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Islington Property Market 📊 February 2025

Updated: May 22

Islington Property Market February 2025
Jacob Littorin is your Personal Estate Agent in Islington and beyond.

Exclusively created for you: the monthly Islington Property Market update with tons of news and statistics from Islington's N1, N5, N7, and the rest of the UK. I hope you will find it valuable, as I am your Personal Estate Agent in Islington. Let's get right into it. Enjoy!


Jacob x



Your monthly Islington Property Market update.
Your monthly Islington Property Market update.

Rightmove Statistics - Islington & Inner London


These are the fresh statistics from Rightmove covering the Islington postcodes of N1, N5, and N7, along with the 312 postcodes of Inner London (see clarification at the end of this update). The data for property listings is for February 2025, compared with 2024 and 2023.



AVAILABLE PROPERTIES FOR SALE
Islington's available properties for sale in N1, N5, and N7. Source: Rightmove.
Islington's available properties for sale in N1, N5, and N7. Source: Rightmove.
Inner London's available properties for sale in N1, N5, and N7. Source: Rightmove.
Inner London's available properties for sale across 312 postcodes. Source: Rightmove.

NEW INSTRUCTIONS TO SELL PROPERTY
Islington's new instructions to sell property in N1, N5, and N7. Source: Rightmove.
Islington's new instructions to sell property in N1, N5, and N7. Source: Rightmove.
Inner London's new instructions to sell property in N1, N5, and N7. Source: Rightmove.
Inner London's new instructions to sell property across 312 postcodes. Source: Rightmove.

PROPERTY SALES AGREED
Islington's property sales agreed in N1, N5, and N7. Source: Rightmove.
Islington's property sales agreed in N1, N5, and N7. Source: Rightmove.
Inner London's property sales agreed in N1, N5, and N7. Source: Rightmove.
Inner London's property sales agreed across 312 postcodes. Source: Rightmove.

PRICE REDUCTIONS
Islington's price reductions in N1, N5, and N7. Source: Rightmove.
Islington's price reductions in N1, N5, and N7. Source: Rightmove.
Inner London's price reductions in N1, N5, and N7. Source: Rightmove.
Inner London's price reductions across 312 postcodes. Source: Rightmove.

PROPERTIES LISTED FOR MORE THAN 12 WEEKS
Properties across Islington's N1, N5, and N7 listed for more than 12 weeks. Source: Rightmove.
Properties across Islington's N1, N5, and N7 listed for more than 12 weeks. Source: Rightmove.
Properties across Inner London listed for more than 12 weeks. Source: Rightmove.
Properties across Inner London listed for more than 12 weeks. Source: Rightmove.

AVERAGE DAILY VIEWS PER PROPERTY
Average daily views per property across Islington's N1, N5, and N7. Source: Rightmove.
Average daily views per property across Islington's N1, N5, and N7. Source: Rightmove.
Average daily views per property across Inner London. Source: Rightmove.
Average daily views per property across Inner London. Source: Rightmove.

Market Takeaways


  • New instructions to sell property are on the rise across Islington and Inner London, while the stock of available properties for sale continues to increase.

  • Sales agreed across Islington and Inner London on a positive trajectory, showing similar signs as the national UK property market.

  • Average daily views per property made a big slump in Islington, as a possible effect of the increased new listings coming to the market and available properties for sale on Rightmove.



Jacob's Note


With views dropping, and a ton of available properties for sale, your estate agent has to do more than listing your property on Rightmove. It's essential that a tailored marketing plan is executed and you have the right to know the steps of that plan.



Your monthly Islington Property Market update.
Your monthly Islington Property Market update.

Islington Completed Sale Prices


The Land Registry has published the latest average sold property prices for properties sold in December 2024. The charts below display the data covering the borough of Islington for 2024, the 10-year average (2014-2023), and the previous year 2023.



The average sold property prices across the borough of Islington. Source: Land Registry.
Average borough of Islington property price. Source: Land Registry.
The average sold property prices across the borough of Islington. Source: Land Registry.
Average borough of Islington detached property price. Source: Land Registry.
The average sold property prices across the borough of Islington. Source: Land Registry.
Average borough of Islington semi-detached property price. Source: Land Registry.
The average sold property prices across the borough of Islington. Source: Land Registry.
Average borough of Islington terraced property price. Source: Land Registry.
The average sold property prices across the borough of Islington. Source: Land Registry.
Average borough of Islington flat & maisonette property price. Source: Land Registry.

Jacob's Note


The data for flats and maisonettes truly showcases the importance of looking at the local level when it comes to property prices. If there are headlines stating that property prices across the UK are slumping fast or skyrocketing, this isn't directly comparable to your local area.



