Local market reports › NW area › NW3 › NW3 2
Hampstead market report NW3 2, London
The NW3 2 (Hampstead) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 5,800 completed sales registered with HM Land Registry in NW3 2 (London) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the middle 2026 sale in NW3 2 (London) came in at £750,000, out of 28 registered, down 3% on five years earlier, and the mean stands at £1,358,700, and by floor area homes here have averaged about £12,160 per square metre over the last five years. The record behind it is 5,800 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
NW3 2 is one sector of NW3 (London): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where NW3 2 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 2 homes really sell for
The 2026 median for NW3 2 is £750,000, taken from 28 registered sales. The mean, which is what most sites call the "average house price", is £1,358,700, a long way above it, which tells you a few very expensive sales are pulling the average up.
Price per square metre in NW3 2
A square metre of NW3 2 home has cost about £12,160 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
The national median for England and Wales is £285,000, which puts NW3 2 163% above the country at large.
A typical NW3 2 home, priced year by year (1995 to 2026)
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £750,000 | £750,000 | 28 |
| 2025 | £855,000 | £875,446 | 133 |
| 2024 | £760,000 | £808,036 | 145 |
| 2023 | £675,000 | £741,660 | 139 |
| 2022 | £860,000 | £1,008,448 | 130 |
| 2021 | £775,000 | £981,250 | 171 |
| 2020 | £850,000 | £1,102,893 | 107 |
| 2019 | £830,000 | £1,087,931 | 105 |
| 2018 | £800,000 | £1,066,415 | 108 |
| 2017 | £723,800 | £987,191 | 162 |
| 2016 | £755,800 | £1,057,372 | 122 |
| 2015 | £677,500 | £957,308 | 136 |
| 2014 | £729,500 | £1,034,923 | 164 |
| 2013 | £617,500 | £888,521 | 168 |
| 2012 | £560,000 | £824,250 | 149 |
| 2011 | £465,000 | £701,971 | 174 |
| 2010 | £457,500 | £717,478 | 202 |
| 2009 | £433,800 | £697,337 | 140 |
| 2008 | £457,500 | £749,939 | 112 |
| 2007 | £455,000 | £771,807 | 263 |
| 2006 | £375,000 | £650,952 | 294 |
| 2005 | £325,000 | £578,369 | 227 |
| 2004 | £315,000 | £572,102 | 224 |
| 2003 | £272,800 | £502,564 | 222 |
| 2002 | £290,000 | £545,632 | 261 |
| 2001 | £270,000 | £519,061 | 221 |
| 2000 | £250,000 | £490,625 | 212 |
| 1999 | £187,000 | £372,681 | 275 |
| 1998 | £168,000 | £339,120 | 238 |
| 1997 | £135,000 | £276,858 | 251 |
| 1996 | £135,700 | £286,185 | 292 |
| 1995 | £125,000 | £271,731 | 225 |
In cash terms the typical NW3 2 home went from £125,000 in 1995 to £750,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 176%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2020. The market now sits about 32% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NW3 2 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 (+33.7% on the year before); the weakest, 2023 (−21.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −12.3% | −14.3% |
| 5 years (since 2021) | −0.7% | −5.2% |
| 10 years (since 2016) | −0.1% | −3.4% |
| 20 years (since 2006) | +3.5% | +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.
Sales activity in NW3 2
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
NW3 2 recorded 28 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 241 sales a year before the financial crisis and 115 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
What kind of market NW3 2 is
Only 28 sales completed here in the last twelve months of data, which makes NW3 2 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. Within NW3, this sector trades 14% below the district median: one of its district's cheaper corners.
Rents around NW3 2
NW3 2 falls under Camden, where the ONS puts the average private rent at £2,759 a month (May 2026 figures). 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.
Set against the £750,000 median sold price, £2,759 a month is £33,108 a year, a gross yield of 4.4%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Asked and answered: NW3 2 (Hampstead)
Is NW3 2 (Hampstead) a good place to buy a house?
How much did a house sell for in NW3 2 (Hampstead)?
Are property prices falling in NW3 2 (Hampstead)?
What happens to NW3 2 prices now?
That question has no honest answer, only evidence. The evidence: the median is down 3% over five years in cash but down 24% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What is for sale in NW3 right now
The live side of the market holds 146 homes at the moment, listed by 12 agents publishing to HomesIndex.
These cover the whole NW3 district, not just NW3 2: live asking prices are collected per district.
24% 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 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.
What another bedroom costs in NW
What homes of each size actually sold for across the NW area, from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| 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. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the NW area is the point: the same five years treated these districts very differently.
Five-year change in the median, NW area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in NW3
Sector boundaries hide real price steps. The rest of NW3, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NW3 1 | £1,310,000 | 21 |
| 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.
Selling in NW3 2? Start from the sold record
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in NW3 2, use the average prices map for a rough value: zoom from NW3 2's shading down to the sold homes on your own street. The figures above are every recorded NW3 2 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working NW3 2: the featured spot on this report is free for founding agents, one per district. Claim NW3 2.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NW3 2. Free, with a one click sign in.
The live map plots every individual NW3 2 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.