NW2 3LP is a residential postcode situated on Oak Grove, London, NW2 with 41 addresses.
It ranks as the 972nd largest and 225th most expensive of the 1,217 postcodes in the NW2 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 41 properties: 6 houses and 35 flats.
NW2 3LP is a residential postcode situated on Oak Grove, London, NW2 with 41 addresses.
It ranks as the 972nd largest and 225th most expensive of the 1,217 postcodes in the NW2 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 41 properties: 6 houses and 35 flats.
Sale prices range from £195,456 for 1 bedroom leasehold flats with a garden (215 ft2) to £1,057,552 for 5 bedroom freehold houses with a garden (2,572 ft2) .
Monthly rental prices range from £1,085 pcm for 1 bed flats to £5,323 pcm for 5 bed houses.
The gross rental yield is between 5.8% and 6.7%.
The average value per square foot is £619.
The last sale in NW2 3LP sold for £315,000 on 8th May 2024. Since then prices are down an average of 2.1%.
The current average value in the postcode is £402,422.
The NW2 3LP Sales Market has decreased by 2.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.7% | £402,422 |
| April 2025 | -0.2% | £413,682 |
| April 2024 | -1.4% | £414,318 |
| April 2023 | 0.1% | £420,138 |
| April 2022 | 2.9% | £419,807 |
| April 2021 | -0.3% | £407,961 |
| April 2020 | 1.5% | £409,243 |
| April 2019 | -1.9% | £403,261 |
| April 2018 | -1.4% | £410,875 |
| April 2017 | 0.7% | £416,523 |
| April 2016 | 9.6% | £413,740 |
| April 2015 | 5.5% | £377,518 |
| April 2014 | 18.2% | £357,677 |
| April 2013 | 13% | £302,525 |
| April 2012 | 2.7% | £267,690 |
| April 2011 | 2% | £260,597 |
| April 2010 | 7.9% | £255,462 |
| April 2009 | -11.4% | £236,779 |
| April 2008 | 10.2% | £267,317 |
| April 2007 | 0% | £242,589 |
The current average rental value in the postcode is £2,145.
The NW2 3LP Rental Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.3% | £2,145pcm |
| April 2025 | -2% | £2,037pcm |
| April 2024 | 6.3% | £2,079pcm |
| April 2023 | 17.9% | £1,957pcm |
| April 2022 | 11.9% | £1,660pcm |
| April 2021 | -5.7% | £1,484pcm |
| April 2020 | 0.4% | £1,573pcm |
| April 2019 | 1% | £1,567pcm |
| April 2018 | 0.1% | £1,552pcm |
| April 2017 | -2% | £1,551pcm |
| April 2016 | 1.7% | £1,582pcm |
| April 2015 | 5.9% | £1,556pcm |
| April 2014 | 2.7% | £1,470pcm |
| April 2013 | 0.6% | £1,431pcm |
| April 2012 | 6.7% | £1,423pcm |
| April 2011 | 6.6% | £1,334pcm |
| April 2010 | 5.7% | £1,251pcm |
| April 2009 | -6.6% | £1,184pcm |
| April 2008 | 6.5% | £1,268pcm |
| April 2007 | 0% | £1,191pcm |
The last sale was on 8th May 2024 for £315,000 and since then the market in the area has decreased by 2.1%. The postcode has had a total of 43 sales since 1995.
NW2 3LP has seen 2 sales in the last three years and no sales in the last twelve months.
NW2 3LP is the 972nd largest and the 225th most expensive postcode out of the 1,217 postcodes in the NW2 area.
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The closest station to NW2 3LP is Cricklewood station which is 200 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around NW2 3LP, 47.5% of property is privately rented and 33.3% is socially rented.
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 NW2 3LP, 19.9% of residents are recorded as possessing school level qualifications and 36.8% 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 NW2 3LP, the average age was 36.5 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 NW2 3LP, 0.3% 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 NW2 3LP, there are an average of 0.4 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.
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