At a Glance
Average Property Price - NW9
£468,338
77
National percentile
Average Monthly Rent - NW
£2,286
95
National percentile
Average Net Household Income - NW9
£39,651
57
National percentile
Flat / Maisonette Yield - NW
3.8%
1
National percentile
10-Year Annualised Price Growth - NW9
2.7%
19
National percentile
10-Year Annualised Rent Growth - NW
2.6%
2
National percentile
Property Price & Volume Trends
Properties in NW9 are among the most expensive nationally, with an average price of £468,000. However, price growth over the past decade has been sluggish: at 2.7% annualised, it ranks among the slowest nationally. Transaction activity has slowed markedly, with 521 sales in the latest year compared to an average of 799 over the previous decade—a decline of nearly 35%.
Rent & Yield Trends
Rents in the broader NW area are exceptionally high, at £2,286 per month and ranking among the very highest nationally. Rental growth has been weak, however, at 2.6% annually and significantly below the national pace. Yields have moved in a more positive direction: the current flat yield of 3.8% exceeds the 10-year average of 3.0%, reflecting a modest improvement in rental returns relative to capital values.
Income & Affordability Trends
Average household income of £40,000 is close to the national median. Affordability has deteriorated on the purchase side: the price-to-income ratio has risen from 10.9x in 2016 to 12.2x today, indicating that property prices have grown faster than earnings. Rental affordability, conversely, has improved significantly: the rent-to-income ratio has fallen from 56.1% to 47.9%, meaning housing costs consume a smaller share of income than six years ago.
Resident Demographic Profile
The population skews notably towards working-age and mid-career households: 35–49 year-olds account for 23.3%, well above the national average, while those aged 65 and over represent only 11.6%, below the national norm. Private rented housing is particularly prevalent at 33.7%—substantially above the national average of 21.7%—while owner-occupation is correspondingly lower. The employment profile shows above-average shares of trade occupations (12.4%) and elementary roles (13.0%), with fewer managers and professionals than the national average.