Property trends for NW11

    NW11 covers Golders Green, Hendon and surrounding areas in northwest London, well established residential neighbourhoods close to open space and with good transport links. The area is affluent and family-oriented, popular with professional households seeking space and amenities within the capital.

    At a Glance

    Average Property Price - NW11

    £1,143,814

    99

    National percentile

    Average Monthly Rent - NW

    £2,286

    95

    National percentile

    Average Net Household Income - NW11

    £58,316

    97

    National percentile

    Flat / Maisonette Yield - NW

    3.8%

    1

    National percentile

    10-Year Annualised Price Growth - NW11

    1.9%

    8

    National percentile

    10-Year Annualised Rent Growth - NW

    2.6%

    2

    National percentile

    Property Price & Volume Trends

    The latest average property price of £1,144,000 places NW11 among the most expensive postcodes nationally. However, 10-year annualised price growth of 1.9% is notably slow compared with the wider market, reflecting a period of modest appreciation. Transaction activity has declined: 193 sales in the latest year against a 10-year average of 250, suggesting a softer market.

    Rent & Yield Trends

    Average monthly rent of £2,286 is among the highest nationally. Rent growth over the past decade has been exceptionally slow at 2.6% per year—well below the national trend. The flat yield of 3.8% is currently above its 10-year average of 3.0%, indicating improving returns for investors despite the sluggish rent growth.

    Income & Affordability Trends

    Average household income of £58,316 is in the top 3% nationally, reflecting the area's affluent demographic profile. The price-to-income ratio of 25.1x has worsened since 2016 (21.2x), signalling that property values have outpaced income growth and affordability has compressed. Rental affordability, by contrast, has improved: the rent-to-income ratio has fallen to 47.9% from 56.1% in 2016, meaning rental costs now consume a smaller share of household income.

    Resident Demographic Profile

    The area has a notably large share of children and young families, with 23.1% aged under 15—well above the national average of 17.5%. The 35–49 age group is also overrepresented at 21.5%. The workforce is heavily skewed toward senior professional roles: 30.8% work in professional occupations and 23.3% are managers, both substantially above national levels. Private rental tenure is exceptionally high at 40.3%, more than double the national average, while outright ownership (30.6%) and mortgage ownership (22.7%) are below average.

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