Clerkenwell House Prices Clerkenwell House Prices

The average house price in Clerkenwell is £476,666 using HM Land Registry data.

The average property price increased by £122,382 (14.12%) over the last 5 years and increased by £24,459 (2.54%) over the last 12 months.

Over the last year, there were 81 residential property sales – a decrease of 30 transactions (-37.04%) relative to the previous year. The majority of house sales (31) were in the £490,000 - £724,000 range. Then came properties in the £724,000 - £958,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 122 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-55,351 (-4%).

In April 2024, there were 19 new estate agency instructions, 12 agreed home sales and 11 property price reductions.

5-Year Average Property Prices in Clerkenwell

14.12%

Property prices in Clerkenwell increased by 14.12% 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 Clerkenwell Over the Last Year

2.54%

Property prices in Clerkenwell increased by 2.54% 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 Clerkenwell - 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 Clerkenwell

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 Clerkenwell

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 Clerkenwell

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 Clerkenwell since 1995

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

Recent Property Sales in Clerkenwell

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
46 Kings Cross Road, London, Greater London, WC1X 9QE£550,000£545,000-£5,00031 Aug 202302 Dec 202393 Days
Flat 5, Patrick Coman House, Skinner Street, London, Greater London, EC1V 4NW£340,000£335,000-£5,00005 Jul 202301 Dec 2023149 Days
98 Rosebery Avenue, London, Greater London, EC1R 4TL£1,650,000£1,630,000-£20,00015 May 202317 Nov 2023186 Days
7 Sebastian Street, London, Greater London, EC1V 0HE£1,800,000£1,625,000-£175,00012 Sep 202312 Oct 202330 Days
15b, Percy Circus, London, Greater London, WC1X 9ES£625,000£525,000-£100,00011 Jun 201821 Sep 20231928 Days
Flat 9, Archery Fields House, Wharton Street, London, Greater London, WC1X 9PN£500,000£490,000-£10,00027 Jul 202319 Sep 202354 Days
16a, Great Percy Street, London, Greater London, WC1X 9QW£800,000£800,000£0016 Jun 202301 Sep 202377 Days
Flat 23, Gwynne House, Lloyd Baker Street, London, Greater London, WC1X 9BG£575,000£545,000-£30,00019 May 202321 Aug 202394 Days
6 Rosebery Court, London, Greater London, EC1R 5HP£575,000£560,000-£15,00014 Mar 202304 Aug 2023143 Days
Flat 6, Worthington House, Myddelton Passage, London, Greater London, EC1R 1XQ£750,000£669,789-£80,21109 May 202304 Aug 202387 Days
Flat 45, Bevin Court, Cruikshank Street, London, Greater London, WC1X 9HA£600,000£580,000-£20,00031 Jan 202228 Jul 2023543 Days
8 Wynyatt Street, London, Greater London, EC1V 7HU£900,000£875,000-£25,00005 Jan 202304 May 2023119 Days
32 Northampton Square, London, Greater London, EC1V 0ES£2,499,950£2,400,000-£99,95019 Oct 202228 Apr 2023191 Days
17 Kingsway Place, London, Greater London, EC1R 0LU£1,095,000£1,022,500-£72,50026 Oct 202203 Apr 2023159 Days
Flat 35, Moorgreen House, Wynyatt Street, London, Greater London, EC1V 7JA£650,000£650,000£0030 May 202231 Mar 2023305 Days
29 Sekforde Street, London, Greater London, EC1R 0HH£2,500,000£2,225,000-£275,00008 Aug 202228 Feb 2023204 Days
34 Lloyd Baker Street, London, Greater London, WC1X 9AB£1,950,000£1,775,000-£175,00029 Sep 202224 Feb 2023148 Days
34 Kingsway Place, London, Greater London, EC1R 0LU£650,000£615,000-£35,00023 Jun 202205 Dec 2022165 Days
Flat 27, Midway House, Manningford Close, London, Greater London, EC1V 7HP£650,000£581,000-£69,00028 May 202218 Nov 2022174 Days
9 Kingsway Place, London, Greater London, EC1R 0LU£1,100,000£1,050,000-£50,00030 Sep 202210 Nov 202241 Days

Most Expensive Streets in Clerkenwell

PostcodeStreetAreaAverageNo. of Sales
EC1R 1AERiver Street MewsLondon£2,833,3333
EC1R 1XXMyddelton SquareLondon£2,219,5003
EC1R 1AFChadwell MewsLondon£2,216,6663
WC1X 0EGWilmington SquareLondon£2,069,0005
EC1R 0AAClerkenwell CloseLondon£2,004,0005
WC1X 9ABLloyd Baker StreetLondon£1,796,6663
WC1X 9PFGranville SquareLondon£1,710,6254
EC1R 4TLRosebery AvenueLondon£1,445,0004
EC1R 1YEMyddelton SquareLondon£1,424,29112
EC1M 5UQBritton StreetLondon£1,413,7504

Least Expensive Streets in Clerkenwell

PostcodeStreetAreaAverageNo. of Sales
EC1V 0ELWyclif CourtWyclif Street, London£425,0003
WC1X 9HABevin CourtCruikshank Street, London£450,1005
WC1X 0ESWilmington SquareLondon£490,8333
WC1X 9HBBevin CourtCruikshank Street, London£493,3333
WC1X 9BGGwynne HouseLloyd Baker Street, London£503,2504
EC1V 7JAMoorgreen HouseWynyatt Street, London£511,0005
EC1V 4PHSt John StreetLondon£522,1663
EC1V 4LBSt John StreetLondon£539,9378
N1 9LTClaremont CloseLondon£570,0833
EC1V 7HPMidway HouseManningford Close£582,0003

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