Where to Buy Property Investments in Harrow: Yields of 5.2%
Gross rental yields in Harrow reach 5.2% in two postcodes, with average monthly rents ranging from £1,703 to £2,237 across all ten postcode districts. Harrow is an outer London borough in north-west London, bordered by Barnet to the east, Brent to the south, Hillingdon to the west, and Hertfordshire to the north. Land Registry sold prices average £532,088. That is 4.0% below the London average of £554,422 but 83.2% above the England average of £290,437.
All ten Harrow postcodes return rental data, which is unusual for a London borough of this size. Asking prices range from £440,722 in HA1 (Harrow on the Hill) to £676,446 in HA5 (Pinner, Eastcote), giving investors a spread of entry points across the borough. A 30% deposit starts from £132,217 in HA1. Five-year house price growth ranges from 3.1% in HA2 to 13.8% in HA9, with five of the ten postcodes recording double-digit gains.
The London Borough of Harrow (ONS code E09000015) covers approximately 50.47 square kilometres in outer north-west London. It borders Barnet to the east, Brent to the south, and Ealing and Hillingdon to the west. This guide covers ten postcode districts: HA0 through HA5, HA7, HA8, HA9, and WD23. Some of these postcodes cross borough boundaries. HA0 (Wembley), HA1 (Harrow on the Hill), HA3 (Kenton, Wealdstone), and HA9 (Wembley Park) all straddle the Harrow/Brent border to varying degrees. HA4 (Ruislip) is primarily in the London Borough of Hillingdon. WD23 (Bushey) is in Hertsmere, Hertfordshire. The data below covers the full postcode district in each case. Harrow is part of the London property investment market.
Article updated: April 2026
Harrow Buy-to-Let Market Overview 2026
Harrow prices sit 4.0% below the London average, with gross yields reaching 5.2% and full rental data across all ten postcodes.
- Average sold price: £532,088 (83.2% above England's £290,437)
- Asking price range: £440,722 (HA1, Harrow on the Hill) to £676,446 (HA5, Pinner, Eastcote)
- Rental yields: 3.3% (WD23) to 5.2% (HA0, HA9) across 10 postcodes with rental data
- Rental income: Monthly rents from £1,703 (HA1) to £2,237 (HA7)
- Price per sq ft: House prices from £528/sq ft (HA8) to £600/sq ft (HA4)
- Market activity: Sales ranging from 20 per month (HA0) to 35 per month (HA4)
- Deposit requirements: 30% deposits range from £132,217 (HA1) to £202,934 (HA5)
- Affordability ratios: Property prices from 9.7 to 15.0 times Harrow's median annual salary of £45,232
Contents
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by Robert Jones, Founder of Property Investments UK
With two decades in UK property, Rob has been investing in buy-to-let since 2005, and uses property data to develop tools for property market analysis.
Property Data Sources
Our location guide relies on diverse, authoritative datasets including:
- HM Land Registry UK House Price Index
- Ministry of Housing, Communities and Local Government
- Ordnance Survey Data Hub
- Propertydata.co.uk
We update our property data quarterly to ensure accuracy. Last update: April 2026. All data is presented as provided by our sources without adjustments or amendments.
Why Invest in Harrow?
Harrow's population reached 261,203 at the 2021 Census, a 9.26% increase from 239,056 in 2011. That growth rate reflects sustained housing demand in a borough that sits on four London Underground lines, a London Overground line, and Chiltern Railways mainline services. The Metropolitan, Piccadilly, Jubilee, and Bakerloo lines all serve stations within or on the boundary of the borough, connecting residents to central London, the West End, and the City.
Harrow-on-the-Hill station offers Chiltern Railways services to London Marylebone and Aylesbury. Harrow & Wealdstone is the northern terminus of the Bakerloo line, and Stanmore is the northern terminus of the Jubilee line. The London Overground Lioness line also serves Harrow & Wealdstone and Kenton stations. This transport network makes the borough accessible from multiple directions.
The University of Westminster operates its Harrow Campus on Watford Road, running its Media, Arts and Design courses from the site. Northwick Park Hospital, managed by London North West University Healthcare NHS Trust, serves Harrow residents alongside populations in Brent and Ealing. The hospital is physically located on the Harrow/Brent border but is the primary acute hospital for the borough.
Harrow Economic Summary
- Population: 261,203 (2021 Census). Growth of 9.26% from 2011.
