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Northwood House Prices Northwood House Prices

The average house price in Northwood is £482,222 using HM Land Registry data.

The average property price increased by £165,736 (26.58%) over the last 5 years and increased by £33,124 (4.38%) over the last 12 months.

Over the last year, there were 182 residential property sales – a decrease of 57 transactions (-31.32%) relative to the previous year. The majority of house sales (59) were in the £558,000 - £766,000 range. Then came properties in the £350,000 - £558,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-32,018 (-3%).

In April 2024, there were 49 new estate agency instructions, 30 agreed home sales and 18 property price reductions.

Neighbouring Areas: Pinner, Uxbridge, Ruislip

Postcodes Covered: HA5, HA6, WD3

5-Year Average Property Prices in Northwood

26.58%

Property prices in Northwood increased by 26.58% 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 Northwood Over the Last Year

4.38%

Property prices in Northwood increased by 4.38% 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 Northwood - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Northwood

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 Northwood

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 Northwood

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 Northwood since 1995

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

Recent Property Sales in Northwood

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
183 Thirlmere Gardens, Northwood, Greater London, HA6 2GA£475,000£458,000-£17,00013 Nov 202308 Mar 2024116 Days
20 Trinity Close, Northwood, Greater London, HA6 2AF£500,000£476,000-£24,00031 Mar 202319 Jan 2024294 Days
19 Moor Park Road, Northwood, Greater London, HA6 2DL£1,650,000£1,550,000-£100,00026 May 202318 Jan 2024237 Days
Flat 11, Fairfield Court, Windsor Close, Northwood, Greater London, HA6 1PB£175,000£140,000-£35,00007 Aug 202319 Dec 2023134 Days
43 Highland Road, Northwood, Greater London, HA6 1JR£619,950£520,000-£99,95027 Apr 202318 Dec 2023235 Days
Flat 18, Fairfield Court, Windsor Close, Northwood, Greater London, HA6 1PB£130,000£120,000-£10,00023 Mar 202307 Dec 2023259 Days
148 Hilliard Road, Northwood, Greater London, HA6 1SP£550,000£520,000-£30,00030 Sep 202307 Dec 202368 Days
44 Woodford Crescent, Pinner, Greater London, HA5 3TX£575,000£560,000-£15,00014 Jul 202306 Dec 2023145 Days
61 Pinner Road, Northwood, Greater London, HA6 1QN£795,000£775,000-£20,00018 Aug 202306 Dec 2023110 Days
22 Closemead Close, Northwood, Greater London, HA6 2RZ£265,000£255,000-£10,00008 Jun 202330 Nov 2023175 Days
41 Ravenswood Park, Northwood, Greater London, HA6 3PS£850,000£815,000-£35,00026 Jan 202317 Nov 2023295 Days
28 Reginald Road, Northwood, Greater London, HA6 1EE£600,000£600,000£0020 Apr 202317 Nov 2023211 Days
19 Highfield Road, Northwood, Greater London, HA6 1EU£1,225,000£1,100,000-£125,00029 Jun 202313 Nov 2023137 Days
29 Daymer Gardens, Pinner, Greater London, HA5 2HW£1,650,000£1,600,000-£50,00010 Jul 202303 Nov 2023116 Days
16 Highfield Road, Northwood, Greater London, HA6 1ET£1,100,000£1,100,000£0031 Oct 202331 Oct 20230 Days
36 Reginald Road, Northwood, Greater London, HA6 1EE£650,000£595,000-£55,00014 Mar 202325 Oct 2023225 Days
10 Knoll Crescent, Northwood, Greater London, HA6 1HJ£550,000£550,000£0014 Jul 202325 Oct 2023103 Days
4 Bennett Close, Northwood, Greater London, HA6 1ER£290,000£280,000-£10,00024 Jul 202313 Oct 202381 Days
75 Chamberlain Way, Pinner, Greater London, HA5 2AT£425,000£425,000£0025 May 202306 Oct 2023134 Days
5 Kewferry Road, Northwood, Greater London, HA6 2NS£950,000£900,000-£50,00003 Jul 202303 Oct 202392 Days

Most Expensive Streets in Northwood

PostcodeStreetAreaAverageNo. of Sales
HA6 2TRNicholas WayNorthwood£2,764,2857
HA6 2TSNicholas WayNorthwood£2,383,3333
HA6 2UBCopse Wood WayNorthwood£1,753,3333
HA6 2APGrove RoadNorthwood£1,695,4166
HA6 2BZFirs WalkNorthwood£1,668,3333
HA6 2DLMoor Park RoadNorthwood£1,559,0025
HA6 2TZCopse Wood WayNorthwood£1,436,6663
HA6 2TGWestminster CloseNorthwood£1,400,0003
HA6 2TPCopse Wood WayNorthwood£1,341,6663
HA6 2SHJackets LaneNorthwood£1,338,3333

Least Expensive Streets in Northwood

PostcodeStreetAreaAverageNo. of Sales
HA6 1TJJuniper CourtNeal Close£136,0717
HA6 1BZPinner RoadNorthwood£148,4005
HA6 1PBFairfield CourtWindsor Close£150,5008
HA6 1PQFerndownNorthwood£223,0003
HA6 1NPJoel StreetNorthwood£253,0004
HA6 1DQJasmin CloseNorthwood£265,6663
HA6 2GEWilford CloseNorthwood£270,4874
HA6 2XXChester PlaceNorthwood£282,1663
HA6 2TQMallard WayNorthwood£288,3333
HA5 2PWHaydon DrivePinner£296,0003

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