Melrose Avenue - NW2 4LX
Key Postcode Insights
NW2 4LX is a residential postcode situated on Melrose Avenue, London, NW2 with 20 addresses.
It ranks as the 601st largest and 534th most expensive of the 1,217 postcodes in the NW2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 20 properties: 6 houses and 14 flats.
- Ave. Sale Price
- £692,641
- 10 Year change
- down 3.9%
- Ave. Rental Price
- £3,058pcm
- 10 Year change
- up 38.1%
- Ave. £ per ft²
- £709/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
NW2 4LX is a residential postcode situated on Melrose Avenue, London, NW2 with 20 addresses.
It ranks as the 601st largest and 534th most expensive of the 1,217 postcodes in the NW2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 20 properties: 6 houses and 14 flats.
- Ave. Sale Price
- £692,641
- 10 Year change
- down 3.9%
- Ave. Rental Price
- £3,058pcm
- 10 Year change
- up 38.1%
- Ave. £ per ft²
- £709/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin NW2 4LX
- 97 Melrose Avenue
Building | 4 Flats
- 99 Melrose Avenue
Unknown
- 101 Melrose Avenue
5 Bed Period House
- 103 Melrose Avenue
5 Bed House
- 105 Melrose Avenue
4 Bed Period House
Sales Market Trends
The last sale in NW2 4LX sold for £300,000 on 31st October 2025. Since then prices are down an average of 2.9%.
The current average value in the postcode is £692,641.
The NW2 4LX Sales Market has decreased by 3.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.8% | £692,641 |
| June 2025 | 0.4% | £719,732 |
| June 2024 | -0.9% | £716,734 |
| June 2023 | -1.2% | £723,465 |
| June 2022 | 2.8% | £731,922 |
| June 2021 | 0.1% | £711,686 |
| June 2020 | 1.9% | £710,845 |
| June 2019 | -0.7% | £697,849 |
| June 2018 | -1.7% | £702,587 |
| June 2017 | -0.8% | £714,699 |
| June 2016 | 8.1% | £720,624 |
| June 2015 | 2.5% | £666,935 |
| June 2014 | 19.8% | £650,634 |
| June 2013 | 11.1% | £543,043 |
| June 2012 | 5.4% | £488,688 |
| June 2011 | 3.4% | £463,798 |
| June 2010 | 11.9% | £448,521 |
| June 2009 | -10% | £400,712 |
| June 2008 | 6.9% | £445,388 |
| June 2007 | 0% | £416,770 |
Rental Market Trends
The current average rental value in the postcode is £3,058.
The NW2 4LX Rental Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.2% | £3,058pcm |
| June 2025 | -0.2% | £2,905pcm |
| June 2024 | 4% | £2,911pcm |
| June 2023 | 17.6% | £2,799pcm |
| June 2022 | 13.1% | £2,380pcm |
| June 2021 | -3.7% | £2,104pcm |
| June 2020 | -0.9% | £2,184pcm |
| June 2019 | 2.1% | £2,205pcm |
| June 2018 | 0.3% | £2,160pcm |
| June 2017 | -2.8% | £2,153pcm |
| June 2016 | 1.1% | £2,215pcm |
| June 2015 | 3.7% | £2,191pcm |
| June 2014 | 3.4% | £2,112pcm |
| June 2013 | -1.5% | £2,042pcm |
| June 2012 | 8.3% | £2,073pcm |
| June 2011 | 6.6% | £1,914pcm |
| June 2010 | 10.8% | £1,796pcm |
| June 2009 | -7.5% | £1,621pcm |
| June 2008 | 8.1% | £1,753pcm |
| June 2007 | 0% | £1,622pcm |
Sales History
The last sale was on 31st October 2025 for £300,000 and since then the market in the area has decreased by 2.9%. The postcode has had a total of 39 sales since 1995.
NW2 4LX has seen 3 sales in the last three years and 2 sales in the last twelve months.
- Sold Oct 2025£300,000 | 2 Bed FlatFlat 4, 115, Melrose Avenue, London, NW2 4LXFlat 4, 115, Melrose Avenue, London, NW2 4LX
- Sold Jul 2025£1,425,000 | 5 Bed House101, Melrose Avenue, London, NW2 4LX101, Melrose Avenue, London, NW2 4LX
- Sold May 2024£413,000 | 2 Bed Flat97C , Melrose Avenue, London, NW2 4LX97C , Melrose Avenue, London, NW2 4LX
- Sold Jan 2022£1,499,950 | 5 Bed House101, Melrose Avenue, London, NW2 4LX101, Melrose Avenue, London, NW2 4LX
- Sold Jan 2022£550,000 | 2 Bed Flat97A, Melrose Avenue, London, NW2 4LX97A, Melrose Avenue, London, NW2 4LX
Nearby Postcodes
NW2 4LX is the 601st largest and the 534th most expensive postcode out of the 1,217 postcodes in the NW2 area.
- NW2 4JX, Melrose Avenue, London, NW2NW2 4JX62 Addresses|82 m away
- NW2 4JT, Melrose Avenue, London, NW2NW2 4JT68 Addresses|94 m away
- NW2 4LR, Melrose Avenue, London, NW2NW2 4LR18 Addresses|94 m away
- NW2 4AN, Gardiner Avenue, London, NW2NW2 4AN11 Addresses|97 m away
- NW2 4LT, Chandos Road, London, NW2NW2 4LT31 Addresses|97 m away
Property Types
- 2 period houses built between 1800 and 1911
- 15 period flats built between 1800 and 1911
- 1 house of an unknown age
- 2 other addresses of unknown type
- period house (2)
- period flat (15)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (4)
- G (0)
- D (5)
- No EPC (8)
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 School400 m away
- Gladstone Park Primary School400 m away
- Convent of Jesus and Mary RC Infant School600 m away
- Hampstead School1.3 km away
- Queens Park Community School1.4 km away
- Menorah High School for Girls1.5 km away
More reading links
Public Transport Nearby
The closest station to NW2 4LX is Willesden Green station, which is 500 metres away.
- Willesden Green|500 m away
- Dollis Hill|1.0 km away
- Cricklewood|1.1 km away
- Kilburn|1.6 km away