- Median annual salary: £45,232 (Harrow), £46,395 (London), £39,125 (Great Britain)
- Employment rate: 74.2% (Harrow)
- Unemployment rate: Not enough data (APS sample too small for Harrow)
Source: ONS Census 2021, Nomis Labour Market Profile (ASHE 2025)
Regeneration and Investment in Harrow
Harrow Council is running a multi-site regeneration programme through a long-term partnership with Wates Residential, targeting around 1,500 new homes across the borough. Three projects are at different stages of delivery.
- Poets Corner (Under construction, 1,000+ homes across three phases): The former Civic Centre site in Wealdstone is being transformed into a mixed-use neighbourhood with Build to Rent and affordable housing, a new public space called Poets Garden, retail, community facilities, and potential NHS services. Details at Wates Residential.
- Byron Quarter (Phase one, 149 homes): A Wates-delivered development off Christchurch Avenue in Wealdstone providing a mix of terraced houses and apartments including council properties, with a central green space, play areas, and walking and cycling paths. Details at Harrow Council.
- Harrow View East / Former Kodak Factory (Planning approved, ~2,000 homes): A 23-hectare former industrial site in Wealdstone being redeveloped into a mixed-use neighbourhood with housing, a primary school, health centre, and local retail. The latest phase received planning approval in March 2025. Updates at Harrow Online.
Harrow Property Market Analysis
When was the last house price crash in Harrow?
Harrow's average sold price has risen from £86,737 in January 1995 to £532,088 in January 2026, a total increase of 513.4% over 31 years. The Land Registry records data at the borough level for Harrow, so all sold property prices from HM Land Registry are reported under the London Borough of Harrow local authority area.
That 31-year headline masks significant cycles. Here is how Harrow's market has moved through each phase, using Land Registry monthly data.
- 1995 to 2007 (The Boom): Prices rose from £86,737 in January 1995 to £287,011 by January 2007, a 230.9% gain over twelve years. Low interest rates, easy credit, and strong demand across outer London boroughs drove the run.
- 2008 to 2009 (The Financial Crisis): Harrow's pre-crash peak was £315,087 in April 2008. Prices fell to a trough of £259,549 by April 2009, a decline of 17.6%. The worst annual change reading was -17.6% in April 2009. London as a whole fell 17.8% peak-to-trough over the same period, and England fell 18.2%. Harrow's decline tracked close to the London average.
- 2010 to 2013 (Recovery): Prices stabilised through 2010 and 2011, sitting around £303,000 by January 2011. Recovery gathered pace through 2012, and by August 2012 Harrow's average price reached £317,620, passing the April 2008 pre-crash peak for the first time. The full recovery took approximately four and a half years.
- 2014 to 2016 (Strong Growth): Prices accelerated through this period, rising from £346,447 in January 2014 to £447,170 by January 2016. Help to Buy, low mortgage rates, and London's post-crisis recovery all contributed. Harrow gained 29.1% in two years.
Post-Recovery: 2017 to Present
- 2017 to 2019 (Plateau): Growth slowed. Prices moved between £457,000 and £468,000 through most of this window, reaching £468,456 in January 2017 before easing to £457,740 by December 2019. Brexit uncertainty and stamp duty changes weighed on the outer London market.
- 2020 to 2022 (Pandemic Surge): Despite an initial pause in mid-2020 (£457,629 in June 2020), the stamp duty holiday and a shift in buyer preferences drove prices sharply higher. By January 2022 prices reached £516,121, and the all-time high of £561,854 was recorded in August 2022.
- 2023 (Rate Shock): Higher mortgage rates pushed prices down from the August 2022 peak. By January 2024, prices had dropped to £515,586, a fall of 8.2% from the all-time high.
- 2024 to 2026 (Current): Prices have recovered modestly. The latest Land Registry figure for January 2026 is £532,088, up 1.5% year-on-year from £524,195 in January 2025. The current price remains 5.3% below the August 2022 all-time high of £561,854.
Long-term growth from current price of £532,088 (January 2026):
- 5 years (January 2021 to January 2026): 9.0% growth (£488,065 to £532,088)
- 10 years (January 2016 to January 2026): 19.0% growth (£447,170 to £532,088)
- 15 years (January 2011 to January 2026): 75.5% growth (£303,193 to £532,088)
- 20 years (January 2006 to January 2026): 104.9% growth (£259,719 to £532,088)
- 30 years (January 1996 to January 2026): 524.9% growth (£85,147 to £532,088)
The 2008 crash wiped 17.6% off Harrow's values in twelve months, but prices recovered to their pre-crash level within four and a half years and have more than doubled since. The 2022-2023 correction was shallower at 8.2%. Harrow's outer London position, with lower absolute prices than inner boroughs and strong transport links, has historically supported recovery.
