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47 Millway is a residential building situated on Millway, London, NW7 with 2 addresses.
It ranks as the 190th largest and 303rd most expensive of the 618 buildings in the NW7 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
47 Millway is a residential building situated on Millway, London, NW7 with 2 addresses.
It ranks as the 190th largest and 303rd most expensive of the 618 buildings in the NW7 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £326,476 for 2 bedroom leasehold flats (516 ft2) to £428,694 for 2 bedroom leasehold flats with a garden (710 ft2) .
Monthly rental prices range from £1,580 pcm for 2 bed flats to £2,028 pcm for 2 bed flats.
The gross rental yield is between 5.7% and 5.8%.
The average value per square foot is £618.
The last sale in 47 Millway sold for £60,000 on 7th July 2022. Since then prices are up an average of 1.0%.
The current average value in the building is £377,585.
The 47 Millway Sales Market has decreased by 0.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.6% | £377,585 |
| May 2025 | 0.3% | £383,860 |
| May 2024 | -0.8% | £382,677 |
| May 2023 | 0.8% | £385,589 |
| May 2022 | 3.5% | £382,618 |
| May 2021 | -1.2% | £369,505 |
| May 2020 | 2.1% | £373,870 |
| May 2019 | -2.5% | £366,135 |
| May 2018 | -1.9% | £375,456 |
| May 2017 | 0.9% | £382,859 |
| May 2016 | 9.9% | £379,350 |
| May 2015 | 13% | £345,169 |
| May 2014 | 10.8% | £305,326 |
| May 2013 | 2.2% | £275,659 |
| May 2012 | 2.7% | £269,654 |
| May 2011 | 1.7% | £262,651 |
| May 2010 | 9.2% | £258,274 |
| May 2009 | -9.6% | £236,420 |
| May 2008 | 3.3% | £261,508 |
| May 2007 | 0% | £253,125 |
The current average rental value in the building is £1,804.
The 47 Millway Rental Market has increased by 29.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.8% | £1,804pcm |
| May 2025 | 3.5% | £1,737pcm |
| May 2024 | 3.4% | £1,679pcm |
| May 2023 | 13.6% | £1,624pcm |
| May 2022 | 6.5% | £1,430pcm |
| May 2021 | -0.3% | £1,342pcm |
| May 2020 | 1.5% | £1,347pcm |
| May 2019 | 0.4% | £1,327pcm |
| May 2018 | -2.9% | £1,321pcm |
| May 2017 | -2.5% | £1,360pcm |
| May 2016 | 5% | £1,394pcm |
| May 2015 | 6.5% | £1,329pcm |
| May 2014 | 2.4% | £1,247pcm |
| May 2013 | 0.8% | £1,218pcm |
| May 2012 | 4.7% | £1,208pcm |
| May 2011 | 5.8% | £1,154pcm |
| May 2010 | 2.8% | £1,091pcm |
| May 2009 | -4.2% | £1,061pcm |
| May 2008 | 5.6% | £1,107pcm |
| May 2007 | 0% | £1,048pcm |
The last sale was on 7th July 2022 for £60,000 and since then the market in the area has increased by 1.0%. The building has had a total of 3 sales since 1995.
47, Millway, London, NW7 3QR has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 47, Millway, London, NW7 3QR is Mill Hill Broadway station which is 300 metres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 47, Millway, London, NW7 3QR, 42.2% of property is privately owned with a mortgage and 35.1% 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 47, Millway, London, NW7 3QR, 21.7% of residents are recorded as possessing school level qualifications and 58.7% 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 47, Millway, London, NW7 3QR, the average age was 39.4 and the most common age was 37.
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 47, Millway, London, NW7 3QR, 0.9% 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 47, Millway, London, NW7 3QR, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.