Menelik Road - NW2 3RJ
Key Postcode Insights
NW2 3RJ is a residential postcode situated on Menelik Road, London, NW2 with 11 addresses.
It ranks as the 347th largest and 1207th 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 11 properties: 9 houses and 2 flats.
- Ave. Sale Price
- £2,113,534
- 10 Year change
- down 5.3%
- Ave. Rental Price
- £8,529pcm
- 10 Year change
- up 37.6%
- Ave. £ per ft²
- £658/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
NW2 3RJ is a residential postcode situated on Menelik Road, London, NW2 with 11 addresses.
It ranks as the 347th largest and 1207th 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 11 properties: 9 houses and 2 flats.
- Ave. Sale Price
- £2,113,534
- 10 Year change
- down 5.3%
- Ave. Rental Price
- £8,529pcm
- 10 Year change
- up 37.6%
- Ave. £ per ft²
- £658/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin NW2 3RJ
- 19 Menelik Road
5 Bed Early-century House
- 21 Menelik Road
Unknown
- 23 Menelik Road
Building | 2 Flats
- 25 Menelik Road
Unknown
- 27 Menelik Road
Unknown
Sales Market Trends
The last sale in NW2 3RJ sold for £2,100,000 on 25th October 2024. Since then prices are down an average of 3.3%.
The current average value in the postcode is £2,113,534.
The NW2 3RJ Sales Market has decreased by 5.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.6% | £2,113,534 |
| June 2025 | 0.6% | £2,215,337 |
| June 2024 | -0.9% | £2,201,168 |
| June 2023 | -0.9% | £2,220,038 |
| June 2022 | 3.1% | £2,239,314 |
| June 2021 | 0.3% | £2,171,689 |
| June 2020 | 1.9% | £2,164,982 |
| June 2019 | -0.7% | £2,125,194 |
| June 2018 | -1.5% | £2,140,833 |
| June 2017 | -2.6% | £2,174,477 |
| June 2016 | 6% | £2,232,834 |
| June 2015 | 2.3% | £2,106,869 |
| June 2014 | 17.5% | £2,059,788 |
| June 2013 | 11.1% | £1,752,785 |
| June 2012 | 8% | £1,577,385 |
| June 2011 | 4.5% | £1,460,007 |
| June 2010 | 16.7% | £1,397,479 |
| June 2009 | -10.3% | £1,197,996 |
| June 2008 | 8.2% | £1,336,181 |
| June 2007 | 0% | £1,235,108 |
Rental Market Trends
The current average rental value in the postcode is £8,529.
The NW2 3RJ Rental Market has increased by 37.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £8,529pcm |
| June 2025 | 1% | £8,198pcm |
| June 2024 | 3.6% | £8,117pcm |
| June 2023 | 16.4% | £7,832pcm |
| June 2022 | 14.7% | £6,730pcm |
| June 2021 | -3.8% | £5,869pcm |
| June 2020 | -0.8% | £6,101pcm |
| June 2019 | 2.3% | £6,147pcm |
| June 2018 | 1% | £6,007pcm |
| June 2017 | -4% | £5,950pcm |
| June 2016 | 0.9% | £6,199pcm |
| June 2015 | 2.9% | £6,146pcm |
| June 2014 | 2.5% | £5,973pcm |
| June 2013 | -1.4% | £5,830pcm |
| June 2012 | 8.2% | £5,913pcm |
| June 2011 | 7.6% | £5,467pcm |
| June 2010 | 14.5% | £5,082pcm |
| June 2009 | -9% | £4,438pcm |
| June 2008 | 8.9% | £4,876pcm |
| June 2007 | 0% | £4,478pcm |
Sales History
The last sale was on 25th October 2024 for £2,100,000 and since then the market in the area has decreased by 3.3%. The postcode has had a total of 3 sales since 1995.
NW2 3RJ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Oct 2024£2,100,000 | 6 Bed House19, Menelik Road, London, NW2 3RJ19, Menelik Road, London, NW2 3RJ
- Sold Oct 2013£1,999,999 | 6 Bed House35, Menelik Road, London, NW2 3RJ35, Menelik Road, London, NW2 3RJ
- Sold Mar 2005£785,000 | 6 Bed House21, Menelik Road, London, NW2 3RJ21, Menelik Road, London, NW2 3RJ
Nearby Postcodes
NW2 3RJ is the 347th largest and the 1207th most expensive postcode out of the 1,217 postcodes in the NW2 area.
- NW2 3RH, Menelik Road, London, NW2NW2 3RH26 Addresses|34 m away
- NW2 3RL, Somali Road, London, NW2NW2 3RL22 Addresses|47 m away
- NW2 3RN, Somali Road, London, NW2NW2 3RN20 Addresses|84 m away
- NW2 3RG, Minster Road, London, NW2NW2 3RG8 Addresses|100 m away
- NW2 3ST, Asmara Road, London, NW2NW2 3ST10 Addresses|122 m away
Property Types
- 3 early-century houses built between 1912 and 1935
- 8 other addresses of unknown type
- early-century house (3)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (4)
- No EPC (6)
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
- Emmanuel Church of England Primary School800 m away
- St Luke's Church of England School800 m away
- Hampstead School200 m away
- Queens Park Community School1.9 km away
- Clarion2.4 km away
More reading links
Public Transport Nearby
The closest station to NW2 3RJ 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
