Menelik Road - NW2 3RP
Key Postcode Insights
NW2 3RP is a residential postcode situated on Menelik Road, London, NW2 with 24 addresses.
It ranks as the 678th largest and 1130th most expensive of the 1,217 postcodes in the NW2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 6 houses, 12 flats and 6 other properties.
- Ave. Sale Price
- £1,171,439
- 10 Year change
- down 4.6%
- Ave. Rental Price
- £4,922pcm
- 10 Year change
- up 38.7%
- Ave. £ per ft²
- £663/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
NW2 3RP is a residential postcode situated on Menelik Road, London, NW2 with 24 addresses.
It ranks as the 678th largest and 1130th most expensive of the 1,217 postcodes in the NW2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 6 houses, 12 flats and 6 other properties.
- Ave. Sale Price
- £1,171,439
- 10 Year change
- down 4.6%
- Ave. Rental Price
- £4,922pcm
- 10 Year change
- up 38.7%
- Ave. £ per ft²
- £663/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Properties in NW2 3RP
- 2 Menelik Road
Building  |  4 Flats
- 4 Menelik Road
5 Bed Early-century House
- 6 Menelik Road
Flat
- 8 Menelik Road
House
- 10 Menelik Road
5 Bed Early-century House
Sales Market Trends
The last sale in NW2 3RP sold for £1,945,000 on 13th December 2024. Since then prices are down an average of 3.2%.
The current average value in the postcode is £1,171,439.
The NW2 3RP Sales Market has decreased by 4.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.9% | £1,171,439 |
| June 2025 | 0.5% | £1,219,449 |
| June 2024 | -1.1% | £1,213,467 |
| June 2023 | -0.8% | £1,226,374 |
| June 2022 | 3.2% | £1,235,882 |
| June 2021 | 0.6% | £1,197,913 |
| June 2020 | 1.7% | £1,190,560 |
| June 2019 | -1% | £1,171,110 |
| June 2018 | -1.5% | £1,182,409 |
| June 2017 | -2.2% | £1,201,011 |
| June 2016 | 6.3% | £1,227,735 |
| June 2015 | 2.1% | £1,155,177 |
| June 2014 | 17.8% | £1,131,074 |
| June 2013 | 10.9% | £960,073 |
| June 2012 | 6.8% | £865,563 |
| June 2011 | 5% | £810,124 |
| June 2010 | 14.2% | £771,666 |
| June 2009 | -9.8% | £675,998 |
| June 2008 | 8.1% | £749,045 |
| June 2007 | 0% | £693,038 |
Rental Market Trends
The current average rental value in the postcode is £4,922.
The NW2 3RP Rental Market has increased by 38.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £4,922pcm |
| June 2025 | 0.8% | £4,699pcm |
| June 2024 | 3.4% | £4,660pcm |
| June 2023 | 16.5% | £4,505pcm |
| June 2022 | 14.7% | £3,868pcm |
| June 2021 | -3.5% | £3,371pcm |
| June 2020 | -1% | £3,493pcm |
| June 2019 | 2.1% | £3,527pcm |
| June 2018 | 0.9% | £3,455pcm |
| June 2017 | -3.6% | £3,422pcm |
| June 2016 | 1.2% | £3,549pcm |
| June 2015 | 2.7% | £3,509pcm |
| June 2014 | 2.7% | £3,415pcm |
| June 2013 | -1.6% | £3,325pcm |
| June 2012 | 7% | £3,378pcm |
| June 2011 | 8.1% | £3,159pcm |
| June 2010 | 12.1% | £2,922pcm |
| June 2009 | -8.4% | £2,607pcm |
| June 2008 | 8.8% | £2,846pcm |
| June 2007 | 0% | £2,617pcm |
Sales History
The last recorded sale was on 13th December 2024 for £1,945,000 and since then the market in the area has decreased by 3.2%.
NW2 3RP has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Dec 2024£1,945,000 | 6 Bed House4, Menelik Road, London, NW2 3RP4, Menelik Road, London, NW2 3RP
- Sold May 2024£1,275,000 | 4 Bed House2A, Menelik Road, London, NW2 3RP2A, Menelik Road, London, NW2 3RP
- Sold Jul 2022£1,026,000 | 6 Bed House4, Menelik Road, London, NW2 3RP4, Menelik Road, London, NW2 3RP
Nearby Postcodes
NW2 3RP is the 678th largest and the 1130th most expensive postcode out of the 1,217 postcodes in the NW2 area.
- NW2 3RR, Menelik Road, London, NW2NW2 3RR5 Addresses|41 m away
- NW2 3RS, Menelik Road, London, NW2NW2 3RS5 Addresses|69 m away
- NW2 2RR, Westcroft Close, London, NW2NW2 2RR39 Addresses|130 m away
- NW2 3ST, Asmara Road, London, NW2NW2 3ST10 Addresses|132 m away
- NW2 3SS, Asmara Road, London, NW2NW2 3SS12 Addresses|136 m away
Property Types
- 8 mid-century flats built between 1936 and 1979
- 6 early-century houses built between 1912 and 1935
- 4 early-century flats built between 1912 and 1935
- 6 other addresses of unknown type
- mid-century flat (8)
- early-century house (6)
- early-century flat (4)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (6)
- G (0)
- D (3)
- 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 School700 m away
- St Agnes' Catholic Primary School700 m away
- Childs Hill Primary School800 m away
- Hampstead School100 m away
- Queens Park Community School1.8 km away
- Clarion2.2 km away
More reading links
Public Transport Nearby
The closest station to NW2 3RP is Cricklewood station, which is 600 metres away.
- Cricklewood|600 m away
- Kilburn|900 m away
- Brondesbury|1.1 km away
- Willesden Green|1.2 km away
