At a Glance
Average Property Price - N2
£1,027,226
98
National percentile
Average Monthly Rent - N
£2,250
94
National percentile
Average Net Household Income - N2
£59,479
98
National percentile
Flat / Maisonette Yield - N
4.4%
6
National percentile
10-Year Annualised Price Growth - N2
2.7%
21
National percentile
10-Year Annualised Rent Growth - N
3.4%
20
National percentile
Property Price & Volume Trends
N2 is among the most expensive postcodes nationally, with an average price of £1,027,000. However, its 10-year annualised growth of 2.7% per cent sits well below the national trend, suggesting the area has underperformed in recent years. Transaction activity has eased, with 209 sales in the latest year against a 10-year average of 240—a modest decline from historical levels.
Rent & Yield Trends
Rental costs in the broader N postcode area are among the highest nationally at £2,250 per month. Rent growth over the past decade has been slower than national patterns, expanding at 3.4 per cent annually. The flat yield has improved to 4.4 per cent, up from a 10-year average of 3.5 per cent, reflecting a tightening relationship between property values and rental income.
Income & Affordability Trends
Household incomes here are among the highest in the country at nearly £59,500 annually. Despite strong earnings, purchase affordability has deteriorated slightly: the price-to-income ratio has risen from 19.2x in 2016 to 19.8x today. Rental affordability, however, has improved considerably—the rent-to-income ratio has fallen from 51.2 per cent to 42.8 per cent over the same period.
Resident Demographic Profile
The area has a notably mature character, with a particularly strong concentration of 35–49 year-olds at nearly 24 per cent (well above the national 18.7 per cent), whilst those aged 16–24 are significantly underrepresented at 8.3 per cent. Housing tenure is distinctive for its high private rental proportion at over 30 per cent, substantially above the national average. The employment profile skews heavily towards professional and managerial roles—over 52 per cent combined—with trades and elementary occupations far below national norms.