Market outlook for N1
Key indicators for buyers
The N1 market is moderately favourable for buyers. Prices have softened (-21.8%), 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 £705,560 with a 25% deposit (£176k), a 2-year fixed mortgage at 3.97% costs around £2,784 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses N1 avg. price with Islington rental data
Monthly mortgage payments (£2,784) are £51 more than renting (£2,733). However, buying requires an upfront deposit of £176k — it would take around 9 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 |
|---|---|---|---|
39A, CLEVELAND ROAD N1 3ES | Flat/Maisonette | £995,000 | 26 Jan 2026 |
FLAT 12, GAINSBOROUGH STUDIOS WEST, 1, POOLE STREET N1 5EA | Flat/Maisonette | £551,000 | 23 Jan 2026 |
UPPER GROUND AND FIRST FLOOR FLAT, 54, ST PAUL STREET, ISLINGTON N1 7DA | Flat/Maisonette | £233,420 | 23 Jan 2026 |
FLAT 12, WAREHAM COURT, HERTFORD ROAD N1 4SN | Flat/Maisonette | £552,000 | 23 Jan 2026 |
FIRST FLOOR FLAT, 122, MILDMAY ROAD N1 4NE | Flat/Maisonette | £505,500 | 20 Jan 2026 |
23, SEBBON STREET N1 2EH | Flat/Maisonette | £655,000 | 20 Jan 2026 |
27B, PENTONVILLE 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.