Harrow Area Guide

Residents in the North London borough of Harrow enjoy a suburban oasis on the brink of the Chilterns, but its numerous tube and mainline train stations ensure constant connectivity to the City and beyond.

Residents in the North London borough of Harrow enjoy a suburban oasis on the brink of the Chilterns, but its numerous tube and mainline train stations ensure constant connectivity to the City and beyond.  Despite being home to the third highest number of millionaires per London boroughs, Harrow has become something of a failsafe for buyers looking to bag quality housing at a good price and, in response, both high-end and affordable developments have been shooting up in response to demand.

Property market

£499k Average house price
£1,390 Average Rent, 2 Bed
4% Average yield
7% Price growth over last 5 years
19% Price growth 5-years forecast
7% Rental growth over last 5 years
14% Rental growth 5-years forecast

Lifestyle

15 Number of ‘Outstanding’ primary schools
7 Number of ‘Outstanding’ secondary schools
265 Restaurants and cafes
1,170 Number of shops
32% Proportion of open space
15 Number of stations
2 PTAL (Public Transport Accessibility Level)

Rich with historical charm, the buildings and landmarks of Harrow’s ample greenbelt range from the moated Headstone Manor to the Tithe Barn and Julius Caesar’s Pond at Brockley Hill. Harrow is also a thriving entrepreneurial hub, with more than 10,000 businesses choosing to operate here, including Harrow’s own Kodak.  

From the quintessentially English towns of Pinner and Stanmore Park to the vibrancy of Kenton East and Queensbury, this is one of the most diverse boroughs in London. The town of Harrow itself is bursting with shops, from high-end boutiques to high-street stores, and its annual Under One Sky festival celebrates Harrow’s multicultural communities with a feast of food, dance, sport, and music.

Famed for its world-leading public school which has educated seven prime ministers since its foundation in 1572, Harrow can also proudly claim 30 ‘outstanding’ state schools. This is a true haven for families seeking a clean, safe, and green environment to live in.

 

Insights

 

  • Average house prices are 3% lower than the London average
  • Average rent for a 2-bed flat is 22% lower than the London average
  • House price growth over the last 5 years was 7%, lower than London at 10%. However, over the next 5 years, house price growth is expected to be 19%, in line with London
  • Average asking rents grew 7% over the last 5 years, lower than London at 14%
  • Over the next 5 years average rents are predicted to grow by 14%, in line with London
  • 38% of the borough's primary schools are rated as outstanding by Ofsted, higher than the London figure of 27%
  • 54% of the borough's secondary schools are rated as outstanding by Ofsted, higher than the London figure of 36%

Caesar's Ponds are manmade pools where Julius Caesar took his army for water in Roman times. Legend also has it that Boudicca and her rebel army camped here, drinking from the ponds.

Only five minutes from Harrow town centre is Harrow on the Hill - it feels like you’ve been transported to a quaint English village with a great selection of cute cafes and restaurants. The Dolls House is perfect for afternoon tea and the Castle pub has a lovely beer garden. On weekdays you can spot the Harrow School pupils in their classic uniforms and boater hats.

London boroughs

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Disclaimers

*Please note the forecasts in this report are historic and not reflective of current market conditions

  • Average 2-bed yield is calculated by REalyse using median 2-bed asking rent and median 2-bed sales prices.  
  • Rental growth over the last five years is for all property (not 2-beds).
  • All data is the latest available as of January 2022.
  • PTAL – Transport for London's (TFL) Public Transport Accessibility Levels (PTALs) are a detailed and accurate measure of the accessibility of a point to the public transport network, taking into account walk access time and service availability. Each area is graded between 0 and 6b, where a score of 0 is very poor access to public transport, and 6b is excellent access to public transport.

 

Sources

 

  • Average Price – ONS, October 2021
  • Asking rent – Realyse, December 2021
  • Yield – Realyse, December 2021
  • House price and rental forecasts – CBRE Research - Read our five-year forecast 
  • Outstanding primary and secondary schools – OFSTED (December 2021)
  • Number of cafes and restaurants – ONS (2020)
  • Number of shops – ONS (2021)
  • Open space – GiGL (2015)
  • Number of stations – TfL (2015)
  • PTAL – TfL (2015)