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Mill Hill market report NW7 1, London
The NW7 1 (Mill Hill) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 4,410 registered sales in NW7 1 (London) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in NW7 1 (London) sold for £630,000 in 2026, the median of 38 registered sales, up 10% on five years earlier. The mean was £624,400, and by floor area homes here have averaged about £6,900 per square metre over the last five years. The figures cover 4,410 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
NW7 1 is one sector of NW7 (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 NW7 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 NW7 1 homes really sell for
The NW7 1 median stands at £630,000 for 2026, built from 38 registered sales; the mean, the figure usually quoted as the "average house price", is £624,400, practically level with it: prices here bunch tightly around the middle.
What a square metre costs in NW7 1
The last five years of sales put NW7 1 at roughly £6,900 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, NW7 1 sits 121% above the national market.
NW7 1's median sold price, 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 | £630,000 | £630,000 | 38 |
| 2025 | £585,000 | £598,989 | 137 |
| 2024 | £540,000 | £574,131 | 145 |
| 2023 | £556,500 | £611,458 | 142 |
| 2022 | £580,000 | £680,116 | 429 |
| 2021 | £575,000 | £728,024 | 422 |
| 2020 | £550,000 | £713,636 | 235 |
| 2019 | £573,100 | £751,197 | 168 |
| 2018 | £590,000 | £786,481 | 114 |
| 2017 | £593,700 | £809,747 | 202 |
| 2016 | £535,000 | £748,470 | 241 |
| 2015 | £557,500 | £787,748 | 209 |
| 2014 | £565,000 | £801,551 | 122 |
| 2013 | £406,000 | £584,193 | 106 |
| 2012 | £385,000 | £566,672 | 111 |
| 2011 | £362,000 | £546,481 | 107 |
| 2010 | £312,500 | £490,080 | 98 |
| 2009 | £250,000 | £401,877 | 91 |
| 2008 | £280,000 | £458,979 | 65 |
| 2007 | £315,000 | £534,328 | 121 |
| 2006 | £291,000 | £505,139 | 136 |
| 2005 | £277,500 | £493,838 | 77 |
| 2004 | £280,000 | £508,535 | 151 |
| 2003 | £280,000 | £515,828 | 209 |
| 2002 | £245,000 | £460,965 | 143 |
| 2001 | £191,200 | £367,572 | 62 |
| 2000 | £170,500 | £334,606 | 54 |
| 1999 | £155,000 | £308,907 | 63 |
| 1998 | £135,000 | £272,507 | 61 |
| 1997 | £117,500 | £240,969 | 55 |
| 1996 | £99,000 | £208,787 | 46 |
| 1995 | £77,500 | £168,473 | 50 |
In cash terms the typical NW7 1 home went from £77,500 in 1995 to £630,000 in 2026, roughly 8 times the price. Inflation explains only part of it: in today's money the rise is still about 274%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2017; the current median sits about 22% below that. Someone who bought at the 2017 peak has not yet seen that price back in real terms.
Year-on-year change in the NW7 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 2014 (+39.2% on the year before); the weakest, 2008 (−11.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NW7 1 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +7.7% | +5.2% |
| 5 years (since 2021) | +1.8% | −2.9% |
| 10 years (since 2016) | +1.6% | −1.7% |
| 20 years (since 2006) | +3.9% | +1.1% |
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.
Sales activity in NW7 1
The year-by-year sales count
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 register shows 38 NW7 1 sales across the most recent twelve months of data. Unusually, activity here runs above its pre-2008 level: 178 sales a year over the last five years against 119 before the financial crisis. 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.
How NW7 1 trades
This is a thin market: 38 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict.
The rental side of NW7 1
NW7 1 falls under Barnet, where the ONS puts the average private rent at £1,934 a month (May 2026 figures). A one-bed averages £1,487 a month here and a four-or-more-bed £3,174, so size does most of the work in setting the rent.
Average monthly rent by size, Barnet
ONS Price Index of Private Rents, May 2026.
Set against the £630,000 median sold price, £1,934 a month is £23,208 a year, a gross yield of 3.7%: 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.
What people ask about NW7 1 (Mill Hill)
Are property prices falling in NW7 1 (Mill Hill)?
Is NW7 1 (Mill Hill) a good place to buy a house?
How much did a house sell for in NW7 1 (Mill Hill)?
Are NW7 1 prices heading up or down?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 10% over five years in cash but down 13% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
What you could buy in NW7 now
This is what you could actually buy today: 74 homes currently on the market from 10 agents publishing to HomesIndex.
These cover the whole NW7 district, not just NW7 1: live asking prices are collected per district.
22% 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 NW7 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Bedroom by bedroom: NW prices by size
Real sold prices by size across the NW area, straight 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%) |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit 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.
Other sectors in NW7
Sector boundaries hide real price steps. The rest of NW7, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NW7 2 | £630,500 | 28 |
| NW7 3 | £612,500 | 18 |
| NW7 4 | £925,000 | 24 |
Zoom out to the full NW7 district report for the type split, monthly volumes and how NW7 compares with its neighbours.
Selling in NW7 1? 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 NW7 1, use the average prices map for a rough value: zoom from NW7 1's shading down to the sold homes on your own street. The figures above are every recorded NW7 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 NW7 1.
Go deeper
The AI answers from the same Land Registry data this report is built on, already scoped to NW7 1. Free after a one click sign in.
The live map plots every individual NW7 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.
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.