Islington Area Guide

London’s third smallest borough, lively Islington is only four miles from Central London and is packed with diversity and culture, attracting a raft of young professionals and new and exciting start-ups and tech businesses.

London’s third smallest borough, lively Islington is only four miles from Central London and is packed with diversity and culture, attracting a raft of young professionals and new and exciting start-ups and tech businesses. Old Street’s ‘Silicon Roundabout’ and Farringdon have become business hubs over the past decade thanks in no small part to their great connections across the city via three Underground lines, Victoria, Piccadilly and Northern.

Property market

£712k Average house price
£2,250 Average Rent, 2 Bed
4% Average yield
12% Price growth over last 5 years
16% Price growth 5-years forecast
12% Rental growth over last 5 years
12% Rental growth 5-years forecast

Lifestyle

9 Number of ‘Outstanding’ primary schools
4 Number of ‘Outstanding’ secondary schools
640 Restaurants and cafes
1,525 Number of shops
14% Proportion of open space
21 Number of stations
6a PTAL (Public Transport Accessibility Level)

The second largest population under 40 in London, Islington is rich in culture: Upper Street is home to vibrant independent restaurants such as Ottolenghi and Oldroyd, as well as casual dining options like Byron Burger and GBK. Traditional watering holes such as The Hope and Anchor stand alongside trendy Smiths of Smithfield and Little Bat for those post-work cocktails.

Several world-class theatres can be found in Islington including the Almeida and the Sadler’s Wells Theatres, making the borough a popular destination for arty creatives. Scattered with artisan coffee shops, traditional meat merchants and fishmongers - and plenty of authentic food markets – Islington offers loads of opportunities to residents to shop independently and creatively. And with a surprisingly rich offering of open space, it is not surprising residents sing the praises of this buzzy borough.

 

Insights

 

  • Average house prices 38% higher than London average
  • Average rent for a 2-bed flat is 26% higher than the London average
  • Traditionally an expensive borough, house price growth over the last 5 years was 12%, higher than London at 10%
  • Over the next 5 years, house price growth is expected to be 16%, lower than London at 19%
  • Average asking rents grew 12% over the last 5 years, slightly lower than London at 14%
  • Over the next 5 years average rents are predicted to grow by 12%, slighty lower than London at 14%
  • 40% of the borough's secondary schools are rated as outstanding by Ofsted, higher than the London figure of 36%
  • 266 shops per square mile, significantly higher than the figure for London of 73.48
  • 111 restaurants and cafes per square mile, significantly higher than the figure for London of 24.29

Islington was the site of the UK's first gay rights demonstration in 1970.

The London borough of Islington is the perfect place for residents to experience London’s history, culture and connections. Positioned just a short tube ride from the City, Islington is known for its wealth of high-end shops, restaurants and bars. For an authentic evening on the town, try Frederick’s Restaurant & Bar for a luxurious dinner, followed by cocktails at 69 Colebrook Row.

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Disclaimers

 

  • Average 2-bed yield is calculated by REalyse using median 2-bed asking rent and median 2-bed sales prices.  
  • Rental growth over the last five years is for all property (not 2-beds).
  • All data is the latest available as of January 2022.
  • PTAL – Transport for London's (TFL) Public Transport Accessibility Levels (PTALs) are a detailed and accurate measure of the accessibility of a point to the public transport network, taking into account walk access time and service availability. Each area is graded between 0 and 6b, where a score of 0 is very poor access to public transport, and 6b is excellent access to public transport.

 

Sources

 

  • Average Price – ONS, October 2021
  • Asking rent – Realyse, December 2021
  • Yield – Realyse, December 2021
  • House price and rental forecasts – CBRE Research
  • Outstanding primary and secondary schools – OFSTED (December 2021)
  • Number of cafes and restaurants – ONS (2020)
  • Number of shops – ONS (2021)
  • Open space – GiGL (2015)
  • Number of stations – TfL (2015)
  • PTAL – TfL (2015)