NW2 5RL is a residential postcode situated on Willesden Lane, London, NW2 with 18 addresses.
It ranks as the 556th largest and 787th most expensive of the 1,217 postcodes in the NW2 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 18 properties: 18 flats.
NW2 5RL is a residential postcode situated on Willesden Lane, London, NW2 with 18 addresses.
It ranks as the 556th largest and 787th most expensive of the 1,217 postcodes in the NW2 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 18 properties: 18 flats.
Sale prices range from £456,634 for 3 bedroom leasehold flats with a balcony (893 ft2) to £585,736 for 3 bedroom leasehold flats with a balcony (1,367 ft2) .
Monthly rental prices range from £2,439 pcm for 3 bed flats to £3,006 pcm for 3 bed flats.
The gross rental yield is between 6.2% and 6.4%.
The average value per square foot is £444.
The last sale in NW2 5RL sold for £605,000 on 15th January 2020. Since then prices are down an average of 6.2%.
The current average value in the postcode is £529,984.
The NW2 5RL Sales Market has decreased by 8.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.4% | £529,984 |
| April 2025 | -1.1% | £554,358 |
| April 2024 | -1.5% | £560,580 |
| April 2023 | 0.3% | £569,002 |
| April 2022 | 1.6% | £567,138 |
| April 2021 | -0.9% | £557,932 |
| April 2020 | 2% | £563,030 |
| April 2019 | -1.4% | £552,153 |
| April 2018 | -2.7% | £559,796 |
| April 2017 | -0.1% | £575,559 |
| April 2016 | 6.1% | £576,221 |
| April 2015 | 6.3% | £542,899 |
| April 2014 | 19.1% | £510,500 |
| April 2013 | 12% | £428,684 |
| April 2012 | 5.1% | £382,629 |
| April 2011 | 3.4% | £364,126 |
| April 2010 | 10.2% | £352,044 |
| April 2009 | -12.4% | £319,595 |
| April 2008 | 13.3% | £364,637 |
| April 2007 | 0% | £321,922 |
The current average rental value in the postcode is £2,746.
The NW2 5RL Rental Market has increased by 30.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £2,746pcm |
| April 2025 | -1.1% | £2,655pcm |
| April 2024 | 5.5% | £2,684pcm |
| April 2023 | 16.6% | £2,544pcm |
| April 2022 | 11.9% | £2,183pcm |
| April 2021 | -7% | £1,951pcm |
| April 2020 | 1.1% | £2,099pcm |
| April 2019 | 2.3% | £2,077pcm |
| April 2018 | -1% | £2,029pcm |
| April 2017 | -2.5% | £2,049pcm |
| April 2016 | 0% | £2,102pcm |
| April 2015 | 5.5% | £2,102pcm |
| April 2014 | 2.8% | £1,992pcm |
| April 2013 | -0.4% | £1,938pcm |
| April 2012 | 7.5% | £1,946pcm |
| April 2011 | 6.7% | £1,810pcm |
| April 2010 | 7.7% | £1,696pcm |
| April 2009 | -7.8% | £1,575pcm |
| April 2008 | 9.8% | £1,708pcm |
| April 2007 | 0% | £1,555pcm |
The last sale was on 15th January 2020 for £605,000 and since then the market in the area has decreased by 6.2%. The postcode has had a total of 5 sales since 1995.
NW2 5RL has seen no sales in the last three years and no sales in the last twelve months.
NW2 5RL is the 556th largest and the 787th most expensive postcode out of the 1,217 postcodes in the NW2 area.
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