At a Glance
Average Property Price - N5
£930,604
97
National percentile
Average Monthly Rent - N
£2,250
94
National percentile
Average Net Household Income - N5
£58,927
98
National percentile
Flat / Maisonette Yield - N
4.4%
6
National percentile
10-Year Annualised Price Growth - N5
0.8%
3
National percentile
10-Year Annualised Rent Growth - N
3.4%
20
National percentile
Property Price & Volume Trends
N5 is among the most expensive postcodes nationally, with an average price of £931,000. However, it has experienced among the slowest price growth in the country over the past decade, with annualised growth of just 0.8%. Transaction volumes have declined, with 256 sales in the latest full year compared to a 10-year average of 294 annually.
Rent & Yield Trends
Rental costs in the N postcode area are among the highest nationally at £2,250 per month. Rent growth has been modest at 3.4% annually over ten years, well below the national pace. The flat yield of 4.4% is now meaningfully above its 10-year average of 3.5%, reflecting a recent improvement in rental returns.
Income & Affordability Trends
Average household income in N5 is among the highest nationally at £59,000. Despite strong incomes, affordability pressures remain acute: the price-to-income ratio of 17.3x has worsened slightly since 2016 (16.9x), meaning property remains highly expensive relative to earnings. Rental affordability has improved significantly, with the rent-to-income ratio falling from 51.2% in 2016 to 42.8% today.
Resident Demographic Profile
The area has a notably younger profile than average, with 26.9% aged 25–34 (nearly double the national 13.4%) and only 9.7% aged 65 and over compared to the national 19.6%. Housing tenure differs markedly from national norms: private and social rented housing together account for 63.7% of all homes, far above the national combined 38.2%, while outright ownership at 15.3% is half the national average. Employment is heavily skewed towards professionals (36.9% vs 20.5% nationally) and technical roles (20.6% vs 13.2%), with very few in trades (3.1% vs 10.5%).