Your monthly Islington Property Market update.
Your monthly Islington Property Market update.

UK Property Market News


Let's dive into the national statistics from Simon Gates of Opening the Gates, Rightmove, Zoopla, and Steve Eakins of Lumon. We begin by taking a look at the average asking prices.



Average Asking Prices

Average asking prices. Source: Rightmove.
Average asking prices. Source: Rightmove.

Opening The Gates

  • Simon Gates of Opening The Gates reported that across all categories (properties for sale, new listings coming to the market, sales agreed, mortgage approvals, and completed transactions) all numbers (nationally) are going up.

  • This is a strong sign of a very positive start to the 2025 UK property market, while the average £ per sq ft for new listings is up at £397 this February vs £368 in Feb '24 and £390 in January.

  • There are way fewer properties withdrawing from the UK market: -49.59% Feb vs Jan. -45.28% Feb '25 vs Feb '24. -34.92% Feb vs the 6-year average.



Rightmove

  • Rightmove reported that the number of sales agreed has increased by +15% versus this time last year.

  • Prices are 1.4% ahead of this time last year while the number of homes for sale is at a 10-year high.

  • The number of new sellers coming to market is now +13% ahead, while buyer demand is +8% ahead, versus this time last year.



Zoopla

  • Zoopla reported that the 2025 sales market is off to a stronger start than in 2024 and 2023.

  • UK house price inflation is running at +2.0% versus -0.9% last year.

  • There has been an increase in the number of people looking to buy now or in the next 2 years. 22% of renters are looking to become first-time buyers, while 17% of homeowners are now looking to move.



Currency Market


Lumon

Steve Eakins of Lumon reported that the Pound Sterling is climbing back after a wave of positive economic data, making a UK recession less likely and shifting forecasts on interest rates:

📈 0.1% GDP growth last week eased recession fears

📉 Unemployment dipped to 4.4% yesterday

🔥 Stronger inflation data today is reshaping market views


If you are moving abroad, a stronger GBP could impact your international budget for the better. Potentially, you could accept a lower offer and still have enough money to buy the property you have in sight.

📈 GBP to EUR is up 2.5% in the last 30 days - now at a 2025 high.

📈 GBP to USD has surged 4% - also at a 2025 high.

✅ A £500,000 sale to Europe could accept a £12,500 lower offer

✅ A £500,000 sale to the US or Middle East could accept a £20,000 lower offer 


Yes, exchange rates move this much - and can impact deals quickly. It's important to work with a currency partner such as Lumon* to lock in favourable exchange rates - up to 2 years in advance.

*Not getting paid for saying this. Lumon is truly a great currency partner. //Jacob



Jacob Littorin is your Personal Estate Agent in Islington and beyond.
Jacob Littorin is your Personal Estate Agent in Islington and beyond.

Did you know that only 36% of properties in London successfully complete the sale? Selling is not straightforward, which is why it's crucial to focus on your property dream, and we are in this together.


Since 2019, I've dedicated myself to rigorous training to provide you with exceptional service and results. I hold the NAEA Propertymark Level 2 and Level 3 Awards in the Sale of Residential Property, ensuring qualified expertise.


My attention is with you. I personally guide you through every step of your sale with a deep understanding of your unique situation - from our first conversation to the completed sale. As your dedicated advisor, I'm here to shape your roadmap to success. Turn your dreams into reality with your Personal Estate Agent, Jacob Littorin. 💜


Don't want to miss future updates? Islington Property Market is available here, only on #LittorinMeansLondon.

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  • The listings data from Rightmove shows resale & newly built detached houses, semi-detached houses, terraced houses, unspecified houses, flats/apartments, bungalows, and land. The 312 postcodes of Inner London are SW1P, EC1R, SW5, W1D, WC2E, W1K, N7, EC4R, W1U, W1H, SW1X, SW1V, WC2R, W1F, EC2A, W1T, NW1, W1J, EC2V, EC3M, EC3A, SW3, EC4Y, EC3R, NW8, EC1V, EC1M, WC2H, EC3N, WC1B, EC2R, EC4A, EC2Y, W11, EC1N, EC2V, W8, WC1X, EC4N, W1W, EC2N, EC4M, W2, N1, W1B, WC1E, SW1W, WC2A, SW10, SW1Y, W14, SW1H, WC1R, SW1A, SE1, EC1Y, EC4V, W1S, EC2M, WC1V, WC1N, SW1E, WC2N, W1G, SW7, N5, WC1H, WC2B, WC1A, EC1A, N1C, and W1C.


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