NW1 7RD is a residential postcode situated on Mornington Crescent, London, NW1 with 27 addresses.
It ranks as the 866th largest and 78th most expensive of the 1,330 postcodes in the NW1 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 27 properties: 27 flats.
NW1 7RD is a residential postcode situated on Mornington Crescent, London, NW1 with 27 addresses.
It ranks as the 866th largest and 78th most expensive of the 1,330 postcodes in the NW1 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 27 properties: 27 flats.
Sale prices range from £350,770 for 1 bedroom leasehold flats (344 ft2) to £504,712 for 2 bedroom leasehold flats (553 ft2) .
Monthly rental prices range from £2,096 pcm for 1 bed flats to £2,982 pcm for 2 bed flats.
The gross rental yield is between 7.1% and 7.2%.
The average value per square foot is £1,001.
The last sale in NW1 7RD sold for £375,000 on 18th December 2014. Since then prices are down an average of 2.4%.
The current average value in the postcode is £374,766.
The NW1 7RD Sales Market has decreased by 10.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.2% | £374,766 |
| April 2025 | -0.8% | £383,286 |
| April 2024 | -1.3% | £386,347 |
| April 2023 | 0.7% | £391,267 |
| April 2022 | 2.1% | £388,520 |
| April 2021 | -0.9% | £380,445 |
| April 2020 | 0.2% | £383,759 |
| April 2019 | -3.1% | £383,017 |
| April 2018 | -4.9% | £395,399 |
| April 2017 | -1.2% | £415,761 |
| April 2016 | 5.3% | £420,781 |
| April 2015 | 4.9% | £399,752 |
| April 2014 | 22.6% | £381,074 |
| April 2013 | 10.6% | £310,869 |
| April 2012 | 6.3% | £281,112 |
| April 2011 | 5.5% | £264,481 |
| April 2010 | 10.1% | £250,629 |
| April 2009 | -6.1% | £227,614 |
| April 2008 | 10.9% | £242,454 |
| April 2007 | 0% | £218,658 |
The current average rental value in the postcode is £2,235.
The NW1 7RD Rental Market has increased by 35.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 6.8% | £2,235pcm |
| April 2025 | 3.7% | £2,092pcm |
| April 2024 | 6.1% | £2,018pcm |
| April 2023 | 12.9% | £1,902pcm |
| April 2022 | 19.3% | £1,684pcm |
| April 2021 | -13.7% | £1,411pcm |
| April 2020 | 2.5% | £1,636pcm |
| April 2019 | 1.6% | £1,596pcm |
| April 2018 | -0.9% | £1,571pcm |
| April 2017 | -4.2% | £1,586pcm |
| April 2016 | 2.3% | £1,655pcm |
| April 2015 | 4.9% | £1,618pcm |
| April 2014 | -0.1% | £1,542pcm |
| April 2013 | -2.2% | £1,543pcm |
| April 2012 | 6.2% | £1,578pcm |
| April 2011 | 5.6% | £1,485pcm |
| April 2010 | 8.1% | £1,406pcm |
| April 2009 | -7.5% | £1,302pcm |
| April 2008 | 19.5% | £1,407pcm |
| April 2007 | 0% | £1,177pcm |
The last sale was on 18th December 2014 for £375,000 and since then the market in the area has decreased by 2.4%. The postcode has had a total of 10 sales since 1995.
NW1 7RD has seen no sales in the last three years and no sales in the last twelve months.
NW1 7RD is the 866th largest and the 78th most expensive postcode out of the 1,330 postcodes in the NW1 area.
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The closest station to NW1 7RD is Mornington Crescent station which is 100 metres away.
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