Menelik Road - NW2 3RH
Key Postcode Insights
NW2 3RH is a residential postcode situated on Menelik Road, London, NW2 with 26 addresses.
It ranks as the 724th largest and 1182nd most expensive of the 1,217 postcodes in the NW2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 26 properties: 18 houses and 8 flats.
- Ave. Sale Price
- £1,417,700
- 10 Year change
- down 4.9%
- Ave. Rental Price
- £5,777pcm
- 10 Year change
- up 38.3%
- Ave. £ per ft²
- £722/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
NW2 3RH is a residential postcode situated on Menelik Road, London, NW2 with 26 addresses.
It ranks as the 724th largest and 1182nd most expensive of the 1,217 postcodes in the NW2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 26 properties: 18 houses and 8 flats.
- Ave. Sale Price
- £1,417,700
- 10 Year change
- down 4.9%
- Ave. Rental Price
- £5,777pcm
- 10 Year change
- up 38.3%
- Ave. £ per ft²
- £722/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin NW2 3RH
- 30 Menelik Road
5 Bed Early-century House
- 32 Menelik Road
5 Bed Early-century House
- 34 Menelik Road
Unknown
- 36 Menelik Road
5 Bed Early-century House
- 38 Menelik Road
Unknown
Sales Market Trends
The last sale in NW2 3RH sold for £2,220,000 on 10th August 2023. Since then prices are down an average of 3.4%.
The current average value in the postcode is £1,417,700.
The NW2 3RH Sales Market has decreased by 4.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.4% | £1,417,700 |
| June 2025 | 0.6% | £1,467,283 |
| June 2024 | -1% | £1,458,816 |
| June 2023 | -0.8% | £1,473,029 |
| June 2022 | 2.9% | £1,484,265 |
| June 2021 | -0.3% | £1,441,809 |
| June 2020 | 1.5% | £1,446,162 |
| June 2019 | -1.4% | £1,424,428 |
| June 2018 | -1.5% | £1,444,347 |
| June 2017 | -1.6% | £1,466,495 |
| June 2016 | 6.7% | £1,490,353 |
| June 2015 | 3.5% | £1,396,378 |
| June 2014 | 18.2% | £1,349,313 |
| June 2013 | 10.3% | £1,141,642 |
| June 2012 | 6.9% | £1,035,389 |
| June 2011 | 4.3% | £968,798 |
| June 2010 | 12.8% | £929,258 |
| June 2009 | -10.3% | £823,542 |
| June 2008 | 7.6% | £918,204 |
| June 2007 | 0% | £853,638 |
Rental Market Trends
The current average rental value in the postcode is £5,777.
The NW2 3RH Rental Market has increased by 38.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £5,777pcm |
| June 2025 | 0.9% | £5,482pcm |
| June 2024 | 3.5% | £5,432pcm |
| June 2023 | 16.5% | £5,247pcm |
| June 2022 | 14.5% | £4,504pcm |
| June 2021 | -4.4% | £3,934pcm |
| June 2020 | -1.1% | £4,115pcm |
| June 2019 | 1.7% | £4,160pcm |
| June 2018 | 1% | £4,092pcm |
| June 2017 | -3% | £4,052pcm |
| June 2016 | 1.6% | £4,178pcm |
| June 2015 | 4.1% | £4,113pcm |
| June 2014 | 3.1% | £3,951pcm |
| June 2013 | -2.2% | £3,834pcm |
| June 2012 | 7% | £3,919pcm |
| June 2011 | 7.4% | £3,663pcm |
| June 2010 | 10.8% | £3,412pcm |
| June 2009 | -9% | £3,080pcm |
| June 2008 | 8.3% | £3,383pcm |
| June 2007 | 0% | £3,125pcm |
Sales History
The last sale was on 10th August 2023 for £2,220,000 and since then the market in the area has decreased by 3.4%. The postcode has had a total of 22 sales since 1995.
NW2 3RH has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2023£2,220,000 | 6 Bed House36, Menelik Road, London, NW2 3RH36, Menelik Road, London, NW2 3RH
- Sold Sep 2022£2,155,000 | 5 Bed House32, Menelik Road, London, NW2 3RH32, Menelik Road, London, NW2 3RH
- Sold Apr 2022£595,000 | 2 Bed Flat64D , Menelik Road, London, NW2 3RH64D , Menelik Road, London, NW2 3RH
- Sold Aug 2020£1,900,000 | 6 Bed House52, Menelik Road, London, NW2 3RH52, Menelik Road, London, NW2 3RH
- Sold Aug 2019£1,642,500 | 6 Bed House50, Menelik Road, London, NW2 3RH50, Menelik Road, London, NW2 3RH
Nearby Postcodes
NW2 3RH is the 724th largest and the 1182nd most expensive postcode out of the 1,217 postcodes in the NW2 area.
- NW2 3RJ, Menelik Road, London, NW2NW2 3RJ11 Addresses|34 m away
- NW2 3RL, Somali Road, London, NW2NW2 3RL22 Addresses|81 m away
- NW2 3RG, Minster Road, London, NW2NW2 3RG8 Addresses|110 m away
- NW2 3SJ, Minster Road, London, NW2NW2 3SJ7 Addresses|117 m away
- NW2 3RN, Somali Road, London, NW2NW2 3RN20 Addresses|117 m away
Property Types
- 1 house of an unknown age
- 7 early-century houses built between 1912 and 1935
- 18 other addresses of unknown type
- house (1)
- early-century house (7)
- Unknown (18)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (1)
- F (0)
- C (1)
- G (0)
- D (8)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold Apr 2022£2,785,000 | 6 Bed House26, Menelik Road, London, NW2 3RP26, Menelik Road, London, NW2 3RP
- Sold Aug 2016£2,373,000 | 6 Bed House26, Menelik Road, London, NW2 3RP26, Menelik Road, London, NW2 3RP
- Sold Sep 2017£2,270,000 | 6 Bed House3, Menelik Road, London, NW2 3RS3, Menelik Road, London, NW2 3RS
Schools Nearby
- West Hampstead Primary School500 m away
- St Luke's Church of England School700 m away
- Emmanuel Church of England Primary School700 m away
- Hampstead School300 m away
- Queens Park Community School1.9 km away
- Clarion2.3 km away
More reading links
Public Transport Nearby
The closest station to NW2 3RH is Cricklewood station, which is 700 metres away.
- Cricklewood|700 m away
- Kilburn|900 m away
- Brondesbury|1.0 km away
- West Hampstead Thameslink|1.0 km away