Local market reports › NW area › NW3
Hampstead market report NW3, London
The NW3 (Hampstead) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 27,514 sales registered with HM Land Registry in NW3 (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.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the 2026 median for NW3 (London) is £872,500, from 176 registered sales, down 12% on five years earlier; the mean is £1,360,100, and by floor area homes here have averaged about £12,700 per square metre over the last five years. Behind the figures sit 27,514 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
NW3 is a postcode district covering Hampstead, Belsize Park, Frognal in London. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where NW3 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 a home in NW3 sells for
Take the 176 registered 2026 sales in NW3 and the middle price, the median, is £872,500. The mean lands at £1,360,100, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
House prices per square metre in NW3
The last five years of sales put NW3 at roughly £12,700 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.
Set against the £285,000 England and Wales median, NW3 sits 206% above the national market.
A typical NW3 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £872,500 | £872,500 | 176 |
| 2025 | £1,000,000 | £1,023,913 | 617 |
| 2024 | £1,000,000 | £1,063,205 | 658 |
| 2023 | £1,053,000 | £1,156,990 | 547 |
| 2022 | £1,095,000 | £1,284,012 | 636 |
| 2021 | £993,800 | £1,258,279 | 756 |
| 2020 | £1,000,000 | £1,297,521 | 505 |
| 2019 | £1,050,000 | £1,376,299 | 523 |
| 2018 | £993,800 | £1,324,754 | 498 |
| 2017 | £977,500 | £1,333,212 | 574 |
| 2016 | £925,000 | £1,294,084 | 585 |
| 2015 | £950,000 | £1,342,350 | 678 |
| 2014 | £895,000 | £1,269,714 | 811 |
| 2013 | £805,000 | £1,158,315 | 802 |
| 2012 | £720,000 | £1,059,750 | 715 |
| 2011 | £670,000 | £1,011,442 | 754 |
| 2010 | £615,000 | £964,478 | 897 |
| 2009 | £560,000 | £900,205 | 655 |
| 2008 | £550,000 | £901,566 | 606 |
| 2007 | £525,000 | £890,546 | 1,121 |
| 2006 | £470,000 | £815,860 | 1,378 |
| 2005 | £430,000 | £765,227 | 1,074 |
| 2004 | £396,200 | £719,577 | 1,080 |
| 2003 | £360,000 | £663,207 | 941 |
| 2002 | £352,500 | £663,226 | 1,241 |
| 2001 | £333,800 | £641,713 | 1,152 |
| 2000 | £300,000 | £588,750 | 1,287 |
| 1999 | £245,000 | £488,272 | 1,354 |
| 1998 | £200,000 | £403,714 | 1,175 |
| 1997 | £188,100 | £385,755 | 1,412 |
| 1996 | £160,000 | £337,433 | 1,292 |
| 1995 | £142,500 | £309,773 | 1,014 |
In cash terms the typical NW3 home went from £142,500 in 1995 to £872,500 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 182%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2019. The market now sits about 37% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NW3 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 1999 (+22.5% on the year before); the weakest, 2026 (−12.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NW3 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −12.7% | −14.8% |
| 5 years (since 2021) | −2.6% | −7.1% |
| 10 years (since 2016) | −0.6% | −3.9% |
| 20 years (since 2006) | +3.1% | +0.3% |
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, 82% of the typed total. In 2025, the last year both were recorded here, a detached home traded at £5,362,500 against £867,500 for a flat, 6.2 times the price.
Median by property type, NW3
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 | £5,362,500 (2025) | – | 920 |
| Semi-detached | £3,575,000 | 10 | 1,309 |
| Terraced | £2,080,000 | 19 | 2,729 |
| Flats | £762,500 | 144 | 22,553 |
Sales activity in NW3
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.
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 394 NW3 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 1,159 sales a year before the financial crisis and 527 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.
Reading the NW3 market
By median price, NW3 presently tops its postcode area.
Rents around NW3
NW3 falls under Camden, where the ONS puts the average private rent at £2,759 a month (May 2026 figures). The spread runs from £2,008 a month for a typical one-bed to £3,890 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Camden
ONS Price Index of Private Rents, May 2026.
Set against the £872,500 median sold price, £2,759 a month is £33,108 a year, a gross yield of 3.8%: 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.
Common questions on NW3 (Hampstead)
Is NW3 (Hampstead) a good place to buy a house?
How much did a house sell for in NW3 (Hampstead)?
Are property prices falling in NW3 (Hampstead)?
Where do NW3 prices go next?
Prediction is not this page's business. Its business is the record, which says: the median is down 12% over five years in cash but down 31% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What is for sale in NW3 right now
Everything above is what homes in NW3 sold for. This is what you could actually buy today: 146 homes currently on the market from 12 agents publishing to HomesIndex, at a typical asking price 68% above the NW3 median sold price.
24% of current listings sit under the prices comparable homes actually fetched. Each listing is compared with recent recorded sales of similar homes nearby.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every NW3 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Bedroom by bedroom: NW prices by size
The Land Registry record, split by size: what each kind of home actually sold for across the NW area. 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%) |
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
NW3 ranks 8 of 11 in the NW area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
NW area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside NW3, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NW3 1 | £1,310,000 | 21 |
| 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 |
How NW3 compares nearby
Same city, different markets. The neighbouring districts of the NW area, dearest first:
| District | Median | 5-year |
|---|---|---|
| NW3 (this report) | £872,500 | -12% |
| NW11 | £822,500 | -17% |
| NW8 | £725,000 | -17% |
| NW6 | £645,600 | -8% |
| NW7 | £633,000 | +7% |
| NW1 | £630,000 | -10% |
| NW5 | £615,000 | -6% |
| NW4 | £562,600 | +13% |
| NW2 | £550,000 | +3% |
| NW10 | £534,000 | -1% |
| NW9 | £395,000 | -12% |
Before you sell in NW3: what the record supports
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NW3, open the average prices map and zoom from the NW3 shading down to the sold homes on your own street. Every recorded NW3 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim NW3.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NW3. Free, with a one click sign in.
Two maps carry on from here: every NW3 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices 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.