Property trends for N17

    N17 covers Wood Green and surrounding neighbourhoods in North London, sitting in the heart of the capital's suburban character. It is a diverse, densely populated area with strong local amenities and good transport links.

    At a Glance

    Average Property Price - N17

    £469,220

    77

    National percentile

    Average Monthly Rent - N

    £2,250

    94

    National percentile

    Average Net Household Income - N17

    £40,923

    62

    National percentile

    Flat / Maisonette Yield - N

    4.4%

    6

    National percentile

    10-Year Annualised Price Growth - N17

    4.0%

    65

    National percentile

    10-Year Annualised Rent Growth - N

    3.4%

    20

    National percentile

    Property Price & Volume Trends

    Properties in N17 are priced at £469,000 on average, placing them among the most expensive nationally. Over the past decade, prices have grown at 4.0% annually—a pace broadly in line with the wider UK market. Transaction volumes have slowed in recent years: 321 sales were recorded in the latest full year, against a 10-year average of 395.

    Rent & Yield Trends

    Average monthly rents in the broader N postcode area stand at £2,250, well above the national norm. However, rental growth has been sluggish: at 3.4% annually over the past decade, it trails most of the country. Yields have moved modestly upward, rising to 4.4% in the latest year from a 10-year average of 3.5%, reflecting recent shifts in the rent-to-price balance.

    Income & Affordability Trends

    Average household income in N17 is £40,923, slightly above the national median. Purchase affordability has tightened: the price-to-income ratio stands at 11.7x, up from 11.4x in 2016. Rental affordability has improved markedly, however—the rent-to-income ratio has fallen from 51.2% to 42.8% over the same period, suggesting rents have grown more slowly than earnings.

    Resident Demographic Profile

    The age profile is skewed notably towards working-age adults: those aged 35–49 form nearly a quarter of the population, well above the national average of 19%, whilst the over-65s represent only 9%, significantly below the national norm. Housing tenure is dominated by renting: private and social rented accommodation together account for 70% of homes, compared to a national figure of 38%, whilst outright ownership is rare at just 12%. Employment is tilted towards elementary occupations (20% versus 10% nationally) and caring roles, reflecting the area's demographic composition and socioeconomic profile.

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