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2 Lancaster Grove is a residential building situated on Lancaster Grove, London, NW3 with 6 addresses.
It ranks as the 2703rd largest and 1565th most expensive of the 3,591 buildings in the NW3 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 6 properties: 6 flats.
2 Lancaster Grove is a residential building situated on Lancaster Grove, London, NW3 with 6 addresses.
It ranks as the 2703rd largest and 1565th most expensive of the 3,591 buildings in the NW3 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 6 properties: 6 flats.
Sale prices range from £618,959 for 2 bedroom leasehold flats (807 ft2) to £1,014,600 for 3 bedroom leasehold flats (978 ft2) .
Monthly rental prices range from £2,823 pcm for 2 bed flats to £4,078 pcm for 3 bed flats.
The gross rental yield is between 4.8% and 5.6%.
The average value per square foot is £756.
The last sale in 2 Lancaster Grove sold for £585,000 on 29th November 2002. Since then prices are down an average of 0.0%.
The current average value in the building is £734,180.
The 2 Lancaster Grove Sales Market has decreased by 9.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.3% | £734,180 |
| May 2025 | -1.6% | £743,983 |
| May 2024 | -1.3% | £756,004 |
| May 2023 | 0.8% | £766,167 |
| May 2022 | 2.2% | £760,166 |
| May 2021 | -0.9% | £743,836 |
| May 2020 | -0.2% | £750,306 |
| May 2019 | -0.3% | £751,886 |
| May 2018 | -4% | £754,508 |
| May 2017 | -3.3% | £785,557 |
| May 2016 | 1.6% | £812,072 |
| May 2015 | 3.7% | £799,089 |
| May 2014 | 15.3% | £770,946 |
| May 2013 | 7.5% | £668,579 |
| May 2012 | 10.1% | £621,925 |
| May 2011 | 4.3% | £564,756 |
| May 2010 | 19% | £541,434 |
| May 2009 | -12.8% | £455,081 |
| May 2008 | 15.1% | £521,879 |
| May 2007 | 0% | £453,522 |
The current average rental value in the building is £3,271.
The 2 Lancaster Grove Rental Market has increased by 36.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 6.7% | £3,271pcm |
| May 2025 | 2% | £3,066pcm |
| May 2024 | 3.5% | £3,007pcm |
| May 2023 | 11.4% | £2,906pcm |
| May 2022 | 16.7% | £2,608pcm |
| May 2021 | -8.6% | £2,236pcm |
| May 2020 | 1.5% | £2,445pcm |
| May 2019 | 3.2% | £2,410pcm |
| May 2018 | -0.4% | £2,336pcm |
| May 2017 | -2.4% | £2,346pcm |
| May 2016 | -0.3% | £2,402pcm |
| May 2015 | 3.3% | £2,409pcm |
| May 2014 | 0.4% | £2,333pcm |
| May 2013 | -2.1% | £2,325pcm |
| May 2012 | 3.4% | £2,374pcm |
| May 2011 | 9.9% | £2,295pcm |
| May 2010 | 9.5% | £2,088pcm |
| May 2009 | -12.9% | £1,907pcm |
| May 2008 | 11.6% | £2,189pcm |
| May 2007 | 0% | £1,961pcm |
The last sale was on 29th November 2002 for £585,000 and since then the market in the area has remained stable. The building has had a total of 4 sales since 1995.
2, Lancaster Grove, London, NW3 4NX has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 2, Lancaster Grove, London, NW3 4NX is Swiss Cottage station which is 400 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lancaster Grove, London, NW3 4NX, 60.8% of property is privately rented and 16.9% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Lancaster Grove, London, NW3 4NX, 18.0% of residents are recorded as possessing school level qualifications and 80.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Lancaster Grove, London, NW3 4NX, the average age was 38.9 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Lancaster Grove, London, NW3 4NX, 1.6% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Lancaster Grove, London, NW3 4NX, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.