Market outlook for N7
Key indicators for buyers
The N7 market is challenging for buyers right now. Prices are rising at 7.9%, which may favour acting sooner rather than later. 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 £764,537 with a 25% deposit (£191k), a 2-year fixed mortgage at 4.79% costs around £3,282 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses N7 avg. price with Islington rental data
Monthly mortgage payments (£3,282) are £428 more than renting (£2,854). However, buying requires an upfront deposit of £191k — 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 |
|---|---|---|---|
FLAT 1, 32, HUNGERFORD ROAD N7 9LX | Flat/Maisonette | £750,000 | 16 Jul 2026 |
FLAT 1, 55, CARLETON ROAD N7 0ET | Flat/Maisonette | £880,000 | 16 Jul 2026 |
FLAT 14, CITY OF LONDON POINT, 107, YORK WAY N7 9QL | Flat/Maisonette | £755,000 | 10 Jul 2026 |
8, SURR STREET N7 9EJ | Flat/Maisonette | £480,000 | 6 Jul 2026 |
9, CHRIS PULLEN WAY N7 9FG | Flat/Maisonette | £577,000 | 3 Jul 2026 |
21, BUNNING WAY N7 9UN | Terraced | £950,000 | 3 Jul 2026 |
39, PENN ROAD N7 9RE | Semi-detached |
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.