Local market reports › NW
North West London market report NW
The standing NW (North West London) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 217,603 sales registered with HM Land Registry in the NW postcode area (North West London) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: 1,355 registered 2026 sales put the the NW postcode area (North West London) median at £603,000, up 1% on five years earlier, with a mean of £869,000, and by floor area homes here have averaged about £9,170 per square metre over the last five years. Everything rests on 217,603 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
The NW postcode area centred on North West London covers 11 districts. At this scale the figures average away real local contrasts; the district reports below are the place for anywhere specific.
Where NW sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
NW sold prices: where the market stands
Across 1,355 registered 2026 sales, the typical (median) NW home went for £603,000. The mean is £869,000, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
What a square metre costs in NW
By floor space, homes in NW have sold for about £9,170 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
The national median for England and Wales is £285,000, which puts NW 112% above the country at large.
A typical NW home, priced year by year (1995 to 2026)
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £603,000 | £603,000 | 1,355 |
| 2025 | £637,000 | £652,233 | 4,585 |
| 2024 | £670,000 | £712,348 | 4,866 |
| 2023 | £650,000 | £714,191 | 4,161 |
| 2022 | £635,000 | £744,610 | 5,662 |
| 2021 | £600,000 | £759,677 | 6,232 |
| 2020 | £600,000 | £778,512 | 4,210 |
| 2019 | £570,000 | £747,134 | 4,439 |
| 2018 | £559,400 | £745,691 | 4,693 |
| 2017 | £600,000 | £818,340 | 4,866 |
| 2016 | £535,000 | £748,470 | 6,199 |
| 2015 | £525,000 | £741,825 | 6,440 |
| 2014 | £500,000 | £709,337 | 6,706 |
| 2013 | £442,500 | £636,713 | 6,554 |
| 2012 | £405,000 | £596,109 | 5,543 |
| 2011 | £395,000 | £596,298 | 5,709 |
| 2010 | £393,500 | £617,109 | 5,925 |
| 2009 | £350,000 | £562,628 | 4,539 |
| 2008 | £330,000 | £540,940 | 5,026 |
| 2007 | £334,000 | £566,557 | 9,517 |
| 2006 | £300,000 | £520,762 | 9,583 |
| 2005 | £277,500 | £493,838 | 7,727 |
| 2004 | £260,000 | £472,211 | 8,860 |
| 2003 | £247,500 | £455,955 | 8,548 |
| 2002 | £235,000 | £442,150 | 10,281 |
| 2001 | £197,500 | £379,684 | 9,994 |
| 2000 | £182,500 | £358,156 | 9,585 |
| 1999 | £150,000 | £298,942 | 10,397 |
| 1998 | £128,000 | £258,377 | 9,349 |
| 1997 | £115,000 | £235,842 | 9,981 |
| 1996 | £95,000 | £200,351 | 8,880 |
| 1995 | £87,000 | £189,125 | 7,191 |
In cash terms the typical NW home went from £87,000 in 1995 to £603,000 in 2026, roughly 7 times the price. Adjusted for inflation it still comes to a real rise of roughly 219%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2017. The market now sits about 26% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NW median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2000 (+21.7% on the year before); the weakest, 2018 (−6.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NW has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −5.3% | −7.5% |
| 5 years (since 2021) | +0.1% | −4.5% |
| 10 years (since 2016) | +1.2% | −2.1% |
| 20 years (since 2006) | +3.6% | +0.7% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of flats dominate the record here, 68% of the typed total. A detached home currently trades at £1,583,800 against £515,000 for a flat, 3.1 times the price.
Median by property type, NW
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £1,583,800 | 47 | 8,374 |
| Semi-detached | £775,000 | 175 | 27,386 |
| Terraced | £892,500 | 228 | 34,085 |
| Flats | £515,000 | 905 | 147,758 |
Sales activity in NW
How many homes change hands
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The monthly pulse, last five years
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
The register shows 3,032 NW sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 9,262 sales a year before the financial crisis and 4,126 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What tenants pay around NW
For renting purposes NW sits in Camden, the local authority covering most of the NW area (parts fall under Barnet and Brent, where rents differ). The ONS average private rent there is £2,759 a month (May 2026). Size sets most of the rent: one-beds average £2,008 a month here against £3,890 for four or more bedrooms.
Average monthly rent by size, Camden
ONS Price Index of Private Rents, May 2026.
Against the £603,000 median purchase price, a rent of £2,759 a month (£33,108 a year) works out at a 5.5% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Common questions on NW (North West London)
Are property prices falling in NW (North West London)?
Is NW (North West London) a good place to buy a house?
How much did a house sell for in NW (North West London)?
Are NW prices heading up or down?
No honest page predicts prices, so this one sticks to the record: the median is roughly flat over five years in cash but down 21% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
What you could buy in NW now
Everything above is what homes in NW sold for. This is what you could actually buy today: 1,293 homes currently on the market from 22 agents publishing to HomesIndex, at a typical asking price 14% above the NW median sold price.
25% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every NW home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
What another bedroom costs in NW
Real sold prices by size across the NW area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | — | £992,500 | £1,400,000 (+41%) | £2,225,000 (+59%) |
| Semi-detached | — | £568,000 | £680,000 (+20%) | £969,000 (+43%) | £1,525,000 (+57%) |
| Terraced | £490,000 | £545,000 (+11%) | £720,000 (+32%) | £1,150,000 (+60%) | £1,850,000 (+61%) |
| Flat | £424,334 | £586,000 (+38%) | £922,500 (+57%) | £1,675,000 (+82%) | £2,550,500 (+52%) |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the NW area is the point: the same five years treated these districts very differently.
Winners and losers across the NW area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
District by district
The area medians above hide a lot. Here is every NW district with enough sales to measure, dearest first; each links to its own full report.
| District | Median (2026) | 5-year | Sales |
|---|---|---|---|
| NW3 Hampstead, Belsize Park | £872,500 | -12% | 176 |
| NW11 Golders Green, Temple Fortune | £822,500 | -17% | 74 |
| NW8 St John's Wood, Primrose Hill (south) | £725,000 | -17% | 73 |
| NW6 Kilburn, Brondesbury | £645,600 | -8% | 211 |
| NW7 Mill Hill | £633,000 | +7% | 108 |
| NW1 Euston, Regent's Park | £630,000 | -10% | 112 |
| NW5 Kentish Town, Dartmouth Park | £615,000 | -6% | 86 |
| NW4 Hendon | £562,600 | +13% | 66 |
| NW2 Cricklewood, Dollis Hill | £550,000 | +3% | 118 |
| NW10 Willesden, Harlesden | £534,000 | -1% | 158 |
| NW9 The Hyde, Kingsbury | £395,000 | -12% | 173 |
Selling a home in NW? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NW, open the average prices map and zoom from the NW shading down to the sold homes on your own street. Every recorded NW sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim NW.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NW. Free, with a one click sign in.
See every individual NW sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.