Search

Revealed: How much the average property sold for in Islington last year

PUBLISHED: 17:18 13 June 2018 | UPDATED: 17:28 13 June 2018

New figures have revealed the average Islington property sold for £640,906 between January and December 2017. Picture: Yui Mok/PA

New figures have revealed the average Islington property sold for £640,906 between January and December 2017. Picture: Yui Mok/PA

PA Archive/PA Images

Islington property sales were £414,000 above the national average in the last year.

New data shows the average Islington property sold for £640,906, compared to the UK average of £226,906.

The figures, released today by the Office of National Statistics, also listed Islington as the seventh most expensive local authority area to buy a home.

And the average homeowner would have seen their property jump in value by about £166,000 in the past five years.

Meanwhile, first-time buyers spent an average £606,529 in Islington, about £158,000 more than it would have been five years ago.

However, property prices grew by just 0.1 per cent in the last year, compared to 1 pc across London.

Between January and December last year, the most recent 12 months for which sales volume data is available, 1,679 homes were sold in Islington. It was 28% fewer than in 2016.

Related articles

Latest Islington News Stories

Yesterday, 17:50

A pedestrian is in hospital after getting hit by a bus in City Road today.

Yesterday, 16:06

Haringey is “prostituting” Finsbury Park out for Wireless Festival and should scrap the event, neighbours argued at a licensing sub-committee meeting last night.

Mon, 16:23

Up to 100 children looted cheap sweets from a supermarket off Stroud Green Road and threw missiles at cars in the early hours of Sunday morning.

Mon, 14:52

Islington’s transport chief fears ticket office closures at two Overground stations in the borough will hit vulnerable people hardest.

Mon, 14:51

A new “eco-mooring zone” will be created for visiting boats between York Way and Danbury Street on the Regent’s Canal.

Mon, 12:24

Islington Council has withdrawn its representation ahead of today’s Wireless Festival licensing hearing, saying promoters have agreed to their demands.

Friday, October 12, 2018

A “cowardly career criminal” who held vulnerable women at knifepoint during a six-week spree robbing shops has been jailed.

Friday, October 12, 2018

Meet the Highbury-born library boss who represented the borough in Parliament. She spoke about the huge range of services on offer at Islington’s ‘street corner universities’, from taekwondo to help claiming Universal Credit. The Gazette found out more.

PROMOTED CONTENT

Fostering older teenagers means giving them the skills for life as an adult. Here, a supportive lodgings carer with Islington Council and young adult who has left care share their stories

Newsletter Sign Up

Islington Gazette twice-weekly newsletter
Sign up to receive our regular email newsletter

Our Privacy Policy

Most read

Show Job Lists

Digital Edition

cover

Enjoy the
Islington Gazette
e-edition today

Subscribe

Education and Training

cover

Read the
Education and Training
e-edition today

Read Now