Source: HM Land Registry House Price Index for Harrow, January 1995 to January 2026.
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View Property DealsSold House Prices in Harrow
The average sold price across all property types in Harrow is £532,088, which is £241,651 above the England average of £290,437. Harrow is a London borough, so the premium over England's national average reflects the London-wide pricing structure rather than anything specific to Harrow itself. The more instructive comparison is with the London average of £554,422, where Harrow sits 4.0% below.
The breakdown by property type reveals where Harrow's premium concentrates and where it narrows.
| Property Type | Harrow Average | England Average | Difference |
|---|---|---|---|
| Detached houses | £1,207,154 | £468,546 | +£738,608 (+157.6%) |
| Semi-detached houses | £669,885 | £288,046 | +£381,839 (+132.6%) |
| Terraced houses | £543,288 | £243,580 | +£299,708 (+123.0%) |
| Flats and maisonettes | £322,567 | £218,449 | +£104,118 (+47.7%) |
| All property types | £532,088 | £290,437 | +£241,651 (+83.2%) |
Detached houses in Harrow carry the widest premium at 157.6% above the England average. At £1,207,154, they are priced for owner-occupiers rather than buy-to-let investors. The detached stock in Harrow is concentrated in Pinner (HA5) and Stanmore (HA7), both premium residential areas.
Semi-detached houses at £669,885 sit 132.6% above England's average. Harrow has a large stock of interwar semis, particularly in HA3 (Kenton, Wealdstone) and HA2 (North Harrow, Rayners Lane). These properties form the backbone of the borough's family housing market.
Terraced houses at £543,288 carry a 123.0% premium. The premium narrows slightly because Harrow's terraced stock includes smaller Victorian and Edwardian houses in areas like HA1 and HA3 that are more competitively priced relative to inner London terraces.
Flats and maisonettes at £322,567 show the narrowest premium at 47.7%. This is the entry point for buy-to-let investors in Harrow. Flat prices in Harrow are substantially below the London average for the type, making them the most accessible route into the borough's rental market.
Property Data Sources
Our location guide relies on diverse, authoritative datasets including:
- HM Land Registry UK House Price Index
- Ministry of Housing, Communities and Local Government
- Ordnance Survey Data Hub
- Propertydata.co.uk
We update our property data quarterly to ensure accuracy. Last update: April 2026. All data is presented as provided by our sources without adjustments or amendments.
Price Per Square Foot in Harrow
HA1 (Harrow on the Hill) is the cheapest postcode by asking price, but it sits mid-table at £546 per square foot. That disconnect tells you something: HA1's low headline price reflects smaller properties, not cheaper space. The price-per-square-foot table below strips out property size and ranks what buyers actually pay per unit of space, from £528 in HA8 (Edgware) to £600 in HA4 (Ruislip).
| Rank | Area | Price per sq ft |
|---|---|---|
| 1 | HA8 (Edgware) | £528 |
| 2 | HA3 (Kenton, Wealdstone) | £534 |
| 3 | HA2 (North Harrow, Rayners Lane) | £535 |
| 4 | WD23 (Bushey) | £538 |
| 5 | HA0 (Wembley) | £542 |
| 6 | HA9 (Wembley Park) | £545 |
| 7 | HA1 (Harrow on the Hill) | £546 |
| 8 | HA7 (Stanmore) | £582 |
| 9 | HA5 (Pinner, Eastcote) | £597 |
| 10 | HA4 (Ruislip) | £600 |
HA8 (Edgware) at £528 per square foot offers the lowest cost per unit of space in Harrow. Combined with its mid-range asking price of £532,079, HA8 delivers comparatively larger properties for the money. HA3 (Kenton, Wealdstone) at £534 is similarly positioned. Both postcodes sit in the eastern part of the borough where the housing stock includes more converted and purpose-built flats.
HA4 (Ruislip) tops the table at £600 per square foot despite being partly in the London Borough of Hillingdon. Its detached and semi-detached housing stock commands a premium per square foot. HA5 (Pinner, Eastcote) follows at £597, which aligns with its position as the most expensive postcode by asking price.
