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Mill Hill House Prices Mill Hill House Prices

The average house price in Mill Hill is £808,500 using HM Land Registry data.

The average property price increased by £349,469 (51.94%) over the last 5 years and increased by £69,845 (7.33%) over the last 12 months.

Over the last year, there were 140 residential property sales – a decrease of 37 transactions (-26.43%) relative to the previous year. The majority of house sales (42) were in the £310,000 - £618,000 range. Then came properties in the £618,000 - £926,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 106 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-44,187 (-4%).

In April 2024, there were 54 new estate agency instructions, 24 agreed home sales and 28 property price reductions.

Neighbouring Areas: Totteridge & Woodside Park, Finchley, Hendon, Edgware, Colindale

Postcodes Covered: N3, NW4, NW7

5-Year Average Property Prices in Mill Hill

51.94%

Property prices in Mill Hill increased by 51.94% 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 Mill Hill Over the Last Year

7.33%

Property prices in Mill Hill increased by 7.33% 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 Mill Hill - 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 Mill Hill

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 Mill Hill

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 Mill Hill

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 Mill Hill since 1995

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

Recent Property Sales in Mill Hill

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Shakespeare Road, London, Greater London, NW7 4BA£1,050,000£985,000-£65,00023 Feb 202404 Mar 202410 Days
9 Shillingford Close, London, Greater London, NW7 1HQ£425,000£400,000-£25,00019 Sep 202320 Feb 2024154 Days
2 Cheldon Avenue, London, Greater London, NW7 1GG£900,000£855,000-£45,00010 Jul 202325 Jan 2024199 Days
154 Devonshire Road, London, Greater London, NW7 1DJ£625,000£624,999-£0126 Sep 202325 Jan 2024121 Days
47 Tithe Walk, London, Greater London, NW7 2PY£899,950£899,950£0005 Sep 202316 Jan 2024133 Days
11 Lee Road, London, Greater London, NW7 1LJ£750,000£692,500-£57,50015 Mar 202320 Dec 2023280 Days
19 Hillside Grove, London, Greater London, NW7 2LS£1,225,000£1,125,000-£100,00001 Mar 202329 Nov 2023273 Days
87 The Reddings, London, Greater London, NW7 4JP£1,100,000£1,000,000-£100,00008 Feb 202322 Nov 2023287 Days
5 Woodland Way, London, Greater London, NW7 2JP£575,000£568,500-£6,50031 May 202315 Nov 2023168 Days
48 Longfield Avenue, London, Greater London, NW7 2EG£375,000£350,000-£25,00019 Jun 202310 Nov 2023144 Days
24 Colenso Drive, London, Greater London, NW7 2EB£640,000£630,000-£10,00011 Apr 202331 Oct 2023203 Days
22 Pursley Road, London, Greater London, NW7 2BT£650,000£620,000-£30,00017 Jun 202316 Oct 2023121 Days
47 Salcombe Gardens, London, Greater London, NW7 2NU£500,000£480,000-£20,00005 Apr 202310 Oct 2023188 Days
99 Dollis Road, London, Greater London, N3 1RE£550,000£510,000-£40,00011 May 202306 Oct 2023148 Days
161 Bittacy Hill, London, Greater London, NW7 1RT£750,000£725,000-£25,00016 Jun 202306 Oct 2023112 Days
9 Hillside Grove, London, Greater London, NW7 2LS£950,000£900,000-£50,00008 Feb 202303 Oct 2023237 Days
12a, Bittacy Hill, London, Greater London, NW7 1LB£250,000£228,772-£21,22818 Feb 202329 Sep 2023223 Days
80 Wise Lane, London, Greater London, NW7 2RG£3,000,000£2,825,000-£175,00007 Mar 202329 Sep 2023206 Days
32 Featherstone Road, London, Greater London, NW7 2BN£775,000£750,000-£25,00012 Jun 202321 Sep 2023101 Days
Flat 14, Holland Court, Page Street, London, Greater London, NW7 2DJ£365,000£365,000£0011 May 202304 Sep 2023116 Days

Most Expensive Streets in Mill Hill

PostcodeStreetAreaAverageNo. of Sales
NW7 4PBAbbey ViewLondon£3,875,0003
NW7 4PPUphill RoadLondon£3,783,0005
NW7 4RBUphill RoadLondon£2,811,2504
NW7 2RSMilespit HillLondon£2,656,6558
NW7 4PUUphill RoadLondon£2,480,0003
NW7 2LHParksideLondon£2,197,5004
NW7 2BDWise LaneLondon£2,016,6663
NW7 1RSThe RidgewayLondon£1,953,3333
NW7 4RAUphill RoadLondon£1,886,6663
NW7 4AZHolborn CloseLondon£1,850,8333

Least Expensive Streets in Mill Hill

PostcodeStreetAreaAverageNo. of Sales
NW7 1JTAbercorn RoadLondon£249,0003
NW7 4QAGreendaleGreen Avenue£271,5003
NW7 2JTDamon HouseSylvan Avenue£285,0003
NW7 2BQPage StreetLondon£303,7254
NW4 1PTGreat North WayLondon£321,07211
NW7 2DNRowlands CloseLondon£323,5009
NW7 1BXSanders LaneLondon£337,3333
NW7 2EXBunns LaneLondon£339,1663
NW7 3JNWatford WayLondon£347,3333
NW7 4SNMilldeneDaws Lane£347,8254

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