Property investment stats for Cricklewood, North West London

• The average rental yield of 5.4% is attractive for London, and the top local postcode district achieves 5.9%, pointing to strong income potential.
• The area’s high proportion of young professionals and students (in the 89th and 87th percentiles respectively) supports consistent rental demand.
• Achieved prices are typically £10,000 (the typical achieved discount) below asking, giving buyers some negotiating room.

• Capital growth has been subdued, with a 1-year change of -0.3% and a 3-year annualised figure of 1.2%, so rapid appreciation is unlikely in the short term.
• The price-to-income ratio of 9.4 and rent-to-income ratio of 34.4% indicate affordability is stretched, which could limit future price growth or make rent increases harder to sustain.
• The area’s very high proportion of private renters (in the 98th percentile) means investors are exposed if rental demand were to weaken.

Over the next 12 months, I expect Cricklewood’s property market to remain steady rather than spectacular. Rental demand should stay strong, given the area’s youthful, degree-educated population and the high proportion of private renters. The average rental yield of 5.4% and the robust rent levels for a 2-bedroom flat (£2,500) and a 3-bedroom house (£3,375) suggest income-focused investors will continue to find the area appealing.

On the sales side, modest capital growth figures and high affordability ratios mean price rises are likely to be limited. Liquidity should remain reasonable, but buyers will want to negotiate hard given the typical gap between asking and achieved prices (£10,000 (the typical achieved discount)). For investors, stability and reliable income look more likely than rapid gains.