For Sale Asking Prices in Harrow
How far does your budget stretch in Harrow? Asking prices range from £440,722 in HA1 (Harrow on the Hill) to £676,446 in HA5 (Pinner, Eastcote), a gap of £235,724. The mean across all ten postcodes is £552,343, a figure that reappears in the comparison section at the end of this guide where Harrow is measured against neighbouring boroughs.
| Rank | Area | Asking Price |
|---|---|---|
| 1 | HA1 (Harrow on the Hill) | £440,722 |
| 2 | HA0 (Wembley) | £466,144 |
| 3 | HA9 (Wembley Park) | £506,416 |
| 4 | HA2 (North Harrow, Rayners Lane) | £527,554 |
| 5 | HA8 (Edgware) | £532,079 |
| 6 | HA3 (Kenton, Wealdstone) | £550,577 |
| 7 | HA4 (Ruislip) | £563,222 |
| 8 | WD23 (Bushey) | £627,982 |
| 9 | HA7 (Stanmore) | £632,287 |
| 10 | HA5 (Pinner, Eastcote) | £676,446 |
HA1 (Harrow on the Hill) is the cheapest postcode at £440,722. This is the borough's commercial and transport hub, centred around Harrow-on-the-Hill station with its Metropolitan line and Chiltern Railways connections. The stock here includes a higher proportion of flats and smaller properties, which brings the average down.
The three most expensive postcodes are all on the borough's outer edges. HA5 (Pinner, Eastcote) at £676,446, HA7 (Stanmore) at £632,287, and WD23 (Bushey) at £627,982 are characterised by larger family homes, detached properties, and proximity to green belt land. Their premium reflects the housing mix rather than proximity to central London.
House Price Growth in Harrow
Barnet's top postcode has grown 22.1% over five years. Harrow's top, HA9 (Wembley Park), has grown 13.8%. That gap matters less than it looks, because Harrow's spread is tighter: even the weakest postcode, HA2, recorded 3.1% five-year growth. One-year figures diverge more sharply, with HA1 leading at +7.2% while HA2 has fallen -2.7%. The table below is ranked by five-year growth.
| Area | 1 Year | 3 Years | 5 Years |
|---|---|---|---|
| HA9 (Wembley Park) | +6.7% | +11.7% | +13.8% |
| WD23 (Bushey) | +6.0% | -3.1% | +13.1% |
| HA3 (Kenton, Wealdstone) | +5.7% | -0.3% | +11.5% |
| HA7 (Stanmore) | +4.3% | +0.4% | +10.7% |
| HA0 (Wembley) | -2.2% | +2.6% | +10.0% |
| HA4 (Ruislip) | -2.1% | +2.5% | +8.4% |
| HA8 (Edgware) | +0.8% | +1.6% | +8.3% |
| HA5 (Pinner, Eastcote) | +0.4% | +1.1% | +5.7% |
| HA1 (Harrow on the Hill) | +7.2% | +6.8% | +4.2% |
| HA2 (North Harrow, Rayners Lane) | -2.7% | +0.9% | +3.1% |
HA9 (Wembley Park) leads with 13.8% over five years, the strongest sustained growth in the borough. New build homes in and around Wembley Park have reshaped this postcode over the past decade, with large-scale residential development driving both prices and rental stock upward. HA9 also sits joint-top for yields at 5.2%, making it one of two postcodes that combine the highest yield with strong capital growth.
WD23 (Bushey) at +13.1% five-year growth has an unusual profile. Its three-year figure is -3.1%, meaning most of its five-year gains came in the pandemic-era surge and the very recent 12-month recovery (+6.0%). This pattern is volatile rather than steady.
HA1 (Harrow on the Hill) shows the inverse pattern: strong recent growth (+7.2% in one year) but only 4.2% over five years. The recent acceleration may reflect the regeneration activity in the town centre area and increased demand for flats near the station.
