Property trends for N22

    N22 covers Wood Green and surrounding areas in North London, situated in the Enfield and Haringey boroughs. It is an increasingly diverse, densely residential neighbourhood with strong transport links and a mix of residential and commercial character.

    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.

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