Property trends for NW10

    NW10 covers areas in northwest London, including Willesden and Gladstone Park. It is a diverse, densely populated district with a strong rental market and multicultural character.

    At a Glance

    Average Property Price - NW10

    £710,706

    94

    National percentile

    Average Monthly Rent - NW

    £2,286

    95

    National percentile

    Average Net Household Income - NW10

    £43,228

    70

    National percentile

    Flat / Maisonette Yield - NW

    3.8%

    1

    National percentile

    10-Year Annualised Price Growth - NW10

    2.7%

    20

    National percentile

    10-Year Annualised Rent Growth - NW

    2.6%

    2

    National percentile

    Property Price & Volume Trends

    Properties in NW10 are among the most expensive nationally, with an average price of £711,000. However, growth over the past decade has been sluggish, with annualised appreciation of just 2.7%—well below the national pace. Transaction volumes have also softened, dropping from an average of 543 sales per year to 385 in the latest full year.

    Rent & Yield Trends

    Rents in the broader NW area are among the highest in the country, averaging £2,286 per month, but growth has stalled almost entirely at 2.6% annually—far slower than the national trend. The flat yield has improved to 3.8% from a 10-year average of 3.0%, reflecting the relative stability of rental income against stagnant capital growth.

    Income & Affordability Trends

    Average household income is above the national median at £43,228. Purchasing affordability has deteriorated: the price-to-income ratio stands at 16.7x, up from 15.7x in 2016. Rental affordability, by contrast, has improved meaningfully; the rent-to-income ratio has fallen to 47.9% from 56.1% over the same period.

    Resident Demographic Profile

    NW10 has a notably younger age profile, with children under 15 accounting for 20.3% and those 65+ only 9.9%, well below the national average. Housing tenure is distinctive: just 26% own their home (outright or with mortgage), while 71.6% are renters—far above the national norm. The employment profile is marked by higher rates of elementary work (14.2%) and caring roles (11.4%), offset by lower representation among managers and trades workers.

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