Monthly Property Sales in Harrow
HA4 (Ruislip) records 35 sales per month, nearly double the 20 transactions in HA0 (Wembley). That gap in liquidity matters at exit: selling a property in a postcode with low monthly turnover can take longer, regardless of the yield it generates.
| Area | Sales per Month | Turnover | Asking Price |
|---|---|---|---|
| HA4 (Ruislip) | 35 | 10% | £563,222 |
| HA3 (Kenton, Wealdstone) | 31 | 10% | £550,577 |
| HA8 (Edgware) | 30 | 7% | £532,079 |
| HA2 (North Harrow, Rayners Lane) | 29 | 8% | £527,554 |
| HA9 (Wembley Park) | 26 | 7% | £506,416 |
| HA5 (Pinner, Eastcote) | 25 | 8% | £676,446 |
| WD23 (Bushey) | 24 | 9% | £627,982 |
| HA1 (Harrow on the Hill) | 22 | 4% | £440,722 |
| HA7 (Stanmore) | 22 | 6% | £632,287 |
| HA0 (Wembley) | 20 | 8% | £466,144 |
HA4 (Ruislip) and HA3 (Kenton, Wealdstone) share the highest turnover rates at 10%. HA4 also has the highest monthly sales volume at 35, which is notable given its higher asking price of £563,222. HA3 combines 10% turnover with 31 monthly sales and a mid-range price of £550,577.
HA1 (Harrow on the Hill) has the lowest turnover at 4% despite being the cheapest postcode. This low turnover figure sits alongside 22 monthly sales, which is mid-pack. The 4% turnover reflects a large overall housing stock in the postcode rather than low activity. The 4% turnover figure is worth reading alongside the price and yield data when assessing resale timelines.
Property Data Sources
Our location guide relies on diverse, authoritative datasets including:
- HM Land Registry UK House Price Index
- Ministry of Housing, Communities and Local Government
- Ordnance Survey Data Hub
- Propertydata.co.uk
We update our property data quarterly to ensure accuracy. Last update: April 2026. All data is presented as provided by our sources without adjustments or amendments.
Harrow Rental Market Analysis
For investors weighing up whether rental property is a worthwhile investment in Harrow, the data below breaks down average monthly rents and gross rental yields across the borough's postcodes.
All ten Harrow postcodes return rental data, giving a complete picture of the borough's rental market. Monthly rents range from £1,703 to £2,237 and gross yields from 3.3% to 5.2%. If you are looking to build a property portfolio in London, Harrow's combination of below-London-average prices and full rental coverage across every postcode makes it straightforward to compare entry points.
Average Rent & Gross Rental Yields in Harrow
Gross rental yields in Harrow reach 5.2% in both HA0 (Wembley) and HA9 (Wembley Park), the joint-highest in the borough. At the other end, WD23 (Bushey) returns 3.3%. The table below ranks all ten postcodes by gross yield, combining rent data with asking prices to show the full yield picture. To understand how rental yield is calculated, see our rental yield guide.
| Area | Average Monthly Rent | Average Asking Price | Gross Yield |
|---|---|---|---|
| HA0 (Wembley) | £2,013 | £466,144 | 5.2% |
| HA9 (Wembley Park) | £2,183 | £506,416 | 5.2% |
| HA1 (Harrow on the Hill) | £1,703 | £440,722 | 4.6% |
| HA2 (North Harrow, Rayners Lane) | £1,973 | £527,554 | 4.5% |
| HA8 (Edgware) | £1,937 | £532,079 | 4.4% |
| HA7 (Stanmore) | £2,237 | £632,287 | 4.2% |
| HA3 (Kenton, Wealdstone) | £1,879 | £550,577 | 4.1% |
| HA4 (Ruislip) | £1,794 | £563,222 | 3.8% |
| HA5 (Pinner, Eastcote) | £1,973 | £676,446 | 3.5% |
| WD23 (Bushey) | £1,739 | £627,982 | 3.3% |
The two postcodes sharing the 5.2% top yield are HA0 (Wembley) and HA9 (Wembley Park), both on Harrow's southern border with Brent. HA0 achieves its yield through a lower entry price (£466,144) paired with £2,013 monthly rent. HA9's route to the same yield is different: higher rent (£2,183) paired with a higher entry price (£506,416). HA9 also leads the borough in five-year growth at 13.8%, combining top yield with top capital appreciation.
HA7 (Stanmore) commands the highest rent in the borough at £2,237 per month, but its asking price of £632,287 compresses the yield to 4.2%. The premium rents reflect the quality of the housing stock and the neighbourhood's appeal to professional tenants, but investors pay a higher entry price for that income.
WD23 (Bushey) at 3.3% returns the lowest yield. Its rent of £1,739 is the second-lowest in the borough, while its asking price of £627,982 is the third-highest. Bushey is in Hertsmere, Hertfordshire, outside the London Borough of Harrow, and its market dynamics reflect a suburban Hertfordshire profile rather than a London one.
