Property trends for HA2

    HA2 covers Harrow and surrounding areas in north-west London, forming part of the broader Harrow borough. It is a diverse, well-connected suburban district with strong transport links and a mixed residential character.

    At a Glance

    Average Property Price - HA2

    £521,305

    83

    National percentile

    Average Monthly Rent - HA

    £1,775

    90

    National percentile

    Average Net Household Income - HA2

    £52,990

    93

    National percentile

    Flat / Maisonette Yield - HA

    5.2%

    28

    National percentile

    10-Year Annualised Price Growth - HA2

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - HA

    3.2%

    16

    National percentile

    Property Price & Volume Trends

    The latest average property price of £521,000 places HA2 among the most expensive nationally. However, 10-year annualised growth of 3.3% is below the national average, suggesting more modest capital appreciation than many UK regions. Transaction volumes have eased recently, with 285 sales recorded in the latest full year compared to a 10-year average of 427, indicating a cooling in activity.

    Rent & Yield Trends

    Rents in the broader HA postcode area average £1,775 monthly, placing the area among the most expensive for rental accommodation nationally. Rent growth of 3.2% annualised over the past decade has lagged the national pace considerably. The flat yield of 5.2% in the latest year represents a notable improvement on the 10-year average of 4.3%, suggesting rental returns have strengthened recently relative to capital values.

    Income & Affordability Trends

    Average household income of £52,990 is well above the national average, reflecting the area's affluent demographic profile. The price-to-income ratio has improved markedly, from 10.8x in 2016 to 9.6x today, indicating property has become more affordable relative to earnings over this period. Rental affordability has similarly improved, with the rent-to-income ratio falling from 37.9% to 34.3%, easing the burden on renters.

    Resident Demographic Profile

    HA2 has a distinctly family-oriented age profile, with children (under 15) comprising 20.4% of the population—notably above the national average of 17.5%. The 35–49 age group is also overrepresented at 23.5% versus 18.7% nationally, while those aged 65 and over are underrepresented at 12.5% against 19.6%. The area is notably rental-heavy, with 34.7% in private rented accommodation against a national figure of 21.7%, and a correspondingly lower proportion owning outright (25% vs 33.7%). Professionally employed residents are overrepresented at 24.8% versus 20.5% nationally, though caring professions are notably under-represented.

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