NW5 1AR is a residential postcode situated on Spencer Rise, London, NW5 with 42 addresses.
It ranks as the 480th largest and 526th most expensive of the 590 postcodes in the NW5 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 42 properties: 31 houses and 11 flats.
NW5 1AR is a residential postcode situated on Spencer Rise, London, NW5 with 42 addresses.
It ranks as the 480th largest and 526th most expensive of the 590 postcodes in the NW5 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 42 properties: 31 houses and 11 flats.
Sale prices range from £314,909 for 1 bedroom leasehold flats (290 ft2) to £1,819,387 for 5 bedroom freehold houses with a garden (2,120 ft2) .
Monthly rental prices range from £1,442 pcm for 1 bed flats to £8,482 pcm for 5 bed houses.
The gross rental yield is between 5.1% and 5.6%.
The average value per square foot is £1,012.
The last sale in NW5 1AR sold for £1,180,000 on 23rd May 2025. Since then prices are down an average of 2.3%.
The current average value in the postcode is £1,178,029.
The NW5 1AR Sales Market has increased by 1.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2% | £1,178,029 |
| May 2025 | 1.2% | £1,201,615 |
| May 2024 | 0% | £1,187,006 |
| May 2023 | 1.3% | £1,186,555 |
| May 2022 | 4.1% | £1,171,098 |
| May 2021 | -0.3% | £1,124,819 |
| May 2020 | 2.8% | £1,128,755 |
| May 2019 | -1.3% | £1,098,474 |
| May 2018 | -3.8% | £1,113,273 |
| May 2017 | -0.5% | £1,157,570 |
| May 2016 | 7.2% | £1,163,057 |
| May 2015 | 3.6% | £1,085,169 |
| May 2014 | 22% | £1,047,697 |
| May 2013 | 10.6% | £858,621 |
| May 2012 | 5.9% | £776,013 |
| May 2011 | 5.1% | £732,734 |
| May 2010 | 13% | £697,471 |
| May 2009 | -10.3% | £617,136 |
| May 2008 | 11% | £687,997 |
| May 2007 | 0% | £619,960 |
The current average rental value in the postcode is £5,317.
The NW5 1AR Rental Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.4% | £5,317pcm |
| May 2025 | 4.4% | £5,042pcm |
| May 2024 | 5% | £4,828pcm |
| May 2023 | 15.5% | £4,598pcm |
| May 2022 | 14.2% | £3,982pcm |
| May 2021 | -6.3% | £3,487pcm |
| May 2020 | 2.6% | £3,723pcm |
| May 2019 | 1.3% | £3,629pcm |
| May 2018 | -0.5% | £3,582pcm |
| May 2017 | -2.7% | £3,601pcm |
| May 2016 | 1% | £3,702pcm |
| May 2015 | 4.8% | £3,667pcm |
| May 2014 | 1.7% | £3,501pcm |
| May 2013 | -2.3% | £3,442pcm |
| May 2012 | 5.5% | £3,521pcm |
| May 2011 | 10.1% | £3,339pcm |
| May 2010 | 9.4% | £3,033pcm |
| May 2009 | -5.7% | £2,772pcm |
| May 2008 | 8.8% | £2,940pcm |
| May 2007 | 0% | £2,702pcm |
The last sale was on 23rd May 2025 for £1,180,000 and since then the market in the area has decreased by 2.3%. The postcode has had a total of 50 sales since 1995.
NW5 1AR has seen 2 sales in the last three years and no sales in the last twelve months.
NW5 1AR is the 480th largest and the 526th most expensive postcode out of the 590 postcodes in the NW5 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around NW5 1AR, 32.4% of property is privately owned with a mortgage and 29.6% is privately owned outright.
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 NW5 1AR, 27.6% of residents are recorded as possessing school level qualifications and 64.3% 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 NW5 1AR, the average age was 38.9 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 NW5 1AR, 5.8% 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 NW5 1AR, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.