Lower Merton Rise - NW3 3RA
Key Postcode Insights
NW3 3RA is a residential postcode situated on Lower Merton Rise, London, NW3 with 19 addresses.
It ranks as the 612th largest and 943rd most expensive of the 1,182 postcodes in the NW3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 19 properties: 11 houses and 8 flats.
- Ave. Sale Price
- £1,899,592
- 10 Year change
- down 5.4%
- Ave. Rental Price
- £7,226pcm
- 10 Year change
- up 42.7%
- Ave. £ per ft²
- £951/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
NW3 3RA is a residential postcode situated on Lower Merton Rise, London, NW3 with 19 addresses.
It ranks as the 612th largest and 943rd most expensive of the 1,182 postcodes in the NW3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 19 properties: 11 houses and 8 flats.
- Ave. Sale Price
- £1,899,592
- 10 Year change
- down 5.4%
- Ave. Rental Price
- £7,226pcm
- 10 Year change
- up 42.7%
- Ave. £ per ft²
- £951/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin NW3 3RA
- 1 Lower Merton Rise
House
- 3 Lower Merton Rise
3 Bed Mid-century House
- 5 Lower Merton Rise
5 Bed Mid-century House
- 7 Lower Merton Rise
5 Bed Mid-century House
- 9 Lower Merton Rise
House
Sales Market Trends
The last sale in NW3 3RA sold for £2,265,000 on 30th May 2025. Since then prices are down an average of 1.7%.
The current average value in the postcode is £1,899,592.
The NW3 3RA Sales Market has decreased by 5.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £1,899,592 |
| June 2025 | 0.4% | £1,930,506 |
| June 2024 | -0.8% | £1,923,225 |
| June 2023 | 0.2% | £1,938,245 |
| June 2022 | 2.9% | £1,935,333 |
| June 2021 | 0.1% | £1,880,433 |
| June 2020 | 1.1% | £1,879,166 |
| June 2019 | -1.4% | £1,858,578 |
| June 2018 | -3.3% | £1,885,790 |
| June 2017 | -2.9% | £1,949,857 |
| June 2016 | 3.7% | £2,008,262 |
| June 2015 | 4.3% | £1,936,045 |
| June 2014 | 16.9% | £1,856,372 |
| June 2013 | 7.5% | £1,587,889 |
| June 2012 | 8.9% | £1,477,118 |
| June 2011 | 6.1% | £1,356,302 |
| June 2010 | 16.6% | £1,277,777 |
| June 2009 | -8.7% | £1,095,720 |
| June 2008 | 6.2% | £1,200,772 |
| June 2007 | 0% | £1,130,805 |
Rental Market Trends
The current average rental value in the postcode is £7,226.
The NW3 3RA Rental Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.2% | £7,226pcm |
| June 2025 | 4.1% | £6,805pcm |
| June 2024 | 3.7% | £6,535pcm |
| June 2023 | 11.7% | £6,304pcm |
| June 2022 | 17.5% | £5,646pcm |
| June 2021 | -5.5% | £4,805pcm |
| June 2020 | 0.2% | £5,083pcm |
| June 2019 | 2.1% | £5,073pcm |
| June 2018 | 0.6% | £4,968pcm |
| June 2017 | -2.4% | £4,939pcm |
| June 2016 | 1.7% | £5,063pcm |
| June 2015 | 4.2% | £4,980pcm |
| June 2014 | 2% | £4,781pcm |
| June 2013 | -3.3% | £4,686pcm |
| June 2012 | 2.2% | £4,848pcm |
| June 2011 | 10.5% | £4,744pcm |
| June 2010 | 10.8% | £4,292pcm |
| June 2009 | -10.4% | £3,873pcm |
| June 2008 | 6% | £4,324pcm |
| June 2007 | 0% | £4,081pcm |
Sales History
The last sale was on 30th May 2025 for £2,265,000 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 27 sales since 1995.
NW3 3RA has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold May 2025£2,265,000 | 5 Bed House11, Lower Merton Rise, London, NW3 3RA11, Lower Merton Rise, London, NW3 3RA
- Sold Jan 2023£625,000 | 3 Bed FlatFlat 4, 21, Lower Merton Rise, London, NW3 3RAFlat 4, 21, Lower Merton Rise, London, NW3 3RA
- Sold Oct 2020£2,700,000 | 5 Bed House13, Lower Merton Rise, London, NW3 3RA13, Lower Merton Rise, London, NW3 3RA
- Sold Nov 2016£2,720,000 | 5 Bed House11, Lower Merton Rise, London, NW3 3RA11, Lower Merton Rise, London, NW3 3RA
- Sold Mar 2014£300,000 | 2 Bed FlatFlat 3, 21, Lower Merton Rise, London, NW3 3RAFlat 3, 21, Lower Merton Rise, London, NW3 3RA
Nearby Postcodes
NW3 3RA is the 612th largest and the 943rd most expensive postcode out of the 1,182 postcodes in the NW3 area.
- NW3 3NN, Adelaide Road, London, NW3NW3 3NN24 Addresses|30 m away
- NW3 3SP, Lower Merton Rise, London, NW3NW3 3SP13 Addresses|47 m away
- NW3 3SL, King Henrys Road, London, NW3NW3 3SL5 Addresses|55 m away
- NW3 3SR, Lyttelton Close, London, NW3NW3 3SR5 Addresses|73 m away
- NW3 3SU, Elliott Square, London, NW3NW3 3SU39 Addresses|82 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 8 mid-century flats built between 1936 and 1979
- 5 other addresses of unknown type
- mid-century house (6)
- mid-century flat (8)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (11)
- G (0)
- D (1)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Nov 2016£2,720,000 | 5 Bed House11, Lower Merton Rise, London, NW3 3RA11, Lower Merton Rise, London, NW3 3RA
- Sold Oct 2020£2,700,000 | 5 Bed House13, Lower Merton Rise, London, NW3 3RA13, Lower Merton Rise, London, NW3 3RA
- Sold May 2025£2,265,000 | 5 Bed House11, Lower Merton Rise, London, NW3 3RA11, Lower Merton Rise, London, NW3 3RA
Schools Nearby
- St Paul's Church of England Primary School300 m away
- Holy Trinity CofE Primary School, NW3900 m away
- Rosary Catholic Primary School1.1 km away
- The UCL Academy400 m away
- Harris Academy St John's Wood900 m away
- Haverstock School1.0 km away
More reading links
Public Transport Nearby
The closest station to NW3 3RA is Swiss Cottage station, which is 500 metres away.
- Swiss Cottage|500 m away
- South Hampstead|800 m away
- Belsize Park|900 m away
- Chalk Farm|900 m away
