Market outlook for N7
Key indicators for buyers
The N7 market presents a mixed picture for buyers. Prices have softened (-4.5%), 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 £682,977 with a 25% deposit (£171k), a 2-year fixed mortgage at 4.81% costs around £2,938 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses N7 avg. price with Islington rental data
Monthly mortgage payments (£2,938) are £95 more than renting (£2,843). However, buying requires an upfront deposit of £171k — 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 |
|---|---|---|---|
FLAT C, 4, FURLONG ROAD N7 8LS | Flat/Maisonette | £459,988 | 24 Jun 2026 |
FLAT 3, 102A, TUFNELL PARK ROAD N7 0DT | Flat/Maisonette | £701,500 | 24 Jun 2026 |
79, CLOCK VIEW CRESCENT N7 9FR | Flat/Maisonette | £525,000 | 17 Jun 2026 |
22, WARLTERS ROAD N7 0RX | Terraced | £850,000 | 15 Jun 2026 |
FLAT 6, 22 - 24, HERCULES PLACE N7 6AL | Flat/Maisonette | £375,000 | 15 Jun 2026 |
APARTMENT 26, THE SCHOOL HOUSE, 69, TOLLINGTON ROAD N7 6DW | Flat/Maisonette | £418,000 | 11 Jun 2026 |
43B, MEDINA ROAD N7 7LA |
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.