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, 17:05

A Barnsbury entrepreneur who wants to make his favourite sport “accessible and affordable for everyone” has launched a tennis app.

Yesterday, 16:54

A homeless army veteran from Holloway who is part of the Windrush generation has told of his battle for an ID card and benefits – after the government dubbed him an “illegal immigrant” and drove him into hiding.

Tue, 17:28

Extra security in Hackney’s streets over the Wireless weekend left Islington’s Finsbury Park community having to contend with hundreds of drunk, noisy festivalgoers, the council has said.

Tue, 16:28

Islington’s housing chief says the government “just doesn’t get” the housing crisis after today’s green paper revealed there will be no money to build new council homes.

Tue, 11:24

A Finsbury Park nursery has been given a Good Ofsted rating in all four areas of inspection.

Tue, 08:20

A mother and her two young kids have been left living with “devastating” damage after rainwater gushed through the ceiling of their Barnsbury flat last week.

Mon, 19:11

A “tormented” bereaved mother has urged witnesses to come forward after the case against her son’s suspected killer collapsed due to a lack of evidence.

Mon, 18:57

A single mum on maternity leave and her two young kids have been evicted from their Holloway home by a “horrible” housing association – because she couldn’t pay a £2,000 bill up front.

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