Property trends for N13

    N13 covers Wood Green, Bounds Green and surrounding areas in north London, situated in the eastern part of the capital's Zone 2 and 3. The area offers a mix of residential charm with good transport links and diverse communities, appealing to families and commuters seeking more affordable access to central London.

    At a Glance

    Average Property Price - N13

    £571,880

    88

    National percentile

    Average Monthly Rent - N

    £2,250

    94

    National percentile

    Average Net Household Income - N13

    £52,361

    92

    National percentile

    Flat / Maisonette Yield - N

    4.4%

    6

    National percentile

    10-Year Annualised Price Growth - N13

    2.4%

    15

    National percentile

    10-Year Annualised Rent Growth - N

    3.4%

    20

    National percentile

    Property Price & Volume Trends

    The latest average property price of £572,000 places N13 among the most expensive nationally. However, growth has lagged well behind the national average, with 10-year annualised gains of just 2.4% — substantially below typical UK performance over the same period. Transaction volumes have softened: 232 sales were recorded in the latest full year, around 14% below the 10-year average of 270 transactions annually.

    Rent & Yield Trends

    At £2,250 per month, rents in the broader N postcode area are among the highest nationally. Rental growth has been modest at 3.4% annualised over the past decade, below the national trend. The flat yield has improved noticeably, rising to 4.4% in the latest year from a 10-year average of 3.5%, reflecting a more attractive proposition for investors seeking rental returns.

    Income & Affordability Trends

    Average household income of £52,361 sits well above the national average, placing the area in the top tier nationally. Purchase affordability has improved markedly: the price-to-income ratio has fallen from 12.6x in 2016 to 10.5x today, easing the burden of buying. Rental affordability has also strengthened considerably, with the rent-to-income ratio dropping from 51.2% to 42.8% over the same period, reflecting strong income growth relative to housing costs.

    Resident Demographic Profile

    The area skews notably towards mid-career professionals and families, with 35–49-year-olds accounting for 23.2% of the population — significantly above the national average of 18.7%. Young adults aged 16–24 are underrepresented at 9.1% versus 11.0% nationally. The private rental sector is notably stronger here at 31.8% of the population, well above the national 21.7%, while social rented housing is markedly lower at 8% compared to 16.5% nationally. The professional workforce is notably concentrated, making up 23.6% — substantially above the national 20.5% — reflecting the area's appeal to higher-earning commuters.

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