Local market reports › NW area › NW7 › NW7 3
Mill Hill market report NW7 3, London
The standing NW7 3 (Mill Hill) property market report, rebuilt from the full public record every month. Everything below comes from 2,830 sales recorded by HM Land Registry in NW7 3 (London) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: 18 registered 2026 sales put the NW7 3 (London) median at £612,500, down 9% on five years earlier, with a mean of £645,400, and by floor area homes here have averaged about £6,110 per square metre over the last five years. Everything rests on 2,830 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
NW7 3 is a postcode sector: one group of streets inside NW7 (London). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where NW7 3 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.
Today's NW7 3 prices, from the sold record
Across 18 registered 2026 sales, the typical (median) NW7 3 home went for £612,500. The mean is £645,400, somewhat above it, as happens wherever a market carries an expensive tail.
What a square metre costs in NW7 3
The last five years of sales put NW7 3 at roughly £6,110 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 3 sits 115% above the national market.
A typical NW7 3 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 | £612,500 | £612,500 | 18 |
| 2025 | £700,000 | £716,739 | 49 |
| 2024 | £695,000 | £738,928 | 72 |
| 2023 | £773,800 | £850,217 | 40 |
| 2022 | £640,000 | £750,473 | 67 |
| 2021 | £675,000 | £854,637 | 83 |
| 2020 | £605,000 | £785,000 | 59 |
| 2019 | £580,000 | £760,241 | 49 |
| 2018 | £685,000 | £913,118 | 56 |
| 2017 | £555,000 | £756,964 | 55 |
| 2016 | £553,500 | £774,352 | 96 |
| 2015 | £542,500 | £766,553 | 82 |
| 2014 | £410,000 | £581,657 | 96 |
| 2013 | £310,000 | £446,059 | 80 |
| 2012 | £417,500 | £614,508 | 89 |
| 2011 | £305,000 | £460,433 | 67 |
| 2010 | £367,800 | £576,805 | 77 |
| 2009 | £300,000 | £482,253 | 50 |
| 2008 | £311,000 | £509,795 | 72 |
| 2007 | £331,800 | £562,825 | 134 |
| 2006 | £310,000 | £538,120 | 117 |
| 2005 | £288,800 | £513,948 | 80 |
| 2004 | £250,000 | £454,049 | 131 |
| 2003 | £207,500 | £382,265 | 114 |
| 2002 | £205,000 | £385,706 | 152 |
| 2001 | £176,000 | £338,351 | 125 |
| 2000 | £165,000 | £323,813 | 113 |
| 1999 | £129,000 | £257,090 | 136 |
| 1998 | £137,800 | £278,159 | 122 |
| 1997 | £90,000 | £184,572 | 170 |
| 1996 | £86,800 | £183,057 | 99 |
| 1995 | £85,500 | £185,864 | 80 |
In cash terms the typical NW7 3 home went from £85,500 in 1995 to £612,500 in 2026, roughly 7 times the price. Adjusted for inflation it still comes to a real rise of roughly 230%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2018. The market now sits about 33% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NW7 3 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 1998 (+53.1% on the year before); the weakest, 2013 (−25.7%). 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) | −12.5% | −14.5% |
| 5 years (since 2021) | −1.9% | −6.4% |
| 10 years (since 2016) | +1.0% | −2.3% |
| 20 years (since 2006) | +3.5% | +0.6% |
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.
Transaction volumes
Sales per year, counted
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 18 NW7 3 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 121 sales a year before the financial crisis and 49 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 homes rent for around NW7 3
For renting purposes NW7 3 sits in Barnet. The ONS average private rent there is £1,934 a month (May 2026). 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.
£1,934 a month is £23,208 a year, which against the £612,500 median sold price makes a gross yield of 3.8%. 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.
What kind of market NW7 3 is
Only 18 sales completed here in the last twelve months of data, which makes NW7 3 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing.
What people ask about NW7 3 (Mill Hill)
Are property prices falling in NW7 3 (Mill Hill)?
Is NW7 3 (Mill Hill) a good place to buy a house?
How much did a house sell for in NW7 3 (Mill Hill)?
Will NW7 3 prices rise from here?
The record answers a different question than "what happens next": the median is down 9% over five years in cash but down 28% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What is for sale in NW7 right now
The live side of the market holds 74 homes at the moment, listed by 10 agents publishing to HomesIndex.
These cover the whole NW7 district, not just NW7 3: 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.
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 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.
Moving up a bedroom in NW: the cost
Real sold prices by size across the NW area, straight 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.
NW area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in NW7
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of NW7, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NW7 1 | £630,000 | 38 |
| NW7 2 | £630,500 | 28 |
| 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.
Thinking of selling in NW7 3? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NW7 3, open the average prices map and zoom from the NW7 3 shading down to the sold homes on your own street. Every recorded NW7 3 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim NW7 3.
Keep digging
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NW7 3. Free, with a one click sign in.
See every individual NW7 3 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale 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.