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NW2 is a postcode district in the NW (North-West London) postcode area, covering 8.7 km². Prices, sales and comparisons below are for homes sold in the twelve months to July 2026, from HM Land Registry sales matched to their energy certificate.
In the twelve months to July 2026, homes sold in NW2 (Cricklewood) went for a median £6,508 per square metre, -7.0% on the previous twelve months and -1.5% on five years earlier. The median price paid was £532,500, across 353 sales (647 in the twelve months before).
That is 13.2% below the median for the NW postcode area (£7,500) and 2.3% above London as a whole (£6,364), ranking NW2 103rd of 219 London postcode districts by price per square metre and 7th of 11 in NW. Closest in price across London: N12 North Finchley (£6,518) and NW7 Mill Hill (£6,503).
55% of the homes sold were flats or maisonettes and the median home sold had 81 m² of floor space. Flats sold for a median £410,000 and houses for £770,000.
Of the 6 districts bordering NW2, 3 are dearer per square metre. The dearest is NW3 Hampstead at £11,370 and the cheapest NW4 Hendon at £5,561.
| Median £/m² | 12-month change | |
|---|---|---|
| NW2 Cricklewood | £6,508 | -7.0% |
| North-West London (NW) | £7,500 | -6.2% |
| London | £6,364 | -2.9% |
Each point is the median price per square metre of the homes sold in the twelve months to that month. Months with fewer than 30 sales in NW2 are left blank.
| Period | 12 months to | Median £/m² | Change to latest |
|---|---|---|---|
| Latest | Jul 2026 | £6,508 | |
| One year earlier | Jul 2025 | £7,000 | -7.0% |
| Five years earlier | Jul 2021 | £6,609 | -1.5% |
| First in the series | Jan 1995 | £931 | +599.0% |
Land Registry sales in NW2 matched to the home's energy certificate, the sales every figure on this page is computed from.
NW2's Location Premium is -12.2%: in CityDataLab's factor model fitted to July 2026, an otherwise identical home (same size, type, age and energy rating) is priced 12.2% less per square metre in NW2 than in a district at the average London district price level.
The model measures a district's location by its median price per m² over the previous twelve months, in standard deviations across London's postcode districts. NW2 sits 0.37 standard deviations below the average district. The Location Premium is the part of a home's price per m² the model puts down to that location; the rest depends on the home itself and on the market as a whole. How each factor's Premium has moved · Price a home with the property calculator.
Districts that share a border with NW2, dearest first.
| District | Median £/m², 12 months | 12-month change | Median price paid | Sales, 12 months | Vs NW2 |
|---|---|---|---|---|---|
| NW3 Hampstead | £11,370 | -3.4% | £950,000 | 381 | +74.7% |
| NW6 Kilburn and West Hampstead | £9,071 | -4.5% | £665,000 | 471 | +39.4% |
| NW11 Golders Green and Hampstead Garden Suburb | £8,000 | -0.7% | £925,000 | 205 | +22.9% |
| NW10 Willesden and Harlesden | £6,394 | -2.2% | £467,500 | 627 | -1.7% |
| NW9 Kingsbury and Colindale | £5,833 | -10.6% | £400,000 | 438 | -10.4% |
| NW4 Hendon | £5,561 | -6.9% | £502,882 | 232 | -14.6% |
Prices are HM Land Registry price paid data for homes sold in NW2, each matched by address to its MHCLG energy performance certificate for the floor area. Price per m² is the price paid divided by that floor area; medians are taken over the twelve months to the month shown, and districts, their postcode area and London are always compared over the same twelve months. Sales without a matched certificate, and non-residential and "other" sales, are not counted. Neighbouring districts are those sharing a border on the postcode district maps by Wikipedia contributors (CC BY-SA 3.0). See how CityDataLab's factor model works.