Market outlook for EC1V
Key indicators for buyers
The EC1V market presents a mixed picture for buyers. Prices have softened (-34.4%), which could present a buying opportunity. Affordability has improved from a peak of 15.8x in 2015 to 11.8x today. Rising rents (£2,843/mo, +5.4%) 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 £2,843, up 5.4% 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 £772,000 with a 25% deposit (£193k), a 2-year fixed mortgage at 4.81% costs around £3,321 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses EC1V avg. price with Islington rental data
Monthly mortgage payments (£3,321) are £478 more than renting (£2,843). However, buying requires an upfront deposit of £193k — it would take around 11 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 12, THE ROOF TERRACE APARTMENTS, 5, GREAT SUTTON STREET EC1V 0BY | Flat/Maisonette | £557,000 | 17 Jun 2026 |
15, WYNYATT STREET EC1V 7HU | Terraced | £1,380,000 | 10 Jun 2026 |
FLAT 86, ANGEL SOUTHSIDE, 1, OWEN STREET EC1V 7JW | Flat/Maisonette | £845,000 | 5 Jun 2026 |
FLAT 2103, CANALETTO TOWER, 257, CITY ROAD EC1V 1AF | Flat/Maisonette | £640,000 | 29 May 2026 |
FLAT 35, EAGLE POINT, CITY ROAD EC1V 1AQ | Flat/Maisonette | £340,000 | 15 May 2026 |
FLAT 119, BATH COURT, ST LUKES ESTATE EC1V 9NT | Flat/Maisonette | £508,000 | 15 May 2026 |
FLAT 1203, CANALETTO TOWER, 257, 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.