For context on where Harrow's yields sit among London boroughs, see our areas of London with the highest rental yields guide.
Is Harrow Rent High?
Rent as a percentage of the median local income in Harrow ranges from 45.2% in HA1 (Harrow on the Hill) to 59.3% in HA7 (Stanmore). These figures compare each postcode's average monthly rent against Harrow's median gross annual salary of £45,232, expressed as a percentage. A higher figure means tenants spend a larger share of their pre-tax income on rent.
The median gross weekly salary in Harrow is £869.80, which equates to £3,769 per month or £45,232 per year. This is below the London regional median of £892.60 per week and above the Great Britain median of £752.40 per week. Data from the Nomis Labour Market Profile (ASHE 2025).
| Rank | Area | Rent as % of Income |
|---|---|---|
| 1 | HA7 (Stanmore) | 59.3% |
| 2 | HA9 (Wembley Park) | 57.9% |
| 3 | HA0 (Wembley) | 53.4% |
| 4 | HA5 (Pinner, Eastcote) | 52.4% |
| 5 | HA2 (North Harrow, Rayners Lane) | 52.3% |
| 6 | HA8 (Edgware) | 51.4% |
| 7 | HA3 (Kenton, Wealdstone) | 49.8% |
| 8 | HA4 (Ruislip) | 47.6% |
| 9 | WD23 (Bushey) | 46.1% |
| 10 | HA1 (Harrow on the Hill) | 45.2% |
Every Harrow postcode sits above the 40% threshold. In London, this is typical. For investors, these ratios indicate sustained rental demand: tenants are paying a significant share of income to live in these postcodes, which reflects limited supply relative to demand.
HA7 (Stanmore) at 59.3% carries the highest rent burden, driven by its £2,237 monthly rent. HA1 (Harrow on the Hill) at 45.2% has the lowest, reflecting its position as the cheapest postcode by both rent (£1,703) and asking price (£440,722).
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Are House Prices High? Price-to-Earnings Ratios
Purchasing a property in Harrow requires between 9.7 and 15.0 times the median annual salary. This is based on the Nomis Labour Market Profile for Harrow showing the median gross annual income for Harrow residents is £45,232.
A ratio of 9.7x in HA1 means an individual earning the Harrow median would need 9.7 years of gross income to match the average asking price. At 15.0x in HA5, that stretches to 15 years. For context, the UK long-term average is around 8x. Every Harrow postcode sits above that figure.
| Rank | Area | Price-to-Earnings Ratio |
|---|---|---|
| 1 | HA1 (Harrow on the Hill) | 9.7x |
| 2 | HA0 (Wembley) | 10.3x |
| 3 | HA9 (Wembley Park) | 11.2x |
| 4 | HA2 (North Harrow, Rayners Lane) | 11.7x |
| 5 | HA8 (Edgware) | 11.8x |
| 6 | HA3 (Kenton, Wealdstone) | 12.2x |
| 7 | HA4 (Ruislip) | 12.5x |
| 8 | WD23 (Bushey) | 13.9x |
| 9 | HA7 (Stanmore) | 14.0x |
| 10 | HA5 (Pinner, Eastcote) | 15.0x |
HA1 (Harrow on the Hill) at 9.7x is the most affordable postcode relative to local earnings. It is also the cheapest by asking price, the third-highest yielding, and has recorded 7.2% annual growth. The convergence of these metrics in one postcode is notable.
The five postcodes above 12x share a common profile: family-oriented areas with larger, more expensive housing stock. HA5 (Pinner) at 15.0x, HA7 (Stanmore) at 14.0x, and WD23 (Bushey) at 13.9x are all on the borough's outer edges where detached and semi-detached homes dominate. Their higher ratios reflect house prices rather than lower incomes. For more on how purchase costs affect returns, see our stamp duty calculator and capital gains tax on property guide.
