Willesden Lane - NW2 5RE
Key Postcode Insights
NW2 5RE is a residential postcode situated on Willesden Lane, London, NW2 with 40 addresses.
It ranks as the 971st largest and 219th 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 40 properties: 5 houses and 35 flats.
- Ave. Sale Price
- £591,410
- 10 Year change
- down 6.4%
- Ave. Rental Price
- £2,607pcm
- 10 Year change
- up 36.4%
- Ave. £ per ft²
- £776/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
NW2 5RE is a residential postcode situated on Willesden Lane, London, NW2 with 40 addresses.
It ranks as the 971st largest and 219th 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 40 properties: 5 houses and 35 flats.
- Ave. Sale Price
- £591,410
- 10 Year change
- down 6.4%
- Ave. Rental Price
- £2,607pcm
- 10 Year change
- up 36.4%
- Ave. £ per ft²
- £776/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin NW2 5RE
- 236 Willesden Lane
Modern Building | 6 Units
- 238 Willesden Lane
Period Building | 5 Units
- 240 Willesden Lane
Period Building | 6 Units
- 242 Willesden Lane
5 Bed Period House
- 244 Willesden Lane
5 Bed Period House
Sales Market Trends
The last sale in NW2 5RE sold for £578,000 on 26th June 2025. Since then prices are down an average of 2.6%.
The current average value in the postcode is £591,410.
The NW2 5RE Sales Market has decreased by 6.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £591,410 |
| June 2025 | 0% | £610,682 |
| June 2024 | -1.2% | £610,847 |
| June 2023 | -0.7% | £617,955 |
| June 2022 | 2.2% | £622,123 |
| June 2021 | -0.6% | £608,725 |
| June 2020 | 1.7% | £612,159 |
| June 2019 | -1.1% | £601,881 |
| June 2018 | -2.1% | £608,286 |
| June 2017 | -1.7% | £621,136 |
| June 2016 | 7.2% | £631,863 |
| June 2015 | 3.2% | £589,479 |
| June 2014 | 19.4% | £571,267 |
| June 2013 | 10.4% | £478,521 |
| June 2012 | 5.9% | £433,488 |
| June 2011 | 4.9% | £409,220 |
| June 2010 | 10.8% | £390,226 |
| June 2009 | -10.8% | £352,184 |
| June 2008 | 7.6% | £394,617 |
| June 2007 | 0% | £366,753 |
Rental Market Trends
The current average rental value in the postcode is £2,607.
The NW2 5RE Rental Market has increased by 36.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.5% | £2,607pcm |
| June 2025 | 0.6% | £2,470pcm |
| June 2024 | 3.5% | £2,455pcm |
| June 2023 | 16.3% | £2,373pcm |
| June 2022 | 13.9% | £2,041pcm |
| June 2021 | -4.6% | £1,792pcm |
| June 2020 | -1.2% | £1,877pcm |
| June 2019 | 2.3% | £1,901pcm |
| June 2018 | 0.5% | £1,858pcm |
| June 2017 | -3.3% | £1,849pcm |
| June 2016 | 1.7% | £1,912pcm |
| June 2015 | 3.5% | £1,879pcm |
| June 2014 | 2.8% | £1,816pcm |
| June 2013 | -2.3% | £1,766pcm |
| June 2012 | 7% | £1,808pcm |
| June 2011 | 7.2% | £1,690pcm |
| June 2010 | 9.4% | £1,577pcm |
| June 2009 | -8.9% | £1,441pcm |
| June 2008 | 8.9% | £1,582pcm |
| June 2007 | 0% | £1,452pcm |
Sales History
The last sale was on 26th June 2025 for £578,000 and since then the market in the area has decreased by 2.6%. The postcode has had a total of 15 sales since 1995.
NW2 5RE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2025£578,000 | 2 Bed FlatFlat 2, 250, Willesden Lane, London, NW2 5REFlat 2, 250, Willesden Lane, London, NW2 5RE
- Sold Aug 2022£500,000 | 2 Bed FlatFlat 3, 250, Willesden Lane, London, NW2 5REFlat 3, 250, Willesden Lane, London, NW2 5RE
- Sold Jun 2022£2,550,000 | 6 Bed House244, Willesden Lane, London, NW2 5RE244, Willesden Lane, London, NW2 5RE
- Sold Aug 2018£100,000 | 6 Bed House242, Willesden Lane, London, NW2 5RE242, Willesden Lane, London, NW2 5RE
- Sold Aug 2017£2,700,000 | 6 Bed House242, Willesden Lane, London, NW2 5RE242, Willesden Lane, London, NW2 5RE
Nearby Postcodes
NW2 5RE is the 971st largest and the 219th most expensive postcode out of the 1,217 postcodes in the NW2 area.
- NW2 5RJ, Willesden Lane, London, NW2NW2 5RJ31 Addresses|57 m away
- NW2 5RH, Willesden Lane, London, NW2NW2 5RH36 Addresses|59 m away
- NW2 5RL, Willesden Lane, London, NW2NW2 5RL18 Addresses|79 m away
- NW2 5RG, Willesden Lane, London, NW2NW2 5RG20 Addresses|88 m away
- NW2 5RN, Willesden Lane, London, NW2NW2 5RN18 Addresses|121 m away
Property Types
- 3 period houses built between 1800 and 1911
- 30 period flats built between 1800 and 1911
- 6 modern flats built after 1980
- 1 other address of unknown type
- period house (3)
- period flat (30)
- modern flat (6)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (2)
- F (0)
- C (9)
- G (0)
- D (10)
- No EPC (18)
Top 3 Most Expensive Sales
- Sold Aug 2017£2,700,000 | 6 Bed House242, Willesden Lane, London, NW2 5RE242, Willesden Lane, London, NW2 5RE
- Sold Jun 2022£2,550,000 | 6 Bed House244, Willesden Lane, London, NW2 5RE244, Willesden Lane, London, NW2 5RE
- Sold Dec 2014£2,000,000 | 6 Bed House248, Willesden Lane, London, NW2 5RE248, Willesden Lane, London, NW2 5RE
Schools Nearby
- North West London Jewish Day School500 m away
- Malorees Primary School600 m away
- Convent of Jesus and Mary RC Infant School700 m away
- Queens Park Community School700 m away
- Hampstead School1.3 km away
- Harris Lowe Academy Willesden1.5 km away
More reading links
Public Transport Nearby
The closest station to NW2 5RE is Willesden Green station, which is 400 metres away.
- Willesden Green|400 m away
- Brondesbury Park|800 m away
- Kilburn|900 m away
- Brondesbury|1.0 km away
