Lower Merton Rise - NW3 3SP
Key Postcode Insights
NW3 3SP is a residential postcode situated on Lower Merton Rise, London, NW3 with 13 addresses.
It ranks as the 471st largest and 923rd most expensive of the 1,182 postcodes in the NW3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 13 properties: 12 houses and 1 flat.
- Ave. Sale Price
- £2,526,228
- 10 Year change
- down 4.4%
- Ave. Rental Price
- £9,131pcm
- 10 Year change
- up 45.0%
- Ave. £ per ft²
- £1,019/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
NW3 3SP is a residential postcode situated on Lower Merton Rise, London, NW3 with 13 addresses.
It ranks as the 471st largest and 923rd most expensive of the 1,182 postcodes in the NW3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 13 properties: 12 houses and 1 flat.
- Ave. Sale Price
- £2,526,228
- 10 Year change
- down 4.4%
- Ave. Rental Price
- £9,131pcm
- 10 Year change
- up 45.0%
- Ave. £ per ft²
- £1,019/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin NW3 3SP
- 2 Lower Merton Rise
House
- 4 Lower Merton Rise
House
- 8 Lower Merton Rise
House
- 10 Lower Merton Rise
4 Bed Mid-century House
- 12 Lower Merton Rise
4 Bed Mid-century House
Sales Market Trends
The last sale in NW3 3SP sold for £1,900,000 on 16th September 2024. Since then prices are down an average of 1.3%.
The current average value in the postcode is £2,526,228.
The NW3 3SP Sales Market has decreased by 4.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £2,526,228 |
| June 2025 | 0.3% | £2,576,598 |
| June 2024 | -0.9% | £2,569,737 |
| June 2023 | 0.4% | £2,594,084 |
| June 2022 | 3.7% | £2,583,249 |
| June 2021 | 0.6% | £2,491,565 |
| June 2020 | 1.2% | £2,477,791 |
| June 2019 | -1.7% | £2,448,465 |
| June 2018 | -2.9% | £2,490,297 |
| June 2017 | -2.9% | £2,565,780 |
| June 2016 | 3.4% | £2,641,260 |
| June 2015 | 4.1% | £2,554,820 |
| June 2014 | 16.9% | £2,453,984 |
| June 2013 | 7.2% | £2,099,977 |
| June 2012 | 8.9% | £1,959,616 |
| June 2011 | 6.8% | £1,799,405 |
| June 2010 | 18.4% | £1,684,766 |
| June 2009 | -8.8% | £1,423,467 |
| June 2008 | 6.5% | £1,561,010 |
| June 2007 | 0% | £1,466,383 |
Rental Market Trends
The current average rental value in the postcode is £9,131.
The NW3 3SP Rental Market has increased by 45.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.9% | £9,131pcm |
| June 2025 | 4.2% | £8,622pcm |
| June 2024 | 3.7% | £8,276pcm |
| June 2023 | 11.6% | £7,981pcm |
| June 2022 | 18.7% | £7,151pcm |
| June 2021 | -5.3% | £6,026pcm |
| June 2020 | 0.5% | £6,365pcm |
| June 2019 | 1.9% | £6,330pcm |
| June 2018 | 1% | £6,215pcm |
| June 2017 | -2.3% | £6,154pcm |
| June 2016 | 1.3% | £6,298pcm |
| June 2015 | 4.1% | £6,216pcm |
| June 2014 | 1.6% | £5,971pcm |
| June 2013 | -3.3% | £5,879pcm |
| June 2012 | 2.1% | £6,080pcm |
| June 2011 | 11.2% | £5,953pcm |
| June 2010 | 12.2% | £5,354pcm |
| June 2009 | -10.7% | £4,773pcm |
| June 2008 | 6.6% | £5,345pcm |
| June 2007 | 0% | £5,012pcm |
Sales History
The last sale was on 16th September 2024 for £1,900,000 and since then the market in the area has decreased by 1.3%. The postcode has had a total of 17 sales since 1995.
NW3 3SP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2024£1,900,000 | 4 Bed House10, Lower Merton Rise, London, NW3 3SP10, Lower Merton Rise, London, NW3 3SP
- Sold Nov 2012£2,000,000 | 4 Bed House10, Lower Merton Rise, London, NW3 3SP10, Lower Merton Rise, London, NW3 3SP
- Sold Feb 2011£1,225,000 | 4 Bed House10, Lower Merton Rise, London, NW3 3SP10, Lower Merton Rise, London, NW3 3SP
- Sold Aug 2007£925,000 | 4 Bed House14, Lower Merton Rise, London, NW3 3SP14, Lower Merton Rise, London, NW3 3SP
- Sold Dec 2005£735,000 | 4 Bed House8, Lower Merton Rise, London, NW3 3SP8, Lower Merton Rise, London, NW3 3SP
Nearby Postcodes
NW3 3SP is the 471st largest and the 923rd most expensive postcode out of the 1,182 postcodes in the NW3 area.
- NW3 3RA, Lower Merton Rise, London, NW3NW3 3RA19 Addresses|47 m away
- NW3 3SU, Elliott Square, London, NW3NW3 3SU39 Addresses|50 m away
- NW3 3SL, King Henrys Road, London, NW3NW3 3SL5 Addresses|67 m away
- NW3 3NN, Adelaide Road, London, NW3NW3 3NN24 Addresses|75 m away
- NW3 3QX, King Henrys Road, London, NW3NW3 3QX56 Addresses|77 m away
Property Types
- 1 modern house built after 1980
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 8 other addresses of unknown type
- modern house (1)
- mid-century house (3)
- house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (9)
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 School200 m away
- Holy Trinity CofE Primary School, NW3900 m away
- Primrose Hill School1.1 km away
- The UCL Academy400 m away
- Harris Academy St John's Wood900 m away
- Haverstock School900 m away
More reading links
Public Transport Nearby
The closest station to NW3 3SP is Swiss Cottage station, which is 600 metres away.
- Swiss Cottage|600 m away
- South Hampstead|900 m away
- Chalk Farm|900 m away
- Belsize Park|900 m away
