Local market reports › NW area › NW7
Mill Hill market report NW7, London
The standing NW7 (Mill Hill) property market report, rebuilt from the full public record every month. Everything below comes from 13,665 sales recorded by HM Land Registry in NW7 (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 July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the 2026 median for NW7 (London) is £633,000, from 108 registered sales, up 7% on five years earlier; the mean is £761,200, and by floor area homes here have averaged about £6,800 per square metre over the last five years. Behind the figures sit 13,665 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
NW7 is a postcode district covering Mill Hill 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 NW7 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 NW7 sells for
In the NW7 property market, the 2026 median sale price is £633,000, from 108 registered sales; the mean, the "average house price" most sites quote, is £761,200, sitting well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
NW7 prices by floor area
The last five years of sales put NW7 at roughly £6,800 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.
Against a national (England and Wales) median of £285,000, NW7 runs 122% above it.
The price of a typical NW7 home, 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 | £633,000 | £633,000 | 108 |
| 2025 | £690,000 | £706,500 | 313 |
| 2024 | £630,000 | £669,819 | 352 |
| 2023 | £620,000 | £681,229 | 299 |
| 2022 | £587,500 | £688,911 | 636 |
| 2021 | £593,700 | £751,701 | 680 |
| 2020 | £562,500 | £729,855 | 423 |
| 2019 | £578,500 | £758,275 | 336 |
| 2018 | £622,500 | £829,804 | 284 |
| 2017 | £600,000 | £818,340 | 410 |
| 2016 | £567,000 | £793,239 | 555 |
| 2015 | £560,000 | £791,280 | 532 |
| 2014 | £500,000 | £709,337 | 432 |
| 2013 | £409,000 | £588,510 | 390 |
| 2012 | £394,200 | £580,213 | 351 |
| 2011 | £363,500 | £548,745 | 358 |
| 2010 | £358,500 | £562,220 | 374 |
| 2009 | £299,100 | £480,806 | 304 |
| 2008 | £300,000 | £491,763 | 318 |
| 2007 | £335,000 | £568,253 | 561 |
| 2006 | £300,000 | £520,762 | 547 |
| 2005 | £293,000 | £521,422 | 346 |
| 2004 | £285,000 | £517,616 | 523 |
| 2003 | £273,500 | £503,853 | 592 |
| 2002 | £233,000 | £438,387 | 574 |
| 2001 | £183,500 | £352,769 | 430 |
| 2000 | £167,500 | £328,719 | 404 |
| 1999 | £146,600 | £292,166 | 550 |
| 1998 | £133,500 | £269,479 | 437 |
| 1997 | £110,000 | £225,588 | 488 |
| 1996 | £97,800 | £206,256 | 396 |
| 1995 | £100,000 | £217,385 | 362 |
In cash terms the typical NW7 home went from £100,000 in 1995 to £633,000 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 191%, a genuine increase in what a home here costs. The real-terms peak came in 2018, and today's median remains roughly 24% under it: a 2018 buyer is still waiting to get that price back in today's money.
Year-on-year change in the NW7 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 2002 (+27.0% on the year before); the weakest, 2008 (−10.4%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of flats dominate the record here, 40% of the typed total. A detached home currently trades at £1,450,000 against £440,000 for a flat, 3.3 times the price.
Median by property type, NW7
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 | £1,450,000 | 13 | 1,990 |
| Semi-detached | £675,000 | 45 | 4,206 |
| Terraced | £690,000 | 17 | 1,996 |
| Flats | £440,000 | 33 | 5,473 |
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −8.3% | −10.4% |
| 5 years (since 2021) | +1.3% | −3.4% |
| 10 years (since 2016) | +1.1% | −2.2% |
| 20 years (since 2006) | +3.8% | +1.0% |
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.
How many homes change hands in NW7
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
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
The register shows 226 NW7 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 497 sales a year before the financial crisis and 342 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.
What tenants pay around NW7
For renting purposes NW7 sits in Barnet. The ONS average private rent there is £1,934 a month (May 2026). 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 £633,000 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.
Asked and answered: NW7 (Mill Hill)
Are property prices falling in NW7 (Mill Hill)?
Is NW7 (Mill Hill) a good place to buy a house?
How much did a house sell for in NW7 (Mill Hill)?
Where do NW7 prices go next?
Prediction is not this page's business. Its business is the record, which says: the median is up 7% over five years in cash but down 16% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
On the market in NW7 today
Everything above is what homes in NW7 sold for. This is what you could actually buy today: 74 homes currently on the market from 10 agents publishing to HomesIndex, at a typical asking price 9% above the NW7 median sold price.
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.
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 →
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.
Moving up a bedroom in NW: the cost
The Land Registry record, split by size: what each kind of home actually sold for across the NW area. 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. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
NW7 ranks 2 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.
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.
Inside NW7, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NW7 1 | £630,000 | 38 |
| NW7 2 | £630,500 | 28 |
| NW7 3 | £612,500 | 18 |
| NW7 4 | £925,000 | 24 |
How NW7 compares nearby
Same city, different markets. The neighbouring districts of the NW area, dearest first:
| District | Median | 5-year |
|---|---|---|
| NW3 | £872,500 | -12% |
| NW11 | £822,500 | -17% |
| NW8 | £725,000 | -17% |
| NW6 | £645,600 | -8% |
| NW7 (this report) | £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% |
Thinking of selling in NW7? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in NW7, open the average prices map and zoom from the NW7 shading down to the sold homes on your own street. Every recorded NW7 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.
Take it further
Behind the answers sits the same Land Registry record as this page, with NW7 already set as the subject. Free, one click sign in.
Two maps carry on from here: every NW7 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.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.