Local market reports › NW area › NW3 › NW3 1
Hampstead market report NW3 1, London
The standing NW3 1 (Hampstead) property market report, rebuilt from the full public record every month. The raw material for this page is 2,467 HM Land Registry entries for NW3 1 (London), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the typical home in NW3 1 (London) sold for £1,310,000 in 2026, the median of 21 registered sales, down 21% on five years earlier. The mean was £2,416,200, and by floor area homes here have averaged about £15,600 per square metre over the last five years. The figures cover 2,467 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
A postcode sector like NW3 1 is a single group of streets within NW3 (London), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where NW3 1 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.
What NW3 1 homes really sell for
21 sales were registered in NW3 1 in 2026, and the middle one of them, the median, went for £1,310,000. The mean works out at £2,416,200, well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
House prices per square metre in NW3 1
The last five years of sales put NW3 1 at roughly £15,600 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
The national median for England and Wales is £285,000, which puts NW3 1 360% above the country at large.
NW3 1's median sold price, 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 | £1,310,000 | £1,310,000 | 21 |
| 2025 | £1,412,000 | £1,445,765 | 61 |
| 2024 | £1,370,000 | £1,456,591 | 58 |
| 2023 | £2,200,000 | £2,417,263 | 48 |
| 2022 | £2,100,000 | £2,462,490 | 78 |
| 2021 | £1,650,000 | £2,089,113 | 73 |
| 2020 | £1,300,000 | £1,686,777 | 67 |
| 2019 | £1,675,000 | £2,195,524 | 41 |
| 2018 | £1,336,200 | £1,781,180 | 52 |
| 2017 | £1,530,000 | £2,086,766 | 61 |
| 2016 | £1,265,000 | £1,769,748 | 49 |
| 2015 | £1,080,000 | £1,526,040 | 67 |
| 2014 | £1,410,000 | £2,000,331 | 63 |
| 2013 | £1,215,000 | £1,748,264 | 64 |
| 2012 | £972,000 | £1,430,663 | 41 |
| 2011 | £955,000 | £1,441,683 | 60 |
| 2010 | £685,000 | £1,074,256 | 87 |
| 2009 | £800,000 | £1,286,007 | 60 |
| 2008 | £925,000 | £1,516,270 | 59 |
| 2007 | £838,500 | £1,422,330 | 106 |
| 2006 | £740,000 | £1,284,545 | 121 |
| 2005 | £535,000 | £952,084 | 101 |
| 2004 | £571,700 | £1,038,319 | 102 |
| 2003 | £450,000 | £829,009 | 87 |
| 2002 | £425,000 | £799,634 | 118 |
| 2001 | £500,000 | £961,224 | 93 |
| 2000 | £360,000 | £706,500 | 105 |
| 1999 | £325,000 | £647,708 | 102 |
| 1998 | £320,000 | £645,943 | 111 |
| 1997 | £265,000 | £543,462 | 138 |
| 1996 | £205,000 | £432,336 | 95 |
| 1995 | £178,500 | £388,032 | 78 |
In cash terms the typical NW3 1 home went from £178,500 in 1995 to £1,310,000 in 2026, roughly 7 times the price. Inflation explains only part of it: in today's money the rise is still about 238%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2022; the current median sits about 47% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the NW3 1 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 2011 (+39.4% on the year before); the weakest, 2024 (−37.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −7.2% | −9.4% |
| 5 years (since 2021) | −4.5% | −8.9% |
| 10 years (since 2016) | +0.4% | −3.0% |
| 20 years (since 2006) | +2.9% | +0.1% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
The turnover behind the prices
How many homes change hands
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
NW3 1 recorded 21 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 104 sales a year before the financial crisis and 53 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 kind of market NW3 1 is
Only 21 sales completed here in the last twelve months of data, which makes NW3 1 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Against the NW3 district median, NW3 1 sits 50% higher, marking it as a dearer pocket of the district.
The rental side of NW3 1
NW3 1 falls under Camden, where the ONS puts the average private rent at £2,759 a month (May 2026 figures). A one-bed averages £2,008 a month here and a four-or-more-bed £3,890, so size does most of the work in setting the rent.
Average monthly rent by size, Camden
ONS Price Index of Private Rents, May 2026.
£2,759 a month is £33,108 a year, which against the £1,310,000 median sold price makes a gross yield of 2.5%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Asked and answered: NW3 1 (Hampstead)
How much did a house sell for in NW3 1 (Hampstead)?
Are property prices falling in NW3 1 (Hampstead)?
Is NW3 1 (Hampstead) a good place to buy a house?
Are NW3 1 prices heading up or down?
Prediction is not this page's business. Its business is the record, which says: the median is down 21% over five years in cash but down 37% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
NW3's current homes for sale
This is what you could actually buy today: 146 homes currently on the market from 12 agents publishing to HomesIndex.
These cover the whole NW3 district, not just NW3 1: live asking prices are collected per district.
Of everything listed here, 24% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every NW3 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.
Bedroom by bedroom: NW prices by size
What homes of each size actually sold for across the NW area, from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| 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%) |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. 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.
NW area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in NW3
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of NW3, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NW3 2 | £750,000 | 28 |
| NW3 3 | £770,000 | 20 |
| NW3 4 | £700,000 | 35 |
| NW3 5 | £1,111,500 | 20 |
| NW3 6 | £816,000 | 26 |
| NW3 7 | £1,160,000 | 26 |
Zoom out to the full NW3 district report for the type split, monthly volumes and how NW3 compares with its neighbours.
Thinking of selling in NW3 1? Get a rough value first
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in NW3 1, use the average prices map for a rough value: zoom from NW3 1's shading down to the sold homes on your own street. The figures above are every recorded NW3 1 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim NW3 1.
Keep digging
Behind the answers sits the same Land Registry record as this page, with NW3 1 already set as the subject. Free, one click sign in.
The live map plots every individual NW3 1 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.