Canonbury House Prices Canonbury House Prices

The average house price in Canonbury is £754,111 using HM Land Registry data.

The average property price increased by £175,752 (24.61%) over the last 5 years and increased by £35,125 (4.11%) over the last 12 months.

Over the last year, there were 192 residential property sales – a decrease of 131 transactions (-68.23%) relative to the previous year. The majority of house sales (68) were in the £400,000 - £650,000 range. Then came properties in the £650,000 - £900,000 range, where 44 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 150 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-52,974 (-3%).

In April 2024, there were 40 new estate agency instructions, 25 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in Canonbury

24.61%

Property prices in Canonbury increased by 24.61% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Canonbury Over the Last Year

4.11%

Property prices in Canonbury increased by 4.11% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Canonbury - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Canonbury

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Canonbury

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Canonbury

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Canonbury since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Canonbury area since 1995.

Recent Property Sales in Canonbury

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
162 Balls Pond Road, London, Greater London, N1 4AA£1,000,000£992,700-£7,30020 Nov 202316 Feb 202488 Days
35c, Leconfield Road, London, Greater London, N5 2RZ£550,000£550,000£0006 Sep 202314 Feb 2024161 Days
26 Upper Caldy Walk, Islington, London, Greater London, N1 2QS£375,000£375,000£0024 Apr 202321 Dec 2023241 Days
Flat 21, Southgate Court, Southgate Road, London, Greater London, N1 3JR£500,000£500,000£0028 Jul 202305 Dec 2023130 Days
Flat 43, Newington Green Mansions, Green Lanes, London, Greater London, N16 9BT£450,000£445,000-£5,00007 Jul 202324 Nov 2023140 Days
Flat 5, Horsfield House, Northampton Street, London, Greater London, N1 2HU£425,000£422,000-£3,00022 Jul 202317 Nov 2023118 Days
17 Northampton Grove, London, Greater London, N1 2PL£1,325,000£1,100,000-£225,00029 Mar 202331 Oct 2023216 Days
10 Rosemary Street, London, Greater London, N1 3DU£1,500,000£1,355,000-£145,00019 May 202330 Oct 2023164 Days
3 St Jude Street, London, Greater London, N16 8JU£1,250,000£1,188,000-£62,00013 Jun 202312 Oct 2023121 Days
54 Newington Green, London, Greater London, N16 9PX£2,250,000£2,075,000-£175,00030 Aug 202311 Oct 202342 Days
171 Southgate Road, London, Greater London, N1 3LE£1,600,000£1,550,000-£50,00019 Jun 202328 Sep 2023101 Days
5 Park Place, London, Greater London, N1 3JU£1,800,000£1,725,000-£75,00020 Jun 202305 Sep 202377 Days
Flat 2, Ashfield House, Highbury Estate, London, Greater London, N5 2NU£500,000£500,000£0003 Apr 202304 Sep 2023154 Days
Flat 40, Mcindoe Court, Rotherfield Street, London, Greater London, N1 3EY£350,000£348,607-£1,39306 Mar 202301 Sep 2023179 Days
Flat 130, Kerridge Court, Balls Pond Road, London, Greater London, N1 4AN£450,000£440,000-£10,00030 Mar 202230 Aug 2023518 Days
38 Elton Place, London, Greater London, N16 8LU£650,000£645,000-£5,00015 May 202318 Aug 202395 Days
47 Northampton Park, London, Greater London, N1 2PP£440,000£425,000-£15,00006 Jul 202317 Aug 202342 Days
12 Blair Close, London, Greater London, N1 2YP£899,950£875,000-£24,95010 Mar 202317 Aug 2023160 Days
Flat 105, Kerridge Court, Balls Pond Road, London, Greater London, N1 4AN£600,000£565,000-£35,00030 Mar 202311 Aug 2023134 Days
96 St Pauls Road, London, Greater London, N1 2QP£1,650,000£1,650,000£0004 May 202328 Jul 202385 Days

Most Expensive Streets in Canonbury

PostcodeStreetAreaAverageNo. of Sales
N1 2HHAlwyne RoadLondon£5,177,0003
N1 2HNAlwyne RoadLondon£4,387,5004
N1 2HWAlwyne RoadLondon£3,871,6663
N1 2JLCanonbury Park SouthLondon£3,683,3333
N1 2PJNorthampton ParkLondon£3,000,9005
N1 2JTCanonbury Park NorthLondon£2,250,8754
N1 2JJCanonbury Park SouthLondon£2,043,7504
N1 2JXAlwyne SquareLondon£2,023,3333
N1 2NTSt Marys GroveLondon£1,825,0007
N1 2NLAlwyne PlaceLondon£1,663,0005

Least Expensive Streets in Canonbury

PostcodeStreetAreaAverageNo. of Sales
N1 2EBEssex RoadLondon£280,8333
N1 4PEMildmay ParkLondon£317,8124
N5 2DNAthenaeum CourtHighbury New Park£358,2055
N1 4AUBalls Pond RoadLondon£363,4005
N1 2QSUpper Caldy WalkIslington£367,7814
N1 3NXDe Beauvoir CourtNorthchurch Road£372,0836
N1 3EPBurton BankYeate Street, London£381,2504
N1 4NTTudor CourtKing Henrys Walk£383,6704
N1 2PDRamsey WalkLondon£386,0004
N1 2FAChurch RoadLondon£386,3754

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