Market outlook for EC1V
Key indicators for buyers
The EC1V market presents a mixed picture for buyers. Prices have softened (-34.9%), which could present a buying opportunity. Affordability has improved from a peak of 15.8x in 2015 to 11.8x today. Rising rents (£2,854/mo, +5.9%) mean the cost of waiting is real.
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 Islington area
A home in Islington costs 11.8x the local median salary — very stretched, improving from a peak of 15.8x in 2015.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Islington area
Average monthly rent in Islington is £2,854, up 5.9% 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 Islington price of £769,029 with a 25% deposit (£192k), a 2-year fixed mortgage at 4.79% costs around £3,302 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses EC1V avg. price with Islington rental data
Monthly mortgage payments (£3,302) are £448 more than renting (£2,854). However, buying requires an upfront deposit of £192k — it would take around 10 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 |
|---|---|---|---|
APARTMENT 107, CARRARA TOWER, 1, BOLLINDER PLACE EC1V 2AE | Flat/Maisonette | £695,000 | 28 Jul 2026 |
FLAT 3, 116 - 118, ST JOHN STREET EC1V 4JW | Flat/Maisonette | £395,000 | 20 Jul 2026 |
PENTHOUSE, 9A, DALLINGTON STREET EC1V 0BQ | Flat/Maisonette | £3,480,000 | 17 Jul 2026 |
FLAT 45, CHRONICLE TOWER, 261B, CITY ROAD EC1V 1AJ | Flat/Maisonette | £710,000 | 13 Jul 2026 |
FLAT 46, AQUARELLE HOUSE, 259, CITY ROAD EC1V 1AG | Flat/Maisonette | £575,000 | 10 Jul 2026 |
FLAT 17, TOMPION HOUSE, PERCIVAL STREET EC1V 0HU | Flat/Maisonette | £450,000 | 6 Jul 2026 |
FLAT 27, AQUARELLE HOUSE, 259, CITY ROAD |
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.