Melrose Avenue - NW2 4LH
Key Postcode Insights
NW2 4LH is a residential postcode situated on Melrose Avenue, London, NW2 with 89 addresses.
It ranks as the 1206th largest and 666th most expensive of the 1,217 postcodes in the NW2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 89 properties: 13 houses and 76 flats.
- Ave. Sale Price
- £575,143
- 10 Year change
- down 4.8%
- Ave. Rental Price
- £2,685pcm
- 10 Year change
- up 37.0%
- Ave. £ per ft²
- £622/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
NW2 4LH is a residential postcode situated on Melrose Avenue, London, NW2 with 89 addresses.
It ranks as the 1206th largest and 666th most expensive of the 1,217 postcodes in the NW2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 89 properties: 13 houses and 76 flats.
- Ave. Sale Price
- £575,143
- 10 Year change
- down 4.8%
- Ave. Rental Price
- £2,685pcm
- 10 Year change
- up 37.0%
- Ave. £ per ft²
- £622/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin NW2 4LH
- Susan Glover House
9 Units
- 1 Melrose Avenue
Building  |  3 Flats
- 3 Melrose Avenue
Building  |  3 Flats
- 5 Melrose Avenue
5 Bed Period House
- 7 Melrose Avenue
Building  |  2 Flats
Sales Market Trends
The last sale in NW2 4LH sold for £665,000 on 12th December 2025. Since then prices are down an average of 0.3%.
The current average value in the postcode is £575,143.
The NW2 4LH Sales Market has decreased by 4.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £575,143 |
| June 2025 | 0.3% | £596,585 |
| June 2024 | -0.9% | £594,768 |
| June 2023 | -1.1% | £600,379 |
| June 2022 | 2.7% | £607,265 |
| June 2021 | -0.5% | £591,502 |
| June 2020 | 1.8% | £594,335 |
| June 2019 | -0.8% | £583,999 |
| June 2018 | -1.7% | £588,790 |
| June 2017 | -0.8% | £598,946 |
| June 2016 | 8.1% | £604,019 |
| June 2015 | 2.9% | £558,552 |
| June 2014 | 19.6% | £542,821 |
| June 2013 | 10.9% | £453,958 |
| June 2012 | 5.5% | £409,344 |
| June 2011 | 3% | £387,897 |
| June 2010 | 11.6% | £376,739 |
| June 2009 | -10.3% | £337,730 |
| June 2008 | 6.6% | £376,337 |
| June 2007 | 0% | £352,894 |
Rental Market Trends
The current average rental value in the postcode is £2,685.
The NW2 4LH Rental Market has increased by 37.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.5% | £2,685pcm |
| June 2025 | -0.3% | £2,546pcm |
| June 2024 | 4% | £2,554pcm |
| June 2023 | 17.7% | £2,457pcm |
| June 2022 | 13% | £2,088pcm |
| June 2021 | -4.2% | £1,847pcm |
| June 2020 | -1.1% | £1,929pcm |
| June 2019 | 1.9% | £1,950pcm |
| June 2018 | 0.4% | £1,914pcm |
| June 2017 | -2.7% | £1,907pcm |
| June 2016 | 1.2% | £1,961pcm |
| June 2015 | 4.1% | £1,937pcm |
| June 2014 | 3.3% | £1,861pcm |
| June 2013 | -1.8% | £1,801pcm |
| June 2012 | 8.4% | £1,834pcm |
| June 2011 | 6.2% | £1,693pcm |
| June 2010 | 10.4% | £1,594pcm |
| June 2009 | -7.9% | £1,443pcm |
| June 2008 | 7.9% | £1,567pcm |
| June 2007 | 0% | £1,452pcm |
Sales History
The last sale was on 12th December 2025 for £665,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 33 sales since 1995.
NW2 4LH has seen 5 sales in the last three years and 3 sales in the last twelve months.
- Sold Dec 2025£665,000 | 3 Bed FlatFlat 2, 75, Melrose Avenue, London, NW2 4LHFlat 2, 75, Melrose Avenue, London, NW2 4LH
- Sold Aug 2025£1,060,000 | 5 Bed House33, Melrose Avenue, London, NW2 4LH33, Melrose Avenue, London, NW2 4LH
- Sold Aug 2025£1,020,000 | 5 Bed House33, Melrose Avenue, London, NW2 4LH33, Melrose Avenue, London, NW2 4LH
- Sold May 2025£400,000 | 2 Bed FlatFlat 2, 47, Melrose Avenue, London, NW2 4LHFlat 2, 47, Melrose Avenue, London, NW2 4LH
- Sold Oct 2024£575,000 | 3 Bed FlatFlat 2, 75, Melrose Avenue, London, NW2 4LHFlat 2, 75, Melrose Avenue, London, NW2 4LH
Nearby Postcodes
NW2 4LH is the 1206th largest and the 666th most expensive postcode out of the 1,217 postcodes in the NW2 area.
- NW2 4JS, Melrose Avenue, London, NW2NW2 4JS76 Addresses|35 m away
- NW2 4NT, Blenheim Gardens, London, NW2NW2 4NT49 Addresses|68 m away
- NW2 4NQ, Blenheim Gardens, London, NW2NW2 4NQ39 Addresses|91 m away
- NW2 4AD, Astley Avenue, London, NW2NW2 4AD17 Addresses|92 m away
- NW2 4NR, Blenheim Gardens, London, NW2NW2 4NR52 Addresses|101 m away
Property Types
- 6 period houses built between 1800 and 1911
- 1 house of an unknown age
- 82 other addresses of unknown type
- period house (6)
- house (1)
- Unknown (82)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 34 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (1)
- F (1)
- C (15)
- G (0)
- D (15)
- No EPC (55)
Top 3 Most Expensive Sales
- Sold Feb 2018£3,250,000 | 2 Bed Flat149, Melrose Avenue, London, NW2 4NA149, Melrose Avenue, London, NW2 4NA
- Sold Feb 2018£3,250,000 | 4 Bed Flat29B , Melrose Avenue, London, NW2 4LH29B , Melrose Avenue, London, NW2 4LH
- Sold Aug 2019£1,610,000 | 6 Bed House95, Melrose Avenue, London, NW2 4LR95, Melrose Avenue, London, NW2 4LR
Schools Nearby
- Anson Primary School100 m away
- Convent of Jesus and Mary RC Infant School700 m away
- Gladstone Park Primary School700 m away
- Hampstead School1.0 km away
- Queens Park Community School1.4 km away
- Menorah High School for Girls1.7 km away
More reading links
Public Transport Nearby
The closest station to NW2 4LH is Willesden Green station, which is 400 metres away.
- Willesden Green|400 m away
- Cricklewood|900 m away
- Dollis Hill|1.3 km away
- Kilburn|1.3 km away
