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Mill Hill market report NW7 4, London
The NW7 4 (Mill Hill) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 2,523 HM Land Registry entries for NW7 4 (London), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: a typical NW7 4 (London) home changed hands for £925,000 in 2026 (median of 24 registered sales, up 3% on five years earlier), with the mean at £1,242,900, and by floor area homes here have averaged about £7,470 per square metre over the last five years. Source: 2,523 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
NW7 4 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 4 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 4
The NW7 4 median stands at £925,000 for 2026, built from 24 registered sales; the mean, the figure usually quoted as the "average house price", is £1,242,900, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
Price per square metre in NW7 4
Measured by floor area, the last five years of NW7 4 sales average about £7,470 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
Against a national (England and Wales) median of £285,000, NW7 4 runs 225% above it.
NW7 4'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 | £925,000 | £925,000 | 24 |
| 2025 | £1,050,000 | £1,075,109 | 55 |
| 2024 | £960,300 | £1,020,996 | 65 |
| 2023 | £1,280,000 | £1,406,407 | 49 |
| 2022 | £1,205,000 | £1,413,000 | 69 |
| 2021 | £895,000 | £1,133,185 | 80 |
| 2020 | £877,500 | £1,138,574 | 62 |
| 2019 | £782,500 | £1,025,670 | 46 |
| 2018 | £898,000 | £1,197,051 | 45 |
| 2017 | £1,050,000 | £1,432,095 | 75 |
| 2016 | £892,500 | £1,248,616 | 116 |
| 2015 | £850,000 | £1,201,050 | 101 |
| 2014 | £695,000 | £985,979 | 83 |
| 2013 | £632,500 | £910,104 | 86 |
| 2012 | £585,000 | £861,047 | 66 |
| 2011 | £540,000 | £815,192 | 73 |
| 2010 | £535,000 | £839,018 | 90 |
| 2009 | £345,000 | £554,590 | 90 |
| 2008 | £417,000 | £683,551 | 77 |
| 2007 | £382,500 | £648,827 | 99 |
| 2006 | £426,000 | £739,482 | 99 |
| 2005 | £402,500 | £716,288 | 78 |
| 2004 | £403,000 | £731,927 | 94 |
| 2003 | £360,000 | £663,207 | 87 |
| 2002 | £290,000 | £545,632 | 107 |
| 2001 | £250,000 | £480,612 | 86 |
| 2000 | £211,800 | £415,658 | 78 |
| 1999 | £189,000 | £376,667 | 102 |
| 1998 | £180,000 | £363,343 | 77 |
| 1997 | £132,000 | £270,705 | 115 |
| 1996 | £130,800 | £275,851 | 66 |
| 1995 | £120,000 | £260,862 | 83 |
In cash terms the typical NW7 4 home went from £120,000 in 1995 to £925,000 in 2026, roughly 8 times the price. Adjusted for inflation it still comes to a real rise of roughly 255%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2017; the current median sits about 35% 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 4 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 2010 (+55.1% on the year before); the weakest, 2024 (−25.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NW7 4 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −11.9% | −14.0% |
| 5 years (since 2021) | +0.7% | −4.0% |
| 10 years (since 2016) | +0.4% | −3.0% |
| 20 years (since 2006) | +4.0% | +1.1% |
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 4
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.
NW7 4 recorded 24 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 91 sales a year before the financial crisis and 52 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Rents around NW7 4
NW7 4 falls under Barnet, where the ONS puts the average private rent at £1,934 a month (May 2026 figures). Size sets most of the rent: one-beds average £1,487 a month here against £3,174 for four or more bedrooms.
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 £925,000 median sold price makes a gross yield of 2.5%. 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.
How NW7 4 trades
This is a thin market: 24 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 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 NW7, this sector trades 46% above the district median: one of the dearer corners of its district.
Asked and answered: NW7 4 (Mill Hill)
Are property prices falling in NW7 4 (Mill Hill)?
Is NW7 4 (Mill Hill) a good place to buy a house?
How much did a house sell for in NW7 4 (Mill Hill)?
Where do NW7 4 prices go next?
No honest page predicts prices, so this one sticks to the record: the median is up 3% over five years in cash but down 18% 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 4: 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" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
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
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%) |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. 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
The districts that gained and lost most in cash terms, each row linking through to its own 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 2 | £630,500 | 28 |
| NW7 3 | £612,500 | 18 |
Zoom out to the full NW7 district report for the type split, monthly volumes and how NW7 compares with its neighbours.
Selling a home in NW7 4? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in NW7 4, use the average prices map for a rough value: zoom from NW7 4's shading down to the sold homes on your own street. The figures above are every recorded NW7 4 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working NW7 4: the featured spot on this report is free for founding agents, one per district. Claim NW7 4.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about NW7 4. Free, with a one click sign in.
The live map plots every individual NW7 4 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.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.