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Primrose Hill House Prices

The average house price in Primrose Hill is £976,250 using HM Land Registry data.

The average property price decreased by £319,330 (--15.14%) over the last 5 years and decreased by £63,822 (--3.44%) over the last 12 months.

Over the last year, there were 103 residential property sales – a decrease of 47 transactions (-45.63%) relative to the previous year. The majority of house sales (42) were in the £550,000 - £1,266,000 range. Then came properties in the £1,266,000 - £1,982,000 range, where 28 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 134 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-116,235 (-4%).

In April 2024, there were 36 new estate agency instructions, 19 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in Primrose Hill

-15.14%

Property prices in Primrose Hill decreased by -15.14% 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 Primrose Hill Over the Last Year

-3.44%

Property prices in Primrose Hill decreased by -3.44% 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.

Property Market Heat Gauge for Primrose 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 Primrose 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 Primrose 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 Primrose 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 Primrose Hill since 1995

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

Recent Property Sales in Primrose Hill

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
31a, Edis Street, London, Greater London, NW1 8LE	£2,000,000	£1,924,000	-£76,000	31 Mar 2023	16 Jun 2023	77 Days
Flat 8, Avenue Close, Avenue Road, London, Greater London, NW8 6BX	£1,495,000	£1,450,000	-£45,000	20 Jan 2023	06 Jun 2023	137 Days
53 Gloucester Avenue, London, Greater London, NW1 7BA	£5,495,000	£5,300,000	-£195,000	30 Jun 2022	11 May 2023	315 Days
4 Briary Close, London, Greater London, NW3 3JZ	£1,850,000	£1,850,000	£00	06 Oct 2022	21 Apr 2023	197 Days
21a, Gloucester Avenue, London, Greater London, NW1 7AU	£725,000	£700,000	-£25,000	02 Nov 2022	05 Apr 2023	154 Days
42 Kingstown Street, London, Greater London, NW1 8JP	£1,950,000	£1,850,000	-£100,000	20 Apr 2022	31 Mar 2023	345 Days
2 Elsworthy Terrace, London, Greater London, NW3 3DR	£5,995,000	£5,100,000	-£895,000	01 Jun 2022	27 Mar 2023	299 Days
128c, Gloucester Avenue, London, Greater London, NW1 8JA	£1,150,000	£1,150,000	£00	01 Sep 2022	24 Feb 2023	176 Days
43 Fellows Road, London, Greater London, NW3 3DX	£1,000,000	£910,000	-£90,000	07 Oct 2022	24 Feb 2023	140 Days
Flat 69, Darwin Court, Gloucester Avenue, London, Greater London, NW1 7BQ	£835,000	£825,000	-£10,000	01 Sep 2022	13 Feb 2023	165 Days
Flat 97, Visage Apartments, Winchester Road, London, Greater London, NW3 3NE	£830,000	£615,000	-£215,000	03 Jun 2021	03 Feb 2023	610 Days
69 Avenue Road, London, Greater London, NW8 6HP	£38,000,000	£26,000,000	-£12,000,000	23 Sep 2021	02 Feb 2023	497 Days
Flat 2, Springfield Court, Eton Avenue, London, Greater London, NW3 3ER	£695,000	£600,000	-£95,000	04 Nov 2022	31 Jan 2023	88 Days
35 Fellows Road, London, Greater London, NW3 3DX	£1,795,000	£1,640,000	-£155,000	10 Oct 2022	17 Jan 2023	99 Days
Flat 11, Primrose Hill Studios, Fitzroy Road, London, Greater London, NW1 8TR	£2,500,000	£2,400,000	-£100,000	14 Sep 2022	13 Jan 2023	121 Days
66d, Fellows Road, London, Greater London, NW3 3LJ	£1,500,000	£1,395,000	-£105,000	17 Sep 2022	06 Jan 2023	111 Days
10g, Regents Park Road, London, Greater London, NW1 7TX	£675,000	£620,000	-£55,000	14 Apr 2022	23 Dec 2022	253 Days
Flat 42, St. Stephens Close, Avenue Road, London, Greater London, NW8 6DD	£2,000,000	£1,850,000	-£150,000	01 Jun 2022	15 Dec 2022	197 Days
Flat 72, Regency Lodge, Adelaide Road, London, Greater London, NW3 5ED	£750,000	£730,000	-£20,000	21 Oct 2022	14 Dec 2022	54 Days
5 Prince Albert Road, London, Greater London, NW1 7SN	£7,500,000	£7,250,000	-£250,000	18 Jul 2022	09 Dec 2022	144 Days

Most Expensive Streets in Primrose Hill

Postcode	Street	Area	Average	No. of Sales
NW8 6HS	Avenue Road	London	£38,500,000	1
NW3 3BT	Elsworthy Road	London	£22,000,000	1
NW8 6HP	Avenue Road	London	£15,375,000	2
NW8 6JD	Avenue Road	London	£13,250,000	2
NW3 3DN	Wadham Gardens	London	£13,000,000	1
NW1 8LG	Edis Street	London	£8,400,000	1
NW8 6AX	Norfolk Road	London	£8,375,000	2
NW1 7SR	Prince Albert Road	London	£7,500,000	1
NW3 3BU	Elsworthy Road	London	£7,152,000	5
NW1 7SN	Prince Albert Road	London	£6,975,000	2

Least Expensive Streets in Primrose Hill

Postcode	Street	Area	Average	No. of Sales
NW3 3NY	Taplow	Adelaide Road	£259,000	2
NW3 3JG	Fellows Road	London	£337,714	7
NW3 3PY	Adelaide Road	London	£340,000	1
NW3 3LZ	Fellows Road	London	£342,000	3
NW1 8LS	Chalcot Road	London	£344,333	3
NW3 3JN	Burnham	Fellows Road	£387,500	2
NW3 3PS	Johnson House	Adelaide Road	£430,000	1
NW3 3PL	Dorney	Adelaide Road	£450,000	1
NW3 3PT	Cleaver House	Adelaide Road	£475,000	1
NW3 3PN	Dorney	Adelaide Road	£495,000	1