ajax Avenue, London, Greater London, NW9 5EY£550,000£469,000-£81,00012 Apr 202307 Jun 202356 Days
Flat 1, Amber Court, Colindale Avenue, London, Greater London, NW9 5ET£275,000£262,000-£13,00010 Jun 202222 May 2023346 Days
33 Colin Park Road, London, Greater London, NW9 6HT£650,000£625,000-£25,00022 Sep 202204 May 2023224 Days
20 University Close, London, Greater London, NW7 2LD£400,000£385,000-£15,00016 Sep 202228 Apr 2023224 Days
114 Rushgrove Avenue, London, Greater London, NW9 6RD£550,000£545,000-£5,00017 Jan 202328 Apr 2023101 Days
62 Lynton Avenue, London, Greater London, NW9 6PE£625,000£550,000-£75,00014 Dec 202214 Apr 2023121 Days
52 New Way Road, London, Greater London, NW9 6PG£650,000£630,000-£20,00004 Jan 202321 Mar 202376 Days

Most Expensive Streets in Colindale

PostcodeStreetAreaAverageNo. of Sales
NW9 4DPFelar WalkLondon£690,6004
NW9 6SBBeaulieu CloseLondon£656,6663
NW9 4DQThonrey CloseLondon£619,19614
NW9 4DRThonrey CloseLondon£617,5004
NW9 6JBManor WayLondon£605,0004
NW9 4ELThonrey CloseLondon£603,56818
NW9 4FGBeaufort SquareLondon£596,19754
NW9 4AGCoxwell BoulevardLondon£581,46515
NW9 4ERBernera WalkLondon£575,71414
NW9 4EQAchill CloseLondon£569,33312

Least Expensive Streets in Colindale

PostcodeStreetAreaAverageNo. of Sales
NW9 4DXLismore BoulevardLondon£171,10234
NW9 5BJRaven CloseLondon£198,6663
NW9 5BDEagle DriveLondon£232,35010
NW9 4BTBristol AvenueLondon£260,7857
NW9 6BUSt. Alphage CourtColindeep Lane£268,3333
NW9 6FBZenith CloseLondon£275,8333
NW9 6EBMarlow CourtColindeep Lane£296,1663
NW9 5ZREnsign House 48Aerodrome Road£299,8333
NW9 5DUFalcon WayLondon£300,0003
NW9 5WTHeritage AvenueLondon£302,06216

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