Property trends for N21

    N21 covers Winchmore Hill and Palmers Green in North London, situated in the borough of Enfield. It is an established, affluent residential area with strong schools and green spaces, popular with families and professional workers.

    At a Glance

    Average Property Price - N21

    £753,254

    95

    National percentile

    Average Monthly Rent - N

    £2,250

    94

    National percentile

    Average Net Household Income - N21

    £57,174

    97

    National percentile

    Flat / Maisonette Yield - N

    4.4%

    6

    National percentile

    10-Year Annualised Price Growth - N21

    2.6%

    18

    National percentile

    10-Year Annualised Rent Growth - N

    3.4%

    20

    National percentile

    Property Price & Volume Trends

    N21 is among the most expensive postcodes nationally, with an average price of £753,000. However, its 10-year annualised growth of 2.6% per year sits well below the national average, reflecting a period of modest appreciation. Transaction activity has remained relatively stable, with 250 sales in the latest full year compared to a 10-year average of 264.

    Rent & Yield Trends

    Average monthly rents of £2,250 place the broader N area among the most expensive nationally for rental accommodation. Rent growth over the past decade has been below average at 3.4% per year. The flat yield has improved to 4.4% in the latest year from a 10-year average of 3.5%, indicating modest strengthening of rental returns.

    Income & Affordability Trends

    Household incomes here are exceptionally high, among the top percentile nationally, with an average of £57,174. The price-to-income ratio of 13.2x has improved slightly from 13.5x in 2016, suggesting modest gains in purchase affordability. Rental affordability has improved substantially, with the rent-to-income ratio falling from 51.2% to 42.8% over the same period.

    Resident Demographic Profile

    The area skews notably towards middle and older age groups, with those aged 35–49 representing 21.6% of the population—above the national average of 18.7%—while young adults aged 16–24 are underrepresented at 8.2%. Housing is dominated by owner-occupation; 38.6% own outright and 35.9% own with a mortgage, far exceeding national averages and leaving minimal room for rented housing at just 20.3%. The employment profile is heavily weighted towards senior roles, with professionals at 26.8% and managers at 20.6%, both substantially above national norms, while elementary and trades occupations are markedly underrepresented.

    Explore nearby