At a Glance
Average Property Price - N1
£857,103
96
National percentile
Average Monthly Rent - N
£2,250
94
National percentile
Average Net Household Income - N1
£47,875
83
National percentile
Flat / Maisonette Yield - N
4.4%
6
National percentile
10-Year Annualised Price Growth - N1
0.5%
3
National percentile
10-Year Annualised Rent Growth - N
3.4%
20
National percentile
Property Price & Volume Trends
N1 is among the most expensive postcodes nationally, with an average price of £857,000. However, growth has been exceptionally weak: at 0.5% annualised over the past decade, it ranks among the slowest-growing areas in the country. Transaction activity has also softened, with 758 sales in the latest year against a 10-year average of 908—a decline of around 17%.
Rent & Yield Trends
Rents in the N postcode area average £2,250 per month, placing it among the most expensive nationally. Rental growth over the past decade has been modest at 3.4% annually, well below the national average. The yield on flats has improved markedly, rising to 4.4% from a 10-year average of 3.5%, suggesting rental income has become more attractive relative to property values.
Income & Affordability Trends
Household incomes in N1 are well above the national average at £47,875, reflecting the area's concentration of professional workers. Purchase affordability has improved: the price-to-income ratio has eased from 19.7x in 2016 to 18.9x today. Rental affordability has also strengthened considerably, with the rent-to-income ratio falling from 51.2% to 42.8%—a significant improvement in the relative cost of renting.
Resident Demographic Profile
N1 skews notably younger, with over a quarter of residents aged 25–34 compared to 13.4% nationally, while those aged 50–64 and 65+ are substantially underrepresented. The tenure profile is distinctive: only 26.7% own their home (outright or with mortgage) against a national average of 60.7%, while social rented housing accounts for 38.4%—more than double the national rate. The employment base is heavily skewed towards professional and technical roles, which together comprise over 56%, while trades and elementary workers are rare at under 9%.