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Neasden House Prices Neasden House Prices

The average house price in Neasden is £550,000 using HM Land Registry data.

The average property price increased by £125,091 (33.51%) over the last 5 years and increased by £25,000 (5.28%) over the last 12 months.

Over the last year, there were 4 residential property sales – a decrease of 0 transactions (0.00%) relative to the previous year. The majority of house sales (1) were in the £380,000 - £454,000 range. Then came properties in the £454,000 - £528,000 range, where 1 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-67,457 (-6%).

In April 2024, there were 14 new estate agency instructions, 1 agreed home sales and 2 property price reductions.

Neighbouring Areas: Harlesden, Wembley, Dollis Hill

Postcodes Covered: NW10

5-Year Average Property Prices in Neasden

33.51%

Property prices in Neasden increased by 33.51% 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 Neasden Over the Last Year

5.28%

Property prices in Neasden increased by 5.28% 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 Neasden - 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 Neasden

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 Neasden

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 Neasden

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 Neasden since 1995

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

Recent Property Sales in Neasden

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
17a, Bermans Way, London, Greater London, NW10 1RY£599,950£550,000-£49,95018 Sep 202305 Dec 202378 Days
28 Prout Grove, London, Greater London, NW10 1PT£799,950£745,000-£54,95010 Oct 202202 Aug 2023296 Days
47b, Prout Grove, London, Greater London, NW10 1PU£499,950£475,000-£24,95016 Jan 202331 Mar 202374 Days
Flat 28, Alexander House, Broadfields Way, London, Greater London, NW10 1RF£280,000£278,000-£2,00009 Nov 202028 Jan 2022445 Days
11 Prout Grove, London, Greater London, NW10 1PU£1,250,000£1,190,000-£60,00022 Sep 202121 Dec 202190 Days
69 Ballogie Avenue, London, Greater London, NW10 1SU£550,000£525,000-£25,00010 Apr 201916 Aug 2021859 Days
45 Southview Avenue, London, Greater London, NW10 1RE£325,000£305,000-£20,00009 Feb 202111 Jun 2021122 Days
14a, Westview Close, London, Greater London, NW10 1RH£350,000£315,000-£35,00017 Aug 202004 May 2021260 Days
20 Balnacraig Avenue, London, Greater London, NW10 1TH£725,000£705,000-£20,00013 Oct 202024 Mar 2021162 Days
29 Southview Avenue, London, Greater London, NW10 1RE£325,000£310,000-£15,00026 Jun 202024 Nov 2020151 Days
30 Southview Avenue, London, Greater London, NW10 1RL£349,950£337,500-£12,45005 Sep 201728 Sep 2018388 Days
3a, Southview Avenue, London, Greater London, NW10 1RB£419,950£415,000-£4,95016 Apr 201831 Jul 2018106 Days
Flat 10, Grange Court, Birse Crescent, London, Greater London, NW10 1SH£325,000£315,000-£10,00027 Feb 201818 May 201880 Days
5a, North View Crescent, London, Greater London, NW10 1RD£315,000£305,000-£10,00025 Sep 201709 Mar 2018165 Days
24 Balnacraig Avenue, London, Greater London, NW10 1TH£610,000£565,000-£45,00026 Jan 201701 Mar 2018399 Days
1 Bermans Way, London, Greater London, NW10 1SD£275,000£250,000-£25,00019 Jan 201723 Feb 2018400 Days

Most Expensive Streets in Neasden

PostcodeStreetAreaAverageNo. of Sales
NW10 1PUProut GroveLondon£771,2504
NW10 1RHWestview CloseLondon£323,5003

Least Expensive Streets in Neasden

PostcodeStreetAreaAverageNo. of Sales
NW10 1RHWestview CloseLondon£323,5003
NW10 1PUProut GroveLondon£771,2504

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