At a Glance
Average Property Price - N22
£629,620
91
National percentile
Average Monthly Rent - N
£2,250
94
National percentile
Average Net Household Income - N22
£49,541
88
National percentile
Flat / Maisonette Yield - N
4.4%
6
National percentile
10-Year Annualised Price Growth - N22
3.5%
46
National percentile
10-Year Annualised Rent Growth - N
3.4%
20
National percentile
Property Price & Volume Trends
The average property price in N22 stands at £630,000, placing it among the most expensive districts nationally. Over the past decade, prices have grown at 3.5% annually—a pace broadly in line with the national average. Transaction activity has softened recently, with 272 sales in the latest full year compared to a 10-year average of 311, suggesting a modest slowdown in market momentum.
Rent & Yield Trends
Average monthly rents in the broader N postcode area reach £2,250, reflecting rental levels among the highest nationally. Rent growth over the past decade has averaged 3.4% annually, which is notably slower than the national trend. The flat yield currently stands at 4.4%, a marked improvement from the 10-year average of 3.5%, indicating strengthening returns for rental investors in recent periods.
Income & Affordability Trends
Average net household income in N22 is £49,541, well above the national average and placing the area among higher-earning postcodes. The current price-to-income ratio of 11.8x represents a meaningful improvement since 2016, when it stood at 13.9x, reflecting stronger affordability for buyers relative to local earnings. Rental affordability has also improved significantly; the rent-to-income ratio has fallen from 51.2% in 2016 to 42.8% today, suggesting renters now spend a smaller share of income on housing.
Resident Demographic Profile
The area shows a pronounced skew towards working-age and middle-aged residents, with those aged 35–49 representing nearly a quarter of the population—well above the 18.7% national average. Conversely, those aged 65 and over comprise just under 11%, notably below the national figure of 19.6%. Housing tenure is distinctive: private rented accommodation accounts for 34.8% of homes (nearly 13 percentage points above the national average), while social rented housing at 25.5% is also significantly elevated, reflecting a more diverse tenure mix than the national norm. Professionally employed residents are slightly overrepresented at 23.1%, whilst caring and administrative roles are underrepresented relative to national profiles.
