Area Overview

NW3, NW6, NW8, W9, NW2, NW1

Mar-May 2023

Key Findings

• Average flat prices are now 5.0% higher they were 5 years ago, with buyers paying £50 more per square foot than they did 5 years ago.
• Achieved prices per square foot have increased by 4.5% for flats over the last year, and have decreased by 2.3%   for houses.
• 16.9% of properties sold within 3 months, compared with 17.7% for the whole of Central London.
• Properties sold in the last 3 months achieved an average price of £1,085,340 for flats and £4,844,344 for houses.

Current Availability

Key Findings

• 24.2% of properties on the market are priced at £1 million or higher
• 44.8% of properties currently available have been on the market for more than six months
• 22.3% of  flats and 15.4% of houses on the market are currently under offer

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June C, 2023, the NW3, NW6, NW8, W9, NW2, NW1 catchment includes all properties sold within the aforementioned area(s)