Market outlook for NW3
Key indicators for buyers
The NW3 market is moderately favourable for buyers. Prices have softened (-33.9%), 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 £1,021,526 with a 25% deposit (£255k), a 2-year fixed mortgage at 3.97% costs around £4,031 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses NW3 avg. price with Camden rental data
Monthly mortgage payments (£4,031) are £1,407 more than renting (£2,624). However, buying requires an upfront deposit of £255k — it would take around 21 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, 32, FROGNAL NW3 6AG | Flat/Maisonette | £890,000 | 20 Jan 2026 |
GROUND FLOOR FLAT, 29, MACKESON ROAD NW3 2LU | Flat/Maisonette | £980,000 | 15 Jan 2026 |
FLAT 23, CRESTA HOUSE, 133, FINCHLEY ROAD NW3 6HT | Flat/Maisonette | £600,000 | 13 Jan 2026 |
FLAT 3, 53, RODERICK ROAD NW3 2NP | Flat/Maisonette | £940,000 | 9 Jan 2026 |
FLAT 2, 50, NETHERHALL GARDENS NW3 5RG | Flat/Maisonette | £440,679 | 9 Jan 2026 |
FLAT 3, 62, HAMPSTEAD HIGH STREET NW3 1QH | Flat/Maisonette | £800,000 | 6 Jan 2026 |
GARDEN FLAT, 33, BELSIZE PARK NW3 4DX |
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.