NW7 1RY is a residential postcode situated on Royal Engineers Way, London, NW7 with 61 addresses.
It ranks as the 722nd largest and 187th most expensive of the 729 postcodes in the NW7 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 61 properties: 61 flats.
NW7 1RY is a residential postcode situated on Royal Engineers Way, London, NW7 with 61 addresses.
It ranks as the 722nd largest and 187th most expensive of the 729 postcodes in the NW7 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 61 properties: 61 flats.
Sale prices range from £400,016 for 2 bedroom leasehold flats with a balcony (538 ft2) to £871,323 for 3 bedroom leasehold flats with a balcony (1,714 ft2) .
Monthly rental prices range from £1,777 pcm for 2 bed flats to £3,706 pcm for 3 bed flats.
The gross rental yield is between 5.0% and 5.8%.
The average value per square foot is £700.
The last sale in NW7 1RY sold for £402,450 on 23rd May 2025. Since then prices are down an average of 1.4%.
The current average value in the postcode is £527,925.
The NW7 1RY Sales Market has decreased by 1.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.2% | £527,925 |
| April 2025 | 1.2% | £534,563 |
| April 2024 | -2.5% | £528,406 |
| April 2023 | -1% | £542,225 |
| April 2022 | 2.9% | £547,452 |
| April 2021 | -0.6% | £532,014 |
| April 2020 | 1.8% | £535,078 |
| April 2019 | -0.5% | £525,451 |
| April 2018 | -2.6% | £527,855 |
| April 2017 | 0.8% | £542,099 |
| April 2016 | 7% | £537,722 |
| April 2015 | 10% | £502,456 |
| April 2014 | 14.2% | £456,888 |
| April 2013 | 2.5% | £400,122 |
| April 2012 | 6.3% | £390,261 |
| April 2011 | 4.7% | £367,061 |
| April 2010 | 6.7% | £350,719 |
| April 2009 | -8.5% | £328,808 |
| April 2008 | 6.5% | £359,394 |
| April 2007 | 0% | £337,555 |
The current average rental value in the postcode is £2,330.
The NW7 1RY Rental Market has increased by 29.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £2,330pcm |
| April 2025 | 3.7% | £2,252pcm |
| April 2024 | 4% | £2,171pcm |
| April 2023 | 12.3% | £2,088pcm |
| April 2022 | 5.9% | £1,859pcm |
| April 2021 | -2.1% | £1,756pcm |
| April 2020 | 2.8% | £1,793pcm |
| April 2019 | 1.2% | £1,744pcm |
| April 2018 | -1.7% | £1,724pcm |
| April 2017 | -2.4% | £1,754pcm |
| April 2016 | 1.5% | £1,798pcm |
| April 2015 | 5.6% | £1,772pcm |
| April 2014 | 1.6% | £1,678pcm |
| April 2013 | 2.7% | £1,652pcm |
| April 2012 | 6.3% | £1,608pcm |
| April 2011 | 7.7% | £1,513pcm |
| April 2010 | 0.7% | £1,404pcm |
| April 2009 | -3.6% | £1,394pcm |
| April 2008 | 7.8% | £1,446pcm |
| April 2007 | 0% | £1,341pcm |
The last sale was on 23rd May 2025 for £402,450 and since then the market in the area has decreased by 1.4%. The postcode has had a total of 70 sales since 1995.
NW7 1RY has seen 5 sales in the last three years and no sales in the last twelve months.
NW7 1RY is the 722nd largest and the 187th most expensive postcode out of the 729 postcodes in the NW7 area.
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