Market outlook for N1
Key indicators for buyers
The N1 market presents a mixed picture for buyers. Prices have softened (-12.3%), 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 £802,409 with a 25% deposit (£201k), a 2-year fixed mortgage at 4.79% costs around £3,445 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses N1 avg. price with Islington rental data
Monthly mortgage payments (£3,445) are £591 more than renting (£2,854). However, buying requires an upfront deposit of £201k — 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 |
|---|---|---|---|
15, HALF MOON CRESCENT N1 9SS | Flat/Maisonette | £437,000 | 24 Jul 2026 |
FLAT 19, 1, ANN STREET N1 7FF | Flat/Maisonette | £550,000 | 22 Jul 2026 |
11, VALERIO MEWS N1 4FB | Flat/Maisonette | £870,000 | 20 Jul 2026 |
30, ANGELIS APARTMENTS, 69, GRAHAM STREET N1 8LH | Flat/Maisonette | £275,000 | 20 Jul 2026 |
58, NOEL ROAD N1 8HB | Terraced | £2,375,000 | 20 Jul 2026 |
FLAT 27, MAYGOOD HOUSE, MAYGOOD STREET N1 9QR | Flat/Maisonette | £410,000 | 17 Jul 2026 |
FLAT 203, ROYLE BUILDING, 31, WENLOCK ROAD N1 7SH |
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.