Market outlook for EC1V
Key indicators for buyers
The EC1V market is moderately favourable for buyers. Prices have softened (-42.2%), which could present a buying opportunity. Affordability has improved from a peak of 15.8x in 2015 to 11.8x 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 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 £2,733, up 1.5% 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 Islington price of £656,667 with a 25% deposit (£164k), a 2-year fixed mortgage at 3.97% costs around £2,591 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses EC1V avg. price with Islington rental data
Monthly mortgage payments (£2,591) are £142 less than renting (£2,733). However, buying requires an upfront deposit of £164k — it would take around 8 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 11, BARTHOLOMEW COURT, 163, OLD STREET EC1V 9NH | Flat/Maisonette | £670,000 | 15 Jan 2026 |
FLAT 34, BOOK HOUSE, 261A, CITY ROAD EC1V 1AH | Flat/Maisonette | £500,000 | 12 Jan 2026 |
FLAT 22, COLLEGE HEIGHTS, 246 - 252, ST JOHN STREET EC1V 4PH | Flat/Maisonette | £800,000 | 9 Jan 2026 |
FLAT 51, BOOK HOUSE, 261A, CITY ROAD EC1V 1AH | Flat/Maisonette | £935,000 | 23 Dec 2025 |
FLAT 28, HORSE SHOE COURT, 11, BREWHOUSE YARD EC1V 4JU | Flat/Maisonette | £850,000 | 22 Dec 2025 |
FLAT 17, MIDWAY HOUSE, MANNINGFORD CLOSE EC1V 7HP | Flat/Maisonette | £270,000 | 17 Dec 2025 |
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.