Market outlook for NW1
Key indicators for buyers
The NW1 market is moderately favourable for buyers. Prices have softened (-16.3%), which could present a buying opportunity. Affordability has improved from a peak of 20.1x in 2017 to 14.4x today.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Camden area
A home in Camden costs 14.4x the local median salary — very stretched, improving from a peak of 20.1x in 2017.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Camden area
Average monthly rent in Camden is £2,624, down 7.5% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Camden price of £834,364 with a 25% deposit (£209k), a 2-year fixed mortgage at 3.97% costs around £3,293 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses NW1 avg. price with Camden rental data
Monthly mortgage payments (£3,293) are £669 more than renting (£2,624). However, buying requires an upfront deposit of £209k — it would take around 13 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 3, 85A, BELL STREET NW1 6TB | Flat/Maisonette | £635,000 | 19 Jan 2026 |
BASEMENT AND GROUND FLOOR FLAT, 13, EDIS STREET NW1 8LG | Flat/Maisonette | £1,700,000 | 16 Jan 2026 |
FLAT 27, RADLEY HOUSE, GLOUCESTER PLACE NW1 6DP | Flat/Maisonette | £750,000 | 15 Jan 2026 |
FLAT 42, 30, OVAL ROAD NW1 7DE | Flat/Maisonette | £1,445,000 | 12 Jan 2026 |
FLAT 21, 30, OVAL ROAD NW1 7DE | Flat/Maisonette | £900,000 | 12 Jan 2026 |
77C, ARLINGTON ROAD NW1 7ES | Flat/Maisonette | £405,000 | 9 Jan 2026 |
FLAT 9, 1, CENTRIC CLOSE NW1 7EP |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.