NW3 2LL is a residential postcode situated on Elm Terrace, London, NW3 with 7 addresses.
It ranks as the 261st largest and 422nd most expensive of the 1,185 postcodes in the NW3 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 7 properties: 7 flats.
NW3 2LL is a residential postcode situated on Elm Terrace, London, NW3 with 7 addresses.
It ranks as the 261st largest and 422nd most expensive of the 1,185 postcodes in the NW3 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 7 properties: 7 flats.
Sale prices range from £394,328 for 1 bedroom leasehold flats (441 ft2) to £1,071,029 for 3 bedroom leasehold flats with a garden (1,033 ft2) .
Monthly rental prices range from £1,797 pcm for 1 bed flats to £4,068 pcm for 3 bed flats.
The gross rental yield is between 4.6% and 5.5%.
The average value per square foot is £718.
The last sale in NW3 2LL sold for £700,000 on 26th March 2021. Since then prices are up an average of 0.3%.
The current average value in the postcode is £776,236.
The NW3 2LL Sales Market has decreased by 5.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.4% | £776,236 |
| April 2025 | -0.2% | £779,439 |
| April 2024 | -1.5% | £781,342 |
| April 2023 | 1.1% | £792,922 |
| April 2022 | 1.5% | £784,218 |
| April 2021 | 0.5% | £772,312 |
| April 2020 | 0.3% | £768,657 |
| April 2019 | -0.6% | £766,291 |
| April 2018 | -5% | £771,206 |
| April 2017 | -1.4% | £811,444 |
| April 2016 | 5.2% | £822,904 |
| April 2015 | 4.7% | £782,381 |
| April 2014 | 17.6% | £747,367 |
| April 2013 | 8.7% | £635,723 |
| April 2012 | 9.9% | £584,679 |
| April 2011 | 2.8% | £532,134 |
| April 2010 | 14.4% | £517,770 |
| April 2009 | -13% | £452,730 |
| April 2008 | 15.4% | £520,244 |
| April 2007 | 0% | £450,744 |
The current average rental value in the postcode is £3,283.
The NW3 2LL Rental Market has increased by 36.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.9% | £3,283pcm |
| April 2025 | 3.1% | £3,101pcm |
| April 2024 | 3.7% | £3,007pcm |
| April 2023 | 12.6% | £2,900pcm |
| April 2022 | 14.6% | £2,574pcm |
| April 2021 | -8.4% | £2,247pcm |
| April 2020 | 2.9% | £2,454pcm |
| April 2019 | 2.4% | £2,385pcm |
| April 2018 | -1.7% | £2,329pcm |
| April 2017 | -1.8% | £2,369pcm |
| April 2016 | 1.6% | £2,413pcm |
| April 2015 | 4.7% | £2,375pcm |
| April 2014 | -0.2% | £2,268pcm |
| April 2013 | -1.5% | £2,272pcm |
| April 2012 | 5.5% | £2,307pcm |
| April 2011 | 9.1% | £2,187pcm |
| April 2010 | 6.2% | £2,004pcm |
| April 2009 | -10% | £1,887pcm |
| April 2008 | 10.2% | £2,096pcm |
| April 2007 | 0% | £1,901pcm |
The last sale was on 26th March 2021 for £700,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 5 sales since 1995.
NW3 2LL has seen no sales in the last three years and no sales in the last twelve months.
NW3 2LL is the 261st largest and the 422nd most expensive postcode out of the 1,185 postcodes in the NW3 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around NW3 2LL, 32.4% of property is privately rented and 27.6% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NW3 2LL, 15.2% of residents are recorded as possessing school level qualifications and 69.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NW3 2LL, the average age was 39.3 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NW3 2LL, 1.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NW3 2LL, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.