Menelik Road - NW2 3RS
Key Postcode Insights
NW2 3RS is a residential postcode situated on Menelik Road, London, NW2 with 5 addresses.
It ranks as the 149th largest and 1179th most expensive of the 1,217 postcodes in the NW2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 4 houses and 1 other property.
- Ave. Sale Price
- £1,609,298
- 10 Year change
- down 4.4%
- Ave. Rental Price
- £6,488pcm
- 10 Year change
- up 38.9%
- Ave. £ per ft²
- £579/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
NW2 3RS is a residential postcode situated on Menelik Road, London, NW2 with 5 addresses.
It ranks as the 149th largest and 1179th most expensive of the 1,217 postcodes in the NW2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 4 houses and 1 other property.
- Ave. Sale Price
- £1,609,298
- 10 Year change
- down 4.4%
- Ave. Rental Price
- £6,488pcm
- 10 Year change
- up 38.9%
- Ave. £ per ft²
- £579/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Properties in NW2 3RS
- 1 Menelik Road
Building | 2 Flats
- 3 Menelik Road
5 Bed Early-century House
- 5 Menelik Road
House
- 7 Menelik Road
5 Bed Early-century House
Sales Market Trends
The last sale in NW2 3RS sold for £890,000 on 30th August 2024. Since then prices are down an average of 3.4%.
The current average value in the postcode is £1,609,298.
The NW2 3RS Sales Market has decreased by 4.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.5% | £1,609,298 |
| June 2025 | 0.6% | £1,684,310 |
| June 2024 | -1% | £1,673,981 |
| June 2023 | -0.8% | £1,690,121 |
| June 2022 | 3.4% | £1,703,741 |
| June 2021 | 1.1% | £1,647,115 |
| June 2020 | 1.6% | £1,629,451 |
| June 2019 | -0.9% | £1,603,870 |
| June 2018 | -1.5% | £1,618,813 |
| June 2017 | -2.4% | £1,642,694 |
| June 2016 | 6% | £1,683,776 |
| June 2015 | 1.8% | £1,588,080 |
| June 2014 | 17.7% | £1,560,674 |
| June 2013 | 11.3% | £1,326,156 |
| June 2012 | 7.2% | £1,191,612 |
| June 2011 | 5.2% | £1,111,358 |
| June 2010 | 16.2% | £1,056,223 |
| June 2009 | -9.7% | £908,685 |
| June 2008 | 8.2% | £1,006,477 |
| June 2007 | 0% | £930,436 |
Rental Market Trends
The current average rental value in the postcode is £6,488.
The NW2 3RS Rental Market has increased by 38.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £6,488pcm |
| June 2025 | 1% | £6,227pcm |
| June 2024 | 3.5% | £6,168pcm |
| June 2023 | 16.4% | £5,957pcm |
| June 2022 | 15% | £5,116pcm |
| June 2021 | -3% | £4,447pcm |
| June 2020 | -1% | £4,587pcm |
| June 2019 | 2.1% | £4,635pcm |
| June 2018 | 1% | £4,538pcm |
| June 2017 | -3.8% | £4,491pcm |
| June 2016 | 0.9% | £4,670pcm |
| June 2015 | 2.4% | £4,628pcm |
| June 2014 | 2.6% | £4,522pcm |
| June 2013 | -1.3% | £4,407pcm |
| June 2012 | 7.3% | £4,463pcm |
| June 2011 | 8.3% | £4,157pcm |
| June 2010 | 14.1% | £3,837pcm |
| June 2009 | -8.4% | £3,363pcm |
| June 2008 | 8.9% | £3,669pcm |
| June 2007 | 0% | £3,371pcm |
Sales History
The last recorded sale was on 30th August 2024 for £890,000 and since then the market in the area has decreased by 3.4%.
NW2 3RS has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Aug 2024£890,000 | 3 Bed Flat1B, Menelik Road, London, NW2 3RS1B, Menelik Road, London, NW2 3RS
- Sold Sep 2017£2,270,000 | 6 Bed House3, Menelik Road, London, NW2 3RS3, Menelik Road, London, NW2 3RS
- Sold Jun 2016£1,450,000 | 6 Bed House3, Menelik Road, London, NW2 3RS3, Menelik Road, London, NW2 3RS
Nearby Postcodes
NW2 3RS is the 149th largest and the 1179th most expensive postcode out of the 1,217 postcodes in the NW2 area.
- NW2 2RR, Westcroft Close, London, NW2NW2 2RR39 Addresses|67 m away
- NW2 3RP, Menelik Road, London, NW2NW2 3RP24 Addresses|69 m away
- NW2 3RR, Menelik Road, London, NW2NW2 3RR5 Addresses|75 m away
- NW2 3RU, Westbere Road, London, NW2NW2 3RU41 Addresses|108 m away
- NW2 3SS, Asmara Road, London, NW2NW2 3SS12 Addresses|116 m away
Property Types
- 2 modern houses built after 1980
- 2 early-century houses built between 1912 and 1935
- 1 other address of unknown type
- modern house (2)
- early-century house (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (3)
- No EPC (2)
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
- Anson Primary School900 m away
- Hampstead School200 m away
- Queens Park Community School1.7 km away
- Clarion2.3 km away
More reading links
Public Transport Nearby
The closest station to NW2 3RS is Cricklewood station, which is 600 metres away.
- Cricklewood|600 m away
- Kilburn|900 m away
- Brondesbury|1.0 km away
- Willesden Green|1.1 km away
