NW1 8TE is a residential postcode situated on Castle Road, London, NW1 with 32 addresses.
It ranks as the 971st largest and 723rd most expensive of the 1,330 postcodes in the NW1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 32 properties: 32 flats.
NW1 8TE is a residential postcode situated on Castle Road, London, NW1 with 32 addresses.
It ranks as the 971st largest and 723rd most expensive of the 1,330 postcodes in the NW1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 32 properties: 32 flats.
Sale prices range from £326,943 for 1 bedroom leasehold flats (355 ft2) to £692,708 for 3 bedroom leasehold flats (1,044 ft2) .
Monthly rental prices range from £2,140 pcm for 1 bed flats to £4,082 pcm for 3 bed flats.
The gross rental yield is between 7.1% and 7.9%.
The average value per square foot is £689.
The last sale in NW1 8TE sold for £400,000 on 28th March 2025. Since then prices are down an average of 3.7%.
The current average value in the postcode is £620,506.
The NW1 8TE Sales Market has decreased by 9.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.5% | £620,506 |
| April 2025 | -0.7% | £629,721 |
| April 2024 | -1.1% | £633,938 |
| April 2023 | 1.1% | £640,872 |
| April 2022 | 2.2% | £633,772 |
| April 2021 | -1.5% | £620,260 |
| April 2020 | 0.3% | £629,548 |
| April 2019 | -2.9% | £627,398 |
| April 2018 | -4.7% | £645,873 |
| April 2017 | -1% | £677,528 |
| April 2016 | 5.4% | £684,332 |
| April 2015 | 5% | £649,123 |
| April 2014 | 22.1% | £618,191 |
| April 2013 | 11.1% | £506,322 |
| April 2012 | 6.1% | £455,745 |
| April 2011 | 5% | £429,449 |
| April 2010 | 10.6% | £408,930 |
| April 2009 | -8.1% | £369,769 |
| April 2008 | 12.4% | £402,258 |
| April 2007 | 0% | £357,853 |
The current average rental value in the postcode is £3,771.
The NW1 8TE Rental Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 7% | £3,771pcm |
| April 2025 | 3.4% | £3,525pcm |
| April 2024 | 5.5% | £3,409pcm |
| April 2023 | 14.2% | £3,231pcm |
| April 2022 | 17.1% | £2,830pcm |
| April 2021 | -12.6% | £2,417pcm |
| April 2020 | 2.5% | £2,766pcm |
| April 2019 | 1.1% | £2,700pcm |
| April 2018 | -1.3% | £2,669pcm |
| April 2017 | -3.5% | £2,705pcm |
| April 2016 | 1.5% | £2,803pcm |
| April 2015 | 5.5% | £2,763pcm |
| April 2014 | -0.1% | £2,620pcm |
| April 2013 | -1.7% | £2,623pcm |
| April 2012 | 5.7% | £2,667pcm |
| April 2011 | 7% | £2,522pcm |
| April 2010 | 7.5% | £2,357pcm |
| April 2009 | -7% | £2,193pcm |
| April 2008 | 16.7% | £2,358pcm |
| April 2007 | 0% | £2,020pcm |
The last sale was on 28th March 2025 for £400,000 and since then the market in the area has decreased by 3.7%. The postcode has had a total of 14 sales since 1995.
NW1 8TE has seen 1 sale in the last three years and no sales in the last twelve months.
NW1 8TE is the 971st largest and the 723rd most expensive postcode out of the 1,330 postcodes in the NW1 area.
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