Menelik Road - NW2 3RR
Key Postcode Insights
NW2 3RR is a residential postcode situated on Menelik Road, London, NW2 with 5 addresses.
It ranks as the 148th largest of the 1,217 postcodes in the NW2 area.
The postcode contains a total of 5 properties: 2 houses and 3 other properties.
- Ave. Sale Price
- £1,612,524
- 10 Year change
- up 1.4%
- Ave. Rental Price
- £6,449pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £802/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
NW2 3RR is a residential postcode situated on Menelik Road, London, NW2 with 5 addresses.
It ranks as the 148th largest of the 1,217 postcodes in the NW2 area.
The postcode contains a total of 5 properties: 2 houses and 3 other properties.
- Ave. Sale Price
- £1,612,524
- 10 Year change
- up 1.4%
- Ave. Rental Price
- £6,449pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £802/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Properties in NW2 3RR
- 9 Menelik Road
5 Bed Early-century House
- 11 Menelik Road
House
- 13 Menelik Road
5 Bed Early-century House
- 15 Menelik Road
House
- 17 Menelik Road
House
Sales Market Trends
The last sale in NW2 3RR sold for £1,155,000 on 28th March 2012. Since then prices are up an average of 45.1%.
The current average value in the postcode is £1,612,524.
The NW2 3RR Sales Market has increased by 1.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.4% | £1,612,524 |
| June 2025 | 1.4% | £1,686,872 |
| June 2024 | -1.2% | £1,663,622 |
| June 2023 | -0.7% | £1,682,976 |
| June 2022 | 5.5% | £1,695,418 |
| June 2021 | 3.4% | £1,607,639 |
| June 2020 | 2.1% | £1,554,075 |
| June 2019 | -1.3% | £1,522,560 |
| June 2018 | -0.8% | £1,542,274 |
| June 2017 | -2.3% | £1,554,616 |
| June 2016 | 5.8% | £1,590,662 |
| June 2015 | 0.7% | £1,503,673 |
| June 2014 | 17.5% | £1,493,253 |
| June 2013 | 11.5% | £1,270,383 |
| June 2012 | 6% | £1,139,194 |
| June 2011 | 6.9% | £1,074,818 |
| June 2010 | 18.2% | £1,005,665 |
| June 2009 | -8.3% | £850,601 |
| June 2008 | 7.4% | £927,219 |
| June 2007 | 0% | £863,399 |
Rental Market Trends
The current average rental value in the postcode is £6,449.
The NW2 3RR Rental Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £6,449pcm |
| June 2025 | 1.7% | £6,186pcm |
| June 2024 | 3.3% | £6,080pcm |
| June 2023 | 16.5% | £5,884pcm |
| June 2022 | 17.3% | £5,050pcm |
| June 2021 | -0.8% | £4,306pcm |
| June 2020 | -0.6% | £4,340pcm |
| June 2019 | 1.8% | £4,365pcm |
| June 2018 | 1.7% | £4,289pcm |
| June 2017 | -3.7% | £4,216pcm |
| June 2016 | 0.7% | £4,376pcm |
| June 2015 | 1.3% | £4,347pcm |
| June 2014 | 2.5% | £4,292pcm |
| June 2013 | -1.1% | £4,187pcm |
| June 2012 | 6.1% | £4,232pcm |
| June 2011 | 10.1% | £3,989pcm |
| June 2010 | 16.1% | £3,624pcm |
| June 2009 | -6.9% | £3,123pcm |
| June 2008 | 8.1% | £3,353pcm |
| June 2007 | 0% | £3,103pcm |
Sales History
The last recorded sale was on 28th March 2012 for £1,155,000 and since then the market in the area has increased by 45.1%.
NW2 3RR has had 3 sales since 1995, none of them in the last three years.
- Sold Mar 2012£1,155,000 | 5 Bed House13, Menelik Road, London, NW2 3RR13, Menelik Road, London, NW2 3RR
- Sold Mar 2011£1,025,000 | 5 Bed House9, Menelik Road, London, NW2 3RR9, Menelik Road, London, NW2 3RR
- Sold Sep 2002£600,000 | 5 Bed House15, Menelik Road, London, NW2 3RR15, Menelik Road, London, NW2 3RR
Nearby Postcodes
NW2 3RR is the 148th largest and the 1168th most expensive postcode out of the 1,217 postcodes in the NW2 area.
- NW2 3RP, Menelik Road, London, NW2NW2 3RP24 Addresses|41 m away
- NW2 3RS, Menelik Road, London, NW2NW2 3RS5 Addresses|75 m away
- NW2 3ST, Asmara Road, London, NW2NW2 3ST10 Addresses|91 m away
- NW2 3SS, Asmara Road, London, NW2NW2 3SS12 Addresses|100 m away
- NW2 3RN, Somali Road, London, NW2NW2 3RN20 Addresses|102 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (3)
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 School600 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
- Clarion2.3 km away
More reading links
Public Transport Nearby
The closest station to NW2 3RR is Cricklewood station, which is 600 metres away.
- Cricklewood|600 m away
- Kilburn|900 m away
- Brondesbury|1.0 km away
- West Hampstead Thameslink|1.2 km away