Deposit Requirements in Harrow
A 30% deposit on a buy-to-let property in Harrow ranges from £132,217 in HA1 (Harrow on the Hill) to £202,934 in HA5 (Pinner, Eastcote). The £70,717 gap between the cheapest and most expensive deposit reflects the asking price spread across the borough. All figures are based on the 30% deposit typically required by buy-to-let mortgage lenders.
| Rank | Area | 30% Deposit Required |
|---|---|---|
| 1 | HA1 (Harrow on the Hill) | £132,217 |
| 2 | HA0 (Wembley) | £139,843 |
| 3 | HA9 (Wembley Park) | £151,925 |
| 4 | HA2 (North Harrow, Rayners Lane) | £158,266 |
| 5 | HA8 (Edgware) | £159,624 |
| 6 | HA3 (Kenton, Wealdstone) | £165,173 |
| 7 | HA4 (Ruislip) | £168,967 |
| 8 | WD23 (Bushey) | £188,395 |
| 9 | HA7 (Stanmore) | £189,686 |
| 10 | HA5 (Pinner, Eastcote) | £202,934 |
The £7,626 difference between HA1's deposit of £132,217 and HA0's deposit of £139,843 buys access to a higher-yielding postcode. HA0 returns 5.2% gross yield compared to HA1's 4.6%. Both are in the lower half of the deposit table, making them the two most accessible entry points for yield-focused investors.
Five postcodes require deposits above £165,000, taking the total investment above half a million pounds in asking price terms. At these levels, the yields compress to between 3.3% and 4.2%. The premium postcodes (HA5, HA7, WD23) serve a different investor profile where capital preservation and tenant quality take precedence over yield. See our buy-to-let properties for sale for current investment opportunities, browse below market value properties for discounted stock, or explore buy-to-let with no deposit strategies if the deposit requirement is a barrier. Investors looking for value-add opportunities may also want to browse renovation properties for sale.
What the Harrow Data Tells Buy-to-Let Investors
HA0 (Wembley) and HA9 (Wembley Park) share the borough's top gross yield at 5.2%, both on the southern border with Brent. HA0 offers the lower deposit at £139,843 with £2,013 monthly rent. HA9 charges a higher entry at £151,925 but delivers £2,183 monthly rent and leads the borough in five-year growth at 13.8%. Flats in both postcodes are the primary buy-to-let stock, serving young professionals commuting via the Metropolitan line (Wembley Park station) and the Jubilee line (Wembley Park is the closest station with Jubilee services within the Harrow border postcodes).
HA1 (Harrow on the Hill) at 4.6% yield, £132,217 deposit, and a price-to-earnings ratio of 9.7x has the strongest affordability profile. It is the cheapest postcode across four metrics: asking price, deposit, price-to-earnings, and rent as a percentage of income. One-year growth of 7.2% is the highest in the borough. The low 4% turnover rate is worth reading alongside the growth figure.
Three postcodes recorded negative one-year growth: HA0 (-2.2%), HA2 (-2.7%), and HA4 (-2.1%). HA2 (North Harrow, Rayners Lane) also has the weakest five-year growth at 3.1% and a mid-range yield of 4.5%. HA4 (Ruislip) sits partly in the London Borough of Hillingdon, so its data reflects a cross-borough market. Its 3.8% yield and 35 monthly sales (the highest volume in the borough) are the headline numbers.
Harrow does not currently appear on the selective licensing register. The Harrow Council website has details on any local licensing requirements. For below-market entry points, see our listings of repossessed houses for sale.
How Harrow Compares
Harrow's mean asking price of £552,343 sits between Ealing (£537,487) and Brent (£552,053), with Barnet significantly higher at £691,818. Hounslow at £492,828 is the cheapest of the four comparison boroughs. The table below uses mean asking prices and top gross yields from the same April 2026 PropertyData collection.
| Location | Mean Asking Price | Mean Monthly Rent | Top Gross Yield |
|---|---|---|---|
| Hounslow | £492,828 | £1,903 | 5.9% |
| Ealing | £537,487 | £2,083 | 5.5% |
| Harrow | £552,343 | £1,943 | 5.2% |
| Brent | £552,053 | £2,084 | 5.7% |
| Barnet | £691,818 | £2,114 | 5.7% |
Ealing sits £14,856 below Harrow on mean asking price and delivers a higher top yield of 5.5%. Its mean rent of £2,083 also exceeds Harrow's £1,943. Ealing's Crossrail connectivity and larger borough footprint give it a broader postcode spread.
Brent is the closest match to Harrow by price, sitting just £290 below on mean asking price. Brent's top yield reaches 5.7% and its mean rent is £2,084. The two boroughs share the HA0 and HA9 postcode districts along their border, so investors comparing them are often looking at overlapping markets.
Barnet at £691,818 mean asking price is 25.2% more expensive than Harrow. Despite the higher entry cost, Barnet's top yield matches Brent at 5.7% and its mean rent of £2,114 is the highest of the five boroughs. Barnet covers a larger geographic area with more postcodes, which may account for the wider yield range.
