Key indicators for buyers
The NW2 market is moderately favourable for buyers. Prices are rising at 30.4%, which may favour acting sooner rather than later. Affordability has improved from a peak of 16.3x in 2018 to 14.5x today.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Brent area
A home in Brent costs 14.5x the local median salary — very stretched, improving from a peak of 16.3x in 2018.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Brent area
Average monthly rent in Brent is £1,946, down 7.6% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Brent price of £942,667 with a 25% deposit (£236k), a 2-year fixed mortgage at 3.97% costs around £3,720 per month.
Monthly cost comparison based on current data
Uses NW2 avg. price with Brent rental data
Monthly mortgage payments (£3,720) are £1,774 more than renting (£1,946). However, buying requires an upfront deposit of £236k — it would take around 43 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
1, DEACON ROAD NW2 5NP | Flat/Maisonette | £378,000 | 21 Jan 2026 |
53, PINE ROAD NW2 6SB | Terraced | £750,000 | 19 Jan 2026 |
2, MINSTER ROAD NW2 3RA | Detached | £1,700,000 | 12 Jan 2026 |
99, DARTMOUTH ROAD NW2 4ER | Detached | £2,440,000 | 19 Dec 2025 |
9C, DEAN ROAD NW2 5AB | Flat/Maisonette | £435,000 | 19 Dec 2025 |
FLAT 17, GREENCREST PLACE, DOLLIS HILL LANE NW2 6HF | Flat/Maisonette | £455,000 | 19 Dec 2025 |
5B, BLENHEIM GARDENS NW2 4NL | Semi-detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in NW2 sold for £942,667 in 2026, with a median of £750,000 across 3 transactions. Prices rose 30.4% compared to the previous year.
| £585,000 |
| 16 Dec 2025 |
28A, SANDRINGHAM ROAD NW2 5ER | Flat/Maisonette | £270,000 | 16 Dec 2025 |
FLAT 8, THANET LODGE, 10, MAPESBURY ROAD NW2 4JA | Flat/Maisonette | £360,000 | 15 Dec 2025 |
21C, STAVERTON ROAD NW2 5EY | Flat/Maisonette | £445,000 | 12 Dec 2025 |
78, DOLLIS HILL AVENUE NW2 6QT | Semi-detached | £860,000 | 12 Dec 2025 |
FLAT 5, OMNIBUS HOUSE, 116, CRICKLEWOOD LANE NW2 2DP | Flat/Maisonette | £433,000 | 12 Dec 2025 |
47, WESTBERE ROAD NW2 3SP | Semi-detached | £1,600,000 | 11 Dec 2025 |
FLAT 3, 197, MELROSE AVENUE NW2 4NA | Flat/Maisonette | £465,000 | 9 Dec 2025 |
18B, MELROSE AVENUE NW2 4JS | Flat/Maisonette | £876,600 | 9 Dec 2025 |
FIRST FLOOR FLAT, 5, CLAREMONT ROAD NW2 1BP | Flat/Maisonette | £135,000 | 9 Dec 2025 |
FLAT 3, 12, TEIGNMOUTH ROAD NW2 4HN | Flat/Maisonette | £520,000 | 8 Dec 2025 |
8, MIDLAND TERRACE NW2 6QH | Other | £610,000 | 8 Dec 2025 |
GROUND FLOOR FLAT, 74, VILLIERS ROAD NW2 5PJ | Flat/Maisonette | £591,000 | 5 Dec 2025 |
FLAT 24, HILLCREST COURT, SHOOT UP HILL NW2 3PG | Flat/Maisonette | £500,000 | 5 Dec 2025 |
The most recent recorded sale in NW2 was a flat/maisonette property on Deacon Road for £378,000 in January 2026. Across the last 20 sales, the median price was £520,000.