Mornington Terrace - NW1 7RR
Key Postcode Insights
NW1 7RR is a residential postcode situated on Mornington Terrace, London, NW1 with 27 addresses.
It ranks as the 868th largest and 523rd most expensive of the 1,330 postcodes in the NW1 area.
The postcode contains a total of 27 properties: 4 houses and 23 flats.
- Ave. Sale Price
- £596,338
- 10 Year change
- down 9.6%
- Ave. Rental Price
- £3,162pcm
- 10 Year change
- up 38.2%
- Ave. £ per ft²
- £823/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
NW1 7RR is a residential postcode situated on Mornington Terrace, London, NW1 with 27 addresses.
It ranks as the 868th largest and 523rd most expensive of the 1,330 postcodes in the NW1 area.
The postcode contains a total of 27 properties: 4 houses and 23 flats.
- Ave. Sale Price
- £596,338
- 10 Year change
- down 9.6%
- Ave. Rental Price
- £3,162pcm
- 10 Year change
- up 38.2%
- Ave. £ per ft²
- £823/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin NW1 7RR
- 3 Mornington Terrace
Building  |  2 Flats
- 4 Mornington Terrace
Building  |  2 Flats
- 5 Mornington Terrace
Building  |  2 Flats
- 6 Mornington Terrace
4 Bed House
- 7 Mornington Terrace
Building  |  4 Flats
Sales Market Trends
The last sale in NW1 7RR sold for £390,000 on 15th March 2023. Since then prices are down an average of 6.3%.
The current average value in the postcode is £596,338.
The NW1 7RR Sales Market has decreased by 9.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.3% | £596,338 |
| June 2025 | -1.1% | £616,696 |
| June 2024 | -1.3% | £623,853 |
| June 2023 | -0.3% | £632,246 |
| June 2022 | 4.4% | £634,284 |
| June 2021 | 0% | £607,721 |
| June 2020 | 0.3% | £607,643 |
| June 2019 | -1.9% | £605,940 |
| June 2018 | -3.9% | £617,723 |
| June 2017 | -2.6% | £642,772 |
| June 2016 | 1.5% | £659,941 |
| June 2015 | 5.9% | £650,157 |
| June 2014 | 22% | £613,998 |
| June 2013 | 9% | £503,419 |
| June 2012 | 7.6% | £461,713 |
| June 2011 | 6.6% | £429,053 |
| June 2010 | 15.7% | £402,335 |
| June 2009 | -5.6% | £347,694 |
| June 2008 | 6.5% | £368,379 |
| June 2007 | 0% | £345,781 |
Rental Market Trends
The current average rental value in the postcode is £3,162.
The NW1 7RR Rental Market has increased by 38.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £3,162pcm |
| June 2025 | 3.9% | £3,015pcm |
| June 2024 | 4.4% | £2,901pcm |
| June 2023 | 12.1% | £2,779pcm |
| June 2022 | 21.8% | £2,478pcm |
| June 2021 | -9.1% | £2,034pcm |
| June 2020 | 0% | £2,237pcm |
| June 2019 | 1.7% | £2,238pcm |
| June 2018 | 0.9% | £2,201pcm |
| June 2017 | -4.7% | £2,181pcm |
| June 2016 | -0.3% | £2,289pcm |
| June 2015 | 5.3% | £2,296pcm |
| June 2014 | 0.5% | £2,181pcm |
| June 2013 | -3.8% | £2,171pcm |
| June 2012 | 6.3% | £2,257pcm |
| June 2011 | 6.2% | £2,123pcm |
| June 2010 | 14% | £1,998pcm |
| June 2009 | -7.8% | £1,753pcm |
| June 2008 | 16.7% | £1,901pcm |
| June 2007 | 0% | £1,629pcm |
Sales History
The last sale was on 15th March 2023 for £390,000 and since then the market in the area has decreased by 6.3%. The postcode has had a total of 21 sales since 1995.
NW1 7RR has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2023£390,000 | 2 Bed FlatFlat 4, 14, Mornington Terrace, London, NW1 7RRFlat 4, 14, Mornington Terrace, London, NW1 7RR
- Sold Jul 2020£470,000 | 1 Bed FlatFlat 3, 14, Mornington Terrace, London, NW1 7RRFlat 3, 14, Mornington Terrace, London, NW1 7RR
- Sold Jan 2019£480,000 | 4 Bed House8, Mornington Terrace, London, NW1 7RR8, Mornington Terrace, London, NW1 7RR
- Sold Aug 2017£3,250,000 | 5 Bed House12, Mornington Terrace, London, NW1 7RR12, Mornington Terrace, London, NW1 7RR
- Sold Feb 2017£975,000 | 3 Bed Flat5B , Mornington Terrace, London, NW1 7RR5B , Mornington Terrace, London, NW1 7RR
Nearby Postcodes
NW1 7RR is the 868th largest and the 523rd most expensive postcode out of the 1,330 postcodes in the NW1 area.
- NW1 7LU, Albert Street, London, NW1NW1 7LU38 Addresses|30 m away
- NW1 7QA, Mornington Street, London, NW1NW1 7QA12 Addresses|42 m away
- NW1 7RP, Mornington Place, London, NW1NW1 7RP22 Addresses|60 m away
- NW1 7NU, Albert Street, London, NW1NW1 7NU30 Addresses|69 m away
- NW1 7NZ, Albert Street, London, NW1NW1 7NZ8 Addresses|76 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 house of an unknown age
- 25 other addresses of unknown type
- period house (1)
- house (1)
- Unknown (25)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (20)
Top 3 Most Expensive Sales
- Sold Oct 2020£3,300,000 | 5 Bed House48, Mornington Terrace, London, NW1 7RT48, Mornington Terrace, London, NW1 7RT
- Sold Aug 2017£3,250,000 | 5 Bed House12, Mornington Terrace, London, NW1 7RR12, Mornington Terrace, London, NW1 7RR
- Sold Oct 2022£2,900,000 | 5 Bed House34, Mornington Terrace, London, NW1 7RS34, Mornington Terrace, London, NW1 7RS
Schools Nearby
- Christ Church School400 m away
- Richard Cobden Primary School400 m away
- St Mary and St Pancras Church of England Primary School600 m away
- Regent High School600 m away
- Maria Fidelis Catholic School FCJ800 m away
- Haverstock School1.4 km away
More reading links
Public Transport Nearby
The closest station to NW1 7RR is Mornington Crescent station, which is 200 metres away.
- Mornington Crescent|200 m away
- Camden Town|600 m away
- London Euston|800 m away
- Camden Road|900 m away