Hounslow at £492,828 offers the lowest entry price and the highest top yield at 5.9% among these four comparison boroughs. It sits to the south-west of Harrow with Heathrow connectivity.
For a wider view of London investment opportunities, see our London buy-to-let guide and North London sub-region overview. Harrow's postcodes also border the West London market through HA4 (Ruislip).
Frequently Asked Questions
Is Harrow in north-west London?
Yes, Harrow is an outer London borough in north-west London. It has the ONS code E09000015 and borders Barnet to the east, Brent to the south, Hillingdon to the west, and Hertfordshire to the north. The borough is served by four Underground lines (Metropolitan, Piccadilly, Jubilee, and Bakerloo), the London Overground Lioness line, and Chiltern Railways services from Harrow-on-the-Hill to London Marylebone. Travel time to central London is approximately 20 minutes from Harrow-on-the-Hill on the Metropolitan line.
What are the different areas of Harrow for property investment?
Harrow's ten postcode districts fall into three broad tiers by asking price. The lower tier includes HA1 (Harrow on the Hill, £440,722), HA0 (Wembley, £466,144), and HA9 (Wembley Park, £506,416). The mid-range covers HA2, HA3, and HA8, all between £527,000 and £550,000. The premium tier includes HA4 (Ruislip, £563,222), WD23 (Bushey, £627,982), HA7 (Stanmore, £632,287), and HA5 (Pinner, £676,446). The highest yields are in the lower tier: both HA0 and HA9 return 5.2% gross.
How does Harrow compare to Brent for buy-to-let?
Harrow and Brent are near-identical on price, with mean asking prices within £290 of each other. They share a border and two postcode districts (HA0 and HA9). Brent's top gross yield is 5.7% compared to Harrow's 5.2%, and Brent's mean monthly rent of £2,084 is higher than Harrow's £1,943.
Investors comparing the two boroughs will find overlapping markets in the shared postcodes. The main difference is that Brent includes Wembley Stadium and its associated development, while Harrow's regeneration is concentrated around the town centre and the former Kodak factory site in Wealdstone.
What is Harrow Council building on the old Kodak factory site?
The former Kodak factory site in Wealdstone is being redeveloped into approximately 2,000 homes across multiple phases. Known as Harrow View East, the site is being transformed into a mixed-use neighbourhood. The masterplan includes a primary school, health centre, and local retail alongside the residential development. The latest phase received planning approval in March 2025. This is separate from the Wates Residential partnership with Harrow Council, which is delivering around 1,500 homes across other sites including Poets Corner (1,000+ homes) and Byron Quarter (149 homes).
What is the average house price in Harrow?
£532,088 as of January 2026, according to HM Land Registry. This is 4.0% below the London average of £554,422 and 83.2% above the England average of £290,437. Asking prices from PropertyData range from £440,722 in HA1 (Harrow on the Hill) to £676,446 in HA5 (Pinner, Eastcote). The Land Registry figure covers completed transactions across all property types, while asking prices reflect current listings in each postcode. Year-on-year, the Land Registry figure is up 1.5% from £524,195 in January 2025.
Are there new build homes in Harrow?
Harrow Council's regeneration programme with Wates Residential is delivering around 3,500 new homes across three major sites. Poets Corner on the former Civic Centre site in Wealdstone is the largest at 1,000+ homes. The former Kodak factory (Harrow View East) has planning approval for approximately 2,000 homes. Byron Quarter adds 149 homes off Christchurch Avenue.
HA9 (Wembley Park) has also seen significant new-build activity, which coincides with that postcode recording the strongest five-year growth in the borough at 13.8%. New-build stock in Harrow tends to concentrate in the HA1 and HA3 postcodes around the town centre regeneration area.
What are property prices like in Pinner and Stanmore?
Pinner (HA5) at £676,446 and Stanmore (HA7) at £632,287 are Harrow's two most expensive postcodes. Pinner returns £1,973 monthly rent and a 3.5% gross yield. Stanmore has the highest rent in Harrow at £2,237 and a 4.2% gross yield. Both are premium residential areas with larger family homes and price-per-square-foot readings of £597 and £582 respectively.
Five-year growth is 5.7% in HA5 and 10.7% in HA7, with price-to-earnings ratios above 14x in both postcodes. The 30% deposit requirement is £202,934 for HA5 and £189,686 for HA7.