Local market reports › NW area › NW7 › NW7 2
Mill Hill market report NW7 2, London
The NW7 2 (Mill Hill) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 3,902 sales recorded by HM Land Registry in NW7 2 (London) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the middle 2026 sale in NW7 2 (London) came in at £630,500, out of 28 registered, up 1% on five years earlier, and the mean stands at £608,600, and by floor area homes here have averaged about £6,570 per square metre over the last five years. The record behind it is 3,902 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
NW7 2 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 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 buyers actually paid in NW7 2
In the NW7 2 property market, the 2026 median sale price is £630,500, from 28 registered sales; the mean, the "average house price" most sites quote, is £608,600, sitting almost on top of it, so sales bunch tightly around the typical price.
What a square metre costs in NW7 2
Per square metre, NW7 2 homes have averaged around £6,570 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
For scale: the England and Wales median is £285,000, so NW7 2 trades 121% above the country as a whole.
NW7 2's median sold price, 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 | £630,500 | £630,500 | 28 |
| 2025 | £705,000 | £721,859 | 72 |
| 2024 | £700,000 | £744,244 | 70 |
| 2023 | £665,000 | £730,673 | 68 |
| 2022 | £635,000 | £744,610 | 71 |
| 2021 | £625,000 | £791,331 | 95 |
| 2020 | £612,000 | £794,083 | 67 |
| 2019 | £531,500 | £696,669 | 73 |
| 2018 | £555,000 | £739,825 | 69 |
| 2017 | £553,500 | £754,918 | 78 |
| 2016 | £528,800 | £739,796 | 102 |
| 2015 | £475,000 | £671,175 | 140 |
| 2014 | £460,000 | £652,590 | 131 |
| 2013 | £385,000 | £553,977 | 118 |
| 2012 | £320,000 | £471,000 | 85 |
| 2011 | £335,000 | £505,721 | 111 |
| 2010 | £335,000 | £525,366 | 109 |
| 2009 | £300,000 | £482,253 | 73 |
| 2008 | £285,000 | £467,175 | 104 |
| 2007 | £334,000 | £566,557 | 207 |
| 2006 | £270,000 | £468,686 | 195 |
| 2005 | £255,000 | £453,797 | 111 |
| 2004 | £270,000 | £490,373 | 147 |
| 2003 | £250,000 | £460,561 | 182 |
| 2002 | £220,000 | £413,928 | 172 |
| 2001 | £170,000 | £326,816 | 157 |
| 2000 | £160,000 | £314,000 | 159 |
| 1999 | £150,000 | £298,942 | 249 |
| 1998 | £115,000 | £232,136 | 177 |
| 1997 | £107,000 | £219,435 | 148 |
| 1996 | £97,500 | £205,623 | 185 |
| 1995 | £108,000 | £234,775 | 149 |
In cash terms the typical NW7 2 home went from £108,000 in 1995 to £630,500 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 169%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2020; the current median sits about 21% below that. Someone who bought at the 2020 peak has not yet seen that price back in real terms.
Year-on-year change in the NW7 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 1999 (+30.4% on the year before); the weakest, 2008 (−14.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NW7 2 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −10.6% | −12.7% |
| 5 years (since 2021) | +0.2% | −4.4% |
| 10 years (since 2016) | +1.8% | −1.6% |
| 20 years (since 2006) | +4.3% | +1.5% |
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.
How many homes change hands in NW7 2
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.
NW7 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 166 sales a year before the financial crisis and 62 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.
The rental side of NW7 2
NW7 2 falls under Barnet, where the ONS puts the average private rent at £1,934 a month (May 2026 figures). The spread runs from £1,487 a month for a typical one-bed to £3,174 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Barnet
ONS Price Index of Private Rents, May 2026.
Set against the £630,500 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.
How NW7 2 trades
Only 28 sales completed here in the last twelve months of data, which makes NW7 2 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
NW7 2 (Mill Hill): the questions that come up
Are property prices falling in NW7 2 (Mill Hill)?
Is NW7 2 (Mill Hill) a good place to buy a house?
How much did a house sell for in NW7 2 (Mill Hill)?
What happens to NW7 2 prices now?
No honest page predicts prices, so this one sticks to the record: the median is roughly flat over five years in cash but down 20% 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 NW7 now
Turning to what is actually available: 74 homes on the market right now, from 10 agents publishing to HomesIndex.
These cover the whole NW7 district, not just NW7 2: live asking prices are collected per district.
Of everything listed here, 22% asks less than the sold record of comparable homes. 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 →
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.
The price of an extra bedroom in NW
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
A few minutes' walk can separate two very different markets. Here are NW7's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NW7 1 | £630,000 | 38 |
| 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 2? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NW7 2, open the average prices map and zoom from the NW7 2 shading down to the sold homes on your own street. Every recorded NW7 2 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 NW7 2.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to NW7 2. Free after a one click sign in.
The live map plots every individual NW7 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.
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.